Schaeffer's Daily Market Blog Features Iron Mountain, Moody's, Midway Games, CBOT Holdings, and Coinstar.CINCINNATI -- Among the stocks featured in the October 28 edition of Schaeffer's Market Blog are Iron Mountain (NYSE NYSE See: New York Stock Exchange :IRM (1) (Information Resource Management) See Information Systems and information management. (2) (Inherited Rights Mask) In NetWare 3.x and 4. ), Moody's (NYSE:MCO MCO Managed care organization, see there ), Midway Games (NYSE:MWY MWY Me Without You (band) ), CBOT See Chicago Board of Trade. CBOT See Chicago Board of Trade (CBOT). Holdings (NYSE:BOT), and Coinstar (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CSTR CSTR Centre for Speech Technology Research CSTR Canister CSTR Continually Stirred Tank Reactor CSTR Center for Software Testing Research (Florida Tech) CSTR Combat System Trial Rehearsal (US DoD) ). Schaeffer's Market Blog is just one of the many free market commentaries written everyday at www.SchaeffersResearch.com - the home of Bernie Schaeffer and Schaeffer's Investment Research. The Market Blog is written throughout every trading day by Schaeffer's financial analysts and traders. They are quick insights to the day's most notable market activity from an options perspective. For additional information about this report or to have it delivered to you free via email every day click on the following link. http://www.schaeffersresearch.com/redirect.aspx?CODE=PROB PROB Probable/Probably PROB Problem PROB People's Republic of Bangladesh 1M&PAGE=1 . Schaeffer's Market Blog for Friday, October 28, 2005: Below are just a few of today's Market Blog entries. Click here to read all of today's Market Blog. http://www.schaeffersresearch.com/redirect.aspx?CODE=PROB1C&PAGE=1 . 9:56 AM NYSE & NASDAQ New Highs/New Lows With Schaeffer's Equity Scorecard After yet another tough session in Thursday's trading, the number of new annual lows dominated the number of new annual highs. Yesterday, there were five times as many new annual lows as there were new annual highs. The NYSE saw 33 new highs while the NASDAQ saw 34 issues achieving new highs. On the other hand, NYSE new annual lows tallied up to 209 while the NASDAQ had 121 lows. The composite of New Highs/New Lows is at the lowest levels we have seen in the past couple of years. Thus, it would signal that this market is oversold Oversold In technical analysis, it is a market in which the volume of selling that has occurred is greater than the fundamentals justify. Notes: It is the opposite of overbought. by this solitary measure. Stocks to watch for potential bullish plays include Iron Mountain (NYSE:IRM), Moody's (NYSE:MCO), and Midway Games (NYSE:MWY). For a list of 39 others that we have selected today, visit the Daily Market Blog at SchaeffersResearch.com. 10:15 AM CBOT Holdings Lower on Earnings Report According to Yahoo! Finance, CBOT Holdings (NYSE:BOT), through its wholly owned subsidiaries Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , engages in the operation of a marketplace for the trading of commodity and financial futures financial futures Obligations to buy or sell particular positions in financial instruments. The features of financial futures are identical to those of any futures contract except that the asset for delivery is of a financial nature. contracts, as well as options on futures contracts in the United States. The company offers markets in futures contracts and options on futures contracts in four product categories: agricultural products, interest rate products, stock market indices Commonly used stock market indices include: Global Large companies not ordered by any nation or type of business (in alphabetical order).
This morning before the market open, BOT reported third-quarter earnings of 40 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. , up from second-quarter earnings of 35 cents per share. Company revenues increased nearly 20 percent over second-quarter results. Although BOT opened higher on its earnings report, it is has since lost ground and at last check was trading about one percent lower to $117.03. 10:27 AM Coinstar Higher on Earnings Report According to Yahoo! Finance, Coinstar (NASDAQ:CSTR) operates in the self-service coin-counting services market. The company engages in the development, ownership, and operation of the multinational automated network of self-service coin-counting machines. Last night after the market close, CSTR reported third-quarter earnings of 30 cents per share, a penny ahead of analyst estimates. Company revenues increased 11.6 percent year-over-year to $118.7 million, ahead of the consensus estimate of $117.5 million. CSTR also guided earnings and revenues for the fourth quarter higher. The company now sees fourth-quarter earnings of 21 to 27 cents per share versus the consensus estimate of 24 cents. CSTR sees fourth-quarter revenues of $124-131 million, versus the consensus estimate of $119.7 million. This positive news has sent the shares nearly 20 percent higher. The above are just a few of today's Daily Market Blog entries. Click here to read all of today's Daily Market Blog. http://www.schaeffersresearch.com/redirect.aspx?CODE=PROB1C&PAGE=1 . Take advantage of the timely Schaeffer commentaries by signing up for their free e-newsletters -- Opening View, Market Recap and Monday Morning Outlook. Click here to have the Schaeffer's commentaries delivered to you free via email every day. http://www.schaeffersresearch.com/redirect.aspx?CODE=PROB1M&PAGE=1 . About Schaeffer's Investment Research (www.SchaeffersResearch.com) Schaeffer's Investment Research, founded by Bernie Schaeffer in 1981, is a financial information and trading resources company. It publishes Bernie Schaeffer's Option Advisor, the nation's leading options subscription newsletter. The firm's contrarian approach focuses on stocks with technical and fundamental trends that run counter to investor expectations. The firm's website, http://www.SchaeffersResearch.com , is recognized as one of the leading information sources for stock and options traders and was cited as the top options website by both Forbes and Barron's. Click here for more details about Schaeffer's trading methodology: http://www.SchaeffersResearch.com/method . |
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