Schaeffer's S&P 500 Index Hot Stocks Features E*TRADE Financial, Tenet Healthcare, Charles Schwab, Siebel Systems, and Compuware.CINCINNATI -- Among the stocks featured in the May 9 edition of Schaeffer's S&P 500 Index Hot Stocks are E*TRADE Financial (NYSE NYSE See: New York Stock Exchange :ET), Tenet Healthcare Tenet Healthcare Corporation (THC) is an operating company that owns and operates 57 hospitals in the United States [1]. It is based in Dallas, Texas. Its stock ticker symbol on the New York Stock Exchange is NYSE: THC. (NYSE:THC THC tetrahydrocannabinol. THC n. Tetrahydrocannabinol; a compound that is obtained from cannabis or is made synthetically; it is the primary intoxicant in marijuana and hashish. ), Charles Schwab (NYSE:SCH SCH School SCH Schedule SCH Search SCH Semester Credit Hours SCH Santander Central Hispano (bank in Spain) SCH Socket Head SCH Synchronization Channel SCH Succinylcholine SCH Space Center Houston ), Siebel Systems (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 :SEBL SEBL Siebel Systems, Inc. (stock abbreviation, AMEX) ), and Compuware (NASDAQ:CPWR CPWR Center to Protect Workers' Rights (now Center for Construction Research and Training) CPWR Council for a Parliament of the World's Religions CPWR Coupled Plasma-Waveguide Resonance ). Schaeffer's S&P 500 Index Hot Stocks 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. 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=PRSHS1M&PAGE=1 Schaeffer's S&P 500 Index Hot Stocks for Monday, May 9, 2005: A daily feature available on SchaeffersResearch.com is the "SPX (Sequenced Packet EXchange) The transport layer protocol in the NetWare operating system. Similar to the TCP layer in TCP/IP, it ensures that the entire message arrives intact. SPX uses NetWare's IPX as its delivery mechanism. Hot Stocks" column. Each afternoon, we will provide a list of the day's top-20 performing stocks in the S&P 500 Index (SPX - 1,175.51) as well as the bottom-20 names. Featured along with this table will be news that is moving some of the securities. NOTE: Stocks trading under $5 per share have been eliminated from this listing of the top-20 and bottom-20 performing stocks. Heading into the final hour of trading on the Street, it seems that merger and acquisition news is going to help the market finish higher. This news has helped all of the major indexes inch into positive territory, with the SPX leading the way with a 0.36-percent gain. E*TRADE Financial (NYSE:ET) is receiving a hug, make that a bear hug Bear Hug An offer made by a company to buy the shares of another company that is too high for the board of the target firm to refuse. Notes: If the target company says the merger is okay but they want a higher price, it is called a "teddy bear hug. , from investors today. According to The New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Times ET has sent a "bear-hug" letter to the board of Ameritrade (AMTD AMTD Arithmetic Mean Temperature Difference AMTD Automatic Magnetic Tape Distribution AMTD Affordability and Manufacturing Technology Demonstration ). In the report, the Times cites unidentified executives when noting that ET is ready to open talks with AMTD, but it may signal that it may make an offer directly to AMTD shareholders. Spokeswomen from both companies refused to comment on the report. ET's merger news has had a bit of a ripple effect ripple effect Epidemiology See Signal event. throughout the world of electronic brokers (e-brokers). These e-brokers have been participating in a price war to gain market share and customers, which may lead to deals with competitors resulting in drastic cost cuts. Among the e-brokers specifically named in an article appearing on MarketWatch is Charles Schwab (NYSE:SCH). SCH gets 20 percent of its revenue from trading commissions, and has been indulging in the aforementioned cost cuts in hopes of pushing customers into fee-based products like financial advice and wealth-management services. SCH has been able to gain more than three percent in today's trading action. Tenet Healthcare (NYSE:THC) also finds itself on the smiling side of the charts today, thanks to an increase of more than four percent. This jump follows last week's announcement that its first-quarter loss came in at one cent per share; analysts had expected THC to report a loss of five 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. . Siebel Systems (NASDAQ:SEBL) finds itself drawing the ire of the investing community today. The e-business application software manufacturer lowered its capital expenditures estimate for 2005 from $25 million to $35 million. Originally, SEBL had forecast expenditures of $30 million to $40 million. In its quarterly report files with the Securities and Exchange Commission, filed on Friday, SEBL stated that it plans to continue to "closely monitor" its capital expenditures. SEBL has lost more than two percent in trading action after today's announcement. Today, Compuware (NASDAQ:CPWR) announced that it has signed a definitive agreement with Massachusetts-based Adlex. Adlex specializes in helping large companies manage and evaluate their technology services. CPWR also noted that the deal would close in the near future. The Street is not enthusiastic about this announcement, as investors have ushered CPWR to a loss of slightly more than two percent. Click the following link to see a Chart of the SPX 500 Index's Top-20 Percentage Gainers: http://www.schaeffersresearch.com/wire?ID=13145 . Click the following link to see a Chart of the SPX 500 Index's Top-20 Percentage Losers: http://www.schaeffersresearch.com/wire?ID=13145 . 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=PRSHS1M&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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