Schaeffer's S&P 500 Index Hot Stocks Features Forest Laboratories, Electronic Arts, D.R. Horton, Pulte Homes, and K.B. Home.CINCINNATI -- Among the stocks featured in the July 14 edition of Schaeffer's S&P 500 Index Hot Stocks are Forest Laboratories (NYSE NYSE See: New York Stock Exchange :FRX FRX Frame Relay Exchange (provides backbone connectivity for HUB sites) FRX Frequently Repeated Line FRX Fox Pro Report ), Electronic Arts (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 :ERTS ERTS Electronic Arts, Inc. (stock symbol) ERTS Earth Resources Technology Satellite (US NASA) ERTS Embedded Real Time Systems ERTS Enhanced Remote Transit Shed ), D.R. Horton (NYSE:DHI DHI see dairy herd improvement. ), Pulte Homes (NYSE:PHM), and K.B. Home (NYSE:KBH KBH København (Danish: Copenhagen) KBH Katonai Biztonsági Hivatal (Military Security Office, Hungary; since 1989) KBH Kicked By Horse KBH Ka'anpali Beach Hotel (Maui, HI) ). Schaeffer's S&P 500 Index Hot Stocks is just one of the many free market commentaries written every day 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=PRSHS12M&PAGE=1 Schaeffer's S&P 500 Index Hot Stocks for Friday, July 14, 2006: 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 - 1,232.90) as well as the bottom-20 names. Featured along with this table will be news that is moving some of the securities, including a look at Forest Laboratories. NOTE: Stocks trading under $5 per share have been eliminated from this listing of the top-20 and bottom-20 performing stocks. The SPX was down 0.76 percent at last check, and only 97 of the 500 components of the index were ahead. Screens are awash with red, and the three major indices are down for the third straight day. Forest Laboratories (NYSE:FRX) received some good news today. The equity climbed as much as 17 percent higher after a federal judge upheld a U.S. patent on FRX's Lexapro, a prescription treatment for depression. The patent expires in March 2012, and the judge ruled that it would be infringed by a proposed generic version from Teva Pharmaceutical Industries Teva Pharmaceutical Industries Ltd. (Hebrew: טבע תעשיות פרמצבטיות בע"מ), NASDAQ: TEVA is an international pharmaceutical company headquartered in (TEVA). Mark Fightmaster covers FRX in more detail in today's edition of Options Update. Electronic Arts (NASDAQ:ERTS) featured here yesterday, on news of a number of new game titles including offerings linked to The Lord of the Rings, Harry Potter, NFL football, The Godfather, and golfer Tiger Woods. Wall Street appears to like the news, although ERTS has struggled lately, pulling back 38 percent from a March 2005 high at $71.16. The stock added more than two percent yesterday despite market weakness, and it was up almost four percent today when we grabbed out figures for this piece. On the downside On the Downside is an EP by the San Diego, California band Counterfit, released by Alphabet Records in 2000. It was the band's first EP, recorded shortly after the members had relocated to San Diego from Fairfield County, Connecticut. D.R. Horton (NYSE:DHI), Pulte Homes (NYSE:PHM), and K.B. Home (NYSE:KBH). DHI gapped lower this morning after cutting its 2006 earnings outlook, and you can read an analysis of the stock in today's edition of Jocelynn Drake's Upon Further Review. AG Edward reiterated DHI at "buy" this morning, yet the stock is the worst-performing member of the SPX today. Your mileage may vary Your mileage may vary - (Standard disclaimer attached to EPA mileage ratings by American car manufacturers) A ritual warning often found in Unix freeware distributions and elsewhere. Translates roughly as "Hey, I tried to write this portably, but who *knows* what'll happen on your system?" , but I'm still bearish on the housing sector. Finally, metals specialist Allegheny Technologies (ATI) was downgraded this morning to "neutral" from "buy" at Longbow longbow Leading missile weapon of the English from the 14th century into the 16th century. Probably of Welsh origin, it was usually 6 ft (2 m) tall and shot arrows more than a yard long. . The brokerage cited slackening demand for titanium. At last check, the stock was down almost six 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=16421 Click the following link to see a Chart of the SPX 500 Index's Top-20 Percentage Losers: http://www.schaeffersresearch.com/wire?ID=16421 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=PRSHS12M&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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