Schaeffer's S&P 500 Index Hot Stocks Features Micron Technology, Parametric Technology, Unisys, Apple Computer, and Nordstrom.

CINCINNATI -- Among the stocks featured in the February 6 edition of Schaeffer's S&P 500 Index Hot Stocks are Micron Technology (NYSE:MU), Parametric Technology (NASDAQ:PMTC), Unisys (NYSE:UIS), Apple Computer (NASDAQ:AAPL), and Nordstrom (NYSE:JWN). 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=PRSHS12M&PAGE=1 .

Schaeffer's S&P 500 Index Hot Stocks for Monday, February 6, 2006:

A daily feature available on SchaeffersResearch.com is the "SPX 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 - 1,263.25) 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.

The three major indices are not moving very far today. The SPX was 0.06 percent lower last time I looked. Marketwatch quoted one analyst, who said that the market was "nervous." Of the 500 SPX components, 256 (51 percent) have advanced.

News came out this morning that Citigroup raised its rating on chipmaker Micron Technology (NYSE:MU) to "buy" from "hold." The stock gapped up and it showed a gain of more than five percent at last check. The company revealed a new product today, a one-quarter inch, 2-megapixel image sensor for design into mainstream camera phones, "enabling these phones to capture richer, higher-quality digital pictures."

Parametric Technology (NASDAQ:PMTC) was upgraded to "outperform" from "peer perform" today, prompting the stock to gap higher. The company, based in Massachusetts, makes computer-aided design systems used, according to Hoover's, to design anything from Jumbo jets to dollhouses.

Unisys (NYSE:UIS) announced today that the NASA Langley Research Center in Hampton, Virginia, has awarded the company a contract worth up to $49.2 million for "Simulation and Flight Information Technology Services." The stock was up nearly four percent at last check, prompting me to take a look at the chart. Although UIS has been in a downtrend since December 2003, it found support at the five level in October, on high volume, and last month it took out the resistance of its powerful 10-month moving average. That trendline has been supportive so far this month, which moves me to watch this stock. To find the last close above the 10-month trendline we have to go back to March 2004.

Turning to the downside... Apple Computer (NASDAQ:AAPL) is "going through one of its lull periods," says analyst Shaw Wu of American Technology Research. From an intraday high of 86.40 set on January 12, the stock had moved as low as 66.81 at last check today, a loss of more than 22 percent. A negative article in The New York Times this weekend might serve to depress the price further. AAPL is one to watch just now, especially if folks on the Street decide it's oversold.

Nordstrom (NYSE:JWN) received a downgrade this morning from Piper Jaffray. The broker shifted its rating on the stock to "market perform" from "outperform," and the stock gapped lower. It found support at its 20-day moving average, and at the 41 level. It stood at 41.04 at last check, and I notice that it is still in a very pronounced long-term uptrend on the support of its 10-week moving average. That trendline is currently just below the 39.5 level, and a pullback to this region might present a very nice entry point if you like the stock.

And finally, Kohl's (KSS) was reiterated at "outperform" by Piper Jaffray today. The company reported a two-percent rise in same-store sales last Thursday, and said it was comfortable with Wall Street's consensus estimate for $1.07 per share for fourth-quarter earnings. Nevertheless, the stock has been trending down since last July, and it was down another 2.5 percent when I checked today.

Click the following link to see a Chart of the SPX 500 Index's Top-20 Percentage Gainers: http://www.schaeffersresearch.com/wire?ID=15221 .

Click the following link to see a Chart of the SPX 500 Index's Top-20 Percentage Losers: http://www.schaeffersresearch.com/wire?ID=15221 .

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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 .