Schaeffer's S&P 500 Index Hot Stocks Features Siebel Systems, Electronic Arts, Cummins, Sunoco, and Humana.CINCINNATI -- Among the stocks featured in the September 12 edition of Schaeffer's S&P 500 Index Hot Stocks are 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) ), Electronic Arts (NASDAQ:ERTS ERTS Electronic Arts, Inc. (stock symbol) ERTS Earth Resources Technology Satellite (US NASA) ERTS Embedded Real Time Systems ERTS Enhanced Remote Transit Shed ), Cummins (NYSE NYSE See: New York Stock Exchange :CMI (Computer-Managed Instruction) Using computers to organize and manage an instructional program for students. It helps create test materials, tracks the results and monitors student progress. ), Sunoco (NYSE:SUN), and Humana (NYSE:HUM). 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, September 12, 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 - 1,241.36) 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. Crude oil's steady drop has done little to cheer major market averages, which are struggling to muster any sort of gains on Monday. With an hour left in the trading day, the SPX is down 0.01 percent after a 0.8-percent rally on Friday pushed the index's 10-day and 20-day trendlines into a bullish crossover. Almost half of the sector's 500 components have managed to travel into positive territory. Merger news is a hot topic today, and Siebel Systems (NASDAQ:SEBL) is the beneficiary of a lot of attention as a result of its acquisition offer from Oracle (ORCL ORCL Oracle (stock symbol) ). The $3.6 billion deal values SEBL at $10.66 per share, or 17 percent above Friday's close. In late-day trading today, SEBL is up nearly 13 percent as excited investors try to get a piece of the action. Video-game manufacturer Electronic Arts (NASDAQ:ERTS) is benefiting from the kindness of Wall Street. Earlier today, an analyst with Wedbush Morgan boosted his rating on the shares to "buy" from "hold" and set a price target of $66, almost 18 percent above Friday's close. The covering analyst cited strong sales results for "Madden NFL 2006" and "NCAA NCAA abbr. National Collegiate Athletic Association Football 2006," as well as good retail sales overall. The shares have surged 5.6 percent in response, hurdling their 10-day and 20-day moving averages as a result. Cummins Engine (NYSE:CMI) has spiked more than five percent to a new annual high today, without any notable news to account for the move. On Friday, Lehman Brothers initiated coverage on the stock with an "underweight Underweight An situation where a portfolio does not hold a sufficient amount of securities to satisfy the accepted benchmark of the portfolio's asset allocation strategy. Notes: " designation. Last week, on a technical basis, the shares were able to press through short-term resistance at the 86 level. The biggest loser in today's market is a stock that not only violates our normal practice of excluding stocks trading under $5 per share, but it is now trading under $1 per share. For more information on Delta Air Lines (DAL), and why it is trading more than 17 percent lower this afternoon, I direct your attention to Joseph Hargett's Options Update (http://www.schaeffersresearch.com/commentary/observations.aspx?click= home&ID=14104). (Due to its length, this URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) Oil is the big story in the cellar today, as 16 of the 20 worst-performing names on the SPX come from the energy and energy-services groups. Our resident math whiz, Mark Fightmaster, will have you know that's four-fifths of the names on the losing "hot stocks" list. As the Gulf of Mexico Noun 1. Gulf of Mexico - an arm of the Atlantic to the south of the United States and to the east of Mexico Golfo de Mexico Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa on the east continues to dig out to depart; to leave, esp. hastily; decamp. See also: Dig from Hurricane Katrina, oil prices may continue to retreat, spurring more selling in the commodities pits like we've seen today. Among the worst off in today's trading are Sunoco (NYSE:SUN), Halliburton (HAL Hal: see Halle, Belgium. hal In Sufism, a state of mind reached from time to time by mystics during their journey toward God. The ahwal (plural of hal) are God-given graces that appear when a soul is purified of its attachments to the material world. ), and Amerada Hess (AHC AHC Appalachian Hardwood Center AHC American Heritage Center (University of Wyoming, Laramie, WY) AHC American Horse Council AHC Association for History and Computing AHC Australian Heritage Commission AHC Assault Helicopter Company ). Insurance concern Humana (NYSE:HUM) is down more than two percent after reaffirming its 2005 earnings per share guidance of $2.23 to $2.25 and noting it targets per-share earnings of $2.80 for 2006. The company did say that this guidance excludes any impact from Hurricane Katrina, because the net financial impact can not yet be measured (so what, exactly, is the point?) Click the following link to see a Chart of the SPX 500 Index's Top-20 Percentage Gainers: http://www.schaeffersresearch.com/wire?ID=14110 . Click the following link to see a Chart of the SPX 500 Index's Top-20 Percentage Losers: http://www.schaeffersresearch.com/wire?ID=14110 . 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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