Schaeffer's Upon Further Review Highlights the Following Stocks: Boeing, Ford Motor, Netflix, and Sunoco.CINCINNATI -- Today's "Upon Further Review" from Schaeffer's Investment Research focuses on Boeing (NYSE NYSE See: New York Stock Exchange :BA), Ford Motor (NYSE:F), Netflix (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 :NFLX NFLX Netflix (NASDAQ symbol) ), and Sunoco (NYSE:SUN). "Upon Further Review" is a report that analyzes newsworthy news·wor·thy adj. news·wor·thi·er, news·wor·thi·est Of sufficient interest or importance to the public to warrant reporting in the media. news stocks that are generating a lot of attention on Wall Street. "Upon Further Review" is published on www.SchaeffersResearch.com - the home of Bernie Schaeffer and Schaeffer's Investment Research. 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 and get entered to win an iPod Nano A flash-based digital music player from Apple, introduced in 2005. Like larger iPod models, the nano has a color screen. Although the nano name suggests ultra-small "nanotechnology," the iPod shuffle is actually smaller. See iPod. . http://www.schaeffersresearch.com/redirect.aspx?CODE=PRSC PRSC Partido Reformista Social Cristiano (Spanish: Social Christian Reformist Party) PRSC Post-Removal Site Control PRSC Program Resources Steering Council 12M&PAGE=1 . Upon Further Review: Boeing : Boeing (NYSE:BA) has been a little shaken up today as it shuffles through its executives. The company named Scott Carson Scott Paul Carson (born September 3, 1985 in Whitehaven, Cumbria) is an English football goalkeeper, currently playing for Aston Villa of the English Premier League on loan from Liverpool. president and chief executive of Boeing Commercial Airplanes Boeing Commercial Airplanes is a unit of The Boeing Company, based in Renton, Washington consisting of the Seattle-based former Boeing Airplane Company (the civil airliner division), as well as the Long Beach-based Douglas Aircraft division of the former McDonnell Douglas to replace Alan Mulally For the English cricketer, see . Alan Roger Mulally (born August 4, 1945 in Oakland, California) is an American engineer and businessman. He is currently the President and Chief Executive Officer of Ford Motor Company. , who was named chief executive at Ford Motor (NYSE:F). Technically speaking, the shares have fallen back below their 10-day moving average, which in tandem Adv. 1. in tandem - one behind the other; "ride tandem on a bicycle built for two"; "riding horses down the path in tandem" tandem with the stock's 20-day trendlines, has led BA lower since late June. The equity is also battling resistance at its 10-week moving average. The security has logged only one weekly close above this trendline since June. BA currently appears poised to test support at its 20-month moving average in the 70 region. Click the following link to see a Daily Chart of BA since June 2006 with 10-Day and 20-Day Moving Averages: http://www.schaeffersresearch.com/wire?ID=17283 . Netflix : Netflix (NASDAQ:NFLX) has jumped roughly four percent this afternoon following an upgrade from J.P. Morgan to "overweight" from "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: ." The brokerage firm stated that it believes investors are overly concerned about growth risks tied to technology changes. While the stock has marched sharply higher today, it was halted by resistance at its declining 10-week moving average. NFLX has not logged a weekly close above this trendline since mid-May. There is also a chance that the shares will continue to hover close to the 20 mark during the near-term as this is the site of both peak call and put open interest in the September series. The September 20 call currently boasts open interest of 6,100 contracts, with another 1,000 contracts changing hands today. Meanwhile, the September 20 put is home to more than 5,300 contracts, with roughly 1,300 contracts crossing the tape. Click the following link to see a Weekly Chart of NFLX since April 2006 with 10-Week Moving Average: http://www.schaeffersresearch.com/wire?ID=17283 . Sunoco : Oil concern Sunoco (NYSE:SUN) was slapped with a downgrade Downgrade A negative change in the rating of a security. Notes: For example, an analyst may downgrade a stock from strong buy to buy, or a bond rating agency may downgrade a bond from AAA to AA. from Citigroup this morning, moving the security from "buy" to "hold." The news sent the shares below support at the 70 level, which is the site of both former support and resistance for the shares. Furthermore, the equity has drifted below support at its 20-month moving average. The equity has been testing this trendline during the past four months and a breach could signal that the stock has additional downside ahead of it. Meanwhile, put open interest below the shares is extremely light, eliminating any hopes of the stock finding options-related support. Overall, it looks like this SUN may continue to set. Click the following link to see a Daily Chart of SUN since January 2006: http://www.schaeffersresearch.com/wire?ID=17283 . The best way to take advantage of the timely Schaeffer commentaries is to sign up to receive 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 and get entered to win an iPod Nano. http://www.schaeffersresearch.com/redirect.aspx?CODE=PRSC12M&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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