Schaeffer's Daily Market Blog Features Advanced Micro Devices, Freeport-McMoRan Copper & Gold, PMC-Sierra, Manitowoc Company, and Ford Motor Company.

CINCINNATI -- Among the stocks featured in the January 11 edition of Schaeffer's Market Blog are Advanced Micro Devices (NYSE:AMD), Freeport-McMoRan Copper & Gold (NYSE:FCX), PMC-Sierra (NASDAQ:PMCS), Manitowoc Company (NYSE:MTW), and Ford Motor Company (NYSE:F). Schaeffer's Market Blog 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. The Market Blog is written throughout every trading day by Schaeffer's financial analysts and traders. They are quick insights to the day's most notable market activity from an options perspective. 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=PROB12M&PAGE=1 .

Schaeffer's Market Blog for Wednesday, January 11, 2006:

Below are just a few of today's Market Blog entries. Click here to read all of today's Market Blog. http://www.schaeffersresearch.com/redirect.aspx?CODE=PROB1C&PAGE=1 .

9:38 AM NYSE & NASDAQ New Highs/New Lows with Equity Scorecard

The S&P 500 Index (SPX) snapped a five-day winning streak in Tuesday's trading by losing 0.04 percent. In spite the lackluster session, bulls dominate the annual high to annual low list, 427 to 32, respectively.

Below are the tables with those stocks that achieved new annual highs or lows while sporting an "extreme" Schaeffer's Equity Scorecard rating.

Two stocks on our list, available by visiting our website, are Advanced Micro Devices (NYSE:AMD) and Freeport-McMoRan Copper & Gold (NYSE:FCX).

11:04 AM Puts Trade Actively on PMC-Sierra

Yesterday, puts traded actively on PMC-Sierra (NASDAQ:PMCS), as put volume was 11.3 times heavier than average. More than 7,000 contracts crossed the tape, with the most active being the February 10 strike (SQL NB). Investors exchanged nearly 6,900 SQL NB contracts yesterday. A check on today's open interest configuration reveals that about 5,550 of these contracts translated into new positions of open interest.

A look at overall option activity on PMCS shows that the options crowd has a neutral view of the security. The current Schaeffer's put/call open interest ratio (SOIR) of 0.31 is just about in the middle of all readings taken over the past year. Today, PMCS is trading eight cents higher to $9.46.

11:52 AM Manitowoc Company Guides Higher

According to Yahoo!Finance, Manitowoc Company (NYSE:MTW) engages in the manufacture and sale of cranes, foodservice equipment, and marine equipment worldwide. This morning before the market open, MTW guided its earnings outlook for fiscal 2005 and 2006 higher. The company now sees earnings for 2005 at or above the Reuters Estimates consensus of $2.35 per share. For 2006, MTW sees earnings per share of $3.45-3.75 versus the consensus estimate of $3.48.

This positive earnings revision has sent the stock soaring higher to a new 52-week high. At last check shares of MTW were trading 5.5 percent higher to $58.40 today.

2:03 PM Moody's Downgrades Ford Debt

Moody's Investors Service cut its ratings on Ford Motor Company (NYSE:F) deeper into junk territory Wednesday, saying the automaker may remain under stress through 2007 despite restructuring efforts. Moody's was the third major rating agency to cut F's rating within the past month. Moody's also cut its rating on F's finance arm, Ford Motor Credit, to junk status from investment grade. Moody's attributes the downgrades to loss of profit margins and a slowdown in sales of its large sport utility vehicles. Fierce competition with foreign automakers and high gasoline prices have taken their toll on F in the past year. Going forward, Moody's believes another downgrade might be in the cards if car sales continue to deteriorate.

The above are just a few of today's Daily Market Blog entries. Click here to read all of today's Daily Market Blog. http://www.schaeffersresearch.com/redirect.aspx?CODE=PROB1C&PAGE=1 .

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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 .