Schaeffer's Daily Market Blog Features Hewlett-Packard, Cisco Systems, aQuantive, Moody's, and Sharper Image.CINCINNATI -- Among the stocks featured in the November 18 edition of Schaeffer's Market Blog are Hewlett-Packard (NYSE NYSE See: New York Stock Exchange :HPQ HPQ Hewlett-Packard Corporation (NYSE) HPQ High Priority Queue ), Cisco 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 :CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer ), aQuantive (NASDAQ:AQNT), Moody's (NYSE:MCO MCO Managed care organization, see there ), and Sharper Image (NASDAQ:SHRP SHRP School of Health Related Professions SHRP Strategic Highway Research Program SHRP Society for Human Resource Professionals SHRP Small Habitat Restoration Program SHRP Scientific Human Resources Board ). 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=PROB PROB Probable/Probably PROB Problem PROB People's Republic of Bangladesh 11M&PAGE=1 . Schaeffer's Market Blog for Friday, November 18, 2005: 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 . 11:17 AM Hewlett-Packard Up on Positive Earnings Result, Guidance Last night after the market close, Hewlett-Packard (NYSE:HPQ) reported fourth-quarter earnings of 51 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. , a nickel ahead of analyst estimates. Company revenues increased 7.1-percent year-over-year to $22.9 billion, ahead of the consensus estimate of $22.8 billion. HPQ also issued upside earnings guidance for both the first quarter and for fiscal 2006. I wrote about HPQ in the Daily Market Blog this past Monday. I discussed the downgrade by Sanford Berstein and concluded that HPQ looked like an attractive contrarian play based on its strong Schaeffer's Equity Scorecard rating. The positive earnings news has helped HPQ push higher this morning. Market players should keep a close eye on the stock to see if it is able to hold above resistance at the 29 level. 10:50 AM Cisco Systems: A Perfect "Zero" Shares of Cisco Systems (NASDAQ:CSCO) are on the move this morning, as the company agreed to acquire Scientific-Atlanta (SFA See sales force automation. SFA - Sales Force Automation ) for $6.9 billion, or $43 per share. A look at CSCO from our Expectational Analysis(R) perspective reveals a bleak outlook for the shares. Technically speaking, shares of CSCO have been trending lower since mid-January 2004. The stock has shed more than 11 percent over the past 52 weeks. Despite this lackluster performance, investors view CSCO in a positive light. Option players are particularly hopeful, as the current Schaeffer's put/call open interest ratio (SOIR SOIR Schaeffer's Put/Call Open Interest Ratio SOIR Simultaneous Operations on Intersecting Runways ) of 0.47 is lower than 70 percent of all readings taken over the past year. Short sellers have not made big bets against the stock, either. CSCO currently sports a short-interest ratio short-interest ratio A ratio that is used for market analysis and is calculated by dividing short interest by average daily volume. Technicians use the short-interest ratio as a tool to determine market direction. of less than one day. Financial analysts hold the security in high regard. According to Zacks, there are currently 19 "buy" ratings, seven "hold" ratings, and no "sell" ratings on CSCO. This combination of sanguine sentiment in the midst Adv. 1. in the midst - the middle or central part or point; "in the midst of the forest"; "could he walk out in the midst of his piece?" midmost of weak price action earns CSCO a rating of 0.0 on our proprietary Schaeffer's Equity Scorecard. 10:43 AM NYSE & NASDAQ New Highs/New Lows With Schaeffer's Equity Scorecard With the Dow Jones Industrial Average Dow Jones Industrial Average The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange. (DJIA DJIA See Dow Jones Industrial Averager (DJIA). ) gaining 45 points and the Nasdaq Composite 32 points in Thursday's trading, the number of new annual highs outpaced the number of new annual lows. There were 256 new highs achieved in Thursday's session which was slightly higher than the 215 new lows. In the Daily Market Blog at SchaeffersResearch.com we list more than 40 stock picks today that are achieving new annual highs or new annual lows while sporting an "extreme" Schaeffer's Equity Scorecard reading. For a bullish pick, you could do worse than look at aQuantive (NASDAQ:AQNT) or Moody's (NYSE:MCO), both of which have a scorecard reading of 9.0 out of 10. Sharper Image (NASDAQ:SHRP) presents opportunities for the bears, sporting a scorecard reading of just 1.0 out of 10. For more information on these stocks or any stock in your portfolio, feel free to visit our Schaeffer's Equity Scorecard at SchaeffersResearch.com. Also, for more information on what makes up these scores, or if you want more filters and screens, take a 30-day trial to our Schaeffer's Gold. 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 . 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=PROB11M&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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