Schaeffer's Daily Market Blog Features Red Hat, Teva Pharmaceuticals, Flextronics, FPL Group, and Constellation Energy Group.CINCINNATI -- Among the stocks featured in the December 19 edition of Schaeffer's Market Blog are Red Hat (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 :RHAT RHAT Red Hat (stock symbol) RHAT Rainwater Harvesting Association of Tanzania RHAT Register Hba Attributes ), Teva Pharmaceuticals (NASDAQ:TEVA), Flextronics (NASDAQ:FLEX), FPL Group (NYSE NYSE See: New York Stock Exchange :FPL), and Constellation Energy Constellation Energy (NYSE: CEG), headquartered in Baltimore, Maryland, generates, trades, supplies, and distributes energy. The company operates over 35 power plants in 11 states (mainly Maryland, Pennsylvania, New York, West Virginia, and California) under its operating Group (NYSE:CEG (Continuous Edge Graphics) A VGA RAMDAC chip from Edsun Labs that adds anti-aliasing on the fly. It can also calculate intermediate shades, thus providing thousands of colors on an 8-bit board that normally generates only 256 colors. ). Schaeffer's Market Blog is just one of the many free market commentaries written every day at www.SchaeffersResearch.com - the home of Bernie Schaeffer and Schaeffer's Investment Research. The Market Blog is written throughout every trading day In Business, the trading day is the time span that a particular stock exchange is open. For example, the New York Stock Exchange is, as of 2006, open from 09:30AM to 4:00PM. Trading days never take place on weekends. 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 12M&PAGE=1 . Schaeffer's Market Blog for Monday, December 19, 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 . 9:41 AM NYSE & NASDAQ New Highs/New Lows With Equity Scorecard The bullish winds continue to prevail, as we saw the S&P 500 Index (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. ) rally off of its 20-day moving average and through the 1265 - 1270 region last week. This area has been acting as resistance through much of December for the SPX. It will be important for this region to now act as support on any pullbacks on the SPX. In Friday's trading, the number of new annual highs outpaced the number of new lows 220 to 125. Two of the stocks that made our list today are Red Hat (NASDAQ:RHAT) and Teva Pharmaceuticals (NASDAQ:TEVA). 11:12 AM Flextronics Upgraded at Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. This morning before the market open, Morgan Stanley upgraded shares of Flextronics (NASDAQ:FLEX) from "equal-weight" to "overweight." The firm believes that recent concerns over market share loss seem to be overstressed. The financial analyst community has a moderate view of FLEX. There are now 11 "buy" ratings, 10 "hold" ratings, and no "sell" ratings on FLEX, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Zacks. 11:24 AM FPL Group to Acquire Constellation Energy Group This morning, FPL Group (NYSE:FPL) announced its plans to acquire Constellation Energy Group (NYSE:CEG) in a stock deal valued at more than $11 billion. This acquisition creates one of the nation's biggest electricity conglomerates. The new company will be called Constellation Energy and will have a market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. of approximately $28 billion. Both FPL and CEG have outperformed the broad market, as measured by the S&P 500 Index, over the past 52-weeks. The securities each garner about average ratings on our proprietary Schaeffer's Equity Scorecard. FPL scores a 5.0 and CEG rates a 6.0 on a scale from 0 through 10. Technically speaking, shares of FLEX ridden the support of their 10-day moving average higher since mid-November. Today, FLEX is trading two percent higher on the analyst upgrade. 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=PROB12M&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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