Schaeffer's S&P 500 Index Hot Stocks Features Alcoa, Valero, Marathon, Bausch & Lomb and AutoZone.CINCINNATI -- Among the stocks featured in the April 11 edition of Schaeffer's S&P 500 Index Hot Stocks are Alcoa (NYSE NYSE See: New York Stock Exchange :AA), Valero (NYSE:VLO VLO Valero Energy (stock symbol) VLO Very Low Observable VLO Landing Gear Operation Speed (aviation) VLO Ventro-lateral orbital (area of the brain) ), Marathon (NYSE:MRO MRO In currencies, this is the abbreviation for the Mauritanian Ouguiya. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ), Bausch & Lomb (NYSE:BOL BOL Bolivia (ISO Country code) BOL Books Online BOL Bole (SIL code, Nigeria) BOL Bill Of Lading BOL Beginning Of Line BOL Best Of Luck BOL Buzz Out Loud BOL Bruin Online BOL Beginning Of Life ) and AutoZone (NYSE:AZO). Schaeffer's S&P 500 Index Hot Stocks 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. 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=PRSHS12M&PAGE=1 . Schaeffer's S&P 500 Index Hot Stocks for Tuesday, April 11, 2006: Oil Stocks Surge Higher 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 - 1,287.24) 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. After a modest start to the day, the S&P 500 Index (SPX) turned down in mid-morning trading, and the index had shed 0.72 percent at last check, with only 78 of the 500 members of the SPX showing gains. The earnings season kicked off yesterday with Alcoa's (NYSE:AA) after-hours earnings report. The company posted first-quarter earnings from continuing operations continuing operations Parts of a business that are expected to be maintained as an ongoing segment of an overall business operation. Income and losses from continuing operations are reported separately if any segments have been discontinued during the of 70 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. , demolishing the Street's expected 51 cents per share and marking AA's largest quarterly profit in the company's history. In the quarter, AA's revenue came in at $7.24 billion, besting the consensus estimate for $7.21 billion. Today, the stock gapped higher to levels last seen a year ago. However, there appears to be some resistance at 35. Watch for a break above 35 as a sign of strength. A great many energy-related stocks are near the top of the SPX today, as concerns regarding oil supplies and prices continue to dominate thinking on Wall Street. While many of these stocks are moving back in the direction of recent all-time highs, Valero (NYSE: VLO) and Marathon (NYSE:MRO) actually hit fresh all-time highs this morning. Turning to the downside, Bausch & Lomb (NYSE:BOL) announced that it is temporarily suspending U.S. shipments of ReNu with MoistureLoc produced at its plant in Greenville, South Carolina
Greenville is a mid-sized city located in the upstate of South Carolina. It is the county seat of Greenville CountyGR6 . The shutdown was prompted by news from the Food and Drug Administration (FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. ) that it has learned of a "rare but serious eye infection" called fungal keratitis A fungal keratitis is an 'inflammation of the eye's cornea' (called keratitis) that results from infection by a fungal organism. Keratomycosis is the latin terminology equivalent of fungal keratitis - it is the fungal infection of the cornea, the anterior part of , in people wearing soft contact lenses contact lenses contact npl → verres mpl de contact contact lenses contact npl → Kontaktlinsen pl contact lenses npl . BOL hopes that its action will facilitate further investigation. The stock was down 17.24 percent when we grabbed our figures. Mark Fightmaster analyzed this stock today in Street Chatter (http://www.schaeffersresearch.com/commentary/observations.aspx ?click=home&ID=15767). (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.) In a press release today, the National Senior Games Association (NSGA NSGA National Sporting Goods Association NSGA National Senior Games Association NSGA Naval Security Group Activity NSGA Non-Dominated Sorting Genetic Algorithm NSGA Nova Scotia-Gambia Association NSGA Nova Scotia Golf Association (Canada) ) and Humana (HUM) announced a six-year partnership in which HUM will be the Presenting Sponsor of NSGA's premier event, the Summer National Senior Games - The Senior Olympics
Senior Olympics is a sports competition for seniors from North America (United States and Canada). . The release explained that the NSGA projects more than 12,000 athletes will participate in the 2007 Games in Louisville, Kentucky from June 22-July 8. And finally... shares in AutoZone (NYSE:AZO) were down almost 3.5 percent when we grabbed our figures, making AZO the second-poorest performer on the SPX today. There's no news on the wires. The falls are simply due to a knock-on effect of rising oil prices. I'm never quite convinced by the argument that higher gas prices mean that people wear out their vehicles more slowly. I think AZO might recover sooner than the Street expects. I just played a paper trade on an April 95 call (AZO DS) to test my theory. Remember that paper trading is a very valuable exercise, and you can find the prices you need right here at SchaeffersResearch.com. Click the following link to see a Chart of the SPX 500 Index's Top-20 Percentage Gainers: http://www.schaeffersresearch.com/wire?ID=15775 . Click the following link to see a Chart of the SPX 500 Index's Top-20 Percentage Losers: http://www.schaeffersresearch.com/wire?ID=15775 . 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=PRSHS12M&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 . |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion