Schaeffer's S&P 500 Index Hot Stocks Features Bausch & Lomb, Gilead Sciences, ProLogis, Phelps Dodge, and Freeport McMoRan.CINCINNATI -- Among the stocks featured in the May 15 edition of Schaeffer's S&P 500 Index Hot Stocks are Bausch & Lomb (NYSE NYSE See: New York Stock Exchange :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 ), Gilead Sciences Gilead Sciences NASDAQ: GILD is a biopharmaceutical company that discovers, develops and commercializes therapeutics to advance the care of patients suffering from life-threatening diseases. (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 :GILD), ProLogis (NYSE:PLD (Programmable Logic Device) Refers to a variety of logic chips that are programmable at the customer's site, the customer being the vendor of the finished chip, not the end user. ), Phelps Dodge Phelps Dodge Corporation is a former United States company founded in 1834 by Anson Greene Phelps and William E. Dodge. On March 19, 2007, it was acquired by Freeport-McMoRan and now operates under the name Freeport-McMoRan Copper & Gold Inc. (NYSE:PD), and Freeport McMoRan (NYSE:FCX FCX French Connexion (gaming site) FCX Freeport-McMoran Copper & Gold Inc (stock symbol) FCX Fuel Cell Experiment (Honda) FCX Fire Coordination Exercise FCX Fire Control Exercise ). Schaeffer's S&P 500 Index Hot Stocks 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. 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 Monday, May 15, 2006: 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 - 1,288.90) 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. The SPX has slipped 0.18 percent so far this afternoon, but the index is trying to fight its way higher amidst a sharp drop in oil prices and a sell off in metals. This news has had little effect on inflation and interest-rate concerns. Heading into the final hour of trading, the 46 percent of SPX components are in negative territory. Paving the way higher this afternoon is Bausch & Lomb (NYSE:BOL). The vision company moved more than 11 percent higher after announcing that it is conducting a permanent worldwide recall of its ReNu with MoistureLoc contact lens contact lens, thin plastic lens worn between the eye and eyelid that may be used instead of eyeglasses. Actors, models, and others wear them for appearance, and athletes use them for safety and convenience. solution. BOL is pulling the solution on concerns that it may be triggering a rare type of eye infection known as Fusarium Fusarium a genus of fungi; some species are plant pathogens and some are opportunistic infectious agents of humans and animals. Many also produce trichothecene toxins which cause poisoning of animals if the infected material, usually stored feed, is eaten. keratitis keratitis Inflammation of the cornea (see eye). The conjunctiva may also be inflamed (keratoconjunctivitis). Depending on the cause, including dryness of the eye (from low tear production or inability to close the eye), chemical or physical injury, or certain . The company's chief exec stated that, after extensive testing, the company concluded that some "peculiarity" in the solution's formula may be allowing the infections to occur. Moving on up with BOL this afternoon is Gilead Sciences (NASDAQ:GILD). The pharmaceutical firm jumped more than three percent after receiving an upgrade to "buy" from "neutral" at Banc of America. Another stock on the move higher is ProLogis (NYSE:PLD). The company is rallying after announcing today that its ProLogis Japan Properties Fund II has agreed to acquire two buildings outside Tokyo. The two industrial structures will be purchased in separate transactions and hold a combined investment of roughly $75 million. Let's just say that it is a bad day to be a commodity-related stock. Gold dropped $26.80 per ounce to finish the day at $685 an ounce. The precious metal fell as far as $679 an ounce, its lowest level since May 8. Since hitting an intraday Intraday Another way of saying "within the day." Notes: This term is often used for the new highs and lows of a security. For example, "a new intraday high" means a security reached a new all-time high throughout the trading day, but then fell by closing. high of $732 on Friday, gold has shed $47 an ounce. A rising dollar hurt the commodity. Against this backdrop, two metal-related companies are at the bottom of the hot stocks list. Phelps Dodge (NYSE:PD) dropped more than seven percent to find the bottom of the list, while Freeport McMoRan (NYSE:FCX) shed roughly seven percent to find the second-lowest spot. Click the following link to see a Chart of the SPX 500 Index's Top-20 Percentage Gainers: http://www.schaeffersresearch.com/wire?ID=15616 Click the following link to see a Chart of the SPX 500 Index's Top-20 Percentage Losers: http://www.schaeffersresearch.com/wire?ID=15616 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. |
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