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Schaeffer's S&P 500 Index Hot Stocks Features Dana, Xilinx, General Motors, Jefferson-Pilot, and TJX Companies.

CINCINNATI -- Among the stocks featured in the October 10 edition of Schaeffer's S&P 500 Index Hot Stocks are Dana (NYSE:DCN), Xilinx (NASDAQ:XLNX), General Motors (NYSE:GM), Jefferson-Pilot (NYSE:JP), and TJX Companies (NYSE:TJX). 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=PRSHS1M&PAGE=1 .

Schaeffer's S&P 500 Index Hot Stocks for Monday, October 10, 2005:

A daily feature available on SchaeffersResearch.com is the "SPX 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 - 1,187.62) 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.

It's a fairly crummy day in the market neighborhood today, with major market averages returning to their losing ways. The Columbus-Day holiday has put a slight damper on the session's volume, technology sectors and automobile issues are dragging the indices lower. At around 2:30 p.m. Eastern Time, only about 20 percent of the SPX's 500 components were higher on the day. The index itself was off 0.69 percent and preparing, possibly, for its first daily close beneath the 1,190 mark since May 20.

Delphi Corporation (DPH) is certainly bringing up the rear today, down more than 60 percent to a new all-time low after this weekend's declaration of Chapter 11 bankruptcy filing. As the stock is considerably (ahem) below the five-dollar threshold, it doesn't qualify for our "Hot Stocks" tables. But the equity's price will be a moot point as of today's close; Standard & Poor's is replacing it in the SPX with dental-services issue, Patterson Companies (PDCO) . For more information on DPH, refer to Jocelynn Drake's Option Update (www.schaeffersresearch.com/commentary/observations.aspx?ID=14332) from earlier today.

Since the majority of SPX stocks are in the red, let's start with the biggest losers (no, I'm not talking about the oddly poignant weight-loss reality program). Giving DPH a run for its money in terms of losses today is fellow auto-parts retailer Dana (NYSE:DCN) . The company said earlier today that it would restate its financial results for all of 2004 and the first half of 2005 (six quarters' worth of information) because the company failed to properly correct various transactions issues, including customer pricing and deals with commercial-vehicle suppliers. The firm also indefinitely postponed its third-quarter earnings announcement, which had been scheduled for October 19. The stock has given back more than a third of its value today, and has not surprisingly reached a new annual low in the process.

Why is the semiconductor market so blue? Chalk it up to Xilinx (NASDAQ:XLNX) , which is down more than 15 percent after lowering its revenue outlook for its second quarter. The logic-chip concern said it expects sales to recoil between one and two percent from first-quarter levels. Previously, XLNX officials had projected sales growth between breakeven and a four-percent rise. This number puts revenue around $397.3 million to $401.35 million, compared with analysts' expectations of $415.3 million. The company blamed this shortcoming on lower-than-expected sales for mainstream products, along with other factors.

Most stocks in the automotive and auto-parts sectors are dropping in sympathy with DPH and DCN. Most affected is Goodyear Tire & Rubber (GT) , which has dropped almost nine percent with no news of its own to spur the decline. General Motors (NYSE:GM) has pulled almost eight percent lower itself, and Cooper Tire & Rubber (CTB) has given back nearly four percent on the day, notching a new annual low as a result.

Moving to the sunny side of the street, insurance company Jefferson Pilot (NYSE:JP) has gained more than six percent to a new 12-month high after announcing merger plans with Lincoln National (LNC) . The cash-and-stock deal, worth $7.5 billion, values JP shares at an 11-percent premium over the stock's average close during the past month. The combined firm will enjoy a resultant market capitalization of $16 billion, placing it among the top-four life insurance companies in the country, LNC officials noted. Acquiring company LNC is currently lower by about two percent.

Prudential boosted TJX Companies (NYSE:TJX) to an "overweight" reading this morning from a "neutral." The brokerage noted that the firm could benefit from a restructuring program, or changes implemented from its new management team. TJX shares have risen more than three percent on the heels of this upgrade. Family Dollar (FDO) , which has issued no news of its own, could be piggy-backing on the kind words tossed the way of its discount-retailing peer. FDO shares have rallied nearly four percent today, overtaking intermediate-term resistance at their 10-week moving average.

Click the following link to see a Chart of the SPX 500 Index's Top-20 Percentage Gainers: http://www.schaeffersresearch.com/wire?ID=14336 .

Click the following link to see a Chart of the SPX 500 Index's Top-20 Percentage Losers: http://www.schaeffersresearch.com/wire?ID=14336 .

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=PRSHS1M&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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Date:Oct 10, 2005
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