TradingMarkets’ 7 Stocks You Need To Know About For Thursday

September 21, 2005
TradingMarkets Editors

Stocks fell sharply again
Wednesday as Rita gathers strength in the Gulf and traders fearing further
devastation. Â Rita was upgraded to a
Category 5 hurricane.Â It was the third consecutive loss for the indices,
with the Dow closing below its 200-day moving average for a second day in a row
and the SPX making a three-week low. Traders are also digesting yesterday’s Fed
comments; many had hoped for a softer approach regarding interest rates.

Retailers were weak after Avon
(
AVP |
Quote |
Chart |
News |
PowerRating)
guided lower. Wal-Mart saw its lowest close since 1999. Airlines
were also sharply lower on the prospect of

higher fuel prices, reaching a new 2-year low.

Now, here are a few stocks to watch for Thursday:

KB Homes
(
KBH |
Quote |
Chart |
News |
PowerRating) is expected to report
$2.39 before the open.

General Mills
(
GIS |
Quote |
Chart |
News |
PowerRating) is expected to
report 0.56, also before the open.

Sears Holdings
(
SHLD |
Quote |
Chart |
News |
PowerRating) is hitting the
127% Fib extension on this weekly chart. Retail has been very weak of late.