TradingMarkets 7 Stocks You Need To Know For Tuesday

November 28, 2005
Brice Wightman

Stocks snapped a 7-day win streak
with the losses being most severe in the NASDAQ indexes. The slight
losses from early in the session extended throughout the day with only one
sector (Disk Drives) closing higher. Reports on the holiday retail sales numbers
were mixed. Retailers got off to a bright start on Friday but were unable to
sustain that momentum through the weekend.

Energy prices are closed sharply lower. Warm weather across
the northeast US and comments from OPEC that it intends to maintain production
levels helped push prices down. Heating Oil hit a 4-month low.

In economic news, Existing Home Sales fell 2.7% in October to
a rate of 7.09 Mln. units (report).
The decline was larger than forecast.

Go to our
Economic
News section for reports and analysis.

The report sent Treasuries higher and the US Dollar Index
lower. The Dollar had its biggest fall in 7-weeks versus the Euro.

As of today, we are making our

Futures Support and Resistance levels available for free. This information
is can be accessed via the TradingMarkets
Home Page, or from the
Futures

Indicators section.

Now, here are some stocks for tomorrow.

Gamestop
(
GME |
Quote |
Chart |
News |
PowerRating) reports earnings before the open, the consensus is
$0.15.

United Natural Foods
(
UNFI |
Quote |
Chart |
News |
PowerRating) also has earnings before the bell
with the street expecting $0.27.

Chico’s FAS
(
CHS |
Quote |
Chart |
News |
PowerRating) reports earnings after the close. CHS has had an
impressive run-up since bottoming in September when it touched its 200-day MA.
CHS has gained more than 50% since then but the trend looks a little stretched.

TiVo
(
TIVO |
Quote |
Chart |
News |
PowerRating) announced today that it plans to offer the first
television-based advertising search solution in Spring 2006. TIVO will announce
earnings after the close tomorrow.

General Motors
(
GM |
Quote |
Chart |
News |
PowerRating) announced after the close that the company will
delay filling its third quarter 10-Q report.

Starbucks
(
SBUX |
Quote |
Chart |
News |
PowerRating) President and CEO James Donald plans to sell
150,000 shares (less than 5% of his total holding). SBUX has been rising in an
almost parabolic style since mid-September and looks due for a pause.

Chicago Board of Trade
(
BOT |
Quote |
Chart |
News |
PowerRating) fell sharply today but bounced from
the lows set earlier this month. Can this level hold or is BOT on a different
trajectory to CME?