I have written a previous post about having the child retell a story (with the focus on identifying the features of a book such as the setting, the characters and the sequence of the events e.g. 1st, middle, and last parts of the story).
Lately my students have been reading longer stories. After the 2nd reading of the book, l may have the student read most of the story and then have him / her retell the rest of the it. This serves 2 purposes. One is to move the lesson along (i.e. spend time on other reading and writing tasks) and the other is to encourage their oral language.
As the student retells the end of the book he / she has to think about the story and put what will happen next in his / her own words. This is a way of checking the vocabulary and sentence structure that the student is using. The student has to understand the words within the story to be able to describe the events / feelings of the characters / and the cause and effect of what happened. The student also has to put the words into sentences that make sense. This is a very valuable part of the lesson.
Sometimes you might like to stop the reading before the end of the book and have your child tell you the remainder of the story. He / she can still look at the pictures. Notice how he / she puts the words together. Does it make sense and sound right? Is he /she using describing words like tiny, enormous, beautiful? Are some of the sentences your child says as long as the ones in the book or just very simple ones? Don’t forget to ask questions to have your child do even more talking. It is all very helpful.