MORNING UPDATE: PriceWatch Alerts for MO and More... for 2011-12-09 |
| ------------------------------------------------------------------ MORNING UPDATE: PriceWatch Alerts for MO, DTV, COP, and More... December 9, 8:30 AM EST - Before the open... PriceWatch Alerts for MO, DTV, STX, GG, CBG, COP, AMX, TSO, DHI, and STJ, Market Overview, News Leaders and Laggards, Today's Economic Calendar, and Index Support & Resistance Levels. New PriceWatch Alerts for MO, DTV, STX, GG, CBG, COP, AMX, TSO, DHI, and STJ PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS-------------- -- Altria Group Inc. (NYSE: MO) Last Price 28.53 - JUN 29.00 CALL OPTION@ $1.04 -> 5.5% Return (10.6% Annualized) assigned* -- DIRECTV, Inc. (Nasdaq: DTV) Last Price 45.43 - MAR 45.00 CALL OPTION@ $3.05 -> 6.2% Return (22.8% Annualized) assigned* -- Seagate Technology PLC (Nasdaq: STX) Last Price 15.70 - MAR 15.00 CALL OPTION@ $2.01 -> 9.6% Return (35.3% Annualized) assigned* -- Goldcorp Inc. (NYSE: GG) Last Price 50.40 - JAN 50.00 CALL OPTION@ $2.93 -> 5.3% Return (45.2% Annualized) assigned* -- CBRE Group, Inc (NYSE: CBG) Last Price 15.06 - JAN 15.00 CALL OPTION@ $1.20 -> 8.2% Return (69.8% Annualized) assigned* -- ConocoPhillips (NYSE: COP) Last Price 71.02 - FEB 70.00 CALL OPTION@ $4.00 -> 4.4% Return (22.9% Annualized) assigned* -- America Movil S.A.B. de C.V. (NYSE: AMX) Last Price 22.62 - FEB 22.50 CALL OPTION@ $1.55 -> 6.8% Return (34.9% Annualized) assigned* -- Tesoro Corporation (NYSE: TSO) Last Price 21.68 - JAN 21.00 CALL OPTION@ $2.05 -> 7.0% Return (59.2% Annualized) assigned* -- DR Horton Inc. (NYSE: DHI) Last Price 12.23 - MAY 12.00 CALL OPTION@ $1.57 -> 12.6% Return (28.3% Annualized) assigned* -- St. Jude Medical Inc. (NYSE: STJ) Last Price 35.83 - APR 35.00 CALL OPTION@ $3.40 -> 7.9% Return (21.6% Annualized) assigned* *Annualized returns are shown for comparison purposes only What exactly is a Covered Call? What are the risks, benefits, and requirements? If you are asking yourself these questions, the answers you seek lie in :Covered Calls: Aggressive Strategy for the Conservative Investor: (http://www.poweropt.com/107/). This educational kit, written by the founders of PowerOptions, will teach you the ins and outs of the Covered Call Strategy. PLUS, it comes with two free months of PowerOptions AND a 30 day risk free guarantee! Can you back test these strategies? Yes, you can! PowerOptions offers a full back testing screener, SmartHistoryXL, to its subscribers. Back test over 20 different options strategies using your personal search criteria. Check out PowerOptions SmartHistoryXL (http://www.poweropt.com/optionsbacktesting- instructions.asp) and start back testing today! NEWS LEADERS AND LAGGARDS----------------------------------------- Stocks pointed towards a higher open this morning include Marathon Petroleum (MPC), Morgan Stanley (MS) and Nabors Industries (NBR). Stocks pointed Lower include Altera (ALTR), E.I. Du Pont De Nemours (DD) and Texas Instruments (TXN). Stocks receiving analyst upgrades this morning include Validus Holdings (VR), Duke Energy (DUK) and MEMC Electronic Materials (WFR). The list of downgrades this morning includes T. Rowe Price (TROW), Pharmacyclics (PCYC) and Invesco Mortgage Capital (IVR)). MARKET OVERVIEW--------------------------------------------------- Stocks in Asia ended with a thump today, despite data showing a significant decline in Chinese inflation during the month of November. That pleasant surprise was offset by a report pointing to slower-than-forecast industrial production growth on the mainland, suggesting that the outlook is still murky for the emerging economy. Meanwhile, traders also priced in some disappointment over a lack of European unity, as leaders failed to reach an agreement regarding a revamped EU treaty. By the close, Hong Kong's Hang Seng shed 2.7%, South Korea's Kospi lost 2%, Japan's Nikkei fell 1.5%, and China's Shanghai Composite gave up 0.6%. Meanwhile, European markets are pointed higher at midday, despite a choppy start to the session. At a summit in Brussels, British Prime Minister Cameron dug in his heels, and refused to agree to proposed EU treaty reforms. However, most other member countries agreed to enforce new fiscal rules via an inter-governmental treaty, which has propped up investor sentiment. Additionally, another 200 billion euros will be deployed to the International Monetary Fund (IMF) to provide needed aid and liquidity to struggling nations. At last check, the French CAC 40 is up 1.9%, the German DAX has gained 1.2%, and London's FTSE 100 is 0.3% higher. The greenback has pulled back this morning, with the U.S. dollar index down 0.4%. Crude oil, meanwhile, is on the rebound, with the front-month contract last seen 0.5% higher to trade near $98.82 per barrel. Finally, gold futures have bounced back from yesterday's drubbing, tacking on 0.7% to trade near $1,724.70 an ounce. PUT/CALL RATIO --------------------------------------------------- Equity option activity on the Chicago Board Options Exchange (CBOE) saw 794,559 call contracts traded on Thursday, compared to 619,105 put contracts. The resultant single-session put/call ratio arrived at 0.78, while the 21-day moving average was 0.72. SUPPORT & RESISTANCE LEVELS -------------------------------------- The S&P Depository Receipts (SPY) show support in the neighborhood of $118.80 and resistance above $127.15. For the Nasdaq 100 (QQQ), support is around $55.45 and resistance is near $57.65. TODAY'S ECONOMIC CALENDAR ---------------------------------------- 8:30 a.m. Oct Trade Balance 9:55 a.m. Dec Michigan Sentiment EARNINGS EXPECTED TODAY (w/current estimates) -------------------- TITN 0.50 This Morning Update was prepared with data and information provided by: PowerOptionsPlus.com - The Best Way To Find, Compare, Analyze, and Make Money On Option Investments - Forbes Best of the Web Winner. InvestorsObserver -- Better Strategies for Making Money -> For Investors With a Sense of Humor. Only $1 for your first month plus seven free bonuses worth over $800, see: http://www.poweropt.com/io Seven Summits Investment Research is an independent investment research group focusing on the U.S. equities and options markets. Our unique set of analytical tools, screening techniques, rigorous research methods and committed staff provide solid information to help our clients make the best investment decisions possible. For more information go to www.SevenSummitsInvestmentResearch.com . CRD# 137114 Schaeffer's Investment Research - Market information that combines unique data with insightful commentary, enabling you to navigate in any market conditions and invest wisely http://www.poweropt.com/sirmmo All stocks and options shown are examples only. These are not recommendations to buy or sell any security and they do not represent in any way a positive or negative outlook for any security. Potential returns do not take into account your trade size, brokerage commissions, taxes or our subscription fees which will affect actual investment returns. Stocks and options involve risk and are not suitable for all investors and investing in |
