MORNING UPDATE: PriceWatch Alerts for ORCL and More...
------------------------------------------------------------------
MORNING UPDATE: PriceWatch Alerts for ORCL, GM, TWC, and More...
December 5, 8:30 AM EST - Before the open... PriceWatch Alerts for
ORCL, BX, IP, BCS, UHS, GM, TWC, LO, MBT, and NNN, Market Overview,
News Leaders and Laggards, Today's Economic Calendar, and Index
Support & Resistance Levels.
New PriceWatch Alerts for ORCL, BX, IP, BCS, UHS, GM, TWC, LO, MBT,
and NNN
PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS--------------
-- Oracle Corporation (Nasdaq: ORCL)
Last Price 31.20 - JAN 31.00 CALL OPTION@ $1.64 -> 4.9% Return
(37.8% Annualized) assigned*
-- The Blackstone Group (NYSE: BX)
Last Price 14.77 - MAR 14.00 CALL OPTION@ $1.90 -> 8.8% Return
(31.1% Annualized) assigned*
-- International Paper Co. (NYSE: IP)
Last Price 28.77 - JAN 28.00 CALL OPTION@ $1.94 -> 4.4% Return
(33.9% Annualized) assigned*
-- Barclays PLC (NYSE: BCS)
Last Price 11.86 - MAR 11.00 CALL OPTION@ $2.10 -> 12.7% Return
(45.0% Annualized) assigned*
-- Universal Health Services Inc. (NYSE: UHS)
Last Price 38.88 - JAN 40.00 CALL OPTION@ $1.70 -> 7.6% Return
(58.9% Annualized) assigned*
-- General Motors Company (NYSE: GM)
Last Price 21.28 - JAN 21.00 CALL OPTION@ $1.47 -> 6.0% Return
(46.7% Annualized) assigned*
-- Time Warner Cable Inc. (NYSE: TWC)
Last Price 63.80 - APR 62.50 CALL OPTION@ $5.00 -> 6.3% Return
(16.6% Annualized) assigned*
-- Lorillard, Inc. (NYSE: LO)
Last Price 110.02 - JAN 110.00 CALL OPTION@ $6.65 -> 6.4% Return
(49.8% Annualized) assigned*
-- Mobile Telesystems OJSC (NYSE: MBT)
Last Price 16.06 - MAR 16.00 CALL OPTION@ $1.30 -> 8.8% Return
(31.3% Annualized) assigned*
-- National Retail Properties, Inc. (NYSE: NNN)
Last Price 25.38 - JUN 25.00 CALL OPTION@ $1.70 -> 5.6% Return
(10.5% 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 FMC Corp
(FTI), Cliffs Natural Resources (CLF) and Cincinnati Financial
(CINF). Stocks pointed lower include Autodesk (ADSK), Cablevision
Systems (CVC) and Newmont Mining (NEM). Stocks receiving upgrades
this morning include Boardwalk Pipeline (BWP), Time Warner Cable
(TWC) and IMAX (IMAX). Stocks receiving downgrades include
SuccessFactors (SFSF), Valero Energy (VLO) and Riverview Bancorp
(RVSB).
MARKET OVERVIEW---------------------------------------------------
Most Asian markets ended higher today, as new austerity plans out
of Italy sparked some optimism regarding the euro zone's debt
crisis. Among individual equities, Samsung was a standout in Seoul
after winning a court victory against patent rival Apple. However,
stocks in China ended lower, sitting out the regional rally after
HSBC's purchasing managers index (PMI) pointed to slower growth in
the services sector during the month of November. By the close,
China's Shanghai Composite fell 1.2%, South Korea's Kospi added
0.4%, Japan's Nikkei rose 0.6%, and Hong Kong's Hang Seng tacked on
0.7%. The bulls are also making their presence known in Europe,
where equities have started the week on a solid footing. Traders
were initially encouraged by Mario Monti's new belt-tightening
budget, and expectations are also running high as Nicolas Sarkozy
and Angela Merkel convene in Paris to discuss a plan of attack for
this Friday's EU summit. At midday, London's FTSE 100 is up 0.8%,
the German DAX has added 0.9%, and France's CAC 40 has gained 1.5%.
The U.S. dollar index is trading 0.2% lower this morning, with the
greenback last seen at $78.46. Crude oil, meanwhile, is hoping to
extend last week's gains, with the front-month contract up 0.6% at
$101.60 per barrel. Gold futures, on the other hand, are taking a
breather, as the malleable metal is looking at a 0.5% drop to sit
at $1,743.50 per ounce.
PUT/CALL RATIO ---------------------------------------------------
Equity option activity on the Chicago Board Options Exchange (CBOE)
saw 925,434 call contracts traded on Friday, compared to 544,530
put contracts. The resultant single-session put/call ratio arrived
at 0.59, while the 21-day moving average was 0.71.
SUPPORT & RESISTANCE LEVELS --------------------------------------
The S&P Depository Receipts (SPY) show support in the neighborhood
of $118.80 and resistance above $126.75. For the Nasdaq 100 (QQQ),
support is around $55.45 and resistance is near $57.35.
TODAY'S ECONOMIC CALENDAR ----------------------------------------
10:00 a.m. Nov ISM Services
10:00 a.m. Oct Factory Orders
EARNINGS EXPECTED TODAY (w/current estimates) --------------------
DG 0.47
HITK 0.77
PBY 0.13
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
MORNING UPDATE: PriceWatch Alerts for ORCL, GM, TWC, and More...
December 5, 8:30 AM EST - Before the open... PriceWatch Alerts for
ORCL, BX, IP, BCS, UHS, GM, TWC, LO, MBT, and NNN, Market Overview,
News Leaders and Laggards, Today's Economic Calendar, and Index
Support & Resistance Levels.
New PriceWatch Alerts for ORCL, BX, IP, BCS, UHS, GM, TWC, LO, MBT,
and NNN
PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS--------------
-- Oracle Corporation (Nasdaq: ORCL)
Last Price 31.20 - JAN 31.00 CALL OPTION@ $1.64 -> 4.9% Return
(37.8% Annualized) assigned*
-- The Blackstone Group (NYSE: BX)
Last Price 14.77 - MAR 14.00 CALL OPTION@ $1.90 -> 8.8% Return
(31.1% Annualized) assigned*
-- International Paper Co. (NYSE: IP)
Last Price 28.77 - JAN 28.00 CALL OPTION@ $1.94 -> 4.4% Return
(33.9% Annualized) assigned*
-- Barclays PLC (NYSE: BCS)
Last Price 11.86 - MAR 11.00 CALL OPTION@ $2.10 -> 12.7% Return
(45.0% Annualized) assigned*
-- Universal Health Services Inc. (NYSE: UHS)
Last Price 38.88 - JAN 40.00 CALL OPTION@ $1.70 -> 7.6% Return
(58.9% Annualized) assigned*
-- General Motors Company (NYSE: GM)
Last Price 21.28 - JAN 21.00 CALL OPTION@ $1.47 -> 6.0% Return
(46.7% Annualized) assigned*
-- Time Warner Cable Inc. (NYSE: TWC)
Last Price 63.80 - APR 62.50 CALL OPTION@ $5.00 -> 6.3% Return
(16.6% Annualized) assigned*
-- Lorillard, Inc. (NYSE: LO)
Last Price 110.02 - JAN 110.00 CALL OPTION@ $6.65 -> 6.4% Return
(49.8% Annualized) assigned*
-- Mobile Telesystems OJSC (NYSE: MBT)
Last Price 16.06 - MAR 16.00 CALL OPTION@ $1.30 -> 8.8% Return
(31.3% Annualized) assigned*
-- National Retail Properties, Inc. (NYSE: NNN)
Last Price 25.38 - JUN 25.00 CALL OPTION@ $1.70 -> 5.6% Return
(10.5% 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 FMC Corp
(FTI), Cliffs Natural Resources (CLF) and Cincinnati Financial
(CINF). Stocks pointed lower include Autodesk (ADSK), Cablevision
Systems (CVC) and Newmont Mining (NEM). Stocks receiving upgrades
this morning include Boardwalk Pipeline (BWP), Time Warner Cable
(TWC) and IMAX (IMAX). Stocks receiving downgrades include
SuccessFactors (SFSF), Valero Energy (VLO) and Riverview Bancorp
(RVSB).
MARKET OVERVIEW---------------------------------------------------
Most Asian markets ended higher today, as new austerity plans out
of Italy sparked some optimism regarding the euro zone's debt
crisis. Among individual equities, Samsung was a standout in Seoul
after winning a court victory against patent rival Apple. However,
stocks in China ended lower, sitting out the regional rally after
HSBC's purchasing managers index (PMI) pointed to slower growth in
the services sector during the month of November. By the close,
China's Shanghai Composite fell 1.2%, South Korea's Kospi added
0.4%, Japan's Nikkei rose 0.6%, and Hong Kong's Hang Seng tacked on
0.7%. The bulls are also making their presence known in Europe,
where equities have started the week on a solid footing. Traders
were initially encouraged by Mario Monti's new belt-tightening
budget, and expectations are also running high as Nicolas Sarkozy
and Angela Merkel convene in Paris to discuss a plan of attack for
this Friday's EU summit. At midday, London's FTSE 100 is up 0.8%,
the German DAX has added 0.9%, and France's CAC 40 has gained 1.5%.
The U.S. dollar index is trading 0.2% lower this morning, with the
greenback last seen at $78.46. Crude oil, meanwhile, is hoping to
extend last week's gains, with the front-month contract up 0.6% at
$101.60 per barrel. Gold futures, on the other hand, are taking a
breather, as the malleable metal is looking at a 0.5% drop to sit
at $1,743.50 per ounce.
PUT/CALL RATIO ---------------------------------------------------
Equity option activity on the Chicago Board Options Exchange (CBOE)
saw 925,434 call contracts traded on Friday, compared to 544,530
put contracts. The resultant single-session put/call ratio arrived
at 0.59, while the 21-day moving average was 0.71.
SUPPORT & RESISTANCE LEVELS --------------------------------------
The S&P Depository Receipts (SPY) show support in the neighborhood
of $118.80 and resistance above $126.75. For the Nasdaq 100 (QQQ),
support is around $55.45 and resistance is near $57.35.
TODAY'S ECONOMIC CALENDAR ----------------------------------------
10:00 a.m. Nov ISM Services
10:00 a.m. Oct Factory Orders
EARNINGS EXPECTED TODAY (w/current estimates) --------------------
DG 0.47
HITK 0.77
PBY 0.13
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
