MORNING UPDATE: PriceWatch Alerts for HPQ and More...
------------------------------------------------------------------
MORNING UPDATE: PriceWatch Alerts for HPQ, MS, CAT, and More...
December 1, 8:30 AM EST - Before the open... PriceWatch Alerts for
HPQ, NEM, WPI, PHM, LNC, MS, CAT, ACI, IR, and SCCO, Market
Overview, News Leaders and Laggards, Today's Economic Calendar, and
Index Support & Resistance Levels.
New PriceWatch Alerts for HPQ, NEM, WPI, PHM, LNC, MS, CAT, ACI,
IR, and SCCO
PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS--------------
-- Hewlett-Packard Company (NYSE: HPQ)
Last Price 27.95 - JAN 27.00 CALL OPTION@ $2.17 -> 4.7% Return
(33.9% Annualized) assigned*
-- Newmont Mining Corp. (NYSE: NEM)
Last Price 68.88 - MAR 67.50 CALL OPTION@ $5.40 -> 6.3% Return
(21.6% Annualized) assigned*
-- Watson Pharmaceuticals, Inc. (NYSE: WPI)
Last Price 64.62 - JUL 6.00 CALL OPTION@ $3.60 -> 6.5% Return
(30.1% Annualized) assigned*
-- PulteGroup, Inc. (NYSE: PHM)
Last Price 6.11 - JUL 6.00 CALL OPTION@ $1.30 -> 24.7% Return
(38.8% Annualized) assigned*
-- Lincoln National Corp. (NYSE: LNC)
Last Price 20.18 - JAN 20.00 CALL OPTION@ $1.60 -> 7.6% Return
(54.7% Annualized) assigned*
-- Morgan Stanley (NYSE: MS)
Last Price 14.79 - JAN 14.00 CALL OPTION@ $1.91 -> 8.7% Return
(62.2% Annualized) assigned*
-- Caterpillar Inc. (NYSE: CAT)
Last Price 97.88 - JAN 95.00 CALL OPTION@ $6.70 -> 4.2% Return
(30.0% Annualized) assigned*
-- Arch Coal Inc. (NYSE: ACI)
Last Price 16.39 - JAN 16.00 CALL OPTION@ $1.64 -> 8.5% Return
(60.7% Annualized) assigned*
-- Ingersoll-Rand Plc (NYSE: IR)
Last Price 33.12 - JAN 32.50 CALL OPTION@ $2.35 -> 5.6% Return
(40.2% Annualized) assigned*
-- Southern Copper Corp. (NYSE: SCCO)
Last Price 31.13 - JAN 31.00 CALL OPTION@ $1.85 -> 5.9% Return
(42.0% 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 toward a higher open this morning include Yahoo (YHOO), Limited
Brands (LTD) and Macy?s (M). Stocks pointed lower include Target Corp. (TGT),
Qualcomm (QCOM) and Darden Restaurants (DRI). The list of analyst upgrades
this morning includes Seagate Technologies (STX) and Allergan (AGN). This
morning?s downgrade list includes Bank of the Ozarks (OZRK) and Western Union
(WU).
MARKET OVERVIEW---------------------------------------------------
Stocks in Asia ended substantially higher, following suit with Wall
Street's Wednesday surge. Traders today had a chance to respond to
an unexpected policy accommodation by the People's Bank of China,
as well as a joint effort to bolster dollar liquidity by central
banks in some of the world's largest economies. Against this
backdrop, not even data showing a contraction in Chinese
manufacturing activity could curb the market's momentum. By the
close, Japan's Nikkei gained 1.9%, China's Shanghai Composite added
2.3%, South Korea's Kospi climbed 3.7%, and Hong Kong's Hang Seng
jumped 5.6%. Meanwhile, the major European indexes are looking
relatively lifeless at midday. A report from Markit today pointed
to a sharp slowdown in euro-zone factory activity, with the PMI
arriving at a 28-month low of 46.4. Additionally, in a speech
before the European Union's (EU) parliament, ECB President Mario
Draghi warned that "downside risks to the economic outlook have
increased." However, stocks have moved off their session lows, with
traders relieved to see French bond yields easing back during a
debt auction. At last check, London's FTSE 100 has added 0.6%, the
French CAC 40 is up 0.1%, and the German DAX has shed 0.2%.
The greenback is pointed south ahead of the bell, with the dollar
index trading 0.2% lower at $78.21. Crude oil, meanwhile, is
struggling to extend its stay above the century mark, though the
front-month contract was last seen 0.1% lower. Gold futures have
continued yesterday's jump. The malleable metal is trading just
north breakeven, around $1,750.70 per ounce.
PUT/CALL RATIO ---------------------------------------------------
Equity option activity on the Chicago Board Options Exchange (CBOE)
saw 1,190,540 call contracts traded on Wednesday, compared to
657,432 put contracts. The resultant single-session put/call ratio
arrived at 0.55, while the 21-day moving average was 0.73.
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 $58.15.
TODAY'S ECONOMIC CALENDAR ----------------------------------------
8:30 a.m. 11/26 Initial Claims
8:30 a.m. 11/19 Continuing Claims
10:00 a.m. Nov ISM Index
10:00 a.m. Oct Construction Spending
3:00 p.m. Dec Auto & Truck Sales
EARNINGS EXPECTED TODAY (w/current estimates) --------------------
HRB -0.34
JCG
JOSB 0.51
KR 0.31
PVH 1.81
UTIW 0.28
ZUMZ 0.42
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 HPQ, MS, CAT, and More...
December 1, 8:30 AM EST - Before the open... PriceWatch Alerts for
HPQ, NEM, WPI, PHM, LNC, MS, CAT, ACI, IR, and SCCO, Market
Overview, News Leaders and Laggards, Today's Economic Calendar, and
Index Support & Resistance Levels.
New PriceWatch Alerts for HPQ, NEM, WPI, PHM, LNC, MS, CAT, ACI,
IR, and SCCO
PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS--------------
-- Hewlett-Packard Company (NYSE: HPQ)
Last Price 27.95 - JAN 27.00 CALL OPTION@ $2.17 -> 4.7% Return
(33.9% Annualized) assigned*
-- Newmont Mining Corp. (NYSE: NEM)
Last Price 68.88 - MAR 67.50 CALL OPTION@ $5.40 -> 6.3% Return
(21.6% Annualized) assigned*
-- Watson Pharmaceuticals, Inc. (NYSE: WPI)
Last Price 64.62 - JUL 6.00 CALL OPTION@ $3.60 -> 6.5% Return
(30.1% Annualized) assigned*
-- PulteGroup, Inc. (NYSE: PHM)
Last Price 6.11 - JUL 6.00 CALL OPTION@ $1.30 -> 24.7% Return
(38.8% Annualized) assigned*
-- Lincoln National Corp. (NYSE: LNC)
Last Price 20.18 - JAN 20.00 CALL OPTION@ $1.60 -> 7.6% Return
(54.7% Annualized) assigned*
-- Morgan Stanley (NYSE: MS)
Last Price 14.79 - JAN 14.00 CALL OPTION@ $1.91 -> 8.7% Return
(62.2% Annualized) assigned*
-- Caterpillar Inc. (NYSE: CAT)
Last Price 97.88 - JAN 95.00 CALL OPTION@ $6.70 -> 4.2% Return
(30.0% Annualized) assigned*
-- Arch Coal Inc. (NYSE: ACI)
Last Price 16.39 - JAN 16.00 CALL OPTION@ $1.64 -> 8.5% Return
(60.7% Annualized) assigned*
-- Ingersoll-Rand Plc (NYSE: IR)
Last Price 33.12 - JAN 32.50 CALL OPTION@ $2.35 -> 5.6% Return
(40.2% Annualized) assigned*
-- Southern Copper Corp. (NYSE: SCCO)
Last Price 31.13 - JAN 31.00 CALL OPTION@ $1.85 -> 5.9% Return
(42.0% 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 toward a higher open this morning include Yahoo (YHOO), Limited
Brands (LTD) and Macy?s (M). Stocks pointed lower include Target Corp. (TGT),
Qualcomm (QCOM) and Darden Restaurants (DRI). The list of analyst upgrades
this morning includes Seagate Technologies (STX) and Allergan (AGN). This
morning?s downgrade list includes Bank of the Ozarks (OZRK) and Western Union
(WU).
MARKET OVERVIEW---------------------------------------------------
Stocks in Asia ended substantially higher, following suit with Wall
Street's Wednesday surge. Traders today had a chance to respond to
an unexpected policy accommodation by the People's Bank of China,
as well as a joint effort to bolster dollar liquidity by central
banks in some of the world's largest economies. Against this
backdrop, not even data showing a contraction in Chinese
manufacturing activity could curb the market's momentum. By the
close, Japan's Nikkei gained 1.9%, China's Shanghai Composite added
2.3%, South Korea's Kospi climbed 3.7%, and Hong Kong's Hang Seng
jumped 5.6%. Meanwhile, the major European indexes are looking
relatively lifeless at midday. A report from Markit today pointed
to a sharp slowdown in euro-zone factory activity, with the PMI
arriving at a 28-month low of 46.4. Additionally, in a speech
before the European Union's (EU) parliament, ECB President Mario
Draghi warned that "downside risks to the economic outlook have
increased." However, stocks have moved off their session lows, with
traders relieved to see French bond yields easing back during a
debt auction. At last check, London's FTSE 100 has added 0.6%, the
French CAC 40 is up 0.1%, and the German DAX has shed 0.2%.
The greenback is pointed south ahead of the bell, with the dollar
index trading 0.2% lower at $78.21. Crude oil, meanwhile, is
struggling to extend its stay above the century mark, though the
front-month contract was last seen 0.1% lower. Gold futures have
continued yesterday's jump. The malleable metal is trading just
north breakeven, around $1,750.70 per ounce.
PUT/CALL RATIO ---------------------------------------------------
Equity option activity on the Chicago Board Options Exchange (CBOE)
saw 1,190,540 call contracts traded on Wednesday, compared to
657,432 put contracts. The resultant single-session put/call ratio
arrived at 0.55, while the 21-day moving average was 0.73.
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 $58.15.
TODAY'S ECONOMIC CALENDAR ----------------------------------------
8:30 a.m. 11/26 Initial Claims
8:30 a.m. 11/19 Continuing Claims
10:00 a.m. Nov ISM Index
10:00 a.m. Oct Construction Spending
3:00 p.m. Dec Auto & Truck Sales
EARNINGS EXPECTED TODAY (w/current estimates) --------------------
HRB -0.34
JCG
JOSB 0.51
KR 0.31
PVH 1.81
UTIW 0.28
ZUMZ 0.42
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
