MORNING UPDATE: PriceWatch Alerts for F and More... for 2011-09-09 |
| ------------------------------------------------------------------ MORNING UPDATE: PriceWatch Alerts for F, FSLR, NFLX, and More... September 9, 8:30 AM EST - Before the open... PriceWatch Alerts for F, FSLR, PAY, TIVO, P, NFLX, PNC, IP, BLK, and VMC, Market Overview, News Leaders and Laggards, Today's Economic Calendar, and Index Support & Resistance Levels. New PriceWatch Alerts for F, FSLR, PAY, TIVO, P, NFLX, PNC, IP, BLK, and VMC PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS-------------- -- Ford Motor Co. (NYSE: F) Last Price 10.34 - JAN 10.00 CALL OPTION@ $1.36 -> 11.4% Return (30.9% Annualized) assigned* -- First Solar, Inc. (Nasdaq: FSLR) Last Price 86.67 - OCT 85.00 CALL OPTION@ $7.75 -> 7.7% Return (65.4% Annualized) assigned* -- VeriFone Systems, Inc (NYSE: PAY) Last Price 36.46 - OCT 36.00 CALL OPTION@ $2.65 -> 6.5% Return (55.0% Annualized) assigned* -- TiVo Inc. (Nasdaq: TIVO) Last Price 10.70 - JAN 10.00 CALL OPTION@ $1.79 -> 12.2% Return (33.3% Annualized) assigned* -- Pandora Media, Inc. (NYSE: P) Last Price 11.02 - DEC 11.00 CALL OPTION@ $1.45 -> 14.9% Return (55.1% Annualized) assigned* -- Netflix, Inc. (Nasdaq: NFLX) Last Price 211.20 - OCT 210.00 CALL OPTION@ $17.65 -> 8.5% Return (72.1% Annualized) assigned* -- PNC Financial Services Group Inc. (NYSE: PNC) Last Price 47.80 - OCT 47.00 CALL OPTION@ $3.25 -> 5.5% Return (46.7% Annualized) assigned* -- International Paper Co. (NYSE: IP) Last Price 26.99 - OCT 26.00 CALL OPTION@ $2.29 -> 5.3% Return (44.7% Annualized) assigned* -- BlackRock, Inc. (NYSE: BLK) Last Price 155.86 - OCT 155.00 CALL OPTION@ $10.00 -> 6.3% Return (53.2% Annualized) assigned* -- Vulcan Materials Company (NYSE: VMC) Last Price 34.53 - OCT 34.00 CALL OPTION@ $2.60 -> 6.5% Return (55.0% 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 higher this morning include Johnson Controls (JCI), Medtronic (MDT) and Dean Foods (DF). Poised to open lower are Verisign (VRSN), Tesoro Corp. (TSO) and Akamai Technologies (AKAM). The list of upgrades this morning includes Triangle Petroleum (TPLM), Cisco Systems (CSCO) and Energy Transfer Partners (ETP). The downgrade list this morning includes Lazard (LAZ), Luxottica (LUX) and Deutsche Telekom (DTEGY). MARKET OVERVIEW--------------------------------------------------- Stocks in Asia ended lower today, pressured in part by a downbeat reading on Japan's gross domestic product (GDP). The quake-stricken country's second-quarter GDP was downwardly revised to show a 0.5% decline, compared to the initial estimate of a 0.3% contraction. Meanwhile, chip stocks backpedaled after Texas Instruments offered a downwardly revised earnings forecast late Thursday. However, Chinese inflation data was relatively well-received, with consumer prices cooling off to 6.2% in August from July's multi-year peak of 6.5%. By the close, South Korea's Kospi slid 1.8%, Japan's Nikkei fell 0.6%, Hong Kong's Hang Seng lost 0.2%, and China's Shanghai Composite gave up 0.05%. Banking stocks are leading the decline in Europe, where traders are pricing in renewed concerns over the state of the U.S. economy. With no clear signals on future stimulus efforts from Fed boss Bernanke, and with President Obama facing an uphill battle to pass his ambitious jobs plan, investors overseas seem less than confident that the powerhouse economy can stay on the right course. Anxiety is also running high ahead of a meeting of G-7 finance ministers and central bankers in Marseilles, France, where leaders are expected to discuss ongoing global debt concerns. At midday, the French CAC 40 is down 1.4%, the German DAX is down 0.9%, and London's FTSE 100 is off 0.7%. The greenback has gained some ground this morning, with the U.S. dollar index up 0.5% at last look. Elsewhere, crude oil futures have extended yesterday's late-session slide, with the front-month contract down $1.25, or 1.4%, at $87.80 per barrel. Finally, after soaring amid a widespread flight to safety on Wednesday, gold futures have pared some of their gains. At last check, the malleable metal has backpedaled $16.30, or 0.9%, to trade near $1,841.20 an ounce. PUT/CALL RATIO --------------------------------------------------- Equity option activity on the Chicago Board Options Exchange (CBOE) saw 798,570 call contracts traded on Thursday, compared to 577,831 put contracts. The resultant single-session put/call ratio arrived at 0.72, while the 21-day moving average was 0.74. SUPPORT & RESISTANCE LEVELS -------------------------------------- The S&P Depository Receipts (SPY) show support in the neighborhood of $112.40 and resistance above $120.95. For the Nasdaq 100 (QQQ), support is around $53.90 and resistance is near $55.75. TODAY'S ECONOMIC CALENDAR ---------------------------------------- 10:00 a.m. Jul Wholesale Inventories EARNINGS EXPECTED TODAY (w/current estimates) -------------------- KR 0.43 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 |
