MORNING UPDATE: PriceWatch Alerts for MSFT and More... for 2011-04-27 |
| ------------------------------------------------------------------ MORNING UPDATE: PriceWatch Alerts for MSFT, AKAM, HES, and More... April 13, 8:30 AM EST - Before the open... PriceWatch Alerts for MSFT, AKAM, HES, ATI, COG, EBAY, WLP, NVLS, WHR and ARW, Market Overview, News Leaders and Laggards, Today's Economic Calendar, and Index Support & Resistance Levels. New PriceWatch Alerts for MSFT, AKAM, HES, ATI, COG, EBAY, WLP, NVLS, WHR and ARW PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS-------------- -- Microsoft Corp. (Nasdaq: MSFT) Last Price 26.19 - OCT 26.00 CALL OPTION@ $1.59 -> 5.7% Return (11.7% Annualized) assigned* -- Akamai Technologies Inc. (Nasdaq: AKAM) Last Price 40.36 - JUN 40.00 CALL OPTION@ $2.87 -> 6.7% Return (47.0% Annualized) assigned* -- Hess Corporation (NYSE: HES) Last Price 80.67 - AUG 77.50 CALL OPTION@ $7.30 -> 5.6% Return (17.9% Annualized) assigned* -- Allegheny Technologies Inc. (NYSE: ATI) Last Price 71.09 - OCT 65.00 CALL OPTION@ $10.85 -> 7.9% Return (16.2% Annualized) assigned* -- Cabot Oil and Gas Corp. (NYSE: COG) Last Price 55.55 - OCT 50.00 CALL OPTION@ $8.75 -> 6.8% Return (14.0% Annualized) assigned* -- eBay Inc. (Nasdaq: EBAY) Last Price 33.08 - OCT 30.00 CALL OPTION@ $4.80 -> 6.1% Return (12.5% Annualized) assigned* -- WellPoint Health Networks (NYSE: WLP) Last Price 72.97 - SEP 72.50 CALL OPTION@ $4.55 -> 6.0% Return (15.2% Annualized) assigned* -- Novellus Systems Inc. (Nasdaq: NVLS) Last Price 34.85 - SEP 32.00 CALL OPTION@ $4.50 -> 5.4% Return (13.9% Annualized) assigned* -- Whirlpool Corp. (NYSE: WHR) Last Price 87.86 - SEP 85.00 CALL OPTION@ $7.55 -> 5.8% Return (14.9% Annualized) assigned* -- Arrow Electronics Inc. (NYSE: ARW) Last Price 44.69 - SEP 42.50 CALL OPTION@ $4.75 -> 6.4% Return (16.4% Annualized) assigned* *Annualized returns are shown for comparison purposes only What exactly is a Covered Call? 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NEWS LEADERS AND LAGGARDS----------------------------------------- So far this morning, Boeing (BA), BP (BP) and LM Ericsson (ERIC) lead the list of companies with positive news, while Amazon.com (AMZN) and LDK Solar (LDK) lead the list of companies with negative news. First Solar (FSLR), Lorillard (LO) and Sohu.com (SOHU) were upgraded this morning, while U.S. Steel (X), Sirius XM Radio (SIRI) and Masco (MAS) were downgraded. MARKET OVERVIEW--------------------------------------------------- Asian stocks finished mixed today, with Japanese equities ending higher despite a negative note from Standard & Poor's Ratings Services. Specifically, the firm cut its outlook on Japan's sovereign debt to "negative" from "stable," predicting costs related to the earthquake to surpass prior estimates. By the close, Japan's Nikkei added 1.4%, while the Shanghai Composite and Hong Kong's Hang Seng each surrendered 0.5%. European stocks were mostly higher at midday, as investors celebrate stronger-than-anticipated earnings showings from Ericsson and Renault. At last check, London's FTSE 100 has added about 0.2%, France's CAC 40 has tacked on 0.6%, and Germany's DAX has advanced close to 0.9%. The greenback has continued its decline this morning, with the U.S. dollar index down 0.1%. Elsewhere, crude futures have rebounded from Tuesday's modest retreat. At last check, the June-dated contract has added 0.3% to flirt with $112.54 per barrel. Meanwhile, gold futures have also rebounded after snapping their winning streak. In pre-market action, the front-month contract has tacked on almost 0.2% to trade at $1,506 an ounce. PUT/CALL RATIO --------------------------------------------------- Equity option activity on the Chicago Board Options Exchange (CBOE) saw 1,159,969 call contracts traded on Tuesday, compared to 676,430 put contracts. The resultant single-session put/call ratio docked at 0.58, while the 21-day moving average remained at 0.59. SUPPORT & RESISTANCE LEVELS -------------------------------------- The S&P Depository Receipts (SPY) show support in the neighborhood of $130.43 and resistance above $135.06. For the Nasdaq 100 (QQQ), support is around $58.16 and resistance is near $59.04. TODAY'S ECONOMIC CALENDAR ---------------------------------------- 8:30 a.m. Mar Durable goods orders 10:30 a.m. 4/23 Crude inventories 12:30 p.m. Apr FOMC rate decision EARNINGS EXPECTED TODAY (w/current estimates) -------------------- AFL 1.52 AKAM 0.37 ATI 0.50 ALL 0.68 AIZ 1.22 AVB 1.05 AVY 0.47 BHI 0.78 BA 0.72 COG 0.12 CINF 0.36 CTXS 0.42 COP 1.97 DPS 0.46 DTE 1.25 CNB 1.25 EBAY 0.46 EFX 0.58 EQR 0.56 EXC 1.06 FISV 1.04 FLS 1.59 GD 1.61 GLW 0.44 HES 1.87 IVZ 0.42 LNC 0.92 MWV 0.23 MCO 0.54 NOV 1.00 NSC 1.56 NVLS 1.03 ORLY 0.78 OI 0.45 PH 1.55 ROK 1.12 SBUX 0.34 SCG 0.98 SEE 0.38 SO 0.51 SRCL 0.66 TER 0.37 TMO 0.88 VAR 0.85 WPI 0.86 WLP 1.87 WHR 1.64 WYN 0.40 XLNX 0.52 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 |
