MORNING UPDATE: PriceWatch Alerts for IBM and More... for 2010-02-10 |
| ------------------------------------------------------------------ New PriceWatch Alerts for IBM, NOK, AXP, PALM, and More... February 10, 8:30 AM EST - Before the open... PriceWatch Alerts for IBM, NOK, AXP, PALM, AMR, AET, AN, HIG, UTX, CMG, FLIR, STT, MOT, EXPE, and MFE, Market Overview, News Leaders and Laggards, Today's Economic Calendar, and Index Support & Resistance Levels. New PriceWatch Alerts for IBM, NOK, AXP, PALM, AMR, AET, AN, HIG, UTX, CMG, FLIR, STT, MOT, EXPE, and MFE PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS-------------- -- International Business Machines Corp. (NYSE: IBM) Last Price 123.21 - JUL 125.00 CALL OPTION@ $6.50 -> 7.1% Return (16.5% Annualized) assigned* -- State Street Corp. (NYSE: STT) Last Price 44.22 - MAR 44.00 CALL OPTION@ $2.30 -> 5.0% Return (47.7% Annualized) assigned* -- Motorola Inc. (NYSE: MOT) Last Price 6.54 - JUL 7.00 CALL OPTION@ $0.58 -> 17.4% Return (40.6% Annualized) assigned* -- Expedia Inc. (Nasdaq: EXPE) Last Price 21.88 - APR 22.50 CALL OPTION@ $1.25 -> 9.1% Return (50.1% Annualized) assigned* -- McAfee, Inc. (NYSE: MFE) Last Price 37.44 - JUN 35.00 CALL OPTION@ $4.10 -> 5.0% Return (14.1% Annualized) assigned* -- Nokia Corp. (NYSE: NOK) Last Price 13.35 - JUL 13.00 CALL OPTION@ $1.16 -> 6.6% Return (15.4% Annualized) assigned* -- Hartford Financial Services Group Inc. (NYSE: HIG) Last Price 22.34 - JUN 22.00 CALL OPTION@ $2.82 -> 12.7% Return (35.9% Annualized) assigned* -- United Technologies Corp. (NYSE: UTX) Last Price 66.52 - MAY 65.00 CALL OPTION@ $4.30 -> 4.5% Return (16.1% Annualized) assigned* -- Chipotle Mexican Grill, Inc. (NYSE: CMG) Last Price 100.64 - MAR 100.00 CALL OPTION@ $5.30 -> 4.9% Return (46.9% Annualized) assigned* -- FLIR Systems, Inc. (Nasdaq: FLIR) Last Price 29.78 - APR 30.00 CALL OPTION@ $1.55 -> 6.3% Return (34.7% Annualized) assigned* -- American Express Company (NYSE: AXP) Last Price 37.54 - APR 37.00 CALL OPTION@ $2.57 -> 5.8% Return (32.1% Annualized) assigned* -- Palm, Inc. (Nasdaq: PALM) Last Price 9.45 - MAY 9.00 CALL OPTION@ $1.83 -> 18.1% Return (65.4% Annualized) assigned* -- AMR Corporation (NYSE: AMR) Last Price 8.33 - AUG 8.00 CALL OPTION@ $1.68 -> 20.3% Return (38.6% Annualized) assigned* -- Aetna Inc. (NYSE: AET) Last Price 28.97 - APR 28.00 CALL OPTION@ $2.46 -> 5.6% Return (31.1% Annualized) assigned* -- AutoNation Inc. (NYSE: AN) Last Price 17.96 - JUL 17.50 CALL OPTION@ $1.70 -> 7.6% Return (17.7% 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----------------------------------------- Every trading day our Special Daily Select 10 Hedged Strategies service points out 10 covered call trades and 10 hedged trades normally requiring much less capital. The goal is for each trade to generate at least a 5% return over 60 to 180 days. Using our sophisticated computer models we hunt down the trades with the highest return and the lowest risk. This is a great way see the types of trades that can rely on solid stocks to produce double- digit annual returns while reducing overall risk of holding the stock and conserving your investment funds. Today our Select 10 picks include strategies, tactics and trade ideas for Disney (DIS), Pfizer (PFE), and Adobbe (ADBE) with up to 71% targeted annualized return and 8.5% downside protection. See the Select 10 Hedged Strategies list for all the details. NEWS LEADERS AND LAGGARDS----------------------------------------- So far this morning, Baidu.com (BIDU), The New York Times (NYT), and Coca-Cola Enterprises (CCE) lead the list of companies with positive news, while Sprint Nextel (S), Micron Technology (MU), and ArcelorMittal (MT) lead the list of companies with negative news. Adobe Systems (ADBE), Entergy (ETR), and Agrium (AGU) were upgraded this morning, while Massey Energy (MEE), Energy Conversion Devices (ENER), and Crucell N.V. (CRXL) received downgrades. MARKET OVERVIEW--------------------------------------------------- Overseas trading is looking stronger this morning, as seven of the 10 foreign indexes that we track are in positive territory. The cumulative average return on the collective stands at a gain of 0.76%. In Asia , regional indexes finished mostly higher, helped by a rebound on Wall Street on optimism that help was on the way for Greece to deal with its heavy debt burden. Nissan Motor advanced 1.6% after Japan's third-largest automaker said it returned to quarterly profit and lifted its forecast for the second time, though warning of a still shaky outlook for the global car market. Turning to Europe, stocks are higher, led by financial stocks, with sentiment improving on signs the European Union may rescue heavily indebted Greece. News that Germany is putting together an aid package for Greece lifted the euro versus the U.S. dollar yesterday, adding to the greenback?s weakness on the session. The dollar remains weak heading into the open this morning, with the U.S. Dollar Index off 0.12% at 79.77. The weakening greenback has commodities tentatively higher ahead of the open. The March crude has gained 21 cents to trade at $73.96 per barrel, while the April gold futures contract has crept $3.40 higher to trade at $1,080.60 an ounce in pre-market trading. PUT/CALL RATIO --------------------------------------------------- Equity option activity on the Chicago Board Options Exchange (CBOE) saw 1,183,136 call contracts traded on Tuesday, compared to 836,107 put contracts. The resultant single-session put/call ratio arrived at 0.71, while the 21-day moving average rose to 0.65. SUPPORT & RESISTANCE LEVELS -------------------------------------- The S&P Depository Receipts (SPY) show support in the neighborhood of $106.25 and resistance around $110.60. For the Nasdaq 100 (QQQQ), support is near $42.60 and resistance is around $43.65. TODAY'S ECONOMIC CALENDAR ---------------------------------------- 8:30 a.m. Dec Trade Balance 10:30 a.m. 2/5 Crude Inventories 2:00 p.m. Jan Treasury Budget EARNINGS EXPECTED TODAY (w/current estimates) -------------------- BSX 0.13 CCE 0.21 CSC 1.23 DF 0.37 XRAY 0.49 ICE 1.14 MMC 0.37 MAS -0.03 OMC 0.72 PRU 1.11 SNI 0.51 SIAL 0.72 S -0.19 ALL 1.01 NYT 0.38 TMK 1.44 WYN 0.37 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.com -- 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 |
