MORNING UPDATE: PriceWatch Alerts for CVX and More...
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New PriceWatch Alerts for CVX, AMGN, PFE, AFL, and More...
June 18, 8:30 AM EST - Before the open... PriceWatch Alerts for
CVX, AMGN, PFE, AFL, AKAM, WY, GILD, APOL, ARO, and LH, Market
Overview, News Leaders and Laggards, Today's Economic Calendar, and
Index Support & Resistance Levels.
New PriceWatch Alerts for CVX, AMGN, PFE, AFL, AKAM, WY, GILD,
APOL, ARO, and LH
PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS--------------
-- Chevron Corp. (NYSE: CVX)
Last Price 68.83 - SEP 65.00 CALL OPTION@ $6.50 -> 4.3% Return
(16.8% Annualized) assigned*
-- Gilead Sciences Inc. (Nasdaq: GILD)
Last Price 45.53 - AUG 45.00 CALL OPTION@ $2.85 -> 5.4% Return
(31.0% Annualized) assigned*
-- Apollo Group Inc. (Nasdaq: APOL)
Last Price 66.40 - AUG 65.00 CALL OPTION@ $6.70 -> 8.9% Return
(50.6% Annualized) assigned*
-- Aeropostale Inc. (NYSE: ARO)
Last Price 34.67 - JUL 34.00 CALL OPTION@ $2.25 -> 4.9% Return
(59.3% Annualized) assigned*
-- Laboratory Corp. of America Holdings (NYSE: LH)
Last Price 64.98 - NOV 65.00 CALL OPTION@ $4.50 -> 7.5% Return
(17.7% Annualized) assigned*
-- Amgen Inc. (Nasdaq: AMGN)
Last Price 52.81 - OCT 52.50 CALL OPTION@ $4.80 -> 9.4% Return
(28.2% Annualized) assigned*
-- Pfizer Inc. (NYSE: PFE)
Last Price 14.58 - DEC 14.00 CALL OPTION@ $1.60 -> 7.9% Return
(15.6% Annualized) assigned*
-- AFLAC Inc. (NYSE: AFL)
Last Price 29.74 - JUL 29.00 CALL OPTION@ $2.75 -> 7.4% Return
(90.6% Annualized) assigned*
-- Akamai Technologies Inc. (Nasdaq: AKAM)
Last Price 20.72 - AUG 20.00 CALL OPTION@ $2.35 -> 8.9% Return
(50.6% Annualized) assigned*
-- Weyerhaeuser Co. (NYSE: WY)
Last Price 29.23 - JUL 29.00 CALL OPTION@ $1.90 -> 6.1% Return
(74.3% 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-----------------------------------------
So far this morning, Hewlett-Packard Co., Pier 1 Imports, and The
J.M. Smucker Company lead the list of companies with positive news,
while Boeing, Paychex, Inc., and Harman International Industries
lead the list of companies with negative news. FedEx, Lincoln
National, and Abercrombie & Fitch were upgraded this morning, while
SanDisk, Johnson Controls, and Automatic Data Processing were
downgraded.
MARKET OVERVIEW---------------------------------------------------
Overseas trading looks dismal this morning, as only one of the 10
foreign indices that we track is in positive territory. The
cumulative average return on the collective stands at a loss of
0.66%. Trading in Asia finished mostly lower Thursday, as the
continued resilience of the Japanese yen hurt exporters in Tokyo,
with Mazda Motor off 4.9% and TDK down 0.7%. Resource stocks were
also weak, as Nippon Steel fell 4.2%, and shipping shares failed to
get a boost from a rise in the Baltic Dry Index, with Nippon Yusen
losing 3.4%. Across the pond in Europe, British shares weakened,
with oil producers lower and retailers under pressure after an
unexpected drop in May retail sales. Specifically, U.K. retail
sales fell 0.6% in May, bringing the annual drop to 1.6%.
Economists had been expecting a rise of 0.6% for the month and
unchanged annual sales.
Crude finished a volatile trading session on the plus side
yesterday, despite a larger-than-expected drop in domestic
inventories. The Energy Information Administration (EIA) said that
crude supplies declined by 3.9 million barrels last week, more than
the drop of 1.7 million barrels economists predicted. However, U.S.
gasoline supplies rose by 3.4 million barrels last week, defying
the Street?s expectations for a decline and calming investors?
demand-related fears heading into the summer travel season. Against
this backdrop, oil for August delivery added 54 cents, or 0.76%, to
end at $71.70 per barrel.
PUT/CALL RATIO ---------------------------------------------------
Equity option activity on the Chicago Board Options Exchange (CBOE)
saw 1,728,561 call contracts traded on Wednesday, compared to
1,514,494 put contracts. The resultant single-session put/call
ratio arrived at 0.88, while the 21-day moving average rose to
0.66.
SUPPORT & RESISTANCE LEVELS --------------------------------------
The S&P Depository Receipts (SPY) show support in the neighborhood
of $88.25 and resistance around $96.10. For the Nasdaq 100 (QQQQ),
support is near $35.50 and resistance is around $36.35.
TODAY'S ECONOMIC CALENDAR ----------------------------------------
8:30 a.m. 6/13 Initial Claims
10:00 a.m. May Leading Indicators
10:00 a.m. Jun Philadelphia Fed
EARNINGS EXPECTED TODAY (w/current estimates) --------------------
CCL 0.29
DFS -0.28
SJM 0.63
PIR -0.36
RIMM 0.94
WBD 0.00
WGO -0.27
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
risk and are not suitable for all investors and investing in
options carries substantial risk. Prior to buying or selling
New PriceWatch Alerts for CVX, AMGN, PFE, AFL, and More...
June 18, 8:30 AM EST - Before the open... PriceWatch Alerts for
CVX, AMGN, PFE, AFL, AKAM, WY, GILD, APOL, ARO, and LH, Market
Overview, News Leaders and Laggards, Today's Economic Calendar, and
Index Support & Resistance Levels.
New PriceWatch Alerts for CVX, AMGN, PFE, AFL, AKAM, WY, GILD,
APOL, ARO, and LH
PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS--------------
-- Chevron Corp. (NYSE: CVX)
Last Price 68.83 - SEP 65.00 CALL OPTION@ $6.50 -> 4.3% Return
(16.8% Annualized) assigned*
-- Gilead Sciences Inc. (Nasdaq: GILD)
Last Price 45.53 - AUG 45.00 CALL OPTION@ $2.85 -> 5.4% Return
(31.0% Annualized) assigned*
-- Apollo Group Inc. (Nasdaq: APOL)
Last Price 66.40 - AUG 65.00 CALL OPTION@ $6.70 -> 8.9% Return
(50.6% Annualized) assigned*
-- Aeropostale Inc. (NYSE: ARO)
Last Price 34.67 - JUL 34.00 CALL OPTION@ $2.25 -> 4.9% Return
(59.3% Annualized) assigned*
-- Laboratory Corp. of America Holdings (NYSE: LH)
Last Price 64.98 - NOV 65.00 CALL OPTION@ $4.50 -> 7.5% Return
(17.7% Annualized) assigned*
-- Amgen Inc. (Nasdaq: AMGN)
Last Price 52.81 - OCT 52.50 CALL OPTION@ $4.80 -> 9.4% Return
(28.2% Annualized) assigned*
-- Pfizer Inc. (NYSE: PFE)
Last Price 14.58 - DEC 14.00 CALL OPTION@ $1.60 -> 7.9% Return
(15.6% Annualized) assigned*
-- AFLAC Inc. (NYSE: AFL)
Last Price 29.74 - JUL 29.00 CALL OPTION@ $2.75 -> 7.4% Return
(90.6% Annualized) assigned*
-- Akamai Technologies Inc. (Nasdaq: AKAM)
Last Price 20.72 - AUG 20.00 CALL OPTION@ $2.35 -> 8.9% Return
(50.6% Annualized) assigned*
-- Weyerhaeuser Co. (NYSE: WY)
Last Price 29.23 - JUL 29.00 CALL OPTION@ $1.90 -> 6.1% Return
(74.3% 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-----------------------------------------
So far this morning, Hewlett-Packard Co., Pier 1 Imports, and The
J.M. Smucker Company lead the list of companies with positive news,
while Boeing, Paychex, Inc., and Harman International Industries
lead the list of companies with negative news. FedEx, Lincoln
National, and Abercrombie & Fitch were upgraded this morning, while
SanDisk, Johnson Controls, and Automatic Data Processing were
downgraded.
MARKET OVERVIEW---------------------------------------------------
Overseas trading looks dismal this morning, as only one of the 10
foreign indices that we track is in positive territory. The
cumulative average return on the collective stands at a loss of
0.66%. Trading in Asia finished mostly lower Thursday, as the
continued resilience of the Japanese yen hurt exporters in Tokyo,
with Mazda Motor off 4.9% and TDK down 0.7%. Resource stocks were
also weak, as Nippon Steel fell 4.2%, and shipping shares failed to
get a boost from a rise in the Baltic Dry Index, with Nippon Yusen
losing 3.4%. Across the pond in Europe, British shares weakened,
with oil producers lower and retailers under pressure after an
unexpected drop in May retail sales. Specifically, U.K. retail
sales fell 0.6% in May, bringing the annual drop to 1.6%.
Economists had been expecting a rise of 0.6% for the month and
unchanged annual sales.
Crude finished a volatile trading session on the plus side
yesterday, despite a larger-than-expected drop in domestic
inventories. The Energy Information Administration (EIA) said that
crude supplies declined by 3.9 million barrels last week, more than
the drop of 1.7 million barrels economists predicted. However, U.S.
gasoline supplies rose by 3.4 million barrels last week, defying
the Street?s expectations for a decline and calming investors?
demand-related fears heading into the summer travel season. Against
this backdrop, oil for August delivery added 54 cents, or 0.76%, to
end at $71.70 per barrel.
PUT/CALL RATIO ---------------------------------------------------
Equity option activity on the Chicago Board Options Exchange (CBOE)
saw 1,728,561 call contracts traded on Wednesday, compared to
1,514,494 put contracts. The resultant single-session put/call
ratio arrived at 0.88, while the 21-day moving average rose to
0.66.
SUPPORT & RESISTANCE LEVELS --------------------------------------
The S&P Depository Receipts (SPY) show support in the neighborhood
of $88.25 and resistance around $96.10. For the Nasdaq 100 (QQQQ),
support is near $35.50 and resistance is around $36.35.
TODAY'S ECONOMIC CALENDAR ----------------------------------------
8:30 a.m. 6/13 Initial Claims
10:00 a.m. May Leading Indicators
10:00 a.m. Jun Philadelphia Fed
EARNINGS EXPECTED TODAY (w/current estimates) --------------------
CCL 0.29
DFS -0.28
SJM 0.63
PIR -0.36
RIMM 0.94
WBD 0.00
WGO -0.27
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
risk and are not suitable for all investors and investing in
options carries substantial risk. Prior to buying or selling
