MORNING UPDATE: PriceWatch Alerts for GS and More...
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New PriceWatch Alerts for GS, PG, QCOM, PBR, DIS, and More...
June 17, 8:30 AM EST - Before the open... PriceWatch Alerts for GS,
PG, QCOM, PBR, DIS, JLL, FL, MOS, DWA, and PHG, Market Overview,
News Leaders and Laggards, Today's Economic Calendar, and Index
Support & Resistance Levels.
New PriceWatch Alerts for GS, PG, QCOM, PBR, DIS, JLL, FL, MOS,
DWA, and PHG
PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS--------------
-- Goldman Sachs Group Inc. (NYSE: GS)
Last Price 144.16 - JUL 140.00 CALL OPTION@ $9.95 -> 4.3% Return
(50.8% Annualized) assigned*
-- Procter & Gamble Co. (NYSE: PG)
Last Price 50.10 - OCT 50.00 CALL OPTION@ $2.90 -> 5.9% Return
(17.7% Annualized) assigned*
-- Mosaic Co. (NYSE: MOS)
Last Price 51.21 - JUL 50.00 CALL OPTION@ $4.30 -> 6.6% Return
(77.6% Annualized) assigned*
-- DreamWorks Animation SKG Inc. (Nasdaq: DWA)
Last Price 26.96 - SEP 25.00 CALL OPTION@ $3.30 -> 5.7% Return
(22.0% Annualized) assigned*
-- Koninklijke Philips Electronics NV (NYSE: PHG)
Last Price 18.09 - OCT 17.50 CALL OPTION@ $2.15 -> 9.8% Return
(29.3% Annualized) assigned*
-- QUALCOMM Inc. (Nasdaq: QCOM)
Last Price 43.45 - OCT 42.50 CALL OPTION@ $4.20 -> 8.3% Return
(24.8% Annualized) assigned*
-- Petroleo Brasileiro (NYSE: PBR)
Last Price 41.10 - JUL 40.00 CALL OPTION@ $3.00 -> 5.0% Return
(58.7% Annualized) assigned*
-- Walt Disney Co. (NYSE: DIS)
Last Price 23.49 - OCT 22.50 CALL OPTION@ $2.65 -> 8.0% Return
(23.8% Annualized) assigned*
-- Jones Lang Lasalle Inc. (NYSE: JLL)
Last Price 32.25 - JUL 22.50 CALL OPTION@ $3.50 -> 4.3% Return
(51.2% Annualized) assigned*
-- Foot Locker Inc. (NYSE: FL)
Last Price 10.28 - NOV 10.00 CALL OPTION@ $1.50 -> 13.9% Return
(32.7% 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-----------------------------------------
So far this morning, Qualcomm, Reynolds American, Inc., and Watson
Pharmaceuticals lead the list of companies with positive news,
while FedEx, Adobe Systems, and E-Trade Financial lead the list of
companies with negative news. Savient Pharmaceutical, Kindred
Healthcare, and Neutral Tandem were upgraded this morning, while
Cummins, Unilever PLC, and New York & Co. were downgraded.
MARKET OVERVIEW---------------------------------------------------
Overseas trading is pointed lower this morning, as only two of the
10 foreign indices that we track are in positive territory. The
cumulative average return on the collective stands at a loss of
0.68%. Trading in Asia finished mostly lower on Wednesday, as
investors remained wary of the size of recent stock market gains.
Across the pond in Europe, stocks edged lower with mineral
extractors declining as investors worried about the economic
backdrop.
Crude futures extended their journey into the red on Tuesday,
reversing early strength garnered from a falling U.S. dollar. In
addition, traders continued taking profits ahead of the Energy
Information Administration?s (EIA) inventory data, slated to hit
the Street at 10:30 a.m. today.
PUT/CALL RATIO ---------------------------------------------------
Equity option activity on the Chicago Board Options Exchange (CBOE)
saw 1,409,961 call contracts traded on Tuesday, compared to
1,122,648 put contracts. The resultant single-session put/call
ratio arrived at 0.80, 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 $88.25 and resistance around $96.10. For the Nasdaq 100 (QQQQ),
support is near $33.20 and resistance is around $37.25.
TODAY'S ECONOMIC CALENDAR ----------------------------------------
8:30 a.m. May CPI
8:30 a.m. Q1 Current Account Balance
10:30 a.m. 6/12 Crude Inventories
EARNINGS EXPECTED TODAY (w/current estimates) --------------------
FDX 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.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 GS, PG, QCOM, PBR, DIS, and More...
June 17, 8:30 AM EST - Before the open... PriceWatch Alerts for GS,
PG, QCOM, PBR, DIS, JLL, FL, MOS, DWA, and PHG, Market Overview,
News Leaders and Laggards, Today's Economic Calendar, and Index
Support & Resistance Levels.
New PriceWatch Alerts for GS, PG, QCOM, PBR, DIS, JLL, FL, MOS,
DWA, and PHG
PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS--------------
-- Goldman Sachs Group Inc. (NYSE: GS)
Last Price 144.16 - JUL 140.00 CALL OPTION@ $9.95 -> 4.3% Return
(50.8% Annualized) assigned*
-- Procter & Gamble Co. (NYSE: PG)
Last Price 50.10 - OCT 50.00 CALL OPTION@ $2.90 -> 5.9% Return
(17.7% Annualized) assigned*
-- Mosaic Co. (NYSE: MOS)
Last Price 51.21 - JUL 50.00 CALL OPTION@ $4.30 -> 6.6% Return
(77.6% Annualized) assigned*
-- DreamWorks Animation SKG Inc. (Nasdaq: DWA)
Last Price 26.96 - SEP 25.00 CALL OPTION@ $3.30 -> 5.7% Return
(22.0% Annualized) assigned*
-- Koninklijke Philips Electronics NV (NYSE: PHG)
Last Price 18.09 - OCT 17.50 CALL OPTION@ $2.15 -> 9.8% Return
(29.3% Annualized) assigned*
-- QUALCOMM Inc. (Nasdaq: QCOM)
Last Price 43.45 - OCT 42.50 CALL OPTION@ $4.20 -> 8.3% Return
(24.8% Annualized) assigned*
-- Petroleo Brasileiro (NYSE: PBR)
Last Price 41.10 - JUL 40.00 CALL OPTION@ $3.00 -> 5.0% Return
(58.7% Annualized) assigned*
-- Walt Disney Co. (NYSE: DIS)
Last Price 23.49 - OCT 22.50 CALL OPTION@ $2.65 -> 8.0% Return
(23.8% Annualized) assigned*
-- Jones Lang Lasalle Inc. (NYSE: JLL)
Last Price 32.25 - JUL 22.50 CALL OPTION@ $3.50 -> 4.3% Return
(51.2% Annualized) assigned*
-- Foot Locker Inc. (NYSE: FL)
Last Price 10.28 - NOV 10.00 CALL OPTION@ $1.50 -> 13.9% Return
(32.7% 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-----------------------------------------
So far this morning, Qualcomm, Reynolds American, Inc., and Watson
Pharmaceuticals lead the list of companies with positive news,
while FedEx, Adobe Systems, and E-Trade Financial lead the list of
companies with negative news. Savient Pharmaceutical, Kindred
Healthcare, and Neutral Tandem were upgraded this morning, while
Cummins, Unilever PLC, and New York & Co. were downgraded.
MARKET OVERVIEW---------------------------------------------------
Overseas trading is pointed lower this morning, as only two of the
10 foreign indices that we track are in positive territory. The
cumulative average return on the collective stands at a loss of
0.68%. Trading in Asia finished mostly lower on Wednesday, as
investors remained wary of the size of recent stock market gains.
Across the pond in Europe, stocks edged lower with mineral
extractors declining as investors worried about the economic
backdrop.
Crude futures extended their journey into the red on Tuesday,
reversing early strength garnered from a falling U.S. dollar. In
addition, traders continued taking profits ahead of the Energy
Information Administration?s (EIA) inventory data, slated to hit
the Street at 10:30 a.m. today.
PUT/CALL RATIO ---------------------------------------------------
Equity option activity on the Chicago Board Options Exchange (CBOE)
saw 1,409,961 call contracts traded on Tuesday, compared to
1,122,648 put contracts. The resultant single-session put/call
ratio arrived at 0.80, 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 $88.25 and resistance around $96.10. For the Nasdaq 100 (QQQQ),
support is near $33.20 and resistance is around $37.25.
TODAY'S ECONOMIC CALENDAR ----------------------------------------
8:30 a.m. May CPI
8:30 a.m. Q1 Current Account Balance
10:30 a.m. 6/12 Crude Inventories
EARNINGS EXPECTED TODAY (w/current estimates) --------------------
FDX 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.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
