MORNING UPDATE: PriceWatch Alerts for AMZN and More...
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MORNING UPDATE: PriceWatch Alerts for AMZN, IBM, DOW, and More...
April 30, 9:00 AM ET - PriceWatch Alerts for AMZN, HSP, ACN, PKG,
NAV, IBM, BIIB, STJ, NIHD, ARCO, DOW, WDC, INTU, RSG and RMD,
Market Overview, News Leaders and Laggards, Today's Economic
Calendar, and Index Support & Resistance Levels.
PriceWatch Alerts for AMZN, HSP, ACN, PKG, NAV, IBM, BIIB, STJ,
NIHD, ARCO, DOW, WDC, INTU, RSG and RMD
Amazon (NASDAQ: AMZN) has been identified by InvestorsObserver
analysts as being well-positioned for a new covered call today.
Buying the stock for $249.74 while selling the July $250.00 call
will produce a new covered call with a break-even point around
$237.09. At that price, this position has a target return of 5.4%.
This trade will have roughly 5.1% downside protection, while still
aiming for a 5.4% return in 81 days. It will lock in that return
as long as Amazon is above $250.00 on 7/20/2013. For comparison
purposes only, this AMZN covered call aims for an annualized
return rate of 24.5%.
Hospira (NYSE: HSP) has been selected by InvestorsObserver
analysts as a stock that is an ideal candidate for a new covered
call today. Buying the stock for $33.42 while simultaneously
selling the November $30.00 call will result in a new position
with a target return of 5.6%. Based on recent prices, this
position will cost about $28.42, which is also the trade?s
breakeven point. At that level, this covered call has 15.0%
downside protection, while still providing a 5.6% return in 200
days as long as HSP is above $30.00 on 11/16/2013. For comparison
purposes only, this Hospira covered call aims for an annualized
return rate of 10.1%.
Accenture (NYSE: ACN) has been chosen by InvestorsObserver
analysts as a candidate for a new covered call today. Selling the
August $82.50 call while at the same time buying ACN stock for
$81.13 will produce a new covered call with a target return of
5.3%. Based on recent data, this trade will cost about $78.38,
which is also the covered call?s breakeven point. At that price,
this covered call has 3.4% downside protection, while seeking an
assigned return of 5.3% return in 109 days. If ACN is higher than
$82.50 on 8/17/2013, we are assured that simple return. For
comparison purposes only, that equates to an annualized return
rate of 17.6%.
Packaging Corp (NYSE: PKG) has been selected by InvestorsObserver
analysts as a stock that is a strong candidate for a new covered
call today. Selling the July $47.50 call while simultaneously
buying PKG stock for $47.13 will result in a new position with a
break-even point around $45.58. At that price, this position has a
target return of 4.2%. This trade has 3.3% downside protection,
while still providing a 4.2% return in 81 days as long as PKG is
above $47.50 on 7/20/2013. For comparison purposes only, this
Packaging Corp covered call targets an annualized return rate of
19.0%.
Navistar (NYSE: NAV) has been identified by InvestorsObserver
analysts as being well-positioned for a new covered call today.
Buying the stock for $34.00 while selling the July $34.00 call
will produce a new covered call with a break-even point around
$31.00. At that price, this position has a target return of 9.7%.
This trade will have roughly 8.8% downside protection, while still
aiming for a 9.7% return in 81 days. It will lock in that return
as long as Navistar is above $34.00 on 7/20/2013. For comparison
purposes only, this NAV covered call aims for an annualized return
rate of 43.6%.
International Business Machines (NYSE: IBM) has been identified by
InvestorsObserver analysts as being well-positioned for a new
covered call today. Buying the stock for $199.15 while selling the
October $205.00 call will produce a new covered call with a break-
even point around $193.40. At that price, this position has a
target return of 6.0%. This trade will have roughly 2.9% downside
protection, while still aiming for a 6.0% return in 172 days. It
will lock in that return as long as International Business
Machines is above $205.00 on 10/19/2013. For comparison purposes
only, this IBM covered call aims for an annualized return rate of
12.7%.
Biogen Idec (NASDAQ: BIIB) has been selected by InvestorsObserver
analysts as a stock that is an ideal candidate for a new covered
call today. Buying the stock for $223.61 while simultaneously
selling the July $220.00 call will result in a new position with a
target return of 4.9%. Based on recent prices, this position will
cost about $209.71, which is also the trade?s breakeven point. At
that level, this covered call has 6.2% downside protection, while
still providing a 4.9% return in 81 days as long as BIIB is above
$220.00 on 7/20/2013. For comparison purposes only, this Biogen
Idec covered call aims for an annualized return rate of 22.1%.
St Jude Medical (NYSE: STJ) has been chosen by InvestorsObserver
analysts as a candidate for a new covered call today. Selling the
October $41.00 call while at the same time buying STJ stock for
$41.68 will produce a new covered call with a target return of
6.0%. Based on recent data, this trade will cost about $38.68,
which is also the covered call?s breakeven point. At that price,
this covered call has 7.2% downside protection, while seeking an
assigned return of 6.0% return in 172 days. If STJ is higher than
$41.00 on 10/19/2013, we are assured that simple return. For
comparison purposes only, that equates to an annualized return
rate of 12.7%.
NII (NASDAQ: NIHD) has been selected by InvestorsObserver analysts
as a stock that is a strong candidate for a new covered call
today. Selling the September $9.00 call while simultaneously
buying NIHD stock for $9.31 will result in a new position with a
break-even point around $7.51. At that price, this position has a
target return of 19.8%. This trade has 19.3% downside protection,
while still providing a 19.8% return in 144 days as long as NIHD
is above $9.00 on 9/21/2013. For comparison purposes only, this
NII covered call targets an annualized return rate of 50.3%.
Arcos Dorados (NYSE: ARCO) has been identified by
InvestorsObserver analysts as being well-positioned for a new
covered call today. Buying the stock for $13.22 while selling the
November $12.50 call will produce a new covered call with a break-
even point around $11.47. At that price, this position has a
target return of 9.0%. This trade will have roughly 13.2% downside
protection, while still aiming for a 9.0% return in 200 days. It
will lock in that return as long as Arcos Dorados is above $12.50
on 11/16/2013. For comparison purposes only, this ARCO covered
call aims for an annualized return rate of 16.4%.
Dow Chemical (NYSE: DOW) has been selected by InvestorsObserver
analysts as a stock that is an ideal candidate for a new covered
call today. Buying the stock for $33.87 while simultaneously
selling the September $33.00 call will result in a new position
with a target return of 4.5%. Based on recent prices, this
position will cost about $31.59, which is also the trade?s
breakeven point. At that level, this covered call has 6.7%
downside protection, while still providing a 4.5% return in 144
days as long as DOW is above $33.00 on 9/21/2013. For comparison
purposes only, this Dow Chemical covered call aims for an
annualized return rate of 11.3%.
Western Digital (NYSE: WDC) has been chosen by InvestorsObserver
analysts as a candidate for a new covered call today. Selling the
July $55.00 call while at the same time buying WDC stock for
$54.12 will produce a new covered call with a target return of
7.0%. Based on recent data, this trade will cost about $51.42,
which is also the covered call?s breakeven point. At that price,
this covered call has 5.0% downside protection, while seeking an
assigned return of 7.0% return in 81 days. If WDC is higher than
$55.00 on 7/20/2013, we are assured that simple return. For
comparison purposes only, that equates to an annualized return
rate of 31.4%.
Intuit (NASDAQ: INTU) has been selected by InvestorsObserver
analysts as a stock that is a strong candidate for a new covered
call today. Selling the October $60.00 call while simultaneously
buying INTU stock for $60.94 will result in a new position with a
break-even point around $56.94. At that price, this position has a
target return of 5.4%. This trade has 6.6% downside protection,
while still providing a 5.4% return in 172 days as long as INTU is
above $60.00 on 10/19/2013. For comparison purposes only, this
Intuit covered call targets an annualized return rate of 11.4%.
Republic Services (NYSE: RSG) has been identified by
InvestorsObserver analysts as being well-positioned for a new
covered call today. Buying the stock for $33.67 while selling the
October $35.00 call will produce a new covered call with a break-
even point around $32.67. At that price, this position has a
target return of 7.1%. This trade will have roughly 3.0% downside
protection, while still aiming for a 7.1% return in 172 days. It
will lock in that return as long as Republic Services is above
$35.00 on 10/19/2013. For comparison purposes only, this RSG
covered call aims for an annualized return rate of 15.1%.
ResMed (NYSE: RMD) has been selected by InvestorsObserver analysts
as a stock that is an ideal candidate for a new covered call
today. Buying the stock for $47.18 while simultaneously selling
the October $45.00 call will result in a new position with a
target return of 4.9%. Based on recent prices, this position will
cost about $42.88, which is also the trade?s breakeven point. At
that level, this covered call has 9.1% downside protection, while
still providing a 4.9% return in 172 days as long as RMD is above
$45.00 on 10/19/2013. For comparison purposes only, this ResMed
covered call aims for an annualized return rate of 10.5%.
*Annualized returns are shown for comparison purposes only
Are you looking for a more conservative strategy that solves the
pitfalls that come with covered calls investing? Check out our
RadioActive Home Study Kit
(http://www.poweropt.com/psDetails.asp?pid=25)! Learn how to
limit your risks in any trade and keep your upside open ? 'Cut
your losers short and let your winners run'. These limited risk
techniques have saved investors thousands of dollars during
unexpected market downturns and Black Swan events. The
RadioActive Home Study Kit teaches the proper limited risk trade
setup and the 10 different Income Methods that are used to lower
the initial risk, potentially bulletproof your stock positions and
earn extra income. The RadioActive Home Study Kit comes with a
money back guarantee and a free month of access to the patented
PowerOptions Suite of Tools!
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!
NOTE: All stocks and options shown are examples only. These are
not recommendations to buy or sell any security.
NEWS LEADERS AND LAGGARDS
Avon Products (AVP), Best Buy (BBY) and Deutsche Bank (DB) are
headed higher to start the morning, while Nuance Communications
(NUAN), Pitney Bowes (PBI) and Riverbed Technologies (RVBD) are
headed lower. Century Aluminum (CENX) was upgraded by analysts,
while Plum Creek Timber (PCL) and CapitalSource (CSE) received
downgrades.
MARKET OVERVIEW
Internationally, in Asia, stock markets were mostly higher
overnight, with the Nikkei 225 the only one to stick out in the
opposite direction. Tokyo was down 0.2%, while Australia gained
1.2%, Taiwan rose 0.8% and Hong Kong was up 0.7%. Shanghai
remained closed for a holiday. Japanese industrial production rose
0.2% in March, but analysts were looking for twice that amount.
European markets have produced mixed results so far today. The
German DAX is up 0.6% and Swiss Market Index has gained 0.1% so
far today, but the Euronext 100 is down 0.3% and the French CAC 40
is also in the red. UBS (UBS) gained upwards of 6% after reporting
earnings.
In commodities, crude oil is down this morning, but still within
the bounds of its upward trend. West Texas Intermediate crude is
trading near $93.70, down 0.8%. Heating oil and gasoline are each
down a little more than a penny, while natural gas is off almost
1% this morning at $4.35 after gaining 5% in the past two trading
sessions. In metals, gold is just about unchanged so far today
along with platinum and silver. Copper is down 0.9%. The US Dollar
is weaker again against the Yen, but stronger against the Euro.
Bitcoins are at $144 at last check.
PUT/CALL RATIO
Yesterday, 813,769 equity call contracts traded on the Chicago
Board Options Exchange (CBOE) compared to 475,108 put contracts.
The single-session put/call was 0.58, while the 20-day moving
average was 0.67.
SUPPORT & RESISTANCE LEVELS
The S&P 500 Depository Receipts (SPY) ETF has support at $153.55,
and resistance at $160.00. The Nasdaq 100 (QQQ) has support at
$66.85 and resistance at $70.50.
TODAY'S ECONOMIC CALENDAR
8:30 A.M. Q1 Employment Cost Index
9:00 A.M. Feb Case-Shiller Index
9:45 A.M. Apr Chicago PMI
10:00 A.M. Apr Consumer Confidence
EARNINGS EXPECTED TODAY
AET
GAS
DOX
AVB
AVP
CMI
ECL
EIX
ESV
FIS
FISV
FMC
BEN
GNW
HRS
HCBK
IVZ
LM
MPC
MHP
MWV
NEE
NI
NYX
OKE
PFE
PBI
PEG
QEP
HOT
TE
THC
X
VLO
WU
WEC
XYL
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 in Up,
Down, and Flat Markets -> Get Started with InvestosObserver's 100%
Free Essentials Service: http://www.poweropt.com/io
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
MORNING UPDATE: PriceWatch Alerts for AMZN, IBM, DOW, and More...
April 30, 9:00 AM ET - PriceWatch Alerts for AMZN, HSP, ACN, PKG,
NAV, IBM, BIIB, STJ, NIHD, ARCO, DOW, WDC, INTU, RSG and RMD,
Market Overview, News Leaders and Laggards, Today's Economic
Calendar, and Index Support & Resistance Levels.
PriceWatch Alerts for AMZN, HSP, ACN, PKG, NAV, IBM, BIIB, STJ,
NIHD, ARCO, DOW, WDC, INTU, RSG and RMD
Amazon (NASDAQ: AMZN) has been identified by InvestorsObserver
analysts as being well-positioned for a new covered call today.
Buying the stock for $249.74 while selling the July $250.00 call
will produce a new covered call with a break-even point around
$237.09. At that price, this position has a target return of 5.4%.
This trade will have roughly 5.1% downside protection, while still
aiming for a 5.4% return in 81 days. It will lock in that return
as long as Amazon is above $250.00 on 7/20/2013. For comparison
purposes only, this AMZN covered call aims for an annualized
return rate of 24.5%.
Hospira (NYSE: HSP) has been selected by InvestorsObserver
analysts as a stock that is an ideal candidate for a new covered
call today. Buying the stock for $33.42 while simultaneously
selling the November $30.00 call will result in a new position
with a target return of 5.6%. Based on recent prices, this
position will cost about $28.42, which is also the trade?s
breakeven point. At that level, this covered call has 15.0%
downside protection, while still providing a 5.6% return in 200
days as long as HSP is above $30.00 on 11/16/2013. For comparison
purposes only, this Hospira covered call aims for an annualized
return rate of 10.1%.
Accenture (NYSE: ACN) has been chosen by InvestorsObserver
analysts as a candidate for a new covered call today. Selling the
August $82.50 call while at the same time buying ACN stock for
$81.13 will produce a new covered call with a target return of
5.3%. Based on recent data, this trade will cost about $78.38,
which is also the covered call?s breakeven point. At that price,
this covered call has 3.4% downside protection, while seeking an
assigned return of 5.3% return in 109 days. If ACN is higher than
$82.50 on 8/17/2013, we are assured that simple return. For
comparison purposes only, that equates to an annualized return
rate of 17.6%.
Packaging Corp (NYSE: PKG) has been selected by InvestorsObserver
analysts as a stock that is a strong candidate for a new covered
call today. Selling the July $47.50 call while simultaneously
buying PKG stock for $47.13 will result in a new position with a
break-even point around $45.58. At that price, this position has a
target return of 4.2%. This trade has 3.3% downside protection,
while still providing a 4.2% return in 81 days as long as PKG is
above $47.50 on 7/20/2013. For comparison purposes only, this
Packaging Corp covered call targets an annualized return rate of
19.0%.
Navistar (NYSE: NAV) has been identified by InvestorsObserver
analysts as being well-positioned for a new covered call today.
Buying the stock for $34.00 while selling the July $34.00 call
will produce a new covered call with a break-even point around
$31.00. At that price, this position has a target return of 9.7%.
This trade will have roughly 8.8% downside protection, while still
aiming for a 9.7% return in 81 days. It will lock in that return
as long as Navistar is above $34.00 on 7/20/2013. For comparison
purposes only, this NAV covered call aims for an annualized return
rate of 43.6%.
International Business Machines (NYSE: IBM) has been identified by
InvestorsObserver analysts as being well-positioned for a new
covered call today. Buying the stock for $199.15 while selling the
October $205.00 call will produce a new covered call with a break-
even point around $193.40. At that price, this position has a
target return of 6.0%. This trade will have roughly 2.9% downside
protection, while still aiming for a 6.0% return in 172 days. It
will lock in that return as long as International Business
Machines is above $205.00 on 10/19/2013. For comparison purposes
only, this IBM covered call aims for an annualized return rate of
12.7%.
Biogen Idec (NASDAQ: BIIB) has been selected by InvestorsObserver
analysts as a stock that is an ideal candidate for a new covered
call today. Buying the stock for $223.61 while simultaneously
selling the July $220.00 call will result in a new position with a
target return of 4.9%. Based on recent prices, this position will
cost about $209.71, which is also the trade?s breakeven point. At
that level, this covered call has 6.2% downside protection, while
still providing a 4.9% return in 81 days as long as BIIB is above
$220.00 on 7/20/2013. For comparison purposes only, this Biogen
Idec covered call aims for an annualized return rate of 22.1%.
St Jude Medical (NYSE: STJ) has been chosen by InvestorsObserver
analysts as a candidate for a new covered call today. Selling the
October $41.00 call while at the same time buying STJ stock for
$41.68 will produce a new covered call with a target return of
6.0%. Based on recent data, this trade will cost about $38.68,
which is also the covered call?s breakeven point. At that price,
this covered call has 7.2% downside protection, while seeking an
assigned return of 6.0% return in 172 days. If STJ is higher than
$41.00 on 10/19/2013, we are assured that simple return. For
comparison purposes only, that equates to an annualized return
rate of 12.7%.
NII (NASDAQ: NIHD) has been selected by InvestorsObserver analysts
as a stock that is a strong candidate for a new covered call
today. Selling the September $9.00 call while simultaneously
buying NIHD stock for $9.31 will result in a new position with a
break-even point around $7.51. At that price, this position has a
target return of 19.8%. This trade has 19.3% downside protection,
while still providing a 19.8% return in 144 days as long as NIHD
is above $9.00 on 9/21/2013. For comparison purposes only, this
NII covered call targets an annualized return rate of 50.3%.
Arcos Dorados (NYSE: ARCO) has been identified by
InvestorsObserver analysts as being well-positioned for a new
covered call today. Buying the stock for $13.22 while selling the
November $12.50 call will produce a new covered call with a break-
even point around $11.47. At that price, this position has a
target return of 9.0%. This trade will have roughly 13.2% downside
protection, while still aiming for a 9.0% return in 200 days. It
will lock in that return as long as Arcos Dorados is above $12.50
on 11/16/2013. For comparison purposes only, this ARCO covered
call aims for an annualized return rate of 16.4%.
Dow Chemical (NYSE: DOW) has been selected by InvestorsObserver
analysts as a stock that is an ideal candidate for a new covered
call today. Buying the stock for $33.87 while simultaneously
selling the September $33.00 call will result in a new position
with a target return of 4.5%. Based on recent prices, this
position will cost about $31.59, which is also the trade?s
breakeven point. At that level, this covered call has 6.7%
downside protection, while still providing a 4.5% return in 144
days as long as DOW is above $33.00 on 9/21/2013. For comparison
purposes only, this Dow Chemical covered call aims for an
annualized return rate of 11.3%.
Western Digital (NYSE: WDC) has been chosen by InvestorsObserver
analysts as a candidate for a new covered call today. Selling the
July $55.00 call while at the same time buying WDC stock for
$54.12 will produce a new covered call with a target return of
7.0%. Based on recent data, this trade will cost about $51.42,
which is also the covered call?s breakeven point. At that price,
this covered call has 5.0% downside protection, while seeking an
assigned return of 7.0% return in 81 days. If WDC is higher than
$55.00 on 7/20/2013, we are assured that simple return. For
comparison purposes only, that equates to an annualized return
rate of 31.4%.
Intuit (NASDAQ: INTU) has been selected by InvestorsObserver
analysts as a stock that is a strong candidate for a new covered
call today. Selling the October $60.00 call while simultaneously
buying INTU stock for $60.94 will result in a new position with a
break-even point around $56.94. At that price, this position has a
target return of 5.4%. This trade has 6.6% downside protection,
while still providing a 5.4% return in 172 days as long as INTU is
above $60.00 on 10/19/2013. For comparison purposes only, this
Intuit covered call targets an annualized return rate of 11.4%.
Republic Services (NYSE: RSG) has been identified by
InvestorsObserver analysts as being well-positioned for a new
covered call today. Buying the stock for $33.67 while selling the
October $35.00 call will produce a new covered call with a break-
even point around $32.67. At that price, this position has a
target return of 7.1%. This trade will have roughly 3.0% downside
protection, while still aiming for a 7.1% return in 172 days. It
will lock in that return as long as Republic Services is above
$35.00 on 10/19/2013. For comparison purposes only, this RSG
covered call aims for an annualized return rate of 15.1%.
ResMed (NYSE: RMD) has been selected by InvestorsObserver analysts
as a stock that is an ideal candidate for a new covered call
today. Buying the stock for $47.18 while simultaneously selling
the October $45.00 call will result in a new position with a
target return of 4.9%. Based on recent prices, this position will
cost about $42.88, which is also the trade?s breakeven point. At
that level, this covered call has 9.1% downside protection, while
still providing a 4.9% return in 172 days as long as RMD is above
$45.00 on 10/19/2013. For comparison purposes only, this ResMed
covered call aims for an annualized return rate of 10.5%.
*Annualized returns are shown for comparison purposes only
Are you looking for a more conservative strategy that solves the
pitfalls that come with covered calls investing? Check out our
RadioActive Home Study Kit
(http://www.poweropt.com/psDetails.asp?pid=25)! Learn how to
limit your risks in any trade and keep your upside open ? 'Cut
your losers short and let your winners run'. These limited risk
techniques have saved investors thousands of dollars during
unexpected market downturns and Black Swan events. The
RadioActive Home Study Kit teaches the proper limited risk trade
setup and the 10 different Income Methods that are used to lower
the initial risk, potentially bulletproof your stock positions and
earn extra income. The RadioActive Home Study Kit comes with a
money back guarantee and a free month of access to the patented
PowerOptions Suite of Tools!
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!
NOTE: All stocks and options shown are examples only. These are
not recommendations to buy or sell any security.
NEWS LEADERS AND LAGGARDS
Avon Products (AVP), Best Buy (BBY) and Deutsche Bank (DB) are
headed higher to start the morning, while Nuance Communications
(NUAN), Pitney Bowes (PBI) and Riverbed Technologies (RVBD) are
headed lower. Century Aluminum (CENX) was upgraded by analysts,
while Plum Creek Timber (PCL) and CapitalSource (CSE) received
downgrades.
MARKET OVERVIEW
Internationally, in Asia, stock markets were mostly higher
overnight, with the Nikkei 225 the only one to stick out in the
opposite direction. Tokyo was down 0.2%, while Australia gained
1.2%, Taiwan rose 0.8% and Hong Kong was up 0.7%. Shanghai
remained closed for a holiday. Japanese industrial production rose
0.2% in March, but analysts were looking for twice that amount.
European markets have produced mixed results so far today. The
German DAX is up 0.6% and Swiss Market Index has gained 0.1% so
far today, but the Euronext 100 is down 0.3% and the French CAC 40
is also in the red. UBS (UBS) gained upwards of 6% after reporting
earnings.
In commodities, crude oil is down this morning, but still within
the bounds of its upward trend. West Texas Intermediate crude is
trading near $93.70, down 0.8%. Heating oil and gasoline are each
down a little more than a penny, while natural gas is off almost
1% this morning at $4.35 after gaining 5% in the past two trading
sessions. In metals, gold is just about unchanged so far today
along with platinum and silver. Copper is down 0.9%. The US Dollar
is weaker again against the Yen, but stronger against the Euro.
Bitcoins are at $144 at last check.
PUT/CALL RATIO
Yesterday, 813,769 equity call contracts traded on the Chicago
Board Options Exchange (CBOE) compared to 475,108 put contracts.
The single-session put/call was 0.58, while the 20-day moving
average was 0.67.
SUPPORT & RESISTANCE LEVELS
The S&P 500 Depository Receipts (SPY) ETF has support at $153.55,
and resistance at $160.00. The Nasdaq 100 (QQQ) has support at
$66.85 and resistance at $70.50.
TODAY'S ECONOMIC CALENDAR
8:30 A.M. Q1 Employment Cost Index
9:00 A.M. Feb Case-Shiller Index
9:45 A.M. Apr Chicago PMI
10:00 A.M. Apr Consumer Confidence
EARNINGS EXPECTED TODAY
AET
GAS
DOX
AVB
AVP
CMI
ECL
EIX
ESV
FIS
FISV
FMC
BEN
GNW
HRS
HCBK
IVZ
LM
MPC
MHP
MWV
NEE
NI
NYX
OKE
PFE
PBI
PEG
QEP
HOT
TE
THC
X
VLO
WU
WEC
XYL
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 in Up,
Down, and Flat Markets -> Get Started with InvestosObserver's 100%
Free Essentials Service: http://www.poweropt.com/io
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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
