MORNING UPDATE: Mankus-Lavelle Group Issues Alerts for TIVO, KRB,
WB, DG, and CHS
CHICAGO, May 31 /PRNewswire/ -- Mankus-Lavelle Group issues the following
Morning Update at 8:30 AM EDT with new PriceWatch Alerts for key stocks.
Before the open... PriceWatch Alerts for TIVO, KRB, WB, DG, and CHS, Market
Overview, Today's Economic Calendar, and the Quote Of The Day.
QUOTE OF THE DAY "Our best assessment is that the economy continues to be on a solid growth
path." -- Michael Moskow, President, Chicago Federal Reserve Bank New PriceWatch Alerts for TIVO, KRB, WB, DG, and CHS...
PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS
-- TiVo Inc. (NASDAQ:TIVO)
Last Price 6.73 - NOV 5.00 CALL OPTION@ $2.00 -> 5.7 % Return assigned*
-- MBNA Corp. (NYSE:KRB)
Last Price 21.35 - SEP 20.00 CALL OPTION@ $2.20 -> 4.4 % Return
assigned*
-- Wachovia Corp. (NYSE:WB)
Last Price 51.04 - OCT 50.00 CALL OPTION@ $3.10 -> 4.3 % Return
assigned*
-- Dollar General Corp. (NYSE:DG)
Last Price 19.83 - AUG 20.00 CALL OPTION@ $0.75 -> 4.8 % Return
assigned*
-- Chico's FAS, Inc. (NYSE:CHS)
Last Price 33.85 - NOV 30.00 CALL OPTION@ $5.70 -> 6.6 % Return
assigned* * To learn more about how to use these alerts and for FREE Access to the Market
Intelligence Center where you will find the news, insight and intelligence that
can make a difference in the way you invest, go to:
http://www.investorsobserver.com/FreeMIC (Note: You may need to copy the link above into your browser then press the
[ENTER] key) ** For our FREE report, "The 18 Warning Signs That Tell You When To Dump A
Stock", go to: http://www.investorsobserver.com/mu18 NOTE: All stocks and options shown are examples only. These are not
recommendations to buy or sell any security.
NEWS LEADERS AND LAGGARDS So far today, American International Group, Inc., Corning Inc., and TIBCO
Software Inc. lead the list of companies with the most news stories while
Advanced Medical Optics Inc. and First Marblehead Corp. are showing a spike in
news. Intel Corp., Wal-Mart Stores Inc., and Hovnanian Enterprises Inc. have
the highest srtIndex scores to top the list of companies with positive news
while Frontline Ltd. and Starbucks Corp. lead the list of companies with
negative news reports. Take-Two Interactive Software Inc. has popped up with a
high positive news sraIndex score.
For the FREE article titled, "Earnings Season Decoded - An Essential 15 Point
Checklist For Finding Winning Stocks." go to:
http://www.wallstreetsecretsplus.com/go/freemu/ MARKET OVERVIEW European shares have edged lower, due to the European Union (EU) referendum's
failure over the past weekend. The French CAC 40 index dropped 0.1 percent to
4,130, Germany's DAX 30 fell 0.3 percent to 4,467, and the Dutch AEX slipped
0.4 percent to 366.83. In the U.K., the FTSE 100 dropped 0.1 percent, falling
to 4,984 on a decline in pharmaceutical and oil stocks. Asian stock markets
moved slightly higher on Tuesday, the Nikkei 225 tacked on 0.1 percent to
11,276.59, while the Topix index of the Tokyo Stock Exchange rose for the third
straight day, adding 0.2 percent to 1,144.33.
The U.S. Dollar Index added 67 cents and the euro has dropped to an eight-
month low against the American dollar over the announcement of Dominique
Villepin as France's new prime minister and France's rejection of the EU
constitution. On Sunday, voters overwhelmingly rejected the EU constitution,
prompting the resignation of Jean-Pierre Raffarin, who was replaced by interior
minister Villepin. The overwhelming margin of the "no" majority makes it
unlikely that the referendum may be accepted at a later date.
Be prepared for the investing week ahead with Bernie Schaeffer's FREE Monday
Morning Outlook. For more details and to sign up, go to:
http://www.investorsobserver.com/freemo DYNAMIC MARKET OPPORTUNITIES While last Friday's pre-holiday weekend stock market action was traditionally
tepid, good news came in the shape of US income and spending data. With a 0.7%
rise in April income (up 7% since April 2004), Americans sent spending up 0.6%. Following a 0.9% rise in March, economists had projected a 0.8% gain.
Nevertheless, it was the third straight month in which spending rose.
Meanwhile, a remarkable earnings report from US homebuilder Toll Brothers
provided more evidence that the housing market remains very strong. While
"experts" have long since proclaimed the market should be falling (or is about
to), Toll Brothers' revenues surged 52% to US$1.25 billion for the three-month
period to April 30. That produced net income of US$170.1 million (US$2.01 per
share) -- a 135% leap from US$72.4 million (89 cents per share) a year earlier. Year-to-date, Toll Brother's shares have gained around 33% and 131% since the
end of 2003. Thanks to a strong order backlog of 8,561 homes worth US$5.7
billion -- the highest in Toll Brothers' history -- the company also upped its
fiscal 2005 net income growth guidance to 70% from the 60% forecast in
February. For 2006, the company expects net income to rise 20% above 2005
numbers. The news came after April saw housing starts climb 11%, existing home
sales rise 4.5% and new home sales hit an annualized record of 3.16 million.
Read more analysis from the 247Profits Group every trading day with the FREE
247Profits e-Dispatch, featuring insightful economic commentary, profitable
investment recommendations, and full access to a leading team of financial
experts. Register for free here: http://www.247profits.com/enter.html TODAY'S ECONOMIC CALENDAR
10:00 A.M. May Conference Board Consumer Confidence Index
10:00 A.M. May Chicago Purchasing Managers Index
5:00 P.M. May 28 ABC/Washington Post Consumer Confidence Index The Mankus-Lavelle Group is an independent brokerage branch of brokersXpress,
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CRD# 127081 This Morning Update was prepared with data and information provided by: InvestorsObserver.com -- Better Strategies for Making Money -> For Investors
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http://www.investorsobserver.com/poweropt 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 or taxes 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 options, a person must receive a copy of Characteristics and
Risks of Standardized Options available from Michael at 800-230-5570 or at
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request. DATASOURCE: Mankus-Lavelle Group CONTACT: Mike Lavelle of Mankus-Lavelle Group, +1-800-230-5570
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