CHICAGO, Sept. 30 /PRNewswire/ -- Seven Summits Research issues the following Morning Update at 8:30 AM EDT with new PriceWatch Alerts for key stocks.
Before the open... PriceWatch Alerts for MU, NOVL, KR, TER, and AMLN, Market Overview, News leaders and Laggards, Today's Economic Calendar, and the Quote Of The Day.
QUOTE OF THE DAY "The American economy is fundamentally strong and has proven time and again to be remarkably resilient in the most challenging of times." -- Carlos Gutierrez, Commerce Secretary, United States New PriceWatch Alerts for MU, NOVL, KR, TER, and AMLN...
PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS
-- Micron Technology, Inc. (NYSE:MU)
Last Price 12.19 - OCT 12.00 CALL OPTION@ $0.65 -> 4.0 % Return
assigned*
-- Novell, Inc. (NASDAQ:NOVL)
Last Price 7.36 - FEB 7.50 CALL OPTION@ $0.65 -> 11.8 % Return
assigned*
-- The Kroger Co. (NYSE:KR)
Last Price 20.62 - JAN 20.00 CALL OPTION@ $1.50 -> 4.6 % Return
assigned*
-- Teradyne, Inc. (NYSE:TER)
Last Price 16.23 - JAN 15.00 CALL OPTION@ $2.15 -> 6.5 % Return
assigned*
-- Amylin Pharmaceuticals, Inc. (NASDAQ:AMLN)
Last Price 34.60 - OCT 35.00 CALL OPTION@ $1.45 -> 5.6 % Return
assigned* * To learn more about how to use these alerts and for our FREE report, "The 18 Warning Signs That Tell You When To Dump A Stock", go to: http://www.investorsobserver.com/mu18 (Note: You may need to copy the link above into your browser then press the [ENTER] key) ** 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: All stocks and options shown are examples only. These are not recommendations to buy or sell any security.
MARKET OVERVIEW Across the pond, semiconductor stocks helped bolster the market thanks to Micron Technology, which posted a better-than-expected earnings performance last night. DaimlerChrysler dropped after German magazine Focus reported that it is considering taking a stake in Volkswagen that is similar to the 20-percent stake that Porsche is trying to build. Retailers also took a lead in Britain after Monsoon warned that slowing British consumer spending led to lower comparable sales. The Asian indexes turned in a bit of a mixed performance, leading the Nikkei 225 lower for the day. The index initially moved higher after the government reported that consumer prices had slipped marginally while consumer spending increased and unemployment fell. Currently, 11 of the 15 foreign indices we track are in positive territory, logging an average return of 0.245.
The November futures contract on sweet crude oil edged 0.66 percent higher in trading on Thursday, down from an intraday high of $67.20 a barrel.
Get Free Stock Picks from Bernie Schaeffer, 3 time winner of the Wall Street Journal Stock Picking Contest. For your Free Trial go to: http://www.investorsobserver.com/freemo2 DYNAMIC MARKET OPPORTUNITIES The latest global competitiveness report from the World Economic Forum (WEF) shows no change at the top for third year running. According to the rankings, Finland continues to lead the way in terms of global competitiveness. The results actually say a lot for the strength of economies throughout Scandinavia, with Sweden finishing in third place and Denmark placing fourth -- a scenario the WEF attributes largely to savvy budget management. Norway also wound up in the top ten, along with countries like Iceland and Australia, the latter of which breached the top ten for the first time. The report tabulates the strength of 117 economies across the world, based on 11,000 business leaders in those areas. It focuses on factors such as infrastructure and macro-economic prowess, public institutions and technological advancement. While the US finished in second place, the results didn't bode well for much of Europe. The UK was the highest place major European economy, but nevertheless slipped three places to 13th on the list. And unlike their Scandinavian neighbors, the struggling and debt-laden continental European countries also fell. Germany placed 15th (down two positions), while Spain dropped six places to 29th. France finished 30th after a decline of two places and Italy remained stuck in 47th position. This should cause some degree of embarrassment, considering Estonia ended up in 20th place. Asia highlights included Japan dropping from 9th to 12th, while China surprisingly slipped to 49th from 46th.
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 NEWS LEADERS AND LAGGARDS So far today, Aetna, Micron Technology, and Boeing Co lead the list of companies with the most news stories while Garmin and Sepracor are showing a spike in news. Google, Procter & Gamble, and Netflix have the highest srtIndex scores to top the list of companies with positive news while Tommy Hilfiger Corp and CIT Group lead the list of companies with negative news reports. Ceradyne 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/ TODAY'S ECONOMIC CALENDAR
8:30 a.m. Aug Personal Income
8:30 a.m. Aug Personal Spending
9:45 a.m. Sept Final University of Michigan Consumer Sentiment Index
10:00 a.m. Sept Chicago PMI 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 http://www.sevensummitsinvestmentresearch.com/ . CRD# 137114 This Morning Update was prepared with data and information provided by: 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 $420, see: http://www.investorsobserver.com/must Quote.com QCharts - Real time quotes and streaming technical charts to keep you up with the market. Analyze, predict, and stay ahead. For a Free 30 day trial go to: http://www.investorsobserver.com/MUQuote2 247profits.com - You'll get exclusive financial commentary, access to a global network of experts and undiscovered stock alerts. Register NOW for the FREE 247profits e-Dispatch. Go to: http://www.investorsobserver.com/agora Schaeffer's Investment Research - Sign up for your FREE e-weekly, Monday Morning Outlook, Bernie Schaeffer's look ahead at the markets. Sign Up Now http://www.investorsobserver.com/freemo PowerOptionsPlus -- The Best Way To Find, Compare, Analyze, and Make Money On Options Investments. For a 14-Day FREE trial and 5 FREE bonuses go to: http://www.poweroptionsplus.com/ 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 Catherine at 800-698-9101 or at http://www.cboe.com/Resources/Intro.asp . Privacy policy available upon request. DATASOURCE: Seven Summits Research CONTACT: Reid Stratton of Seven Summits Investment Research, +1-800-698-9101 Web site: http://www.sevensummitsinvestmentresearch.com/
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