MORNING UPDATE: brokersXpress, LLC issues alerts for AAPL, QLTI, ADBE, GILD, and PLMO

Date : 05/25/2005 @ 10:15AM
Source : PR Newswire
Stock : Qlt Phototherapeutics (MM) (QLTI)
Quote : 2.23  -0.35 (-13.57%) @ 4:27PM
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MORNING UPDATE: brokersXpress, LLC issues alerts for AAPL, QLTI, ADBE, GILD, and PLMO

MORNING UPDATE: brokersXpress, LLC issues alerts for AAPL, QLTI, ADBE, GILD, and PLMO

CHICAGO, May 25 /PRNewswire/ -- brokersXpress, LLC issues the following Morning Update at 8:30 AM EDT with new PriceWatch Alerts for key stocks.

Before the open... PriceWatch Alerts for AAPL, QLTI, ADBE, GILD, and PLMO, Market Overview, Today's Economic Calendar, and the Quote Of The Day.

QUOTE OF THE DAY "The fact that you didn't get a gleaning that the Fed is close to finished raising rates is pressuring stocks." -- Jeffrey Saut, chief investment strategist, Raymond James Financial.

New PriceWatch Alerts for AAPL, QLTI, ADBE, GILD, and PLMO...

PRICEWATCH ALERTS -- HIGH RETURN COVERED CALL OPTIONS ----------- -- Apple Computer Inc. (NASDAQ:AAPL) Last Price 39.70 -- OCT 35.00 CALL OPTION@ $7.20 -> 7.7 % Return assigned* -- QLT Inc. (NASDAQ:QLTI) Last Price 10.25 -- JUL 10.00 CALL OPTION@ $0.75 -> 5.3 % Return assigned* -- Adobe Systems Inc. (NASDAQ:ADBE) Last Price 32.42 -- OCT 30.00 CALL OPTION@ $4.30 -> 6.7 % Return assigned* -- Gilead Sciences Inc. (NASDAQ:GILD) Last Price 40.31 -- AUG 40.00 CALL OPTION@ $2.55 -> 5.9 % Return assigned* -- palmOne Inc. (NASDAQ:PLMO) Last Price 28.84 -- AUG 25.00 CALL OPTION@ $5.20 -> 5.8 % 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, AutoZone Inc., The Sports Authority, and Visteon Corp. lead the list of companies with the most news stories while Fleetwood Enterprises Inc.

and Boston Scientific Corp. are showing a spike in news. Medtronic Inc., Ford Motor Co., and Oracle Corp. have the highest srtIndex scores to top the list of companies with positive news while SeaChange International Inc. and Kyphon Inc.

lead the list of companies with negative news reports. Computer Sciences Corp.

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

London's focus has turned to retailers after GUS unveiled plans to sell its 66 percent holding in Burberry group in a special dividend. What's more, the retail giant added that it will eventually part the Argos Retail Group from credit agency Experian. The FTSE 100 index dropped 0.2 percent, coming in at 4,973.5. The German DAX 30 index fell 0.1 percent to 4,390 while the French CAC 40 index also fell 0.1 percent to 4,098. The Nikkei 225 Average accelerated losses in the afternoon, dropping 1.1 percent to come in at 11,014.43. The Topix of all Tokyo Stock Exchange lost 1.0 percent to close at 1,124.70. Only four of the indexes we monitor have been able to fight their way into positive territory.

Stock futures have weakened this morning, thanks in part to higher oil prices and the coming durable goods order data. Yesterday, July crude traded as high as $49.94 before closing at $49.67 per barrel. This morning the July contract has added 20 cents to sit at $49.87 per barrel.

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

Against popular opinion of those who believe the bubble will burst unceremoniously, the American housing sector remains red-hot. Sales of existing US homes soared 4.5% in April to a rate of 7.18 million amid forecasts for a flat reading of 6.88 million. The median sales price was up by 15.1% year-over-year to US$206,000 -- the fastest gain of that type in 25 years. Even David Lereah, chief economist for the National Association of Realtors admits that this new record high is "a bit unexpected." "A recent study from the Center for Economic Policy Research noted that in real terms, house prices have risen 40% since 1995. This kind of inflation is unsustainable and, more to the point, unjustified considering the market's fundamentals. However, mortgage rates remain lower today than economists expected, so the question now becomes: will mortgage rates continue to hover at the low end of the spectrum and sustain the buying frenzy? The 247Profits investment group thinks so -- at least for the foreseeable future. So too does bond star Bill Gross, who speculated last week that, "a range of 3.75% to 4.5% for 10-year nominal Treasuries will prevail during most of our secular time frame." That means between three and five years. Historically, mortgage rates follow treasury rates very closely.

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 7:00 A.M. May 21 MBA Refinancing Index 8:30 A.M. April Durable Goods 10:00 A.M. April New Home Sales

The Mankus-Lavelle Group is an independent brokerage branch of brokersXpress, LLC, a wholly owned subsidiary of optionsXpress Holdings, Inc. The Mankus-Lavelle Group has some of the most experienced, respected options professionals in the industry. Both novice option investors and experienced traders are attracted to MLG. Less experienced investors appreciate Mankus- Lavelle Group's friendly expert guidance while more seasoned investors value Mankus-Lavelle Group's highly trained staff of option experts. To improve your understanding of options get a free option kit at: http://www.mlgos.com/ .

If you are familiar with stock investing but not sure what options can do for you, call 1-800-230-5570 for a FREE 3-point portfolio check up.

Securities offered through brokersXpress, LLC Member NASD/SPIC. Corporate Office: 39 South LaSalle Street, Suite 220, Chicago, Illinois 60603-1608

brokersXpressSM is the online broker-dealer for independent reps and advisors. Powered by the award-winning technology of optionsXpress(R), its parent company, brokersXpress provides a leading-edge trading platform particularly powerful for reps and advisors who employ option strategies. For more information on how partnering with brokersXpress can empower your business to new levels, contact us confidentially by e-mail at . Member NASD/SPIC. CRD# 127081

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/TPA

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.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 http://www.cboe.com/Resources/Intro.asp . Privacy policy available upon request.

DATASOURCE: Mankus-Lavelle Group

CONTACT: Mike Lavelle, of Mankus-Lavelle Group +1-800-230-5570

Web site: http://www.mlgos.com/

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