MORNING UPDATE: Mankus-Lavelle Group Issues Alerts for INTC, SCH, CD, EK, and KG
11 May 2005 - 1:17AM
PR Newswire (US)
MORNING UPDATE: Mankus-Lavelle Group Issues Alerts for INTC, SCH,
CD, EK, and KG CHICAGO, May 10 /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 INTC, SCH, CD, EK, and KG, Market Overview, Today's
Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "With
all the questions out there, nobody sees a real reason to stick
their neck out, and with nobody out there making bets, the path of
least resistance for this market is down." -- Mike Viracola,
managing director and co-head of equities, Adams Harkness New
PriceWatch Alerts for INTC, SCH, CD, EK, and KG... PRICEWATCH
ALERTS - HIGH RETURN COVERED CALL OPTIONS -- Intel Corp.
(NASDAQ:INTC) Last Price 24.80 - JUL 25.00 CALL OPTION@ $0.80 ->
4.2 % Return assigned* -- Charles Schwab Corp. (NYSE:SCH) Last
Price 10.74 - SEP 10.00 CALL OPTION@ $1.15 -> 4.3 % Return
assigned* -- Cendant Corp. (NYSE:CD) Last Price 20.85 - MAY 20.00
CALL OPTION@ $2.00 -> 6.1 % Return assigned* -- Eastman Kodak
Co. (NYSE:EK) Last Price 25.72 - OCT 22.50 CALL OPTION@ $4.10 ->
4.1 % Return assigned* -- King Pharmaceuticals Inc. (NYSE:KG) Last
Price 9.00 - OCT 7.50 CALL OPTION@ $2.10 -> 8.7 % 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) ** For the FREE report, "Is Your Investment Portfolio
Disaster Proof? - Insights, Stocks, And Strategies." go to:
http://www.investorsobserver.com/FREEDP 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,
Shell Transport & Trading Company Plc., Toll Brothers Inc., and
Chiquita Brands International Inc. lead the list of companies with
the most news stories while Great Atlantic & Pacific Tea Co.
and NRG Energy Inc. are showing a spike in news. Audible Inc.,
Nortel Networks Corp., and Vertex Pharmaceuticals Inc. have the
highest srtIndex scores to top the list of companies with positive
news while eSpeed Inc. and NTL Inc. lead the list of companies with
negative news reports. Inamed 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
Trading overseas is rather grim, with only one of the 15 markets
that we follow in positive territory. The cumulative average return
on the group stands at -0.142 percent. Trading in Asia finished
lower, with the Nikkei shedding roughly 12 points and the Hang Seng
ending down 0.19 percent. With little news to direct stocks, the
major European indices are grinding steadily lower today. Futures
are drifting lower this morning, pointing to a negative start to
the session. Cisco Systems is slated to release its third-quarter
earnings results after the close today. According to Zacks, the
Street is looking for a profit of 22 cents per share, up three
cents from its year-ago profit. Speculation on Cisco's outlook for
the company and, potentially, the sector could keep tech stocks
hopping today. 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 No sooner does first quarter US GDP growth
disappoint by hitting 3.1% -- 0.5% lower than forecasts, a
Bloomberg panel of economists has forecast second quarter GDP
growth at 3.2%. Although that would be up 0.1% from the first
quarter, the forecast is 0.5% lower than one made in April, thanks
to higher energy prices and the biggest buildup of inventories in
five years, coupled with slower sales. Elsewhere, the 274,000 new
jobs created in April means the US economy has now generated over
three million positions since the start of 2004. Despite the
frequent fluctuations, that still equates to an average of about
200,000 per month. The hope is that such stout growth could offset
higher energy costs and tempt consumers back to the stores, helping
solidify retail sales and durable goods orders. On Thursday, the
Commerce Department is expected to say that retail sales climbed
0.5% in April, following 0.3% growth in March. However, there's a
good chance that April marked the top end of employment growth
perhaps until the end of the summer, given that manufacturing
demand isn't strong. In earnings news, Cisco Systems reports later
today, with Dell due on Thursday. Both are expected to beat
earnings (Cisco by three cents; Dell by nine cents), but it remains
to be seen whether it will be enough to drag the tech sector from
its recent gloom. Overall, the first quarter corporate earnings
season continues to exceed expectations, with combined profit
growth set to rise 14% from Q1 2004. Monday's market action saw
hefty insider trading at Chesapeake Energy, with the Chairman/CEO
and President/COO each buying 100,000 shares. The stock finished up
3% on the news. 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 7:45
A.M. May 7 ICSC Store Sales Index 8:55 A.M. May 7 Redbook Retail
Sales Index 5:00 P.M. May 7 ABC/Washington Post Consumer Confidence
Index 7:30 P.M. Dallas Fed Pres Fisher speaks on "A Walk around the
World Economy" at the World Affairs Council of Greater Dallas 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:
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not sure what options can do for you, call 1-800-230-5570 for a
FREE 3-point portfolio check up. Securities offered through
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brokersXpress(SM) 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:
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go to: http://www.investorsobserver.com/MUQuote2 247profits.com:
You'll get exclusive financial commentary, access to a global
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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
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