MORNING UPDATE: Man Securities Issues Alerts for AMD, ATYT, SBUX, AA, and GTW CHICAGO, Oct. 8 /PRNewswire/ -- Man Securities issues the following Morning Update at 8:30 AM EDT with new PriceWatch Alerts for key stocks. (Logo: http://www.newscom.com/cgi-bin/prnh/20020214/MANSECLOGO ) Before the open... PriceWatch Alerts for AMD, ATYT, SBUX, AA, and GTW, Market Overview, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "It's not about jobs. It's all about wages." -- Richard Hastings, retail analyst, Bernard Sands. New PriceWatch Alerts for AMD, ATYT, SBUX, AA, and GTW... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS ----------- -- Advanced Micro Devices Inc. (NYSE:AMD) Last Price 14.11 - JAN 12.50 CALL OPTION@ $2.25 -> 5.4 % Return assigned* -- ATI Technologies Inc. (NASDAQ:ATYT) Last Price 16.93 - NOV 17.50 CALL OPTION@ $0.80 -> 8.5 % Return assigned* -- Starbucks Corp. (NASDAQ:SBUX) Last Price 47.09 - JAN 45.00 CALL OPTION@ $3.90 -> 4.2 % Return assigned* -- Alcoa Inc. (NYSE:AA) Last Price 34.08 - JAN 32.50 CALL OPTION@ $2.85 -> 4.1 % Return assigned* -- Gateway Inc. (NYSE:GTW) Last Price 5.24 - NOV 5.00 CALL OPTION@ $0.55 -> 6.6 % 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) ** 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. MARKET OVERVIEW It was a slow day yesterday for the currencies markets as traders looked forward to this morning's employment report before making any moves. The dollar did get a shot in the arm early in the morning as the weekly initial jobless claims for last week fell 37,000 to 335,000 but trended lower most of the afternoon. It all really boils down to the employment report which is due for release at 8:30 a.m. this morning. The consensus is for an increase of 150,000 jobs and an unemployment rate of 5.4 percent. The price of oil continues to dampen any upward move in the market. November Crude rose 65 cents yesterday on the New York Mercantile Exchange to once again close at a new all-time high. Continued concerns over Wednesday's weaker than expected weekly inventories had traders out in force buying with strong conviction. Not helping matters any was Nigeria's oil workers threatening to go on strike next week. The African country is the seventh largest oil producer in the world as it exports 2.5 million barrels a day. 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 In the hours leading up to the second of three presidential debates between President Bush and John Kerry, the Labor Department will release its report on September employment data. While the numbers could make the case for Kerry, who believes that Americans have suffered from poor economic conditions, the White House hopes the report will ease the fact that Bush could be the first president since Herbert Hoover with no net job creation. You see, even though payrolls have shown growth of 1.7 million over the last 12 months, the economy is down by a net 913,000 jobs since Bush was sworn into office. It doesn't help that U.S. employers announced 107,863 job cuts in September, a 45.4% gain from August. That was the worst month for job cuts since January's job loss of 117,556. Only 16,166 jobs were added, which was down from the 132,105 in August. However, even if Friday's numbers are poor, revised employment data from March 2003 to March 2004 that the Bureau of Labor Statistics will report, could give Bush one last leg to stand on. The data, accompanying the payroll data, could be revised north by as much as 288,000 to 384,000 jobs, according to reports that could have a wide margin of error one way or the other. Wall Street is just hoping that news that jobless claims dipped by 37,000 to 335,000 from a revised 372,000 will foretell exceptional September employment data leading up to tonight's second presidential debate. It will make for an interesting debate. Receive incisive economic/market commentary, profitable advice and access to a network of leading investment exports. Simply follow this link: http://www.investorsobserver.com/agora2 TODAY'S ECONOMIC CALENDAR 8:30 a.m.: September Unemployment Rate (last plus 5.4 percent) 8:30 a.m.: September Non-Farm Payrolls (last plus 144,000) 9:00 p.m.: Pres. Bush and Sen. Kerry debate in Louis 10:00 a.m.: August Wholesale Trade (last plus 1.3) 10:00 a.m.: Fed Gov Bernanke participates in panel discussion at "Reflections on Monetary Policy: Twenty-Five Years After October 1979" conference in St. Louis 12:00 p.m.: Fed Vice Chairman Ferguson participates in panel discussion at the "Reflections on Monetary Policy: Twenty-Five Years After October 1979" conference in St. Louis 2:00 p.m.: Bond markets close early Man Securities is one of the world's leading option order execution firms. Man's in-house broker team offers a level of personal service and experience unavailable from no-frills discount brokers. To improve your understanding of option pricing get Man's FREE "Margin/Option Wizard software at: http://www.investorsobserver.com/mancd. Member CBOE/NASD/SPIC. 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 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 Sharon at 800-837-6212 or at http://www.cboe.com/Resources/Intro.asp. Privacy policy available upon request. http://www.newscom.com/cgi-bin/prnh/20020214/MANSECLOGO http://photoarchive.ap.org/ DATASOURCE: Man Securities CONTACT: Michael Lavelle of Man Securities, +1-800-837-6212 Web site: http://www.mansecurities.com/mu.html

Copyright

Ati (NASDAQ:ATYT)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Ati Charts.
Ati (NASDAQ:ATYT)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Ati Charts.