MORNING UPDATE: brokersXpress, LLC issues alerts for BAC, GSF, MAT, CHKP, and HAS
April 18 2005 - 10:33AM
PR Newswire (US)
MORNING UPDATE: brokersXpress, LLC issues alerts for BAC, GSF, MAT,
CHKP, and HAS CHICAGO, April 18 /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 BAC, GSF, MAT, CHKP, and HAS, Market Overview, Today's
Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "I
think we're headed for continued above trend line noninflationary
growth...with strong jobs pickup and strong GDP growth." -- John
Snow, Treasury Secretary, United States Of America New PriceWatch
Alerts for BAC, GSF, MAT, CHKP, and HAS... PRICEWATCH ALERTS - HIGH
RETURN COVERED CALL OPTIONS ----------- -- BankAmerica Corp.
(NYSE:BAC) Last Price 44.28 - AUG 45.00 CALL OPTION@ $1.40 ->
4.9 % Return assigned* -- GlobalSantaFe Corp. (NYSE:GSF) Last Price
33.83 - JUL 32.50 CALL OPTION@ $2.95 -> 5.2 % Return assigned*
-- Mattel Inc. (NYSE:MAT) Last Price 18.67 - OCT 17.50 CALL OPTION@
$2.05 -> 5.3 % Return assigned* -- Check Point Software
Technologies Ltd. (NASDAQ:CHKP) Last Price 21.80 - JUL 20.00 CALL
OPTION@ $2.65 -> 4.4 % Return assigned* -- Hasbro Inc.
(NYSE:HAS) Last Price 19.29 - JUL 20.00 CALL OPTION@ $0.65 ->
7.3 % 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,
Adobe Systems Inc., Honeywell International Inc., and Macromedia
Inc. lead the list of companies with the most news stories while
Hanover Compressor and Liberty Media Corp. are showing a spike in
news. Bank of America Corp., 3M Co., and Eli Lilly and Co. have the
highest srtIndex scores to top the list of companies with positive
news while Hasbro Inc. and Cameco Corp. lead the list of companies
with negative news reports. Avid Technology 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
Overseas trading is once again heavily skewed toward the negative
side, as not one of the markets that we follow is in positive
territory at the moment. The cumulative average return on the group
stands at a 2.125-percent loss. Mounting tensions between China and
Japan spurred heavy losses in the Asian markets, while poor
earnings reports in Europe are extending losses there so far today.
The May contract on sweet crude oil lost 0.64 on Friday. Energy
Department data suggests that gas prices spiked in March, as
customers dished out $2.12 per gallon when the tanks were running
low. In February, gasoline cost roughly $1.95 per gallon, 8.7
percent lower than the cost in March. In early market trading, the
May futures contract on crude oil dropped below $50 per barrel, and
was last seen trading at $49.96, down 53 cents from Friday's close.
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 There was good news for US manufacturers and
exporters last Friday. At a crucial meeting, the International
Trade Commission voted 4-2 to allow the US to maintain its
five-year period of trade tariffs on steel imports from Japan,
Brazil and Russia. Had it not done so, there's a good chance that
removal of the levies, which range from 20-50%, would have had an
unfair impact on the US - an unfortunate situation, given that the
steel industry is currently experiencing a major bull market.
Surging demand is outstripping supply across the globe, as the
economies of US, China and many others continue to expand solidly.
Without the tariffs, however, it would have allowed foreign
competitors to sell their steel at below-market prices and led to a
rise in cheap imports. Elsewhere, the US housing market appears to
be losing some steam - at least in southern California. Following a
remarkable 14-month run in which home prices appreciated at least
20% or more each month, March finally saw price inflation of "just"
18.6%. That's according to the latest survey from DataQuick
Information Systems in La Jolla. While it was pretty obvious such
hefty gains couldn't continue forever, the March figure
nevertheless shows a very strong regional market, which essentially
serves as a snapshot of many other areas in the US. Mortgage
financer Freddie Mac just reported that 30-year mortgage rates fell
to a one-month low of 5.9%, another factor helping to drive the
market. In Los Angeles and Orange counties, the number of homes
available for sale today is just half the total from six months
ago. That not only shows a fierce demand for homes, but also that
current inventory is tight. In fact, Orange County is the most
expensive market, with the median price an extraordinary US$565,000
following a 16.5% jump in the year to March. Los Angeles County's
median price soared over 17% to US$440,000. 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.investorsobserver.com/TP TODAY'S ECONOMIC CALENDAR 1:00
P.M. US April NAHB Housing Index 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 o Suite 220 o 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
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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:
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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: brokersXpress, LLC CONTACT:
Mike Lavelle of Mankus-Lavelle Group, +1-800-230-5570
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