LRCX Lam Research Corporation

MORNING UPDATE: brokersXpress, LLC Issues Alerts for EBAY, BK, NXTL, LRCX, and NITE CHICAGO, July 21 /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 EBAY, BK, NXTL, LRCX, and NITE, Market Overview, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "The significant rise in purchases of homes for investment since 2001 seems to have charged some regional markets with speculative fever." -- Alan Greenspan, Chairman, Federal Reserve New PriceWatch Alerts for EBAY, BK, NXTL, LRCX, and NITE... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS ----------- -- eBay Inc. (NASDAQ:EBAY) Last Price 34.87 - AUG 35.00 CALL OPTION@ $1.60 -> 5.2 % Return assigned* -- Bank of New York Co. Inc. (NYSE:BK) Last Price 31.25 - JAN 30.00 CALL OPTION@ $2.45 -> 4.2 % Return assigned* -- NEXTEL Communications, Inc. (NASDAQ:NXTL) Last Price 33.03 - NOV 32.50 CALL OPTION@ $1.95 -> 4.6 % Return assigned* -- Lam Research Corp. (NASDAQ:LRCX) Last Price 32.55 - DEC 30.00 CALL OPTION@ $4.30 -> 6.2 % Return assigned* -- Knight Trading Group, Inc. (NASDAQ:NITE) Last Price 7.84 - OCT 7.50 CALL OPTION@ $0.65 -> 4.3 % 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) ** 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. NEWS LEADERS AND LAGGARDS So far today, Whirlpool, Office Depot Inc., and Caterpillar lead the list of companies with the most news stories while Hershey Foods and D R Horton are showing a spike in news. eBay, Coca-Cola Co., and Allstate have the highest srtIndex scores to top the list of companies with positive news while Unocal and Delta Air Lines lead the list of companies with negative news reports. Qualcomm 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 markets are bullish this morning as 13 of the 15 markets that we track are in the green. The Nikkei slipped by a fraction of a percent but the other Asian markets closed with gains. In Europe, Finland is currently the only laggard while the DAX is ahead nearly one percent. The August contract on sweet crude oil dropped 74 cents yesterday, finishing its last day as the lead contract on a sour note. The September contract, which now takes the lead, didn't fare much better, giving back 67 cents to close at $58.02. Prompting the decline on the day was a smaller- than-expected drop in crude oil inventories. For the record, The Department of Energy (DOE) reported that crude inventories fell by 900,000 barrels to 320.1 million in the latest week, while analysts were predicting a drop of up to 3.0 million barrels. In early trading, crude for September delivery rose back above $59 per barrel as Hurricane Emily is set to make landfall 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 Wednesday marked what could be Federal Reserve chairman Alan Greenspan's last ever semi-annual address to Congress before the 79-year old retires at the end of January 2006. But judging from the broad smile Greenspan wore as he left, it appears he's happy with the direction America is taking as he enters the final months of his tenure. Part of his pleasure comes from his assertion that US economic growth is solid and firmly on track for more upside - 3.5% GDP growth, according to the Fed's latest forecast. Consequently, the bankers will proceed with their interest rate hiking policy for the foreseeable future. However, Greenspan does cite "significant uncertainties" stemming from high energy costs and the stubborn refusal of long-term interest rates to rise in line with interest rate increases. Greenspan says the decline in long-term Treasury bond rates is "without precedent" and poses a threat to long-term growth, while also warning that the country's housing market could come under some pressure. A substantial part of the reason for that lies with Greenspan himself and his rest of his Fed team. By lowering interest rates to 1%, it sparked an enormous spate of borrowing and refinancing. It's much different these days, though, with the Fed reversing its strategy. According to a Merrill Lynch survey of 300 global fund managers, the consensus forecast for interest rates is 4% before the Fed calls a halt to its monetary tightening. This is the so-called "neutral level" viewed by many as one that keeps the economy humming, while also containing inflationary pressures. 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 8:30 a.m. Jobless Claims 10:00 a.m. June Conference Board Leading Economic Indicators 10:00 a.m. Fed Chairman Greenspan presents the semiannual report on monetary policy to the U.S. Senate Banking Committee in Washington 10:00 a.m. DJ-BTM Business Barometer 10:00 a.m. June Chicago Fed National Activity Index 12:00 a.m. July Philadelphia Fed Business Index 1:30 p.m. Fed Gov Kohn speaks on monetary policy at the Fed's risk management conference 2:00 p.m. FOMC minutes 4:30 p.m. Money Supply 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 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: 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: brokersXpress, LLC CONTACT: Mike Lavelle of Mankus-Lavelle Group, +1-800-230-5570

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