MORNING UPDATE: Man Securities Issues Alerts for MOT, WM, GNSS, MSO, and SWKS
May 24 2004 - 10:39AM
PR Newswire (US)
MORNING UPDATE: Man Securities Issues Alerts for MOT, WM, GNSS,
MSO, and SWKS CHICAGO, May 24 /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 MOT, WM, GNSS, MSO, and SWKS,
Market Overview, Today's Economic Calendar, and the Quote Of The
Day. QUOTE OF THE DAY "The flareup in inflation in the first
quarter is a matter for concern. The inflation data bear close
watching." -- Ben Bernanke, Governor, Federal Reserve New
PriceWatch Alerts for MOT, WM, GNSS, MSO, and SWKS... PRICEWATCH
ALERTS - HIGH RETURN COVERED CALL OPTIONS -- Motorola, Inc.
(NYSE:MOT) Last Price 19.59 - JUL 19.00 CALL OPTION@ $1.50 -> 5
% Return assigned* -- Washington Mutual Inc. (NYSE:WM) Last Price
43.20 - JUL 42.50 CALL OPTION@ $2.55 -> 4.6 % Return assigned*
-- Genesis Microchip Inc. (NASDAQ:GNSS) Last Price 15.33 - JUN
15.00 CALL OPTION@ $1.05 -> 5 % Return assigned* -- Martha
Stewart Living Omnimedia Inc. (NYSE:MSO) Last Price 9.30 - SEP 7.50
CALL OPTION@ $2.20 -> 5.6 % Return assigned* -- Skyworks
Solutions, Inc. (NASDAQ:SWKS) Last Price 8.50 - AUG 7.50 CALL
OPTION@ $1.50 -> 7.1 % 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, "The Secrets of Smart Election Year Investing -
Insights, Stocks, And Strategies." go to:
http://www.investorsobserver.com/FREEelection NOTE: All stocks and
options shown are examples only. These are not recommendations to
buy or sell any security. MARKET OVERVIEW Overseas markets are
looking quite chipper this morning as 14 of the 15 markets that we
track are currently in positive territory. The cumulative average
return on the group stands at a plus 0.767 percent. In the
"for-what- it's-worth" segment, Japan's Department store sales fell
for a second consecutive month, declining by 1.0 percent in April
on a year-over-year basis. This fall off comes on the heels of a
4.7 percent decline in March. Not much penciled into the schedule
today, as an appearance by Treasury Secretary Snow at an
entrepreneur conference in New York should offer up nothing to move
the market and just three companies on the dwindling list of
earnings reports today. This earnings season "unofficially" comes
to an end with the H.J. Heinz report scheduled for tomorrow
(although a few key reports are yet waiting in the wings). The
economic calendar picks up on Tuesday and should keep traders
occupied through the end of the week. So, as far as today is
concerned it looks like news out of the "oil-pit" called OPEC and
other worldly events will continue to command center stage.
Possibly impacting tomorrow's session will be President Bush's
address to the nation this evening. Stay tuned. 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 A few months ago, Christian DeHaemer, chief
investment director at Taipan's Red Zone group, advised his readers
to liquidate their long investment positions. He based it on the
fact that the major indices had broken their uptrend cycles, as
well as the historical first bear market rally lasting about 18
months. Since the NASDAQ set a top of 2,153, DeHaemer has observed
lower highs and lower lows -- the classic definition of a bear
market trend. He also noted that three years after the economic
bubbles burst in the US in 1929 and Japan in 1990, their
significant bull markets lasted about 18 months. That happened in
2003 with the NASDAQ. Analyzing the weekly chart, it shows a
rounding top formation with the last major support at 1,500.
Although it closed Friday at 1,912.09 that drop might not be so
far-fetched -- the last time the index hit that level was as
recently as October 2002. DeHaemer doesn't think it will be
impossible to make money going long over the next few months -- it
will just be more difficult. As such, he advises his investors to
look for overlooked, undervalued companies, while shorting the
broader market and wait until the index hits 1,500, which will
likely occur in September or October. Once it does, that will
signal a great buying opportunity, just in time for the US
presidential election. The nanotechnology revolution continues to
spread across the globe. The Profit Hog's Christian DeHaemer has
written a comprehensive FREE report. Read it immediately by
following this link: http://www.investorsobserver.com/agora6
TODAY'S ECONOMIC CALENDAR 10:00 a.m.: Treasury Secretary Snow, UK
Chancellor Brown hold entrepreneur conference in New York. Man
Financial Inc is one of the world's major futures and options
brokers and has been recognized as a leading option order execution
firm for individuals and institutions. Member CBOE/NASD/SIPC
(CRD#6731). For more information and a free CD with educational
tools to help you invest smarter, see
http://www.investorsobserver.com/mancd 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
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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.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
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