CNET ZW Data Action Technologies Inc

CHICAGO, Aug. 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 DIS, MXO, KG, SIMG, and CNET, Market Overview, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "Those high oil prices are a burden on U.S. families, on firms' production costs." -- Ben Bernanke, chairman, White House Council of Economic Advisers New PriceWatch Alerts for DIS, MXO, KG, SIMG, and CNET... PRICEWATCH ALERTS -- HIGH RETURN COVERED CALL OPTIONS ----------- -- Disney (The Walt) Co. (NYSE:DIS) Last Price 26.14 -- JAN 25.00 CALL OPTION@ $2.10 -> 4.0 % Return assigned* -- Maxtor Corp. (NYSE:MXO) Last Price 5.31 -- OCT 5.00 CALL OPTION@ $0.65 -> 7.3 % Return assigned* -- King Pharmaceuticals, Inc. (NYSE:KG) Last Price 12.59 -- OCT 12.50 CALL OPTION@ $0.70 -> 5.1 % Return assigned* -- Silicon Image, Inc. (NASDAQ:SIMG) Last Price 9.22 -- DEC 7.50 CALL OPTION@ $2.35 -> 9.2 % Return assigned* -- CNET Networks, Inc. (NASDAQ:CNET) Last Price 13.51 -- OCT 12.50 CALL OPTION@ $1.65 -> 5.4 % 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, Cisco Systems, Shanda Interactive Entertainment, and Comcast lead the list of companies with the most news stories while Mittal Steel and Advanced Medical Optics are showing a spike in news. Yahoo!, Electronic Arts, and Qualcomm have the highest srtIndex scores to top the list of companies with positive news while Fannie Mae and First Data Corp lead the list of companies with negative news reports. American International Group 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 doing remarkably well this morning, as 13 of the 15 foreign indices that we track are currently in positive territory. The cumulative average return on the group stands at 0.579. In Asia, a positive reaction in the U.S. to the Fed's latest rate hike gave a boost of confidence to traders, as both the Nikkei and the Hang Seng posted 100+ point gains on Wednesday. It was much the same story in Europe, when indices across the pond began trading earlier this morning. Decreased fears over inflation in the U.S. have lent a hand in Europe, as bullishness from the Asian market spilled over into early Wednesday trading. With Tuesday's excitement behind them, many traders on the Street have little to look forward to in the economic calendar today. The main attraction will be the reports from the Department of Energy and the American Petroleum Institute on the state of petroleum supplies. Most analysts expect a second straight increase in crude supplies, and should this come to fruition, many investors may turn their eyes toward Friday's trade deficit figure. A miss, on the other hand, could secure the headlines for the day on new record crude prices. 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 Whether investors believe the real-estate bubble is in for a sudden and catastrophic pop or they think the current momentum will end with a slower, gentler easing, the one fact that appears to be universal is that the current housing boom is unsustainable. But it seems that too many homeowners and investors are gambling that the market will continue its unbelievable run. During the second quarter, 74% of refinanced Freddie Mac-owned mortgages resulted in principals that were at least 5% larger than the original. It appears those homeowners are being deterred from refinancing in order to lock in lower interest rates. Now, they are going through additional paperwork to turn a profit. After all, the average value of a home has climbed by 20% this year, so why not take advantage of some of the profit? The problem occurs because the profit is really only a paper profit. Once the housing market slows, even slightly, those profits will turn to losses. For most homeowners, their homes' equity accounts for most of their wealth. If they suddenly find themselves owing more than their house is worth, they could be in serious trouble. Even scarier is the number of people getting trapped by the siren call of interest-only loans. Just five years ago, these loans accounted for less than 2% of new mortgages. Today, as homebuyers try to get the biggest house they can afford, economists say these dangerous loans account for over 70% of all new applications. Buyers of interest-only loans are banking on two things. They hope the value of their house will rise and they hope their income increases. But if neither of these two rather unpredictable events occurs by the time the homeowner is required to begin paying the house's principal, such debtors could find themselves in trouble. Often, mortgage payments will rise by more than 40% after the initial interest-only period ends. That's a hefty jump, no matter how much income a homeowner has. 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 7:00 a.m. Aug 6 MBA Refinancing Index 10:30 a.m. Aug 5 US Energy Dept Gasoline 10:30 a.m. Aug 5 US Energy Dept Crude Oil Stocks 10:30 a.m. Aug 5 US Energy Dept Distillate Stocks 2:00 p.m. July Treasury Budget Statement 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, Suite 220, 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: Mankus-Lavelle Group CONTACT: Mike Lavelle, of Mankus-Lavelle Group, +1-800-230-5570 Web site: http://www.mlgos.com/

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