CL Colgate Palmolive Co

CHICAGO, Nov. 1 /PRNewswire/ -- Seven Summits Research issues the following Morning Update at 8:30 AM EST with new PriceWatch Alerts for key stocks. Before the open... PriceWatch Alerts for PG, TXU, SIRI, CL, and MBI, Market Overview, Dynamic Market Opportunities, News Leaders and Laggards, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "We are considerably closer to where policy needs to be than we were 16 months ago, but we are not yet at a point where we can stop and watch the economy evolve for a while." -- Donald Kohn, Governor, US Federal Reserve Board New PriceWatch Alerts for PG, TXU, SIRI, CL, and MBI... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS ----------- -- Procter & Gamble Co. (NYSE:PG) Last Price 55.99 - APR 55.00 CALL OPTION@ $3.90 -> 5.6 % Return assigned* -- TXU Corp. (NYSE:TXU) Last Price 100.75 - DEC 100.00 CALL OPTION@ $6.80 -> 6.4 % Return assigned* -- Sirius Satellite Radio Inc. (NASDAQ:SIRI) Last Price 6.23 - JUN 6.00 CALL OPTION@ $1.25 -> 20.5 % Return assigned* -- Colgate-Palmolive Co. (NYSE:CL) Last Price 52.96 - MAY 50.00 CALL OPTION@ $5.00 -> 4.3 % Return assigned* -- MBIA Inc. (NYSE:MBI) Last Price 58.24 - JAN 55.00 CALL OPTION@ $5.60 -> 4.5 % 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 Investor's Cheat Sheet - An essential pocket reference guide packed with the strategies, tactics, tips, and rules of thumb for smarter investing. For your FREE Investor's Cheat Sheet, go to: http://www.investorsobserver.com/FreeCSMU NOTE: All stocks and options shown are examples only. These are not recommendations to buy or sell any security. MARKET OVERVIEW It seems that there was a bit of a computer hiccup before the Tokyo Stock Exchange opened this morning, forcing the suspension of trading in stocks and convertible bonds for much of the day. When trading finally resumed, near mid-afternoon, the Nikkei 225 quickly rose to close at a four-year high. The Nikkei tacked on 1.9 percent to end at 13,867.86. There was not indication when trading in convertible bonds might resume. Nikkei officials were looking into the chance that the "glitch" was related to end-of-month software upgrades installed yesterday. This was the most serious suspension since a two-hour delay in 1997. In Europe, early weakness gave way thanks to gains from Swiss banking giant, UBS and its better-than-expected profit. Analysts attributed the results to "better revenues and continued loan-loss reversals." Financial Times publisher, Pearson also got in on the act, tacking on 1.9 percent. The purveyor of Penguin books announced that it performed in line with its own expectations for a 20-percent rise in nine-month underlying operating profit along with a 10-percent increase in underlying sales. Currently, 10 of the foreign markets we track are in positive territory, with an average cumulative return of 0.402. The December futures contract on sweet crude oil dropped 1.46, or 2.38 percent per barrel yesterday. October was the first time in three months that the front-month crude contract finished below the 60 level. For the month, black gold lost nearly 10 percent thanks to concerns over diminishing demand. Get Free Stock Picks from Bernie Schaeffer, 3 time winner of the Wall Street Journal Stock Picking Contest. For your Free Trial go to: http://www.investorsobserver.com/freemo2 DYNAMIC MARKET OPPORTUNITIES It was slightly eerie and ironic that Japan chose Halloween to announce that the country has finally beaten deflation. After seven years, the Bank of Japan has finally signaled that deflation is set to end this fiscal year. Deflation has remained a big problem for the better part of a decade in Japan. And even despite a recovering economy recently (GDP growth is expected to finish between 2.2% and 2.5% this year), prices have stubbornly refused to move upwards. That's hurting the ability of companies to hire workers and expand, as well as stifling wage growth and consumer spending. But in the year to March 31, 2006, the bank said prices will edge up slightly (around 0.1%), with further increases of 0.4% to 0.6% to come in the following fiscal year. That long-awaited upward climb (remarkably, monthly core prices have risen just once since April 1998) will likely spur the BoJ into action again: After four years of keeping interest rates at zero, the bankers may well move to raise rates next year. Its three-pronged mandate for doing so is: One: It needs to see steadily increasing core consumer prices over a few months. Two: It needs to be certain that prices won't dip towards deflationary levels again. Three: Confidence in the economy and continued economic growth. But a potential sign of things to come is seen in the rise of central Tokyo land values this year - the first year in 15 that prices have risen. So when will the BoJ make a move? And how? Having kept interest rates at zero for so long, it will likely be a gradual progression. The consensus appears to be for a rate hike in the second half of 2006, once the bankers are satisfied that those three conditions mentioned above have been adequately met. It will also need to cut its currency holdings to around six trillion yen - the lowest level at which it can logically maintain a zero percent interest rate, before raising rates. 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 NEWS LEADERS AND LAGGARDS So far today, Dell, Colgate-Palmolive, and Qwest Communications lead the list of companies with the most news stories while BJ Services and Chesapeake Energyare showing a spike in news. Procter & Gamble, IAC/InterActiveCorp, and MedcoHealth Solutions have the highest srtIndex scores to top the list of companies with positive news while OSI Pharmaceuticals and Tenet Healthcare lead the list of companies with negative news reports. Watts Water Technologies 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/ TODAY'S ECONOMIC CALENDAR 7:45 a.m. Oct 29 ICSC Store Sales Index 8:55 a.m. Oct 29 Redbook Retail Sales Index 9:00 a.m. Federal Open Market Committee meeting begins; interest-rate decision expected about 2:15 p.m. EST 10:00 a.m. Oct ISM Mfg Index 10:00 a.m. Sept Construction Spending 5:00 p.m. Oct 30 ABC/Washington Post Consumer Confidence Index N/A Oct Domestic Auto Sales Seven Summits Investment Research is an independent investment research group focusing on the U.S. equities and options markets. Our unique set of analytical tools, screening techniques, rigorous research methods and committed staff provide solid information to help our clients make the best investment decisions possible. For more information go to http://www.sevensummitsinvestmentresearch.com/ . CRD# 137114 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/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 Catherine at 800-698-9101 or at http://www.cboe.com/Resources/Intro.asp. Privacy policy available upon request. DATASOURCE: Seven Summits Research CONTACT: Reid Stratton of Seven Summits Investment Research, +1-800-698-9101 Web site: http://www.sevensummitsinvestmentresearch.com/

Copyright