CHICAGO, Feb. 8 /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 XTO, DO, GSK, CI, and RAI, Market Overview, News Leaders and Laggards, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "Aggregate saving and investment may be significantly understated in the U.S. official statistics." -- Ben Bernanke, Chairman, US Open Market Committee New PriceWatch Alerts XTO, DO, GSK, CI, and RAI PRICEWATCH ALERTS -- HIGH RETURN COVERED CALL OPTIONS -- -- XTO Energy Inc. (NYSE:XTO) Last Price 44.86 - MAR 45.00 CALL OPTION@ $2.40 -> 6.0 % Return assigned* -- Diamond Offshore Drilling Inc. (NYSE:DO) Last Price 80.08 - MAR 80.00 CALL OPTION@ $4.80 -> 6.3 % Return assigned* -- Glaxosmithkline plc (NYSE:GSK) Last Price 50.31 - AUG 50.00 CALL OPTION@ $3.20 -> 6.1 % Return assigned* -- CIGNA Corp. (NYSE:CI) Last Price 119.73 - JUL 115.00 CALL OPTION@ $12.20 -> 6.9 % Return assigned* -- Reynolds American Inc. (NYSE:RAI) Last Price 98.79 - AUG 95.00 CALL OPTION@ $8.60 -> 5.3 % 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 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 Overseas trading is in a sorry state today, with just one of the 15 foreign markets that we track in positive territory, and the cumulative average return is negative 0.516 percent. The Asian markets tumbled, with the Nikkei down 2.7 percent. In Europe, the French CAC40 is currently down 0.7 percent, and the German DAX and the FTSE 100 are both down 0.2 percent. The Danish market, which has been falling for the past few days, slipped another 0.3 percent. April-dated gold saw its largest one-day plunge on record today, dropping $19.50 lower to $554.80 an ounce, a loss of 3.4 percent. During trading, gold dropped as low as $553.70 an ounce, its lowest intraday level since January 19. Analysts disagree whether the metal had established a "significant top" or if today's action was a "temporary setback." As a result of this decline, gold indices were hit rather hard. The AMEX Gold BUGS Index, the CBOE Gold Index, and the Philadelphia Gold and Silver Index all dropped on the day. March silver fell 34.8 cents on the day, ending at $9.41 an ounce. Ahead of today's inventory reports, oil fell to its lowest level of the year. This drop indicates that most traders believe the U.S. government will report increases in crude and gasoline inventories for the past week tomorrow. The March crude contract dropped $2.02 on the day, finishing at $63.09 per barrel, slightly higher from the intraday low of $63 per barrel. Today's close was the lowest for crude since December 30. In after-hours action, black gold is trading lower. For a second straight day natural-gas futures dropped, finishing at $7.858 per million British Thermal Units, the lowest price since May 31. Natural gas has been driven lower by the belief that a frigid February won't be enough to drive prices much higher. 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 . NEWS LEADERS AND LAGGARDS So far today, CIGNA, XTO Energy, and Nokia lead the list of companies with the most news stories while Zebra Technologies and Diamond Offshore Drilling are showing a spike in news. Pepsico, Buffalo Wild Wings, and IAC/InterActiveCorp have the highest srtIndex scores to top the list of companies with positive news while Nortel Networks and Blue Nile lead the list of companies with negative news reports. JP Morgan Chase 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 7:00 a.m. Feb 3 MBA Refinancing Index 10:30 a.m. Feb 3 US Energy Dept Gasoline Stocks 10:30 a.m. Feb 3 US Energy Dept Crude Oil Stocks 10:30 a.m. Feb 3 US Energy Dept Distillate Stocks 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: Read more economic/market/stock analysis from the Taipan Group every trading day with the FREE Dynamic Market Alert. Featuring: insightful economic commentary from the US and worldwide...profitable investment recommendations...and full access to the leading team of financial experts. Register for free here: http://www.dynamicmarketalert.com/signup/eletterspr.html . 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, taxes or our subscription fees 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. First Call Analyst: FCMN Contact: DATASOURCE: Seven Summits Investment Research CONTACT: Reid Stratton of Seven Summits Investment Research, +1-800-698-9101 Web site: http://www.sevensummitsinvestmentresearch.com/

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Reynolds (NYSE:RAI)
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