MORNING UPDATE: Seven Summits Research Issues Alerts XTO, DO, GSK, CI, and RAI
February 08 2006 - 9:14AM
PR Newswire (US)
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
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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
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bonuses go to: http://www.poweroptionsplus.com/ . All stocks and
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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
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all investors and investing in options carries substantial risk.
Prior to buying or selling options, a person must receive a copy of
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Catherine at 800-698-9101 or at
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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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