AMLN Amylin Pharmaceuticals, Inc. (MM)

CHICAGO, Aug. 5 /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 INTC, AMLN, HET, CMX, and DTV, Market Overview, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "I still think this market will grudgingly go up." -- Kurt Wolfgruber, chief investment officer, Oppenheimer Funds New PriceWatch Alerts for INTC, AMLN, HET, CMX, and DTV... PRICEWATCH ALERTS -- HIGH RETURN COVERED CALL OPTIONS ----------- -- Intel Corp. (NASDAQ:INTC) Last Price 27.01 -- OCT 27.50 CALL OPTION@ $0.90 -> 5.3 % Return assigned* -- Amylin Pharmaceuticals, Inc. (NASDAQ:AMLN) Last Price 20.03 -- SEP 17.50 CALL OPTION@ $3.30 -> 4.6 % Return assigned* -- Harrahs Entertainment, Inc. (NYSE:HET) Last Price 75.50 -- NOV 75.00 CALL OPTION@ $4.50 -> 5.6 % Return assigned* -- Caremark Rx, Inc. (NYSE:CMX) Last Price 46.96 -- DEC 45.00 CALL OPTION@ $4.10 -> 5.0 % Return assigned* -- The DirecTV Group, Inc. (NYSE:DTV) Last Price 15.83 -- DEC 15.00 CALL OPTION@ $1.45 -> 4.3 % 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 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, Hartford Financial Services Group, Chesapeake Energy Corp, and Mills Corp lead the list of companies with the most news stories while Alliant Energy and Cardinal Health are showing a spike in news. Hovnanian Enterprises, Baker Hughes, and Caremark Rx have the highest srtIndex scores to top the list of companies with positive news while Onyx Pharmaceuticals and Openwave System lead the list of companies with negative news reports. Goodyear Tire & Rubber 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 European shares are lower today, thanks to crude futures and a case of nerves ahead of U.S. non-farm payroll data due to be released this morning. Airlines tried to inject some life into the market as British Airways rose 1.1 percent after posting fiscal first-quarter net profit that more than doubled to 90 million pounds. German-American auto manufacturer, DaimlerChrysler dropped as The Wall Street Journal reported that the Justice Department is investigating whether the automaker's Mercedes unit paid bribes in at least a dozen countries. Meanwhile, rising crude prices and weakness on Wall Street combined with political uncertainty in Japan put considerable pressure on Asian stocks today. Currently six of the 15 markets that we track are in positive territory with an average return of -0.131. The September contract on sweet crude oil closed 0.85 percent higher. The benchmark crude contract was able to recover from Wednesday's two-percent haircut to close back above $61 per barrel. Investors are still dealing with supply-and-demand issues and political uncertainty stemming from Monday's death of King Fahd. 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 As expected, the Bank of England adjusted interest rates for the first time in exactly a year on Thursday morning, slicing the base rate down from 4.75% to 4.5%. The move came as the UK economy recently recorded its fourth straight quarter of mediocre GDP growth, with year-over-year second quarter expansion hitting just 1.7% -- the weakest performance since Q1 1993, as 97 publicly-traded British companies cut their quarterly earnings forecasts. Business leaders hailed the decision as the prudent one to take at such a time, with the BoE's proactive stance providing both reassurance, as well as giving the bank a little more room to maneuver and time to gauge the state of the economy through the late summer and into autumn before it contemplates its next move. Futures trading today shows traders think the BoE will cut rates by a further 0.25% in December. This is possible, but it's worth noting that while the UK economy has definitely lost some momentum, it could merely be a slight correction -- an inevitable scenario after a long period of excellent growth. The National Institute of Economic and Social Research says full-year economic growth will slow from 3.2% in 2004 to 2% this year. In Continental Europe, the European Central Bank did left interest rates at 2% (the lowest level since 1946) for the 26th straight month. The non-move came on a day when the International Monetary Fund cut its economic growth forecasts for the region from 1.6% to 1.3% this year and from 2.3% to 1.9% in 2006. As well as Deutsche Bank and Bear Stearns arguing that a Eurozone interest rate cut would have an adverse effect on the economy, the IMF also supported the ECB. In addition to applauding the bank's policy, it said economic commentators are currently too pessimistic. It did say, however, that the ECB faces a "credibility problem" because it places greater emphasis on controlling the Eurozone inflation rate -- a rate that has remained above its official target rate of 2% for a long time, given the rise in energy prices. Inflation hit a seven-month high of 2.2% in July from 2.1% in June. Considering the weak growth out of Europe, this should ultimately be bullish for the dollar. 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 8:30 AM July Non-farm Payrolls 8:30 AM July Unemployment Rate 9:40 AM July ECRI Inflation Gauge 3:00 AM June Consumer Credit 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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