NWAC Northwest Airlines (MM)

MORNING UPDATE: Mankus-Lavelle Group issues alerts for YHOO, LSI, NWAC, MYL, and TLAB CHICAGO, June 2 /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 YHOO, LSI, NWAC, MYL, and TLAB, Market Overview, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "I think we're at an inflection point where bad news is starting to become good news." -- Bryan Piskorowski, market analyst, Wachovia Securities. New PriceWatch Alerts for YHOO, LSI, NWAC, MYL, and TLAB... PRICEWATCH ALERTS -- HIGH RETURN COVERED CALL OPTIONS ----------- -- Yahoo Inc. (NASDAQ:YHOO) Last Price 38.42 -- OCT 35.00 CALL OPTION@ $5.20 -> 5.4 % Return assigned* -- LSI Logic Corp. (NYSE:LSI) Last Price 7.38 -- OCT 7.50 CALL OPTION@ $0.75 -> 13.1 % Return assigned* -- Northwest Airlines Corp. (NASDAQ:NWAC) Last Price 5.91 -- JUL 5.00 CALL OPTION@ $1.15 -> 5.0 % Return assigned* -- Mylan Laboratories Inc. (NYSE:MYL) Last Price 17.24 -- OCT 15.00 CALL OPTION@ $2.85 -> 4.2 % Return assigned* -- Tellabs Inc. (NASDAQ:TLAB) Last Price 8.23 -- SEP 7.50 CALL OPTION@ $1.05 -> 4.5 % Return assigned* * To learn more about how to use these alerts and for 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: You may need to copy the link above into your browser then press the [ENTER] key) ** For our FREE report, "The 18 Warning Signs That Tell You When To Dump A Stock", go to: http://www.investorsobserver.com/mu18 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, Marriott International, bebe stores, and Chico's FAS lead the list of companies with the most news stories while Claire's Stores and Micron Technology are showing a spike in news. Costco Wholesale, Wal-Mart Stores, and Hot Topic have the highest srtIndex scores to top the list of companies with positive news while Pier 1 Imports and Vimpel-Communications lead the list of companies with negative news reports. Google 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 Yesterday was a rough day for the European Union (EU) constitution, but European stocks were able to take a turn for the better as investors mulled over the Dutch rejection of the constitution. While the DAX, the Dutch AEX and the CAC were able to tack on gains, London's FTSE 100 wasn't as lucky, dropping by 0.1 percent to 5,003. Most of the Asian markets that we track slid lower Thursday, with the Nikkei 225 ending its 5-day bullish streak. In the land down under, Australia's S&P/ASX 200 index tacked on 0.8 percent thanks to yesterday's rise in crude futures. Currently, nine of the markets that we track have been able to battle their way higher. The June contract on sweet crude oil added $2.48, easily destroying the notion that the 52 level might offer resistance. Traders await Thursday's inventory announcements, so the day might bring further swings; after today's bold price hikes there is plenty of downside potential if the figures show plentiful supplies. 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 Politically and economically, Europe is in deep trouble. Last Sunday, the French voted a resounding "no" to the European Constitution -- the confusing 400-page document that is supposed to bind the European Union together with a distinct, streamlined set of laws and policies. The result showed 55% of voters against the treaty, delivering a damning verdict to President Jacques Chirac, Jean-Pierre Raffarin (who quickly quit as prime minister) and original creator of the charter, Valery Giscard d'Estaing. It also plunged the rest of Europe into turmoil. European Commission president Jose Manuel Barroso said the result creates a "very serious problem" for the European Union. There is no "Plan B," nor is there any immediate inclination to rework the treaty. Adding to the misery, 63% of Dutch voters also rejected the Constitution on Wednesday. In calling for a period of "reflection" and moving to scrap plans for a national referendum in Britain, Tony Blair looks headed for a showdown with Chirac. Blair and the UK assume the rotating EU presidency on July 1, with Blair saying there are now "profound questions about the future of Europe and the European economy." It will be virtually impossible to get British voters to approve a document that the French and Dutch have already rejected. This contrasts with Messrs. Chirac, Barroso and German leader Gerhard Schroeder (whose country ratified the bill through a parliamentary vote), who disapprove of Britain's push for economic reform and insist that other nations hold referenda as planned. They have cited a ruling that calls for a summit if four-fifths of the EU approves the treaty. More strife looks likely if the Eurozone unemployment rate continues to hover around 10% while economic growth slows. It was always going to be a mammoth task to persuade citizens from 25 diverse nations to approve a confusing "one size fits all" treaty, but Europe's future looks very murky. Do the French and Dutch "no" votes signal the end for the European Union? It's certainly killed the Constitution for now. The news bodes well for the dollar, which could profit by gaining some momentum against the euro. 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 8:00 A.M. Minneapolis Fed President Stern speaks on banking and his book "Too Big to Fall" at the Conference of State Bank Supervisors in San Antonio 8:30 A.M. May 28 Initial Jobless Claims 8:30 A.M. 1Q Revised Non-Farm Productivity 8:30 A.M. 1Q Revised Unit Labor Costs 10:00 A.M. May 14 DJ-BTM Business Barometer 10:00 A.M. April Factory Orders 10:00 A.M. May Challenger Layoffs Survey 4:30 P.M. May 28 Money Supply 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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