MORNING UPDATE: Man Securities Issues Alerts for TXN, NEM, TGT, CNET, and MACR
December 06 2004 - 9:52AM
PR Newswire (US)
MORNING UPDATE: Man Securities Issues Alerts for TXN, NEM, TGT,
CNET, and MACR CHICAGO, Dec. 6 /PRNewswire/ -- Man Securities
issues the following Morning Update at 8:30 AM EST with new
PriceWatch Alerts for key stocks. (Logo:
http://www.newscom.com/cgi-bin/prnh/20020214/MANSECLOGO ) Before
the open... PriceWatch Alerts for TXN, NEM, TGT, CNET, and MACR,
Market Overview, Today's Economic Calendar, and the Quote Of The
Day. QUOTE OF THE DAY "You've got an overbought market that's going
to remain overbought." -- Chris Johnson, manager quantitative
analysis, Schaeffer's Investment Research. New PriceWatch Alerts
for TXN, NEM, TGT, CNET, and MACR... PRICEWATCH ALERTS - HIGH
RETURN COVERED CALL OPTIONS -- Texas Instruments Inc. (NYSE:TXN)
Last Price 25.10 - JAN 25.00 CALL OPTION@ $1.25 -> 4.8 % Return
assigned* -- Newmont Mining Corp. (NYSE:NEM) Last Price 46.38 - MAR
42.50 CALL OPTION@ $5.50 -> 4.0 % Return assigned* -- Target
Corp. (NYSE:TGT) Last Price 51.70 - APR 50.00 CALL OPTION@ $3.80
-> 4.4 % Return assigned* -- CNET Networks, Inc. (NASDAQ:CNET)
Last Price 11.10 - APR 10.00 CALL OPTION@ $1.80 -> 7.5 % Return
assigned* -- Macromedia Inc. (NASDAQ:MACR) Last Price 30.96 - JAN
30.00 CALL OPTION@ $2.55 -> 5.6 % 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) ** For
the FREE report, "Is Your Investment Portfolio Disaster Proof? -
Insights, Stocks, And Strategies." go to:
http://www.investorsobserver.com/FREEDP NOTE: All stocks and
options shown are examples only. These are not recommendations to
buy or sell any security. MARKET OVERVIEW Overseas markets have a
definite bearish bias this morning as most of the markets that we
track are in a sea of red. The FTSE is currently down 23.90 points
as the falling dollar continues to have an adverse effect even
though oil prices have eased. The recent attack on the US Consulate
in Jeddah could also be having a negative effect. In Asian markets,
the Hang Seng has managed to stay in positive territory and is up
0.32%. The BSE Sensex ended flat after being able to recoup from
losses during the morning session. News of reforms in the banking
sector pushed shares of that sector up. It could be a very quiet
day today, as there really isn't anything scheduled that has the
potential to move the markets very much. There is no major economic
news and only a handful of significant earnings reports. The news
of the attack on the US consulate in Jeddah can be expected to play
a part in today's trading action. It is days like these when you
least expect a move -- one could happen. Plus on Thursday and
Friday we didn't see much movement, so expect some action any day
now. 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 While it's hard to overlook a country with the
world's second largest population -- over one billion (and rising
by 15 million per year, according to the United Nations), many
investors have done so. But a concerted effort by the Indian
government means it is worthwhile looking for Indian stocks poised
to run. India's foreign trade has increased 10% from last year, and
that number is relatively small compared to predicted future
growth. With the rupee at a low point, many American companies are
much less reluctant to do business with Indian companies as opposed
to their counterparts in Korea and Taiwan, whose currencies are
very strong against the dollar. Combined with the outsourcing of
tech service jobs from the U.S. to India and the strength of Indian
software companies, trade between the two nations is rising and
shows no sign of stopping. Even more important is the alliance
India is poised to make with the Association of SouthEast Asian
Nations (ASEAN). ASEAN, which includes ten Asian nations and is
forming pacts with 7 others, is establishing the world's largest
free trade bloc. Ties with ASEAN not only strengthen India's trade
prospects, but also add infrastructure support. According to the
International Monetary Fund, India's GDP rose 6.7% in 2004,
compared with 6.4% growth in 2003. And a further boost could come
as companies such as Nokia and Microsoft develop further, and set
up facilities in India. It's odd to consider a country of India's
size as an "emerging market," but the numbers suggest India is only
just starting its growth. India's markets are currently
outperforming those of better-developed China, riding the strong
performance of India's banks and software companies, and there are
companies in several sectors apparently poised for rapid growth.
With economic expansion and the recent signing of the "ASEAN-India
Partnership for Peace, Progress and Shared Prosperity," those who
look for opportunities in India could certainly be rewarded.
Receive incisive economic/market commentary, profitable advice and
access to a network of leading investment exports. Simply follow
this link: http://www.investorsobserver.com/agora2 TODAY'S ECONOMIC
CALENDAR 3:00 p.m.: November Treasury STRIPS Motley Fool Investing
Alert for 2005 -- "The Case Against Mutual Funds" -- New FREE
report details a more successful way for you to invest your money.
http://www.investorsobserver.com/phillips Man Securities is one of
the world's leading option order execution firms. Man's in-house
broker team offers a level of personal service and experience
unavailable from no-frills discount brokers. To improve your
understanding of option pricing get Man's FREE Margin/Option Wizard
software at: http://www.investorsobserver.com/mancd . Member
CBOE/NASD/SPIC. 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 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/ Motley Fool Stock Advisor -- Free
Investing Alert for 2005 Learn why funds virtually force you to own
BAD investments. Plus, why fund investors are virtually assured of
MISSING OUT on Wall Street's big winners.
http://www.investorsobserver.com/phillips 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 Sharon at 800-837-6212 or at
http://www.cboe.com/Resources/Intro.asp . Privacy policy available
upon request.
http://www.newscom.com/cgi-bin/prnh/20020214/MANSECLOGO
http://photoarchive.ap.org/ DATASOURCE: Man Securities CONTACT:
John Gannon of Man Securities, +1-800-837-6212 Web site:
http://www.mansecurities.com/mu.html
Copyright
ZW Data Action Technolog... (NASDAQ:CNET)
Historical Stock Chart
From Jun 2024 to Jul 2024
ZW Data Action Technolog... (NASDAQ:CNET)
Historical Stock Chart
From Jul 2023 to Jul 2024