PKS Six Flags

CHICAGO, Jan. 17 /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 HPQ, WMT, MRVL, RTN, and PKS, Market Overview, News Leaders and Laggards, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity." -- Martin Luther King Jr. New PriceWatch Alerts HPQ, WMT, MRVL, RTN, and PKS... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS -- Hewlett-Packard Co. (NYSE:HPQ) Last Price 31.90 - MAY 30.00 CALL OPTION@ $3.50 -> 5.6 % Return assigned* -- Wal-Mart Stores Inc. (NYSE:WMT) Last Price 45.40 - JUN 45.00 CALL OPTION@ $2.75 -> 5.5 % Return assigned* -- Marvell Technology Group Ltd. (NASDAQ:MRVL) Last Price 64.46 - FEB 62.50 CALL OPTION@ $4.60 -> 4.4 % Return assigned* -- Raytheon Co. (NYSE:RTN) Last Price 40.86 - AUG 40.00 CALL OPTION@ $2.85 -> 5.2 % Return assigned* -- Six Flags Inc. (NYSE:PKS) Last Price 10.23 - JUN 10.00 CALL OPTION@ $1.30 -> 12.0 % 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 In overseas action this morning, two of the 15 markets we track have been able to work into positive territory. In London, crude has once again topped the $65 mark, which helped push the FTSE into negative territory. Crude moved higher thanks to worries about the nuclear situation in Iran. In Asia, Japan's securities watchdogs launched an investigation of Internet portal, Livedoor. The investigation centers on potential securities-law violations relating to the disclosure of buyout information. The ensuing selling pressure sent the Nikkei to its largest single-day point loss since May 2004. Yesterday, spot prices for gold climbed as high as $562 an ounce, hitting a fresh 25-year high. Gold moved higher, even though most participants were out for the Martin Luther King Jr. holiday. On Friday, prices for the February gold contract increased to a high of $558.80 an ounce, the highest intraday price since March 1981. The precious metal gained nearly $16 an ounce last week. The February crude contract has surged past the $65 level to a three-month high this morning, thanks to concerns about Iran's resumption of its nuclear program. Attacks on Royal Dutch Shell facilities in Nigeria have also impacted the price of black gold. At last check, crude was $1.23 higher at $65.15 per barrel. 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 DYNAMIC MARKET OPPORTUNITIES For just about the first time in his current position, British Chancellor Gordon Brown has suffered the rather embarrassing situation of getting his economic growth forecast very wrong. Over the past few years, the ever- optimistic chief of Britain's finances has continually enjoyed being proved right over the naysayers who believe his forecasts are too high. The numbers come in, Brown's projection is borne out and the man wins a little more credit. But Brown got it very wrong in 2005, having been forced to slash UK GDP growth in half -- from 3.5% to 1.75%. He also said that the government would exceed its borrowing limit within the current economic cycle -- so promptly extended the cycle by another two years, a decision that would see the government achieve its fiscal borrowing limit by �16 billion. That decision drew jeers and derision from opposition parties. But besides being admonished and ridiculed by them, Brown has also just taken a verbal shot from the European Commission for breaking his borrowing targets. However, although the UK's budget deficit just exceeded 3% of national GDP (the 12 Eurozone nations must obey the Growth and Stability Pact law that their deficits must not exceed 3%) for the second consecutive year, the country isn't in the Eurozone and isn't playing by those rules. So even if the EC thinks the UK is going to keep breaking the law, ministers are virtually powerless to do anything because they have no jurisdiction over the country. Nevertheless, the EC has gone as far to suggest that EU finance ministers impose a deadline on Brown to get the UK deficit back under 3%. With Germany, France, Italy, Greece and Portugal all breaking the 3% rule over the past few years -- and thus far managing to escape the mandated fine, thanks to some rather weak- willed eurocrats -- Brown has fought back, saying the ill-conceived EU Growth and Stability Pact rule shouldn't be enforced too rigidly, to the point where it oppresses countries. Read more economic/market/stock analysis from the Taipan Group and 247Profits.com every trading day with the FREE 247Profits 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.247profits.com/enter.html NEWS LEADERS AND LAGGARDS So far today, McDonald's leads the list of companies with positive news stories on news of higher global comparable store sales in December. Forest Laboratories and Fifth Third Bancorp lead the list of companies with negative news after missing analysts' estimates for earnings. Lehman Brothers downgraded Caterpillar from Overweight to Equal-weight and CS First Boston downgrades Qualcomm from Outperform to Neutral. 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 8:30 a.m. Jan NY Fed Mfg Index 9:15 a.m. Dec Indus Production 9:15 a.m. Dec Capacity Utilization 5:00 p.m. Jan 15 ABC/Washington Post Consumer Confidence Index 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 every trading day with the FREE 247Profits 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.247profits.com/enter.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

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