Stars (NASDAQ:TSG)
Historical Stock Chart
From Aug 2019 to Aug 2024
![Click Here for more Stars Charts. Click Here for more Stars Charts.](/p.php?pid=staticchart&s=N%5ETSG&p=8&t=15)
MORNING UPDATE: Man Securities Issues Alerts for BRCD, MRVL, CD, FDRY, and TSG
CHICAGO, March 1 /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 BRCD, MRVL, CD, FDRY, and TSG, Market
Overview, Today's Economic Calendar, and the Quote Of The Day.
QUOTE OF THE DAY
"When you're in the middle of a political campaign, there is no way that
candidates on either side are going to try to do anything on Social Security --
period."
-- Leon Panetta, former chief of staff, White House
New PriceWatch Alerts for BRCD, MRVL, CD, FDRY, and TSG...
PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS
-- Brocade Communications Systems Inc. (NASDAQ:BRCD)
Last Price 6.96 - JUL 6.00 CALL OPTION@ $1.40 -> 7.9 % Return assigned*
-- Marvell Technology Group Ltd. (NASDAQ:MRVL)
Last Price 45.75 - APR 45.00 CALL OPTION@ $2.85 -> 4.9 % Return
assigned*
-- Cendant Corp. (NYSE:CD)
Last Price 22.70 - MAY 22.50 CALL OPTION@ $1.20 -> 4.7 % Return
assigned*
-- Foundry Networks Inc. (NASDAQ:FDRY)
Last Price 23.60 - APR 22.50 CALL OPTION@ $2.35 -> 5.9 % Return
assigned*
-- Sabre Holdings Corp. (NYSE:TSG)
Last Price 22.69 - APR 22.50 CALL OPTION@ $1.25 -> 4.9 % Return
assigned*
* To learn more about how to use these alerts and for our FREE report, "The 18
Warning Signs That TellYou 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, "The Secrets of Smart Election Year Investing -
Insights, Stocks,And Strategies." go to:
http://www.investorsobserver.com/FREEelection
NOTE: All stocks and options shown are examples only. These are not
recommendations to buy or sell any security.
MARKET OVERVIEW
Overseas markets are charging hard right out of the gate, as 14 of the 15
markets that we track are currently positive. The cumulative average return on
the group stands at a positive 0.454 percent, headed up by the 2.088 percent
surge in the Nikkei overnight. The rally was said to have been broad- based
(developing over a general array of sectors) and pushed the index to a level not
seen since June 11, 2002. The February Purchasing Managers Manufacturing Index
in Germany rose to 53.4 from a 53.0 reading in January, indicating that the
manufacturing sector continues to expand in that country. The figure bested
analysts' opinions for a 52.8 reading (which seems to have been based upon the
strength in the euro).
Before the market open we will be informed on the January Personal Income
numbers. Currently analysts expect a rise of 0.6 percent, accelerating from
December's 0.2 percent advance. The companion report, January Personal
Spending, is expected to match the prior month with a 0.4 percent rise. I have
yet to see this report move the market. At 10:00 a.m., January Construction
Spending is seen at plus 0.4 percent, matching December's 0.4 percent rate of
growth amid higher outlays on homes and educational facilities. The December
increase followed a revised 0.5 percent rise in November from its initially
reported 1.2 percent jump. Potentially a market mover, the 10:00 a.m. release
of the February Institute of Supply Managers (ISM) Manufacturing Index is
expected to show a reading of 62.0, slightly lower than January's strong 63.6
reading. Around the noon hour, expect auto and truck sales figures for February
to start rolling across the wires. The earnings calendar starts off quite light
this week with homebuilder Hovnanian Enterprises reporting its first quarter
results, representing the most interesting issue. The calendar struggles to hit
75 companies this week as this earnings season is just about history.
Be prepared for the investing week ahead with Bernie Schaeffer's FREE Monday
Morning Outlook. For more details andto sign up, go to:
http://www.investorsobserver.com/freemo
DYNAMIC MARKET OPPORTUNITIES
This week will provide an interesting test for NASDAQ bulls. With today the
first trading day of a new month, we could see a bullish trend, as new 401K and
mutual fund money hits the market. But Brit Ryle, chief analyst at Money Flow
Matrix Trader, believes the test will come from the technicals. "The NASDAQ
closed at the 50-day moving average last Thursday. And it only just moved above
it briefly on Friday before breaking below again. Downside momentum has
increased and daily stochastics may head down too. Volume has been light during
the NASDAQ's recent bounce attempt. The rebound from support at 2,000 has been
subdued and the index appears ready to head down. With the NASDAQ looking weak,
and new fund money on the market, I'm curious to see if this trend continues.
Also, the February payroll numbers are due on Friday. Eventually, I think we'll
see an upside surprise here that will give Greenspan the go-ahead to hike
interest rates. I'm also curious to see if stocks can make headway ahead of
such a key economic event. So in summary, I think the NASDAQ is headed down,
but I'm going to wait until later today to enter any new downside positions."
Read Brit's thoughts, plus those from a network of other leading investment
analysts, and get incisive and witty economic commentary every day. Please
follow this link: http://www.investorsobserver.com/agora2
TODAY'S ECONOMIC CALENDAR
8:30 a.m.: January Personal Income (seen at plus 0.6 percent, last plus
0.2 percent).
8:30 a.m.: January Personal Spending (last at plus 0.4 percent).
9:30 a.m.: Fed Gov. Olson speaks at banking conference in Washington.
10:00 a.m.: January Construction Spending.
10:00 a.m.: February Institute of Supply Managers (ISM) Manufacturing
Index (seen at 62.0, last 63.6).
Man Financial Inc is one of the world's major futures and options brokers and
has been recognized as a leading option order execution firm for individuals and
institutions. Member CBOE/NASD/SIPC (CRD#6731). For more information and a
free CD with educational tools to help you invest smarter, see
http://www.investorsobserver.com/mancd
This Morning Update wasprepared 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/
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: Michael Lavelle of Man Securities, +1-800-837-6212
Web site: http://www.mansecurities.com/mu.html