Providian (NYSE:PVN)
Historical Stock Chart
From Jun 2019 to Jun 2024
MORNING UPDATE: brokersXpress, LLC issues alerts for FON, PVN,
WM, BA, and CMX
CHICAGO, June 7 /PRNewswire/ -- brokersXpress, LLC issues the following
Morning Update at 8:30 AM EDT with new PriceWatch Alerts for key stocks.
Before the open... PriceWatch Alerts for FON, PVN, WM, BA, and CMX, Market
Overview, Today's Economic Calendar, and the Quote Of The Day.
QUOTE OF THE DAY
"I call it the foxtrot economy. You get fast, fast economic numbers
followed by slow, slow ones."
-- Jeffrey Saut, chief investment strategist, Raymond James Financial
New PriceWatch Alerts for FON, PVN, WM, BA, and CMX...
PRICEWATCH ALERTS -- HIGH RETURN COVERED CALL OPTIONS -----------
-- Sprint Corp. (NYSE:FON)
Last Price 23.93 -- NOV 22.50 CALL OPTION@ $2.40 -> 4.5 % Return assigned*
-- Providian Financial Corp. (NYSE:PVN)
Last Price 17.63 -- DEC 17.50 CALL OPTION@ $1.05 -> 5.5 % Return assigned*
-- Washington Mutual Inc. (NYSE:WM)
Last Price 40.54 -- OCT 40.00 CALL OPTION@ $2.15 -> 4.2 % Return assigned*
-- Boeing Co. (NYSE:BA)
Last Price 65.55 -- NOV 65.00 CALL OPTION@ $4.20 -> 5.9 % Return assigned*
-- Caremark Rx, Inc. (NYSE:CMX)
Last Price 45.65 -- SEP 45.00 CALL OPTION@ $3.00 -> 5.5 % 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, Albertson's Inc, Lucent Technologies, and Novartis AG lead the
list of companies with the most news stories while Sears Holdings Corp and
Mittal Steel Co are showing a spike in news. XM Satellite Radio, Research In
Motion Ltd, and Procter & Gamble have the highest srtIndex scores to top the
list of companies with positive news while Las Vegas Sands Corp and Maxim
Integrated Products lead the list of companies with negative news reports. AU
Optronics 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
Overseas markets are looking better this morning, as 12 of the 15 foreign
indexes that we track are currently in positive territory. Asian markets seem
to be the only ones suffering, as the Nikkei and the Hang Seng were both lower,
due to fresh weakness in the U.S. dollar. Meanwhile, trading in Europe is
improving, as comments from U.S. Fed Chairman Alan Greenspan eased some
concerns over the state of Fed's interest rate policy, while crude prices eased
off of their fresh highs.
Futures were trading higher this morning, as Fed Chair Alan Greenspan's remarks
seemed to add resolve to the U.S. market. The Fed Chair did comment on the
decline of long-term interest rates during the past year, noting that the
phenomenon was a conundrum in light of the Fed's steady tightening of rates.
Assisting the rise in the equity market was a pullback in crude prices, as the
July contract on crude oil slipped 26 cents lower to $54.23 per barrel in early
trading.
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
TODAY'S ECONOMIC CALENDAR
7:45 A.M. June 4 ICSC Store Sales Index
8:55 A.M. June 4 Redbook Retail Sales Index
1:00 P.M. Dallas Fed Pres Fisher participates in "Riding the Waves of
the Global Economy" conference for high school faculty in Dallas
3:00 P.M. April Consumer Credit
5:00 P.M. June 4 ABC/Washington Post Consumer Confidence Index
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/