(NYSE:SCH)
Historical Stock Chart
From Jul 2019 to Jul 2024
MORNING UPDATE: Man Securities Inc. issues alerts for LLY, DNA,
SCH, MMM, and CVTX
CHICAGO, April 18 /PRNewswire/ -- Man Securities issues the following Morning
Update at 8:30 AM EDT with new PriceWatch Alerts for key stocks.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020214/MANSECLOGO )
Before the open... PriceWatch Alerts for LLY, DNA, SCH, MMM, and CVTX, Market
Overview, Today's Economic Calendar, and the Quote Of The Day.
QUOTE OF THE DAY
"I think we're headed for continued above trend line noninflationary
growth...with strong jobs pickup and strong GDP growth."
-- John Snow, Treasury Secretary, United States Of America
New PriceWatch Alerts for LLY, DNA, SCH, MMM, and CVTX...
PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS -----------
-- Lilly (Eli) and Co. (NYSE:LLY)
Last Price 58.07 - OCT 55.00 CALL OPTION@ $5.60 -> 4.8 % Return assigned*
-- Genentech Inc. (NYSE:DNA)
Last Price 69.35 - SEP 65.00 CALL OPTION@ $9.00 -> 7.7 % Return assigned*
-- Charles Schwab Corp. (NYSE:SCH)
Last Price 10.12 - SEP 10.00 CALL OPTION@ $0.80 -> 7.3 % Return assigned*
-- 3M Co. (NYSE:MMM)
Last Price 80.86 - OCT 80.00 CALL OPTION@ $5.10 -> 5.6 % Return assigned*
-- CV Theraputics Inc. (NASDAQ:CVTX)
Last Price 20.73 - MAY 15.00 CALL OPTION@ $6.60 -> 6.2 % 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.
NEWS LEADERS AND LAGGARDS
So far today, Adobe Systems Inc., Honeywell International Inc., and Macromedia
Inc. lead the list of companies with the most news stories while Hanover
Compressor and Liberty Media Corp. are showing a spike in news. Bank of America
Corp., 3M Co., and Eli Lilly and Co. have the highest srtIndex scores to top
the list of companies with positive news while Hasbro Inc. and Cameco Corp.
lead the list of companies with negative news reports. Avid Technology Inc. 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 trading is once again heavily skewed toward the negative side, as not
one of the markets that we follow is in positive territory at the moment. The
cumulative average return on the group stands at a 2.125-percent loss. Mounting
tensions between China and Japan spurred heavy losses in the Asian markets,
while poor earnings reports in Europe are extending losses there so far today.
The May contract on sweet crude oil lost 0.64 on Friday. Energy Department
data suggests that gas prices spiked in March, as customers dished out $2.12
per gallon when the tanks were running low. In February, gasoline cost roughly
$1.95 per gallon, 8.7 percent lower than the cost in March. In early market
trading, the May futures contract on crude oil dropped below $50 per barrel,
and was last seen trading at $49.96, down 53 cents from Friday's close.
Be prepared for the investing week ahead with Bernie Schaeffer's FREE Monday
Morning Outlook. For more details and to sign up, go to:
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DYNAMIC MARKET OPPORTUNITIES
There was good news for US manufacturers and exporters last Friday. At a
crucial meeting, the International Trade Commission voted 4-2 to allow the US
to maintain its five-year period of trade tariffs on steel imports from Japan,
Brazil and Russia. Had it not done so, there's a good chance that removal of
the levies, which range from 20-50%, would have had an unfair impact on the US
- an unfortunate situation, given that the steel industry is currently
experiencing a major bull market. Surging demand is outstripping supply across
the globe, as the economies of US, China and many others continue to expand
solidly. Without the tariffs, however, it would have allowed foreign
competitors to sell their steel at below-market prices and led to a rise in
cheap imports. Elsewhere, the US housing market appears to be losing some steam
- at least in southern California. Following a remarkable 14-month run in which
home prices appreciated at least 20% or more each month, March finally saw
price inflation of "just" 18.6%. That's according to the latest survey from
DataQuick Information Systems in La Jolla. While it was pretty obvious such
hefty gains couldn't continue forever, the March figure nevertheless shows a
very strong regional market, which essentially serves as a snapshot of many
other areas in the US. Mortgage financer Freddie Mac just reported that 30-year
mortgage rates fell to a one-month low of 5.9%, another factor helping to drive
the market. In Los Angeles and Orange counties, the number of homes available
for sale today is just half the total from six months ago. That not only shows
a fierce demand for homes, but also that current inventory is tight. In fact,
Orange County is the most expensive market, with the median price an
extraordinary US$565,000 following a 16.5% jump in the year to March. Los
Angeles County's median price soared over 17% to US$440,000.
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TODAY'S ECONOMIC CALENDAR
1:00 P.M. US April NAHB Housing Index
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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.
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DATASOURCE: Man Securities
CONTACT: John Gannon of Man Securities Inc., +1-800-837-6212
Web site: http://www.mansecurities.com/mu.html