(NYSE:SCH)
Historical Stock Chart
From Jul 2019 to Jul 2024
MORNING UPDATE: Mankus-Lavelle Group Issues Alerts for INTC, SCH,
CD, EK, and KG
CHICAGO, May 10 /PRNewswire/ -- Mankus-Lavelle Group issues the following
Morning Update at 8:30 AM EDT with new PriceWatch Alerts for key stocks.
Before the open... PriceWatch Alerts for INTC, SCH, CD, EK, and KG, Market
Overview, Today's Economic Calendar, and the Quote Of The Day.
QUOTE OF THE DAY
"With all the questions out there, nobody sees a real reason to stick their
neck out, and with nobody out there making bets, the path of least resistance
for this market is down."
-- Mike Viracola, managing director and co-head of equities, Adams
Harkness
New PriceWatch Alerts for INTC, SCH, CD, EK, and KG...
PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS
-- Intel Corp. (NASDAQ:INTC)
Last Price 24.80 - JUL 25.00 CALL OPTION@ $0.80 -> 4.2 % Return assigned*
-- Charles Schwab Corp. (NYSE:SCH)
Last Price 10.74 - SEP 10.00 CALL OPTION@ $1.15 -> 4.3 % Return assigned*
-- Cendant Corp. (NYSE:CD)
Last Price 20.85 - MAY 20.00 CALL OPTION@ $2.00 -> 6.1 % Return assigned*
-- Eastman Kodak Co. (NYSE:EK)
Last Price 25.72 - OCT 22.50 CALL OPTION@ $4.10 -> 4.1 % Return assigned*
-- King Pharmaceuticals Inc. (NYSE:KG)
Last Price 9.00 - OCT 7.50 CALL OPTION@ $2.10 -> 8.7 % 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, Shell Transport & Trading Company Plc., Toll Brothers Inc., and
Chiquita Brands International Inc. lead the list of companies with the most
news stories while Great Atlantic & Pacific Tea Co. and NRG Energy Inc. are
showing a spike in news. Audible Inc., Nortel Networks Corp., and Vertex
Pharmaceuticals Inc. have the highest srtIndex scores to top the list of
companies with positive news while eSpeed Inc. and NTL Inc. lead the list of
companies with negative news reports. Inamed Corp. 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
Trading overseas is rather grim, with only one of the 15 markets that we follow
in positive territory. The cumulative average return on the group stands at
-0.142 percent. Trading in Asia finished lower, with the Nikkei shedding
roughly 12 points and the Hang Seng ending down 0.19 percent. With little news
to direct stocks, the major European indices are grinding steadily lower today.
Futures are drifting lower this morning, pointing to a negative start to the
session. Cisco Systems is slated to release its third-quarter earnings results
after the close today. According to Zacks, the Street is looking for a profit
of 22 cents per share, up three cents from its year-ago profit. Speculation on
Cisco's outlook for the company and, potentially, the sector could keep tech
stocks hopping today.
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
No sooner does first quarter US GDP growth disappoint by hitting 3.1% -- 0.5%
lower than forecasts, a Bloomberg panel of economists has forecast second
quarter GDP growth at 3.2%. Although that would be up 0.1% from the first
quarter, the forecast is 0.5% lower than one made in April, thanks to higher
energy prices and the biggest buildup of inventories in five years, coupled
with slower sales. Elsewhere, the 274,000 new jobs created in April means the
US economy has now generated over three million positions since the start of
2004. Despite the frequent fluctuations, that still equates to an average of
about 200,000 per month. The hope is that such stout growth could offset higher
energy costs and tempt consumers back to the stores, helping solidify retail
sales and durable goods orders. On Thursday, the Commerce Department is
expected to say that retail sales climbed 0.5% in April, following 0.3% growth
in March. However, there's a good chance that April marked the top end of
employment growth perhaps until the end of the summer, given that manufacturing
demand isn't strong. In earnings news, Cisco Systems reports later today, with
Dell due on Thursday. Both are expected to beat earnings (Cisco by three cents;
Dell by nine cents), but it remains to be seen whether it will be enough to
drag the tech sector from its recent gloom. Overall, the first quarter
corporate earnings season continues to exceed expectations, with combined
profit growth set to rise 14% from Q1 2004. Monday's market action saw hefty
insider trading at Chesapeake Energy, with the Chairman/CEO and President/COO
each buying 100,000 shares. The stock finished up 3% on the news.
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TODAY'S ECONOMIC CALENDAR
7:45 A.M. May 7 ICSC Store Sales Index
8:55 A.M. May 7 Redbook Retail Sales Index
5:00 P.M. May 7 ABC/Washington Post Consumer Confidence Index
7:30 P.M. Dallas Fed Pres Fisher speaks on "A Walk around the World
Economy" at the World Affairs Council of Greater Dallas
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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 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