MORNING UPDATE: Man Securities Issues Alerts for PFE, VOD, HL, MAY, And AMX
February 17 2004 - 9:31AM
PR Newswire (US)
MORNING UPDATE: Man Securities Issues Alerts for PFE, VOD, HL, MAY,
And AMX CHICAGO, Feb. 17 /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 PFE, VOD, HL, MAY, and AMX,
Market Overview, Today's Economic Calendar, and the Quote Of The
Day. QUOTE OF THE DAY "We really ought to be pointing towards a
convergence to zero. That's where we need to go. We need to get on
a path to a truly balanced budget." -- John Snow, Treasury
Secretary, United States New PriceWatch Alerts for PFE, VOD, HL,
MAY, and AMX... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL
OPTIONS ----------- -- Pfizer Inc. (NYSE:PFE) Last Price 37.38 -
JUN 37.50 CALL OPTION@ $1.55 -> 4.7 % Return assigned* --
Vodafone Group Plc (NYSE:VOD) Last Price 25.76 - APR 25.00 CALL
OPTION@ $1.85 -> 4.6 % Return assigned* -- HeclaMining Co.
(NYSE:HL) Last Price 7.96 - MAR 7.50 CALL OPTION@ $0.85 -> 5.5 %
Return assigned* -- May Department Stores Co. (NYSE:MAY) Last Price
34.80 - JUN 35.00 CALL OPTION@ $1.90 -> 6.4 % Return assigned*
-- America Movil, S.A. (NYSE:AMX) Last Price 35.78 - MAY 35.00 CALL
OPTION@ $2.30 -> 4.5 % 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, "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
looking quite chipper this morning as 13 of the 15 markets that we
track are currently in positive territory. The cumulative average
return on the group stands at a positive 0.590 percent. A sentiment
survey of financial analysts indicated that the polled group was a
bit less optimistic about Germany's growth prospects in February
than the previous month. The Zentrum fuer Europaeische
Wirtschaftsforschung's (ZEW) economic expectations index fell to
69.9 in January from the 72.9 posted in December and below the 72.4
that economists had forecast. For reference purposes, a number
above zero signals that more analysts are optimistic than
pessimistic on the economic outlook. The index remained well above
the low of 0.6 recorded in December 2002 and exceeded the
historical mean of 33 points, suggesting that economic recovery is
under way. The 8:30 a.m. release of the February Empire State
Manufacturing Survey is expected to show an advance to 40.5 from
January's reading of 39.22. At 9:15 a.m., January Capacity
Utilization is expected to have improved to 76.2 percent of use
(last 75.8 percent). The companion report, January Industrial
Production, is expected to have posted a strong 0.7 percent rise
versus December's plus 0.1 percent effort. Overall, it will be a
reasonably light week on both the earnings and economic calendars.
On Thursday the producer level is accompanied by January leading
indicators. By Friday, a look at inflation at the consumer level is
accompanied by an appearance of Federal Reserve Chairman Greenspan.
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 DYNAMIC MARKET
OPPORTUNITIES With the market taking an extended breather over the
holiday weekend, what can you expect fromtoday's activity? Studies
show that the market usually advances the day after Presidents'
Day, as traders return in a buying mood. In fact, that's been the
case for the Dow in each of the last ten years. Brit Ryle, chief
trading strategist at Money Flow Matrix Trader, says, "The
potential for a rally this morning is strong. However, depending on
conditions, this could be an ideal time to enter a new put
position. My charts indicate the NASDAQ is going to forego a
re-test of recent highs at 2153 and should have another 1-3 days of
weakness. However, I'm not ruling out the possibility of more
upside. While I believe the NASDAQ is establishing a top, resulting
in a deeper correction than we've seen in over a year, it's not the
type of top that clearlyshows a change in trend. So to sum up, I'm
looking for another 1-3 days of weakness, followed by a rally at
the end of the week." To sign up and receive information on where
to invest your money, read incisive daily political, economic, and
market commentary, and gain access to a network of financial
experts, follow this link: http://www.investorsobserver.com/agora2
TODAY'S ECONOMIC CALENDAR 8:30 a.m.: February Empire State
Manufacturing Survey (last 39.22). 9:15 a.m.: January Capacity
Utilization (last 75.8 percent). 9:15 a.m.: January Industrial
Production (last plus 0.1 percent). 1:00 p.m.: February NAHB
Housing Index. 6:30 p.m.: ABC/Money Magazine Consumer Confidence
for the week ending February 14 (last minus 6). FYI: Wisconsin
primary. 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 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:
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247profits e-Dispatch. Go to:
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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
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