MORNING UPDATE: Man Securities Issues Alerts for F, ICST, COST, FD, And XING
December 05 2003 - 8:39AM
PR Newswire (US)
MORNING UPDATE: Man Securities Issues Alerts for F, ICST, COST, FD,
And XING CHICAGO, Dec. 5 /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 F, ICST, COST, FD, and XING,
Market Overview, Today's Economic Calendar, and the Quote Of The
Day. QUOTE OF THE DAY "Today's payrolls number is really going to
have to exceed expectations for the market to, in my opinion, react
on the upside to it." -- Peter Boockvar, equity strategist, Miller
Tabak + Co. New PriceWatch Alerts for F, ICST, COST, FD, and
XING... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS
----------- -- Ford Motor Co. (NYSE:F) Last Price 13.10 - MAR 12.50
CALL OPTION@ $1.10 -> 4.2 % Return assigned* -- Intergrated
Circuit Systems (NASDAQ:ICST) Last Price 27.04 - APR 22.50 CALL
OPTION@ $5.90 -> 6.4 % Return assigned* -- Costco Wholesale
Corporation (NASDAQ:COST) Last Price 36.17 - APR 35.00 CALL OPTION@
$2.95 -> 5.4 % Return assigned* -- Federated Dept. Stores
(NYSE:FD) Last Price 48.39 - FEB 47.50 CALL OPTION@ $3.10 -> 4.9
% Return assigned* -- Qiao Xing Universal Telephone Inc.
(NASDAQ:XING) Last Price 10.79 - JAN 10.00 CALL OPTION@ $1.50 ->
7.6 % 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, "WiFi - The Buzz, The Facts, and a Company That
Could Be The Next Microsoft", go to:
http://www.investorsobserver.com/freewifimu NOTE: All stocks and
options shown are examples only. These are not recommendations to
buy or sell any security. MARKET OVERVIEW Overseas markets are
suffering from a little stage fright today, performing at their
poorest level of the week for this time of the morning. Currently
just one of the 15 markets that we track is positive. The
cumulative average return on the collective stands at minus 0.398
percent. Good news on the job front out of Canada as the jobless
rate fell to 7.5 percent in November from the 7.6 percent rate in
the prior month. The Canadian economy added jobs at a rate above
expectations for a third consecutive month, with November piling on
54,100 jobs to boost the total to 15,867,400. Analysts were looking
for a more modest increase of 20,000 jobs. This morning - like a
black Blackbird singing in the dead of night...all your life you
were only waiting for this moment to arise (John Lennon & Paul
McCartney). That moment arrives at 8:30 a.m. when the November
Non-Farm Payrolls number is released. Analysts currently see a rise
of 150,000, improving on the 126,000 figure of October. The October
report surprised to the upside by 71,000, but the market actually
finished lower on the day. The Bush administration fully expects
payrolls to start showing 300,000 monthly increases. Although the
consensus for November is 150,000, I have seen estimates as high as
the 350's. Now just what the market is expecting is an unknown.
Will the market "Take these broken wings and learn to fly" (not
that the market wings are broken, just a little literary license
not meant to belittle the true underlying meaning of a great song)?
The companion November Unemployment Rate is seen holding at 6.0,
matching October's 6.0 percent booking. At 10:00 a.m., the release
of the October Factory Orders report is expected to show a strong
2.2 percent rise, belittling September's 0.5 percent increase.
Consumer Credit is seen relenting to a $5.0 billion rise in October
from the burdening $15.1 billion taken on in September. We'll know
for sure at 3:00 p.m. 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 8:30 a.m.: November Non-Farm Payrolls
(seen at plus 150,000, last plus 126,000) 8:30 a.m.: November
Unemployment Rate (seen at 6.0, last 6.0 percent) 9:40 a.m.:
November ECRI Inflation Gauge (last 117.7) 10:00 a.m.: October
Factory Orders (seen at plus 2.2 percent, last plus 0.5 percent)
3:00 a.m.: October Consumer Credit (seen at plus $5.0 billion, last
plus $15.1 billion) 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.mansecurities.com/mu.html. 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 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
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