CHICAGO, Aug. 9 /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 ET, MCD, VC, BBI, and OVTI, Market Overview, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "It isn't that the Fed strategy isn't clear, but it's whether the Fed strategy will work." -- John P. Waterman, chief investment officer, Rittenhouse Asset Management New PriceWatch Alerts for ET, MCD, VC, BBI, and OVTI... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS ----------- -- E-trade Group (NYSE:ET) Last Price 16.10 - OCT 16.00 CALL OPTION@ $0.90 -> 5.3 % Return assigned* -- McDonalds Corp. (NYSE:MCD) Last Price 32.14 - DEC 32.50 CALL OPTION@ $1.50 -> 6.1 % Return assigned* -- Visteon Corp. (NYSE:VC) Last Price 9.85 - DEC 7.50 CALL OPTION@ $2.75 -> 5.6 % Return assigned* -- Blockbuster Inc. (NYSE:BBI) Last Price 8.01 - SEP 7.50 CALL OPTION@ $0.90 -> 5.5 % Return assigned* -- OmniVision Technologies Inc. (NASDAQ:OVTI) Last Price 12.19 - DEC 10.00 CALL OPTION@ $2.80 -> 6.5 % 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) ** 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: 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, Clear Channel Communications, Biogen Idec, and MCI lead the list of companies with the most news stories while King Pharmaceuticals and NRG Energy are showing a spike in news. Pixar, Time Warner, and AmeriCredit have the highest srtIndex scores to top the list of companies with positive news while Blockbuster and Amgen lead the list of companies with negative news reports. Walt Disney Co 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 cautiously higher ahead of today's interest-rate report from the FOMC, as eight of the 15 foreign indices that we track are currently in positive territory. This trepidation is reflected in the group's cumulative average return of a mere 0.169. In Japan, traders appeared to be largely unaffected by the political upheaval that followed parliament's defeat of the government's postal privatization bill on Monday. The Nikkei surged more than 121 points on the day, helped by better-than-expected domestic June machinery orders. In the rest of Asia, rising oil prices boosted indices. The economic calendar is packed today, as we are set to receive the preliminary non-farm productivity and unit labor costs for the second quarter before the open. Also, we get a peek at retail sales for the past week from the Redbook Retail Sales Index. However, the report that every one is waiting for is the FOMC decision on interest rates. While the Fed is largely expected to lift this key rate by 25 basis points to 3.5 percent, the wording of this release is always carefully scrutinized. Keep an eye out at 2:15 p.m. Eastern time for that first tick after the announcement, it could indicate the direction of the market heading into the 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: http://www.investorsobserver.com/freemo DYNAMIC MARKET OPPORTUNITIES The second week of August started brightly, with George Bush finally inking the new Energy Bill, worth around US$14.5 billion. Since this is double what he originally asked for, the president looks to have achieved a significant personal victory. However, one look at the oil market to see crude prices marching to yet another record high over US$64 a barrel will deflate his mood a little. The spike comes as the US closed its Embassy and Consulates in Saudi Arabia, the world's leading oil producer. The US government said that it received terrorist threats against the buildings. Traders worry that if terrorists strike against US positions in Saudi Arabia, they will probably also strike against oil production plants there, forcing refinery shutdowns that would reduce supply. Oil prices are rising even though the OPEC oil cartel said it had increased production by 300,000 barrels a day in the past two weeks to 30.4 million barrels per day. But the market seemingly prefers to focus more on the streak of problems plaguing US refineries lately. More than half a dozen, including Exxon-Mobil, BP, Valero Energy, and ConocoPhillips, have experienced unplanned outages over the past two weeks, reducing output of consumer end fuels like gasoline. Since March, the companies have operated at more than 90% of capacity, in hopes of meeting surging demand for gasoline and diesel. That, coupled with a decade of under-investment, and with no new refineries having been built in the US for over 30 years, means many plants are now finally starting to fail. To add to the turmoil in Saudi Arabia, Iran said it has resumed work at its uranium conversion plant, risking sanctions by restarting its nuclear program. Read more analysis from the 247Profits Group every trading day with the FREE 247Profits e-Dispatch, featuring insightful economic commentary, profitable investment recommendations, and full access to a leading team of financial experts. Register for free here: http://www.247profits.com/enter.html TODAY'S ECONOMIC CALENDAR 7:45 a.m. Aug 6 ICSC Store Sales Index 8:30 a.m. 2Q Prelim Non-Farm Productivity 8:30 a.m. 2Q Prelim Unit Labor Costs 8:55 a.m. Aug 6 Redbook Retail Sales Index 10:00 a.m. June Wholesale Trade 2:15 p.m. FOMC decision on interest rates 5:00 p.m. Aug 6 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: brokersXpress, LLC CONTACT: Mike Lavelle of Mankus-Lavelle Group, +1-800-230-5570

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