PDG Placer Dome

CHICAGO, Sept. 16 /PRNewswire/ -- Seven Summits Research issues the following Morning Update at 8:30 AM EDT with new PriceWatch Alerts for key stocks. Before the open... PriceWatch Alerts for GOOG, AMTD, GM, PDG, and DTV, Market Overview, News leaders and Laggards, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "Gasoline prices have gone through the roof." -- Patrick Jackman, analyst, Labor Department New PriceWatch Alerts for GOOG, AMTD, GM, PDG, and DTV... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS ----------- -- Google Inc. (NASDAQ:GOOG) Last Price 302.62 - OCT 300.00 CALL OPTION@ $15.40 -> 4.4 % Return assigned* -- Ameritrade Holding Corp. (NASDAQ:AMTD) Last Price 21.17 - NOV 20.00 CALL OPTION@ $2.00 -> 4.3 % Return assigned* -- General Motors Corp. (NYSE:GM) Last Price 32.55 - DEC 30.00 CALL OPTION@ $3.80 -> 4.3 % Return assigned* -- Placer Dome Inc. (NYSE:PDG) Last Price 16.19 - DEC 15.00 CALL OPTION@ $1.85 -> 4.6 % Return assigned* -- The Directv Group Inc. (NYSE:DTV) Last Price 15.14 - DEC 15.00 CALL OPTION@ $0.90 -> 5.3 % 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. MARKET OVERVIEW Overseas markets are decidedly bullish this morning as most of the indices that we track are in the green. Interestingly, European indices are unanimously in the green, but the Nikkei, Hang Seng and the Straits Times Index lost ground during the day. The Hang Seng was forced to its lowest level in the month after being led into the red by real estate stocks. This is attributed the potential of a U.S. interest rate hike later next week. The FTSE, on the other hand galloped past the 5,400 level, as investors digested merger and acquisition news. The October futures contract on sweet crude oil lost 0.52 percent, slipping below the $65 level, which has been a battlefield this week. Interestingly, the 10-day and 20-day moving averages on the contract completed a bearish cross Thursday. The American Automobile Association reports that gasoline prices are falling at the pump, with the average price for regular at $2.915 yesterday. Get Free Stock Picks from Bernie Schaeffer, 3 time winner of the Wall Street Journal Stock Picking Contest. For your Free Trial go to: http://www.investorsobserver.com/freemo2 DYNAMIC MARKET OPPORTUNITIES The latest figures from Britain show the UK housing slowdown is in full swing. Despite 1.6% rise in house prices in August - the biggest monthly rise since September 2004 - the nation's biggest mortgage lender, Halifax, said the three-month annual inflation rate sunk to 2.5%. That's a huge drop from the 21% annual inflation rate this time last year. While that contrasts with Nationwide's assessment that August home prices edged down 0.2% in August and that inflation is down from a 20.5% annual rate a year ago, it isn't the damaging crash that many had feared, but more of a gentle deflation. Nevertheless, that's still hurt profits at two big British homebuilders, George Wimpey and Taylor Woodrow. Both companies saw UK home completions drop 10% in the six months to July, while UK-based profits at Wimpey and Woodrow slumped 31% and 17% respectively. However, it's thanks largely to the robust market in the US that both were able to offset their losses somewhat by recording healthy profits from overseas operations. Wimpey said its US home completions climbed 16%, while Woodrow notched up a 45% profit jump from overseas operations. Both have a heavy presence in US housing hotspots California and Florida. Elsewhere in Britain, energy costs are affecting the bottom line at many service sector companies. A quarterly report from the Confederation of British Industry and Grant Thornton shows that profits flattened out in the three months to August, thanks to rising energy bills. In fact, profitability at marketing, telecom and legal firms fell at the fastest rate since November 2002. Such news, of course, doesn't bode well for an economy that gleans the bulk of its economic growth from the service sector. In the absence of manufacturing sector activity, services have remained one of the key drivers of the UK economy, but with the housing market now slowing, consumers reducing their spending and retail sales declining sharply, the economy could well be at a turning point. 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 NEWS LEADERS AND LAGGARDS So far today, Myogen, International Paper, and Adobe Systems lead the list of companies with the most news stories while Geron Corp and Goodyear Tire & Rubber are showing a spike in news. Genzyme, Owens-Illinois, and Movie Gallery have the highest srtIndex scores to top the list of companies with positive news while American Express and Sealed Air Corp lead the list of companies with negative news reports. Corning 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/ TODAY'S ECONOMIC CALENDAR 8:30 AM Current Account Seven Summits Investment Research is an independent investment research group focusing on the U.S. equities and options markets. Our unique set of analytical tools, screening techniques, rigorous research methods and committed staff provide solid information to help our clients make the best investment decisions possible. For more information go to http://www.sevensummitsinvestmentresearch.com/ . CRD# 137114 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/agora 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 Catherine at 800-698-9101 or at http://www.cboe.com/Resources/Intro.asp. Privacy policy available upon request. DATASOURCE: Seven Summits Research CONTACT: Reid Stratton of Seven Summits Investment Research, +1-800-698-9101

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