MORNING UPDATE: Seven Summits Research Issues Alerts for VZ, BUD, PD, AMLN, and HLT

CHICAGO, Oct. 27 /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 VZ, BUD, PD, AMLN, and HLT, Market Overview, News Leaders and Laggards, Today's Economic Calendar, and the Quote Of The Day.

QUOTE OF THE DAY

"What I have in mind here is not a formal inflation target but rather a tool for aiding communication. The main purpose of this quantification of price stability would be to provide some guidance to the public and to financial markets as they try to forecast FOMC behavior."

-- Ben Bernanke, Chairman, US Council of Economic Advisors New PriceWatch Alerts for VZ, BUD, PD, AMLN, and HLT... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS -- Verizon Communications Inc. Last Price 30.59 - APR 30.00 CALL OPTION@ $2.00 -> 4.9 % Return assigned* -- Anheuser-Busch Companies Inc. Last Price 40.80 - MAR 40.00 CALL OPTION@ $2.35-> 4.0 % Return assigned* -- Phelps Dodge Corp. Last Price 126.40 - DEC 125.00 CALL OPTION@ $7.10 -> 4.8 % Return assigned* -- Amylin Pharmaceuticals Inc. Last Price 37.99 - DEC 35.00 CALL OPTION@ $4.60 -> 4.8 % Return assigned* -- Hilton Hotels Corp. Last Price 19.81 - APR 17.50 CALL OPTION@ $3.20 -> 5.4 % 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

In overseas trading, the various major market indices have rolled over and are headed lower. Of the 15 markets that we follow, only one (the Nikkei) is in positive territory. The cumulative average return on the group stands at a loss of 0.739 percent. In Asia, the Nikkei added 0.2 percent to close the session at 13,417.08, helped by gains at Toyota Motor (TM), which added 0.7 percent. TM's gains came in part from a report Wednesday that it's poised to surpass GM in terms of production. Meanwhile, the Hong Kong Hang Seng slipped 0.5 percent. Turning to Europe, the London FTSE 100 has shed 0.62 percent. The French CAC 40 and the German Dax have both dipped 1.2 percent.

The December futures contract on sweet crude oil has been trading in a tight range for the past week or so between 60 and 63. Yesterday, the near- dated contract gave back nearly all of Monday's gains and closed near the day's low at 60.66. In early trading today, the contract is back up 0.8% to 61.15.

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

NEWS LEADERS AND LAGGARDS

So far today, Aetna, Amylin Pharmaceuticals, and Digital River lead the list of companies with the most news stories while Express Scripts and Elan Corp. are showing a spike in news. Verizon, Dow Chemical, and Corning have the highest srtIndex scores to top the list of companies with positive news while Martha Stewart Living Omnimedia and General Motors lead the list of companies with negative news reports. Sony 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 7:00 a.m. Oct 22 MBA Refinancing Index 10:00 a.m. Sept Chicago Fed Nat'l Activity Index 10:30 a.m. Oct 21 U.S. Energy Dept Crude Oil Stocks 10:30 a.m. Oct 21 U.S. Energy Dept Distillate Stocks 10:30 a.m. Oct 21 U.S. Energy Dept Gasoline Stocks 11:00 a.m. Oct Kansas City Fed Mfg Index

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.