MORNING UPDATE: Seven Summits Research Issues Alerts for SGP, SWN, KLAC, LYO, and IIJI

CHICAGO, Dec. 2 /PRNewswire/ -- Seven Summits Research issues the following Morning Update at 8:30 AM EST with new PriceWatch Alerts for key stocks.

Before the open... PriceWatch Alerts for SGP, SWN, KLAC, LYO, and IIJI, Market Overview, Dynamic Market Opportunities, News Leaders and Laggards, Today's Economic Calendar, and the Quote Of The Day.

QUOTE OF THE DAY "The economy has weathered the hurricanes and volatile energy prices," -- Matthew Slaughter, White House Council of Economic Advisers, USA New PriceWatch Alerts for SGP, SWN, KLAC, LYO, and IIJI... PRICEWATCH ALERTS -- HIGH RETURN COVERED CALL OPTIONS -- Schering-Plough Corp. Last Price 19.05 - MAY 17.50 CALL OPTION@ $2.55 -> 6.1 % Return assigned* -- Southwestern Energy Co. Last Price 36.12 - JAN 35.00 CALL OPTION@ $3.50 -> 7.3 % Return assigned* -- KLA-Tencor Corp. Last Price 53.86 - MAR 50.00 CALL OPTION@ $6.00 -> 4.5 % Return assigned* -- Lyondell Chemical Co. Last Price 25.13 - JAN 25.00 CALL OPTION@ $1.25 -> 4.7 % Return assigned* -- Internet Initiative Japan Inc. Last Price 14.71 - APR 12.50 CALL OPTION@ $3.90 -> 15.6 % 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 .

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NOTE: All stocks and options shown are examples only. These are not recommendations to buy or sell any security.

MARKET OVERVIEW

In overseas trading, markets are following the US yesterday and are mostly in the positive. Seven of eight reporting Asian/Pacific markets are up with the Japan Nikkei 225 up 1.92%, but the China Shanghai Composite down 0.41%. Eight of nine reporting European markets are up including the Netherlands AEX General, which is up 0.52%.

DYNAMIC MARKET OPPORTUNITIES

Not since June 2003 had the European Central Bank made any change to Eurozone interest rates. This came much to the irritation of many national leaders and finance ministers throughout the region, who had practically begged the bankers to cut rates to stimulate non-existent economic growth. They finally got their wish on Thursday -- but the bankers decided to move the other way and raise rates from 2% to 2.25% amid rising inflation, as the Eurozone inflation rate nudged above the target 2% level recently, including a 2.6% mark in September. The announcement was expected, since President Jean- Claude Trichet had prepared the region for the news a couple of weeks ago. In doing so, the bank ignored calls from the Organization for Economic Cooperation and Development to leave interest rates unchanged again amid flagging economic growth and an uncertain future. Economic growth projections for this year are pegged between 1.2% and 1.6% and from 1.4% to 2.4% in 2006. In the current climate, for the Eurozone economy to expand by 2.4% in 2006 seems somewhat optimistic. As the central bank was announcing the upward move for interest rates, news also broke that the region's manufacturing sector rose at the fastest pace in 14 months in November. The double boost of a 20% decline in oil prices since the end of August, as well as the euro losing some of its value against the US Dollar is helping manufacturers regain their footing. On the subject of interest rates, Brazil's massive 18.5% base rate hauled back a brief rally in consumer spending and resulted in the economy growing at a mere 1% annual pace during the third quarter, the slowest in two years. This shattered estimates calling for a 2.1% gain and was a hefty disappointment after the 4% growth posted during the second quarter. In the 12 months to September, GDP growth was 3.1% compared to 4.6% and 4.4% in the first and second quarters. Full-year growth should hit 3.4% compared to 4.9% in 2004.

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NEWS LEADERS AND LAGGARDS

So far today, Intel, Baker Hughes, and Novell lead the list of companies with the most news stories while JDS Uniphase and Inspire Pharmaceuticals are showing a spike in news. Starbucks, Tribune Co, and Allergan have the highest srtIndex scores to top the list of companies with positive news while Cognos and AmerisourceBergen lead the list of companies with negative news reports. LM Ericsson Telephone has popped up with a high positive news sraIndex score.

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TODAY'S ECONOMIC CALENDAR There are no major economic reports scheduled for release.

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

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