Global 1 Capital Markets: Market Update.

The market opened strongly with both the Dow and NASDAQ up sharply. We see Countrywide, CFC, continued in its recovery and there appears to be some strength in the rumors that CFC is being accumulated for a possible buyout by a large investor.

Apple, Inc., (NASDAQ:AAPL) was up strongly in the open trading as high as $132.61 on strong volume.

Today Lowe’s was upgraded twice. The home improvement retailer opened up at $29.64 and has traded as high as $29.84.

We see the Yen weakening and we are designing a carry trade in the Yen/$ market. We will post the trade later today.

GOIH Capital Markets