Both Goldman Sachs and Countrywide as trading considerable higher in premarket trading. GS closed down flat and has gapped in premarket indicating that something is in the mix for the trading today. On Thurs. we saw a trading pattern indicating the market makers were from running the order flow in GS and we closed out our positions. After closing flat on Thurs and no change in the fundamentals of the business, GS is prepared to open strong. GS is trading at on small volume $175 premarket after closing at $171.38.
CFC closed at $19.64 and is trading at $21.19 in premarket. Several weeks ago we reported here that we saw a pattern in the trading of CFC and GS and today there appears to be a link between GS and CFC.
AAPL closed at $136.25 and is trading higher in premarket at $138.30 look for a strong opening. We reentered our position in AAPL for 100,000 @ $135.52 on late Thurs.
All of the major Wall St. brokers are trading higher after closing down on Thurs after a down grade on Thurs so clearly someone knows that something big is in the mix for today.
