GOIH Capital Markets: Market Overview

GOIH Capital Markets sees the market opening higher on news of the pending Fed FOMC meeting.

Our models indicate that the Fed will lower the Fed Funds rate between 25-50 bps.


Market Sectors Affected:

Financial Services----up trend

Consumer Discretionaries---up trend


Housing Sectors----flat trend




Our Monte Carlo simulation has identified several stocks that will be affected positively by the Fed's rate cut:

1. Goldman Sachs (GS)
2. JP Morgan (JPM)
3. Bank of America (BAC)
4. Countrywide (CFC)
5. Lehman Bros. (LEH)
6. Morgan Stanley (MS)