GOIH Capital Markets: Market Overview

We picked up 200,000 Goldman Sachs on the open today @ $213.00 and will hold for short term trading profits. We added to our GOOG position as well as the AAPL position. Our models indicated that GOOG will trade to $770 and AAPL will trade to $220. Currently we are in GOOG for 600,000 shares GOOG is up $6.50 and AAPL is up $3.41 in trading today in a weak market. AAPL reports earnings after the bell today.

Volatility is back in the market making for an ideal trading environment.

We are hearing rumors that the credit markets are in for a major shock in the next 60 days.

Our models have identified several market sectors where based on proprietary algorithms indicate a market outperform in the current environment. Technology is especially strong and international exporting due to the weak dollar.