In pre-market trading we are seeing some strength from Google (GOOG:NASDAQ) which is gapping higher from a spectacular earnings beat last night. Currently looking to open in the $604 range, this puts GOOG at +8% at the open.
Following suit is Apple Inc (AAPL:NASDAQ) which is currently ready to test the 52wk highs with an open at $418, +2%, gapping higher with a number of tech stocks.
Hot stocks for today will largely be limited to the tech sector based upon Google's strong performance, however, the rally has to date has been limited to low volume, increasing the risk of a sharp reversal.
CNBC.com headlines for the morning:
"Futures added to their gains Friday following a better-than-expected
retail sales in addition to a strong earnings report from Google and
continued optimism over the euro zone will find a solution to its debt
crisis."
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