Yes, it's a pre-stitch-removal entry. Would you expect any less?
Holders of FAS will be delighted to see pre-market quotes up well over 20%. The news from Wells Fargo pushed up the whole sector (I, who have the opposite FAZ, am prepared to take it in the gut). Wal-Mart (WMT), in spite of a very strong pre-opening across the board in equities, is down nearly 5% due to squishy sales data.
From yesterday morning until now, we're up a full 40 points on the S&P. A pretty amazing ride for 24 hours! It will be interesting to see if the three-day-weekend jitters compel people to take profits or not. I'm off to the doctor soon, so I'll see you post-op.
