opening indications and high volume stocks from yesterday...

Opening Indications
	Fair Value	Current	vs Fair Value
S&P 500 Futures	1306.0	1304.2	-1.8
Nasdaq 100 Futures	1946.0	1947.0	+1.0

08:05 ET Futures suggest a muted open as a drop in oil prices helps to offset negative news out of the financial sector. UBS (UBS) reported its fourth straight quarterly loss and is separating its business divisions into three independent units. JPMorgan (JPM) disclosed in a regulatory filing that trading conditions have deteriorated compared to the second quarter, noting that spreads on mortgage-backed securities have widened, causing losses of $1.5 billion quarter-to-date. Morgan Stanley (MS) said it is going to repurchase $4.5 billion in auction rate securities, but New York Attorney General said the move is "too little, too late," according to media reports. Morgan Stanley was downgraded to A1 from Aa3 at Moody's. With regard to oil, prices are down 0.8% to $113.58 per barrel as the dollar climbs 0.3% and Russia says it is ending its current military operation against Georgia.

gps -retail
kss
hd
ldk
au
bzh
cqp
low
tgt
pir
bby