Calendar  Volatility Report 4/29/2008  Volatility Report 4/30/2008  Volatility Report 5/1/2008  
UBS AG (UBS) is at an implied volatility extreme high of 57.51% that is greater than 96.35% of past values prior to 4/30/2008 (Close Price 33.59). On prior close, 4/29/2008, the implied volatility was 32.33% and at the 77.68 percentile. Closing price was 34.47.

Today's News on UBS AG

Global Markets Rally On Bailout News (at Forbes.com)

LSE halts trading after connection problems with clients (at MarketWatch)
Connectivity problems with brokers led the London Stock Exchange to halt trading Monday morning, while rival exchanges benefited from heavy trading volumes in the financial sector.

Before the Bell: Fannie, Freddie, Lehman, WaMu, UST, Boeing in spotlight (at MarketWatch)
U.S. stock futures leaped Monday after the government seized mortgage giants Fannie Mae and Freddie Mac , guaranteeing that trillions of dollars in mortgage-backed securities won't default anytime soon and triggering hopes that banks will resume lending to both customers and each other.

The Bailout Boon For Euro Banks (at Forbes.com)

The Credit Squeeze Hits Global Properties (BusinessWeek)
Developers of commercial properties from London to Tokyo are suffering as banks cut lending

Indications: U.S. stock futures jump on Fannie, Freddie seizure (at MarketWatch)
U.S. stock futures leaped Monday after the government seized mortgage giants Fannie Mae and Freddie Mac, guaranteeing that trillions of dollars in mortgage-backed securities wont default anytime soon and triggering hopes that banks will resume lending to both customers and each other.

Fannie, Freddie Rescue to Spark Rally (at CNBC)

Europe Markets: European shares surge on U.S. mortgage rescue plan (at MarketWatch)
European shares stage a big surge, greeting the U.S. government's plan to bail out home mortgage giants Fannie Mae and Freddie Mac.

A service of Trotter Trading Systems
Monday, Sep 8, 2008