Good morning. Premarket futures are mixed signaling not a lot of interest by either the buyers or sellers this morning. There's not a lot of news to consider other than continued concern over first quarter earnings and more bailout chatter in the financials.

On the earnings front, United Parcel Service (UPS) cut its first quarter earnings guidance, citing the weakening U.S. economy and significantly increased fuel costs. Two excuses that we're likely to hear a lot over the next few weeks. Meanwhile, Citigroup (C) discloses its intention to sell $12 billion in leveraged loans and bonds to a group of private equity firms.

Premarket gainers: CRXL, AAUK, WBSN, CC, ERIC, HOGS, MIND, CPKI, ZZ, C, TGEN, NWMO, NTRI, SOLF, and APA.

Premarket losers: MNKD, NKTR, AMGI, AMAG, FORM, LAYN, JRJC, ACAT, BBBY, ACLI, SGR, AGEN, SNP, URBN, UBS, BEN, and WM.

We have another light calendar for today with only the weekly oil inventory data at 10:30 and some Fedspeak courtesy of Richard Fisher at 1:30PM. Like before, everyone will continue to eye the recent support areas and most likely will continue giving the market the benefit of the doubt until those support levels are violated. Have a great Wednesday!