Tuesday Watch

Night Trading 

• Asian equity indices are -.25% to +.25% on average.

• Asia Ex-Japan Investment Grade CDS Index 67.0 +. basis point. 

• China Sovereign CDS 43.5 +1.25 basis points.
  

• Bloomberg Emerging Markets Currency Index 67.48 +.02%.

• FTSE 100 futures +.18%.

• S&P 500 futures -.01%.

• NASDAQ 100 futures +.05%.

Morning Preview Links

Earnings of Note
Company/Estimate

Before the Open:

• (LNN)/.55
• (SJR)/.30

After the Close:

• (PSMT)/.79
• (WDFC)/1.12

Economic Releases
6:00 am EST

• The NFIB Small Business Optimism Index for March is estimated to rise to 102.0 versus 101.7 in Feb.

10:00 am EST

• JOLTS Job Openings for Feb. are estimated to fall to 7550 versus 7581 in Jan.
  

Upcoming Splits

• None of note

Other Potential Market Movers

• The Fed's Clarida speaking, Australia Home Sales report, $38B 3Y T-Note auction, weekly US retail sales reports, Needham Healthcare Conference, (DCI) investor day and the (PSMT) monthly sales report could also impact trading today.

BOTTOM LINE:  Asian indices are slightly lower, weighed down by consumer and industrial shares in the region. I expect US stocks to open mixed and to strengthen into the afternoon, finishing modestly higher.  The Portfolio is 100% net long heading into the day.