Friday Watch

Night Trading 

• Asian equity indices are -.25% +.75% on average.
• Asia Ex-Japan Investment Grade CDS Index 135.5 -.25 basis point. 
• Asia Pacific Sovereign CDS Index 62.0 -3.0 basis points. 
• Bloomberg Emerging Markets Currency Index 71.87 -.01%. 
• S&P 500 futures +.06%. 
• NASDAQ 100 futures +.03%.

Morning Preview Links

Earnings of Note
Company/Estimate 

• (TIF)/1.40

Economic Releases 
10:00 am EST

• Preliminary Univ. of Mich. Consumer Sentiment for March is estimated to rise to 92.2 versus 91.7 in February.

Upcoming Splits 

• None of note

Other Potential Market Movers

• The Fed's Bullard speaking, Fed's Rosengren speaking, Fed's Dudley speaking and the German PPI report could also impact trading today.

BOTTOM LINE: Asian indices are mostly higher, boosted by technology and financial shares in the region. I expect US stocks to open mixed and to weaken into the afternoon, finishing modestly lower. The Portfolio is 50% net long heading into the day.