Friday Watch

Night Trading 

• Asian equity indices are unch. to +.5% on average.
• Asia Ex-Japan Investment Grade CDS Index 76.75 unch. 
• Asia Pacific Sovereign CDS Index 12.5 unch.
• Bloomberg Emerging Markets Currency Index 74.58 +.04%.
• FTSE 100 futures -.11%.
• S&P 500 futures -.28%.
• NASDAQ 100 futures -.27%.

Morning Preview Links

Earnings of Note
Company/Estimate

• (C)/1.60
• (JPM)/2.29
• (WFC)/1.07

Economic Releases

10:00 am EST

• JOLTS Job Openings for February are estimated to fall to 6000 versus 6312 in January.
• Preliminary Univ. of Mich. Consumer Sentiment for April is estimated to fall to 100.5 versus 101.4 in March.

Upcoming Splits

• None of note

Other Potential Market Movers

• The Fed's Kaplan speaking, Fed's Bullard speaking, Fed's Rosengren speaking and the China Trade Data report could also impact trading today.

BOTTOM LINE:  Asian indices are mostly higher, boosted by industrial and technology shares in the region. I expect US stocks to open mixed and to rally into the afternoon, finishing modestly higher.  The Portfolio is 75% net long heading into the day.