Tomorrow's Earnings/Economic Releases of Note; Market Movers

Earnings of Note 
Company/Estimate 

Before the Open:

• (AYI)/4.00
• (LNN)/1.70 

After the Close: 

• (APOG)/.88

Economic Releases 

7:30 am EST

• Challenger Job Cuts YoY for March. 

8:30 am EST 

• The Trade Deficit for Feb. is estimated at -$60.9B versus -$54.5B in Jan.
• Imports MoM for Feb. is estimated to fall -.2% versus a -.7% decline in Jan.
• Exports MoM for Feb. is estimated to fall -2.3% versus a +5.5% gain in Jan.
• Initial Jobless Claims for last week is estimated to rise to 212K versus 210K the prior week.
• Continuing Claims is estimated to rise to 1836K versus 1819K prior. 

Upcoming Splits

• None of note

Other Potential Market Movers

• The Fed's Logan speaking, Fed's Bowman speaking, Atlanta Fed GDP Now Q1 update, Fed's weekly balance sheet report, weekly US Baker Hughes oil rig count, weekly EIA natural gas inventory report and  could also impact global trading tomorrow.

US Equity Market Hours

• 9:30 am - 4:00 pm EST

Mid-Day Market Internals

NYSE Composite Index:

• Volume Running +14.8% Above 100-Day Average 
• Nasdaq/NYSE Volume Ratio 13.3 -1.4
• 9 Sectors Rising, 2 Sectors Declining
• 72.3% of Issues Advancing, 26.1% Declining 
• TRIN/Arms 1.58 +61.2%
• Non-Block Money Flow +$127.2M
  
• 24 New 52-Week Highs, 35 New Lows
• 48.6% (+3.9%) of Issues Above 200-day Moving Average
• Average 14-Day RSI 49.3 +8.9

Polymarket: 

• How long will the DHS shutdown last? 60+ days 89.0% +2.0 percentage points
• Will China invade Taiwan by end of 2026? 10.0% unch.
• US forces enter Iran by April 30th 56.0% -4.0 percentage points
• Trump announces end of military operations against Iran by April 30th 54.0% +10.0 percentage points

Other:

• Bloomberg Global Risk-On/Risk-Off Index 102.1 +.7%
• Global Monitor Iran Instability Index 100.0 unch.
• Strait of Hormuz Oil Tanker Traffic Curtailed Estimate 95.0% unch.
• US High-Yield Tech Sector OAS Index 534.0 -17.75 basis points
• Bloomberg Cyclicals/Defensives Index 252.3 +1.2%
• Morgan Stanley Growth vs Value Index 135.9 +1.4%
• CNN Fear & Greed Index 16.0 (EXTREME FEAR) +3.0
• 1-Day Vix 15.4 -18.4%
  
• Vix 23.9 -5.2%
  
• Total Put/Call 1.0 +2.0%