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Tuesday focus: Commodities crush versus earnings

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Here's the next commodity to fall

A gusher of corporate earnings reports could set the tone for stocks Tuesday, as traders keep an eye on the increasingly sloppy commodities markets.

Early morning earnings reports are expected from Travelers, Untied Technologies, Verizon and Novartis but the big release of the day comes after the closing bell when Apple reports. Microsoft, Yahoo, GoPro, Chipotle, VMWare, iRobot and Intuitive Surgical are also reporting after the bell.

"We've kind of moved past the macro into the micro, and the earnings are pretty good, and that's lifting stocks," said Andrew Burkly, head of institutional portfolio strategy at Oppenheimer Asset Management.