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Waking up With Nicole Lapin

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Don't wear green, it's cheesy. And don't kiss people you know, it's creepy. Just carry like any other Friday eve:

DOWN, DOWN: The Nikkei fell 1.4 percent; TOPIX was off 0.8 percent — JGB futures edge up.

REBOUND: Stock futures are higher, following a rebound in Europe.

SELL OFF: The 30-year falls a full point; Dollar pulls back more against the yen's rapid rise.

FIRM: Metals and Ag. Oil as Libya fighting picks up.

BELLWETHER: FedEx shares are up $3 in early reaction to strong revenues and Q4 EPS guidance. Nike is on deck.

ECONORAMA: Didn't help that PPI and housing starts blew yesterday. Today, look for CPI and weekly jobless claims to set the tone.

PAINORAMA: Moodly say US states, cities and towns will likely suffer more credit downgrades than upgrades in 2011.

MADNESS: Hooter's is offering sick notes to watch the NCAA tourney today.

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