Acuity Brands, Inc. (NYSE: AYI) announced, excluding items, adjusted diluted EPS from continuing operations were $0.40 compared with $0.41 for the prior period. analysts average $0.39. AYI beats by $0.01

Based on firm Asian equity markets, U.S. stock indices are called better, but traders should brace for another day of light volume and low volatility. The slightly weaker Dollar is lending some support to higher risk assets overnight, but traders seem reluctant to take a major position ahead of this Friday’s U.S. Jobs Data.

That’s right, I said WIMPS!

I have never heard so much whining and crying and complaining about a market drop as I have the past few weeks. Last week, I pointed out that we had only fallen 105 points from the prior week (10,172 to 10,067) and this week we fell ALL THE WAY to 10,012 to finish the week and you would think the world was ending (again) from the way the MSM has been acting.

The U.S. Dollar fell to a 15 month low against a basket of currencies on Tuesday as concerns about debt issues in Dubai subsided, leading to increased demand for higher yielding currencies. Further weakness in the Dollar was attributed to a report that Chinese manufacturing increased at its fastest pace in five years.