Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:

 

1. Potential market movers -- Starbucks, Zynga, Alcoa

There are a handful of companies that look set to shake things up when the markets open.

Starbucks (SBUX) shares are perky and caffeinated, up about 3% after the company completed a two-for-one stock split overnight. Starbucks common stock will begin trading on a split-adjusted basis this morning.

Shares in Zynga (ZNGA) could drop sharply after the company announced its founder Mark Pincus has returned to his role of CEO, taking the reins from Don Mattrick. Shares are down 10% in extended trading.

Alcoa (AA) shares are also down about 3% after the company released its latest quarterly results.

"Earnings beat analysts' expectations but sales, on the other hand, were slightly worse," explained Erica Blomgren, chief strategist at Swedish bank SEB.

 

2. Holy Hang Seng

Traders in Hong Kong are watching in awe after the main stock market index -- the Hang Seng -- shot up by 6.6% over the past two days.

Analysts say investors are turning to Hong Kong after a dramatic 22% surge this year by the Shanghai Composite has made that market too expensive.

 

3. Volatile oil

Crude futures keep bouncing around, with oil now up about 2% to trade at $51.50 per barrel.

"Crude prices remain in focus today following yesterday's plunge," said Tom Beevers, CEO at StockViews. "With weekly inventories at the highest level since records began in 1982, traders are monitoring the situation closely and will be expecting more volatility to come."

 

4. Stock market overview

U.S. stock futures are dipping lower, European markets are all edging up in early trading, while Asian markets were mixed.

Investors in Europe are feeling confident that Greece has scraped enough money together to make a big debt repayment Thursday, allowing it to avoid default.

 

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What is it? It checks the change in the price of goods and services purchased by consumers.

Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to respond by raising interest rates.

When? April 9th at 9:30pm Eastern Time.

Trading Tip: If the actual number is higher than the forecast, you can expect the CNY to rise.

 

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What is it? It checks the number of individuals who filed for unemployment insurance for the first time during the past week.

Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's monetary policy.

When? April 9th at 8:30am Eastern Time.

Trading Tip: If the actual number is lower than the forecast, you can expect the USD to rise.

 

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What is it? It checks the change in the total value of new building permits issued.

It's an excellent gauge of future construction activity because obtaining a permit is among the first steps in constructing a new building.

When? April 9th at 8:30am Eastern Time.

Trading Tip: If the actual number is higher than the forecast, you can expect the CAD to rise.

 

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What is it? It checks the interest rate at which the BOE lends to financial institutions overnight.

Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future.

When? April 9th at 7:00am Eastern Time.

Trading Tip: If the actual number is higher than the forecast, you can expect the GBP to rise.

 

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