NewsWare's Trade Talk: Monday, January 29

S&P Futures are slightly higher this morning. Markets are preparing for a host of big tech earning result, A Fed meeting and a host of employment data this week. The White House is expected to make a major announcement on chip subsidies this week. A drone strike killed several U.S. servicemen over the weekend, Biden is looking to retaliate. In Europe, stocks are very strong due to strong earnings reports in the luxury goods sector. Oil prices are weakening but are likely to finish the week off with a gain.