NewsWare's Trade Talk: Tuesday, January 30

S&P Futures are slightly lower this morning. PFE, JBLU, GM& DHR all reported beats this morning. After the bell today, MSFT, GOOG, SBUX & AMD are scheduled to report. After the close yesterday, AI darling SMCI delivered positive earnings with strong guidance. The FOMC meeting starts today with an announcement scheduled for tomorrow afternoon on monetary policy. In Europe, stocks are higher with earnings reports helping to push indexes higher this morning. Oil prices are flat, but have been trending lower in the pre-market, Aramco said it had been ordered by the Saudi government to keep its oil production capacity at 12 million barrels a day.