NewsWare’s Trade Talk: Tuesday, January 21

S&P Futures are trading higher as the market react to a new administration in the White House. The President's ability to issue Executive Orders will be on watch this week with possible tariff announcement on Canada and Mexico. Earning reports will be in focus this week ahead as a host of major companies are scheduled to release. MMM reported a beat this morning and after the bell today NFLX, STX & UAL will report. Tomorrow morning, PG, JNJ, ABT, TRV & HAL will be releasing earnings reports. Davos conference is underway, President Trump is expected to remotely address the forum on Thursday. European shares are starting to pull back & oil prices are down more than -1.5% this morning.