NewsWare's Trade Talk: Thursday, January 30

S&P Futures are showing gains this morning as earnings roll in. IBM, TSLA & META are higher after earnings reports. After the bell today INTL, KLAC, V & AAPL are scheduled to report. Fed indicates that they are in no rush to cut rates and remains data dependent, a march cut appears unlikely at this time. GDP & Jobless Claims reports are the key economic reports for this morning. Banks, Semis and retail sectors are displaying positive action in the pre-market. European markets are higher ahead of this morning ECB announcement and oil prices are climbing moving from red to green.