NewsWare's Trade Talk: Tuesday, January

S&P Futures are trading slightly higher this morning with the focus on corporate earnings results. JNJ came in slightly better than estimates. MMM beat estimates but delivered weaker than expected forward guidance. After the bell today, Netflix is scheduled to release. Bank of Japan left monetary policy unchanged, ECB announcement is set for Thursday. In Europe, stocks are trading slightly lower. Oil prices are lower with forward demand concerns in focus.