This week holds four potentially exciting catalysts; each with the potential to dominate business media headlines. Is it any wonder that the VIX has spiked back above 25%?
- Wednesday night President Obama will deliver his State of the Union address
Will Health Care remain in focus following the Massachusetts run-off election results?
Will new Bank regulations and taxes receive a major emphasis?
Any new initiatives on job creation stimulus? - FED Chairman Ben Bernanke Confirmation vote expected before his term expires on January 31st
This result will likely be known before it actually comes to a vote. I believe the market may not react well to any uncertainty of a non-confirmation vote - FOMC meeting January 27
What type of meeting would it be if the pre-confirmation tally turns further against Ben?
Expectations are for no change to the Fed Funds targets but that decision has not been unanimous lately so the statement may change tone - Earnings season is in full swing
Apple earnings tonight and Tablet launch on Wednesday
136 companies in the S&P 500 report including MSFT, JNJ, PG, CVX, T, AMZN and COP
