Saturday, January 31, 2015

SATURDAY 1/31/15; ISIS Executes Japanese Hostage

The month of January ends as a down month for the stock market and a second consecutive down month for the first time since early 2012. The old Wall Street adage says, “As January goes, so goes the year.” The month of January ends at 1995 traveling sideways through SPX 1997-2061 for four weeks with failure occurring at the 













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The Kurdish fighters supported by the coalition air strikes have finally captured the Syria-Turkey border town of Kobani from ISIS after four months of fighting. The daily shelling and RPG fire has reduced much of the city to rubble. There is no word on the Jordanian pilot held hostage by ISIS but he is believed to be dead. If confirmed, Jordan will likely retaliate hard against the ISIS radicals.

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