SATURDAY 1/24/15; Yemen in Disarray

The fate of the two Japanese hostages at the hands of the ISIS Islamist radicals in Syria and Iraq remains unknown. Unconfirmed reports say the hostages were beheaded.

Yemen is in disarray destabilizing the Arabian Peninsula. 






































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UPS smacked the markets in the head with a two-by-four yesterday announcing disappointing results in Q4 creating greater concern over the remainder of the earnings season.

The earnings must deliver this week for the Wall Street analysts to achieve their SPX 2150-2350 targets for 2015. Otherwise, some backpedaling may begin. Top line revenue numbers for companies across all industries remain challenged for the last two years. Companies can only cut expenses and employees so far to meet EPS numbers quarter after quarter.