TheStreet TV

An unexpectedly rapid fall in the U.K. jobless total to 7.1% seemed to confuse the London market. It's a good sign for the economy but investors worry it may portend higher interest rates. Bank of England Monetary Policy Committee minutes suggest the central bank won't move fast. German insurer Allianz fell back over 2.7% on the surprise on the resignation of Mohammed El-Erian, head of its asset management subsidiary Pimco. Meanwhile, China injects liquidity into the system.

Coach will report earnings before the bell as the company looks to reverse its slide over the last year. Expectations have been adjusted downward but a miss could prove crucial for the handbag maker. Earnings were lackluster from IBM and Xilinx--but Jim Cramer is sticking with Xilinx, citing strong fundamentals. Both companies hit their targets but didn't meet investors' expectations on revenue. Big earnings out after the bell today, too--Netflix and eBay. Jonathan Marino at the Nasdaq Marketsite on a snowy Wednesday, Jan. 22, 2014.

Big corporate news this morning--arrests made in the Target hacking investigation, as well as big earnings reports coming out from Xilinx, Delta, Texas Instruments and AMD. Plus, Verizon will report earnings before the bell, as will Johnson and Johnson--both looking to rack up big beats. And, as we prepare for the Super Bowl, our Jim Cramer is lacing up with a sneaker pick where he's bullish for 2014. Jonathan Marino at the Nasdaq Marketsite in Times Square.

TheStreet's Jill Malandrino and Andrew Krill look at trading trends following the first busy week of earnings. Traders and investors have high expectations for Q1 and only companies that have strongly beat on earnings are seeing share prices rewarded. This lends to some nice stock picking opportunities as correlation indexes have confirmed. Markets are closed Monday in observance of the Martin Luther King, Jr. holiday but the earnings calendar heats up on Tuesday with heavyweights Johnson & Johnson, Advanced Micro Devices, Verizon, and IBM reporting.

Peter Cardillo, Chief Market Economist at Rockwell Global Capital believes stocks could close higher this afternoon as options expire. Cardillo also thinks last weeks' dismal jobs report is an aberration and the economy is actually recovering quite well. He points to the mostly positive earnings from the companies that have already reported earnings and the previous jobs reports. Today's higher volume is attributed to options expiration day.

This morning, a slew of financial sector stocks will report, including Morgan Stanley, closing out a big earnings week for investment banks. Already, shares are up more than 58 percent over the last 12 months. General Electric is also set to report this morning before the bell--facing higher expectations after shares rose more than 28 percent in the last year. And Intel's earnings are putting its stock in a slump this morning--see why Jim Cramer's still bullish on Intel's prospects in the new year. Jonathan Marino at the Nasdaq Marketsite in Times Square, January 17, 2014.

Markets closed lower amid disappointing corporate earnings from companies such as Citigroup and Best Buy. Stocks are being punished for earnings misses amid a backdrop of high valuations while fundamental stockpicking has come to the fore as macroeconomic risks recede and central bank stimulus winds back. Jobless claims and inflation data are not expected to alter the course of the Fed, which meets later this month to decide whether stimulus should be further scaled back.

The stock market seems stuck in neutral as each move forward is accompanied by an equal move backwards. Jason Weisberg of Seaport Securities says traders are looking for clues to try to determine the overall direction the market will take. He points out that a lot of money has entered the stock market during the down days, which has tempered valuation losses, but there hasn't been widespread conviction for a move to the upside. Weisberg notes the big banks have earned their money in IPO's, not equities.

Big earnings news expected today, including reports from Blackrock, American Express, UnitedHealth, Citigroup, and Goldman Sachs, among others. Goldman facing reduced expectations on expected reduced trading revenues. Big buyouts boosting stocks--including a pick that Jim Cramer says will be making the most of its proceeds from The Carlyle Group. And Chuck E. Cheese is the place where 'a bid can be a bid.' See who's diving into the ball pit and watch Jonathan Marino at the Nasdaq Marketsite in Times Square this morning, January 16, 2014.

Markets closed higher after the World Bank lifted its global growth forecasts and Bank of America's profit triggered a rally in financial shares. The World Bank raised its global growth forecasts as a recovery in developed economies offsets the impact of tighter monetary conditions on developing markets. The forecast for the richest nations was raised to 2.2 percent from 2 percent. Financial Markets closed higher after the World Bank lifted its global growth forecasts and Bank of America's profit triggered a rally in financial shares. The World Bank raised its global growth forecasts as a recovery in developed economies offsets the impact of tighter monetary conditions on developing markets. The forecast for the richest nations was raised to 2.2 percent from 2 percent. Financial shares are in focus this week as many major banks - some seen as bellwethers for economic health - post their results. Jane Searle reports.

U.S. markets are higher midday but equity traders like Albert Fried¿s Ben Willis say they¿re still waiting for a correction that just has not materialized. Earlier Wednesday, Goldman Sachs issued a report saying the time had come for a correction but some selling associated with that report lasted only a short time. Willis says he isn't convinced that today's rally is a show of support for higher valuations. Willis points to the lackluster volume of trading to support his opinion. TheStreet¿s Debra Borchardt reports from the NYSE.

Bank of America delivered positive fourth quarter 2013 earnings built on the back of released reserves of $1.2 billion that was significantly higher than the $800-900mm quarterly release in 1H13. Bank of America reported earnings of $3.4 billion or $0.29 a share on revenue of $21.7 billion. Analysts expected earnings per share of $0.27. The bank earned a profit of $11.43 billion or $0.90 a share on revenue of 89.8 billion. The stock is up almost 3% in early trading as a result of the earnings announcement.

California handset champ Apple gets ready for its big launch with China Mobile--and shares are up on news that the company's cooperation with the leading wireless carrier extends beyond just iPhones. We look for earnings, coming today from Bank of America and CSX--can BofA keep the rally alive and record an earnings beat three straight quarters? Plus, we take a look at one stock Jim Cramer's long on, and not budging from. Jonathan Marino for TheStreet.com at the Nasdaq Marketsite in Times Square, January 15, 2014.

Markets rallied on strong retail sales and merger activity, pushing the S&P 500 to its largest gain this year. The Nasdaq also jumped as tech stocks outperformed. A spate of bank earnings will be closely watched this week with financials expected to carry the bulk of earnings growth this reporting season. Stocks yesterday slumped over valuation concerns which still remain after gains of 26% for the broader market last year while further Federal Reserve tapering could weigh on sentiment later this month. TheStreet's Jane Searle reports from the NYSE.

Retail sales managed to move a tiny bit higher in December with most purchases coming in for lower priced products. Sales at electronic stores and appliance stores, normally the base for big-ticket holiday purchases fell by 2.5%. Keith Bliss of Cuttone & Co. believes investors should pay close attention to the retailers earnings in February for 2014 guidance. However, as Macy's lays off 2,500 workers and closes stores, actions may speak louder than words.