Stocks closed up again today and into positive territory for 2015. Up 211.86, the Dow closed at 17884.88 while the S&P 500 made a 21.01 jump to 2062.52. A few factors are bolstering markets primarily an apparent stabilization in the price of oil. Crude closed today just under $52 per barrel and the isjobs report to be released friday viewed as nearing an equilibrium. $52 is still too low for most fracking operations but still helps traditional extraction turn a profit.

Tomorrow, all eyes will be on the January jobs report as economists are expecting new job numbers to be near 230,000 for the month. Today, the weekly jobless claims count was reported a bit lower than anticipated at 278,000, or 12,000 fewer than the target of 290,000 which is encouraging news on the job front. If there is a surprise number to the upside for the number of new jobs created, something north of 275,000, it could spark a nice rally when other economies are struggling around the globe.

 It was January of last year when the economy stumbled, contributing to a negative growth factor for Q1 2014. Freddie Mac also reported the national average for the 30 year fixed rate was 3.59 percent compared to 4.32 percent for the same period last year. The 15 year rate dropped a bit more from 2.98% to 2.92% while the 1-Yr ARM rose slightly to 2.39%. These rates are for a primary residence, investor rates are typically 0.25 percent higher in most cases. At current pace, we should see more money flowing into securities, especially those here in the United States and tomorrow’s unemployment figures could very well surprise many. A stronger than expected unemployment rate could trigger a rally and push the Dow closer to 18000.