National Hurricane Center tells the tale.
At 1100 AM AST (1500 UTC), the center of Hurricane Alex wa located near latitude 31.5 North, longitude 28.4 West. Alex is moving toward the north-northeast near 20 mph (31 km/h) and a turn toward the north with an increase in forward speed is expected over the next day or two. On the forecast track, the center of Alex will move near or over portions of the Azores Friday morning.It's really odd to have a named storm, much less a hurricane in January. Conditions must have been exactly right for formation.