Quadrantids Meteor Shower Peaks Overnight Wednesday January 2nd
Quadrantids meteor shower is an annual event that will peak tonight through Thursday. NASA will be streaming a live webcam of the event or you can step outside to check it out yourself. However, the moon is quite bright (waxing gibbous moon) at the moment and could cause some interference with seeing the shower clearly.
Quadrantids is a stream of particles that were left from a 2003 asteroid known as EH1. The earth every year at this time passes through that stream therefore making the shooting stars visible to us.
It is possible to see up to 120 shooting stars per hour in perfect conditions but it's unlikely you will that number. Keep in mind that the brightness of the moon and your location (city or country) hinders that quite a bit. Plus, add in the fact that here locally we are expecting partly cloudy skies. The Quadrantids shower will be at it's most visible just after 3 a.m. when the moon begins to set.
Unless you are a night owl that's where it might make more sense to just watch the live webcast. NASA has cameras at the Marshall Space Flight Center in Huntsville, Alabama where the streaming will feed from.
This is a short time lapse YouTube video of last years event. This is what you can expect to see. Notice that the meteors are fairly sporadic.
Another source for watching the webcam can be found at space.com.