Gold continue to go up, now trading at 1271,50. Nikkei rose +1,77%. Up 255,93 points. The European markets is mixed today, but are not moving much. The U.S markets ended the week in green on friday. Dow +1,06%, S&P 500 +1,33% and Nasdaq +1,69%. Nokia is up 9,27%. Very good!
I will look for earnings reports from Tata Motors (TTM) today. Forecast EPS is $0,87 ($0,47 last year). The report will be for the fiscal Quarter ending Dec 2013. Many other earnings reports is coming out later this week.
Alibaba is trying to take full control over AutoNavi Holdings (AMAP). The stock is trading at $16,54. Up +7,26%. AutoNavi holdings is up 27,87% AH. EPS growth: -128%. Revenue growth: -6,02%. (Last Qtr).
Take a look a the gold this week. It`s still moving up. Sometimes it goes in the opposite direction of the equity market, and sometimes not. They can follow each other, so don`t forget to set «stop loss» if you are daytrading.
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