AU, CHINA, GERMANY, INDONESIA, PSEI, SPX, HK after

Market snapshots after Argentina defaults on its debts

* Asia Markets not yet live as of this moment

Germany, France, SPX, PSE, Asia, China, US Rate, repost from COL Financial 7-31-2014

Charts from COL Financial H2 2014 report that I usually monitor and tackle in my blog that I want to share:

Bought Gold today around 1300 USD / oz 7-30-2014

Bought Gold today around 1300 USD/oz with the following reasons:

1. Gold is in short term uprend and possible forming a base to complete a b c pattern to finish Major B (Bear Market Rally).

2. Gold is still 46% down from its 2011 top, and this Bear Market rally has just rallied 10% from the lows, if 38.2% retracement is to take place, we have around 10-20% more room to rally.

3. This is a short term play.

*Chart by T. Caldaro - for reference only

REPOST: Microsoft plans to slash 18,000 jobs

Microsoft plans to slash 18,000 jobs

CNBC With Reuters

CNBC.com

This is a breaking news story. Please check back for updates.
 
In a Thursday morning letter to his employees, Microsoft CEO Satya Nadella announced that the company would be cutting 18,000 jobs in the next year.

"We are moving now to start reducing the first 13,000 positions, and the vast majority of employees whose jobs will be eliminated will be notified over the next six months," Nadella wrote. "It's important to note that while we are eliminating roles in some areas, we are adding roles in certain other strategic areas."

Microsoft had 127,000 employees as of June 5, which would mean the company will see a headcount reduction of over 14 percent.

On Wednesday, a Finnish daily, quoting anonymous sources, reported that Microsoft is planning to cut 1,000 jobs in Finland from its mobile phone unit.



Some 25,000 Nokia workers moved this spring to Microsoft with the cellphone unit acquisition, 4,700 of them in Finland. Globally, Microsoft's headcount far exceeds rivals Apple and Google.
Read More Microsoft to announce job cuts this week: Report

Wall Street had been expecting Chief Executive Satya Nadella to make some cuts. News agency Bloomberg said on Monday that total job cuts could be the biggest in Microsoft history, topping the 5,800 jobs lost in 2009.

http://www.cnbc.com/id/101841913

NASDAQ, Germany, London and France indices snapshots 7-9-2014

All charts came from COL Financial PH.