FYI | Aug 24 2013
By Rudi Filapek-Vandyck, Editor FNArena
I joined Twitter. Not because I am curious what this celebrity has to say about her kids, or to read that another one is waiting for a connecting flight, impatiently. Twitter allows me to follow news and commentary sources such as Dow Jones' Marketwatch, Bloomberg News and the Wall Street Journal. It assists me in keeping up with what is happening across the globe, while I am observing and analysing financial markets myself.
While I am on Twitter, reading a quote here and a news flash there, I offer my own succinct insights and commentary. Those amongst you who have already discovered the virtues of a Twitter account can add my Tweets to their daily news via @filapek.
For those who have no intention to join Twitter, but would like to stay up to date, below are my Tweets from the week past:
– Citi strategists believe the reporting season in Oz is positive enough to stick with 5600 target for ASX200 by mid calendar 2014 #Stocks
– What really works in the share market with @Filapek http://goo.gl/8XyXfu #TradeInvestMelb
– Morgan Stanley remains Cautious on Oz #gold miners. Medusa (MML) remains sole Overweight recommendation in sector #stocks
– ANZ Bank sees potentially lower #commodities prices in September should the US begin tapering back its asset purchase program, as expected
– ANZ Bank warns crude oil could be vulnerable to profit taking/sell-off as speculative net long positions are now at record high levels
– ANZ Bank says #ironore prices above USD140/t look stretched. Expects pull back to US$130/t in September #commodities
– ANZ Bank remains #gold bull. Predicts end-September price of USD1,340/oz (from USD1,150/oz) and end-December price of USD1,380/oz
– Dennis Gartman fears a rout for #commodities prices, currencies is real possibility. Prefers the sidelines, for now. Considers buying #gold
– History shows August is a down month for US equities circa 60% of all cases. This year's pattern (so far) thus seems but inline with history
– Investors in Oz to lose their most precious asset in local share market: franking credits (who advises these people?) http://goo.gl/0WoRyo
– Overnight: #Equities and #commodities weaker across the board with Fed tapering on everyone's mind. #ironore down US$1.20 to US$137.80/t
– At Melbourne Trading and Investing Expo – holding fort at stand 354 and presenting at 10.45am "What Works In The Share Market" – Come Say Hi
You can add my regular Tweets on Twitter via @filapek
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