FYI | Apr 24 2014
By Rudi Filapek-Vandyck, Editor FNArena
I like to question the ruling logic that goads the herd, or at the very least stimulate independent thinking. There's a big difference between playing market momentum as a short term trader and trying to figure out what the best asset purchases are for longer term investing.
Since 2012 I maintain my own feed of quotes, comments, responses and market insights via Twitter. Not everyone is on Twitter, which explains the requests to make my Twitter items also available through the newsfeed on the FNArena website.
Usually I combine all Tweets from the week past in one weekly story. Below are my Tweets from the week past. Enjoy.
Investors can follow me on Twitter via @filapek
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– NAB worries abt #China: weak conditions residential prop could have major impact construction, demand for land, impacting local gvt revenues
– UBS retains 7.5% 2014 GDP growth forecast #China but admits risk to the downside, in particular concerned about property market #investing
– Citi warns of downside risk to #Retailers margins, says investors should not chase current sales strength, particularly on high PE stocks
– JP Morgan slashes target for QRXPharma to 6c. Says capital raising necessary. Rating downgraded to Underweight. Ouch! Ouch! Ouch! #ausbiz
– Investors not appreciating dividend growth outlook Macquarie Atlas Road, reports JPM. Projects 20% DPS growth in both 2015 and 2016 #ausbiz
– Overnight price action: Winning streak US #equities ends. #Oil down. #Gold stable. Base #metals mixed. #ironore down US30c to US$112.20/t
– Robots running wild or traders losing their marbles? AUD has been worst performing G10 currency over the past 24 hours, reports NAB #ausbiz
– Ouch! CLSA convinced profit relief Myer (MYR) but temporary as (foreign) competition heats up. Forecasts slashed,target $1.30. Sell #ausbiz
– Macquarie believes demand for #gold in #China will fall in 2014, implying bullion is losing one pillar of support this year #investing
– Overnight price action: US #equities up. #Oil down. #Gold down. Base #metals rally. #Ironore down US80c to US$112.50/t #investing
– Observed: out of the 8 stockbrokers FNArena monitors daily, only 1 (Citi) has a price target that is above today's share price for #Woodside
– Macquarie: much of recovery in GDP growth rates in US, UK, Japan due to recovering asset prices and household ‘wealth effect’ #investing
– Look beyond the (apparent) high PE: CIMB forecasts 3-year EPS CAGR of 40% for G8 Education (GEM). Rating Add. Target lifts to $5.50 #ausbiz
– Overnight price action: US #equities higher in thin trade. #Oil higher. #Gold down. Base #metals lethargically mixed. #ironore at US$113.30t
You can add my regular Tweets on Twitter via @filapek
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