FYI | May 09 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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– Deutsche Bank on NAB: not cheap enough (might as well apply that to all banks). Downgrades to Hold #ausbiz #investing
– Citi upgrades Super Retail (#SUL) to Buy, finds FY14 pause in earnings growth to be followed by double-digit resumption in FY15 #ausbiz
– Citi turns (short term) positive on #ironore stocks, albeit with serious risks, but reiterates L-T bearish view. US$90/t 2015, US$80/t 2016
– Overnight price action: US #equities messy mixed. #Oil stable. #Gold lower. Base #Metals higher. #Ironore down US$1.40 to US$103.70/tonne
– Citi issues stern warning: #China government MUST act SOON or else powerful correction property markets cannot be avoided #investing
– My view on Aussie #banks: expensive but surrounded by too much gloom-mongering http://tiny.cc/6qzgfx #ausbiz #investing
– Macquarie concludes: #equity valuations, which have been a key concern for investors, are not as stretched as some seem to believe #ausbiz
– Trading Tip from Morgan Stanley: Fortescue Metals (#FMG) shares to rise over nxt 30 days as s-t valuation now compelling #ausbiz #investing
– Citi also sees upside risk for profit estimates for certain companies, including AMP, BLD, CGF, CSR, EGP and WPL #ausbiz #investing
– Citi predicts modest confession season with negative risk for AMC, AWC, COH, FXJ, HVN, ORI and TWE #ausbiz #investing
– Overnight price action: US & European #equities down. #Oil down, #Gold down. Base #metals mostly higher. #Ironore up US10c to US$106.00/t
– BA-ML sees limited downside to #ironore prices, says financing concerns overdone. Reiterates Buy on BHP, Vale and Fortescue Metals #ausbiz
– Goldman Sachs observes grade discount #ironore is widening in favour of higher quality. Reiterates Sell rating for Fortescue Metals #ausbiz
– Deutsche Bank concludes (confirms!): the priciest stocks aren’t actually that expensive. Music to my ears, of course #ausbiz #investing
– Deutsche Bank research confirms: concerns about high PEs unfounded + overdone. #Equities should still have decent upside #ausbiz #investing
– #China import #Ironore Fines 62% fell by -0.10 (-0.09%) to US$105.90/tonne last night #commodities
– Market too negative (scared?) on Flexigroup (FXL), UBS concludes. Solar should be fine, FY15 should be good #ausbiz
– Goldman Sachs analysts warn investors May is the start of 'confession season' in Australia. Where are profit warnings? #ausbiz #investing
– Over the weekend price action: US #equities down, but #oil, #gold and base #metals all higher. #Ironore rose by US60c to US$106.00/tonne
You can add my regular Tweets on Twitter via @filapek
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