FYI | Nov 04 2011
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:
– For those who like a bit of in-depth technical analysis, Citi chartists anticipate more weakness ahead for equities http://bit.ly/uNyS8c
– MF Global lessons for investors (as once again pointed out by Dennis Gartman): don't add to losing positions, and don't add leverage
– Reports ANZ: disappointing China PMI sets the stage for policy easing, here's hoping for resources bulls
– RBS analysts predict eurozone problems will quickly resurface as fiscal austerity and shrinking bank balance sheets result in slower growth
– Oz stockbrokers: downgrades for Kingsgate, downgrade for Santos, upgrade for QRN, and for MQG, GS adds MQG to Model Portfolio, upgrade TPI
– GS adds risk to Oz Model Portfolio (added MQG and JHX), lifts ASX200 targets to 4375 (from 4075) for year-end, 4800 by June 12, 4850 Dec 12
– You never hear anyone complaining about "shorting" when the market melts up. How about a collective 'Thank You' from all market commentators?
– Probably the biggest risk to equity markets is funds managers (high in cash) now getting worried about "being left behind", bias to upside
– This deal buys time but does not address Europe's problem of a lack of growth and does not address problems at the heart of the euro area.
– NABCapital believes present optimism is likely to be maintained in the near term, with plenty of milestones in Europe on the agenda for Nov
– Predicts GaveKal: strong US GDP data might carry equities rally into year end
– GaveKal analysis: market direction determined by US and China, not Europe. A strong US Q3 GDP could set off the next leg of the equity rally
You can add my regular Tweets on Twitter via @filapek
Find out why FNArena subscribers like the service so much: "Your Feedback (Thank You)" – Warning this story contains unashamedly positive feedback on the service provided.
