FYI | Jun 29 2012
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:
– Oz stockbrokers today: upgrades for Ansell, Caltex, QBE, Sandfire and Santos; downgrades for CSL, QRXPharma, DB cuts BBG target to $1.10
– Blackrock Strategist Russ Koesterich says dividend stocks remain the best place to be, both in developed and developing markets
– Predicts EDC's Peter Hall: "Lower oil prices could be the biggest upside surprise to hit the world in the second half of 2012"
– Morgan Stanley advocates investors remain cautious on commodities. Likes tight supply-demand in copper,tin,gold, iron ore, hard coking coal
– Earnings forecasts slashed as JP Morgan lowers Brent oil price forecast to US$95-100/bbl for 2H12. Range US$95- 110/bbl projected for 2013
– Deutsche Bank lowers targets for ASX200 to 4350 (year-end) and 4650 by mid-2013. Likes Challenger, Primary, AMP, Lend Lease and Crown
– Barclays remains positive, predicting things will get better for commodities. Prefers long positions in crude oil, copper and soybeans
– Confession season takes off with PPT, TPI & NHF this morning. All out with profit downgrades
– Making mistakes. It's all part of life (but don't let mistakes happens for no good reason) http://goo.gl/nU0Ei
– Football and Finance – Greece versus Germany – this is funny (read and I hope you all agree) http://alturl.com/onwzj
– Commodity analysts at Citi continue to see weakness ahead for copper. Price to move sideways at best next month, support at US$6,800/7,000/t
– Race to the bottom? Chartist at Scotia Mocatta believes were silver to break below US$26/oz, US$18 might become market's next focus
– Macquarie projects ASX200 will return some 10.7% in the year ahead, of which 5.5% will come from dividends; resources to underperform
– Concludes Barclays: too early to turn positive on crude oil. Analysts prefer the sidelines, for now
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.
