FYI | Mar 22 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:
– The Sextant's Daniel Goulding maintains: a 2-year bear market about to take off. Sees one more, final rally this year; target 4000 year-end
– US #shale gas revolution: implications for Asian prices http://goo.gl/iJDet #NatGas #Energy #Resources
– Remember today as this is the day Peter McGuire, Chief Market Strategist NG Farah, said #ironore will be back at US$150/t in two years' time
– Some bad news from Citi: small cap #resources stocks look cheap, but they are likely to remain cheap as no catalyst in sight #equities
– Goldman Sachs sees "structural oversupply" kicking in for #ironore in 2014 with "significant implications" for producers; US$80/t by 2015?
– UBS somewhat concerned that the #miners are running out of time to rally as Q3 can potentially see much lower price for iron ore #equities
– Dennis Gartman finds #gold price action disappointing as European stupidity (#Cyprus) has pushed markets into Risk Off mode
– Breaking news: Breville loses Canada business deal: Kitchen appliance maker Breville has lost a major distribu… http://bit.ly/ZoKGMx
– JP Morgan downgrades China; economic risk today arguably higher than in mid-2012 as growth momentum slowing with policy response constrained
– CS analysts report prices for whitegoods in Australia have been trending down; posing increased risks for Harvey Norman (#HVN) #equities
– Macquarie research post reporting season reveals positive risk balance in particular for industrials. Share market reflecting just that
– Core Data: Australians feel more positive about share market outlook but they’re still not willing to allocate substantially to #equities
– The problem with cutting costs at media companies is that it undercuts generating genuine "news". Not getting better http://on.mash.to/ZCrhH1
– #ASX leadership changeover: #CBA index weight and mkt cap ($111.85) surpasses #BHP's ASX-listed mkt cap #ausbiz
– Japanese funds experiencing record funds inflows; precious metals suffering from redemptions for five weeks in a row; bonds still positive
– Goldman Sachs removed Super Retail (#SUL) from Conviction List, but retains Buy as upside shrinks post strong share price performance
– Macquarie: would not be surprised more tightening measures on #China property market from central government if prices continue rise rapidly
– Citi believes there's upside risk to its year-end target for ASX200 of 5200 as confidence grows in FY14 corporate earnings growth
– Fall-out from the Cypriot "solution" – how Europe never ceases to "surprise" http://goo.gl/CpUAn
– BCA Research reported #gold advance/decline model has broken below key support level; now charting a 2-year low. More weakness expected
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.
