FYI | Mar 28 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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– Morgan Stanley believes there's real risk for supply interruption from Rio Tinto's Grasberg #copper mine, affecting 2% of global supply
– CS reports #Fortescue focused on repaying debt, has not looked at 355Mt expansion for a while. #ironore worries? You bet! #investing
– Broker report title of the day: The past does not predict the future. CIMB remains bearish on #Cochlear, target $45.33. Ouch! #investing
– BA-ML suggests #China government to cut “growth floor” from 7.5% to 7.0% to give it more flexibility, more room for structural reforms
– Macquarie suggests investors better temper expectations for met #coal in years ahead, cuts price forecasts, fundamentals poor #investing
– Analysts about to downgrade profit growth expectations corporate Australia http://tiny.cc/2pgedx #investing
– Overnight: US #equities flat. #Oil up. #Gold flat. Base #metals mixed, mostly lower. AUD/USD 92.55c. #Ironore up 40c to US$112.30/tonne
– Analysis by BA-ML suggests Mar-Apr & Sept-Nov as the most vulnerable periods for potential corporate bond defaults in #China
– Overnight: US #equities sell-off on Russian sanctions threat. #Gold down. #Oil stable. Base #Metals down. #Ironore up 10c to US$111.90/tonne
– GINORMOUS, metre-long, 'monster rat'. Yep, it's real people. Story: http://bit.ly/1o22FHZ via @newscomauHQ pic.twitter.com/bprxvcfbId
– BA-ML retain view #Monadelphous' (MND) profits to decline by 20% between FY13-16 as work available will be shrinking, already is #investing
– Dave Rosenberg: #equities not in bubble, they are simply expensive for the time being. Thinks market is catching breath as earnings catch up
– Overnight: US #equities up. #Oil stable. #Gold stable. Base #Metals sharply up. #Ironore up by US$1.30 to US$111.80 a tonne
– CLSA says don't be fooled by "insane" PEs for wealth managers, growth engines kicking in making PEs more normal and not expensive #investing
– BA-ML: strategy of holding companies that offer both high quality and high growth will continue to be a winning formula in 2014 #investing
– Morgan Stanley believes market underestimating international deterioration margins and overestimating upside potential for #QBE Insurance
– UBS sees flattening yield curve US Bonds, triggering less favourable environment for equity, suggesting moderate returns ahead #investing
– Overnight: US #equities down, esp biotechs. #Oil little changed. #Gold dumped. Base #metals little changed. #ironore US$110.50 (-20c )
– HSBC's #China Flash PMI at 8 month low but market obviously taking the view stimulus is just around the corner to retain 7.5% GDP target
– Usually a bad sign: Morgan Stanley has ceased covering Gindalbie Metals (#GBG) with immediate effect #Investing
– BA-ML "moderately negative" on outlook #oil prices. Sees Brent prices averaging US$105/bbl in 2014, "dipping to US$90/bbl at some point"
You can follow me on Twitter via @filapek
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