FYI | May 02 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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– Observation: ANZ Bank shares are now back below consensus price target as both have moved towards each other in recent days #ausbiz
– MS on Carsales: CRZ shall continue generate positive earnings surprises over next 3 years driving further stock price appreciation #ausbiz
– IG Market's Evan Lucas sets the tone for today's ASX session: It is going to be a painfully slow trading day #ausbiz #Investing
– Overnight price action: US #equities flat. #OIl weaker, #Gold weaker, Base #metals (most) weaker. #ironore closed due to #China holiday
– Morgan Stanley upgrades 12-month forward ASX 200 index target to 5,800 by 1Q15, representing 10% total return upside #ausbiz #investing
– Overnight: US #equities higher, but #oil, #gold, base #metals all down, down, down. #China import #Ironore down US$2.90 at US$105.40/tonne
– So what's all this fuzz (fizz?) about Australian Banks? A perspective on "momentum" and know what your goals are http://ow.ly/wjh6q
– There's new trend in town: everybody's tripping over each other stating same thing about Aussie banks. I was guilty on Monday too #ausbiz
– Moelis thinks CSR's potential still underestimated. Buy post 40% price increase & despite full looking PE of 18. Price target $4.50 #ausbiz
– Overnight price action: #equities higher, and #oil, but everything else pretty much down, down, down. #Ironore down US30c to US$108.30/tonne
– CLSA notes short positions Australian #banks at historic lows (WBC exception) while share prices at all-time highs ANZ, CBA & WBC #ausbiz
– Trading Ideas from Morgan Stanley: CBA shares to outperform next 60 days as trading update poised to surprise. NAB to fall on disappointment
– Bell Potter buys into the Enero (EGG) turnaround story. Initiates coverage with Buy and $1.40 price target #ausbiz
– Overnight price action: #equities stay positive, but all the rest pretty much down, down, down. #ironore spot down 2.2% to US$108.6/tonne
– CLSA says Virtus Health (VRT) facing slower industry growth, but still initiates with Outperform and $8.40 price target #ausbiz
– Good Monday Morning! Overnight prices pretty much down, down, down. #Gold exception. #Ironore down US$2.20 to US$111.00/t Friday #ausbiz
You can add my regular Tweets on Twitter via @filapek
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