FYI | Jun 20 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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– Overnight: US #equities pause. #Oil, #gold higher. Base #metals higher, except #nickel. #Ironore up US40c to US$90.70/tonne #ausbiz
– Let the speculation begin! Bell Potter suggests Suncorp (#SUN) should acquire NIB Holdings (#NHF) #ausbiz
– Overnight: Bad news is good news. US #equities up. #Oil, #gold stable. Base #metals mixed. #Ironore up US$1.00 to US$90.30 a tonne #ausbiz
– Are Oz Retailers now an excellent opportunity? Consumer confidence is required to see sustainable pick-up in spending http://tiny.cc/z1nmhx
– Hmm. Quant analysts at CS had another look at companies relying on H2 to meet FY14 expectations. There is no list with positive surprises?
– Strategists at Goldman Sachs ask obvious question: what if AUD weakness simply not forthcoming? Consensus estimates under threat #ausbiz
– Morgan Stanley shifts Materials from Neutral to UW and Financials Super Sector from Neutral to OW. Adds DMP, NVT and REA to Model Portfolio
– Morgan Stanley strategists see plenty of reasons to be more cautious on short term outlook ASX200. Retain target 5800 year-end #ausbiz
– Overnight price action: #equities up. #oil stable. #gold down. Base #metals rally. #ironore up US30c to US$89.30/tonne #ausbiz
– Says Citi's Levkovich: bigger challenges facing investors in 2015 might involve a significant change from Fed and Chinese economic trends
– Deutsche Bank sums it up quite nicely for Super Retail (#SUL) post third profit warning: Value emerging but earnings risks remain #ausbiz
– Deutsche Bank also believes share market already pricing in lower prices for #ironore. Maintains there's value in large cap diversifieds 2/2
– Deutsche Bank the latest to cut price forecasts #ironore: to average US$104/t in 2014, US$96/t in 2015 and US$90/t in 2016 #ausbiz 1/2
– Macquarie: removed any further RBA cuts this cycle, but do not foresee any risk interest rate hike for considerable period of time #ausbiz
– Frustrating to many, no doubt: JP Morgan's Financials vs Resources Timing Model shifted even more in favour of the first #investing #ausbiz
– Overnight price action: #equities up, #oil mixed, #gold stable. Base #metals rally, exc #tin. #ironore down US$1.90 to US$89.00/t #ausbiz
– Lower bad debts underpin prospects for Aussie #Banks, says Goldman Sachs. Upgrades ANZ Bank to Buy, price target $36.81 #ausbiz
– The Greatest Risk of All, report BA-ML analysts, is that Wall Street excesses rather than Main Street recovery forces the Fed to tighten
-#Ironore still refuses to play ball. #China Fe62 price down US60c on Friday to US$90.90/t. Over the week iron ore fell by US$3.60 #ausbiz
You can add my regular Tweets on Twitter via @filapek
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