FYI | Aug 15 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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– ANZ Bank update today confirms CBA remains superior among peers, plus Asia expansion is no guarantee for good news story #ausbiz
– Overnight: #equities up. #Oil down. #Gold stable. Base #metals mostly down. #Nickel up #ironore unchanged at US$93.20/t A$ US93.15c #ausbiz
– ANZ: July’s data suggest Chinese commercial banks experienced ‘sudden stop’ credit extensions prompted by significant increase risk aversion
– Analysis by WilsonHTM suggests short selling across the Australian share market is at the highest level for 10 months. More COH? #ausbiz
– It truly is a genuine Jeckyll and Hyde type of reporting season we are witnessing in Aust. Profits not the full story http://tiny.cc/5vgikx
– Goldman Sachs has added Oz Forex to its Small and Mid Cap Focus List #ausbiz
– Finally, Bell Potter is convinced Domino's Pizza is worth Buy rating; target jumps to $26.75 from $15. Predicts growth next decade #ausbiz
– Overnight: Europe worries, #equities down. #Oil down. #Gold up. Base #metals up, #copper down. #ironore down US$1.30 to US$94.00/t #ausbiz
– CIMB growing concerned #China might be closer to end of rally than beginning and additional stimulus will be needed to continue the uptrend
– Domino's Pizza shares too expensive? Moelis reiterates Buy. Share price up post another cracker result. High PE = premium earned #ausbiz
– Overnight: #equities Europe, US rally. #Oil mixed, #Gold stable. Base #metals higher. #ironore down US40c to US$95.30/t A$ US92.60c #ausbiz
– Reports BA-ML: Sentiment indicators suggest this is 4-8% type global equity correction rather than The Big One; expect 1862 on SPX to hold
– WilsonHTM re-initiates coverage of Healthscope with BUY rating. Price target of $2.51; midpoint between base and bull scenarios #ausbiz
– Macquarie has taken another look and arrived at same conclusion: more weakness should be in store for #copper this second half 2014 #ausbiz
– Reminder: on Friday US #equities rallied, but #oil mixed, #gold lower, base #metals lower and #ironore fell US30c to US$95.70/t AUD US92.75c
You can add my regular Tweets on Twitter via @filapek
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