FYI | Dec 05 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 finds #copper has been oversold. Sees rally potential in 2015, though USD and Chinese housing market are key risks #ausbiz
– Low. Lower. Lowest. Credit Suisse has introduced its new price target for Vocation (VET) and … (drum roll)… it's 20c #ausbiz
– Brokers are introducing new price targets for Vocation (VET). Used to be $2+. Now Macquarie says 34c. UBS cuts to 22c #ausbiz
– Well said. "Buy and Hold isn't dead, but it's not a religion either". Set and forget is but a pipe dream when everything is in constant flux
– A gloating Macquarie announces "welcome to the income recession", believes pressure now likely to build on RBA to act #ausbiz
– Says ANZ Bank: Weak fundamentals are expected to continue in commodity markets, with a turnaround not expected until H2 2015 #ausbiz
– Investors' central bank expectations continue to drive FX and equities. Australia now part of it too. Disappointing GDP print latest example
– Never underestimate how bad news simply leads to more bad news. All focus on energy companies that are ill-prepared http://tinyurl.com/ly6hy2m
– Citi expects flaccid commodity demand growth through 2015. Is neutral-to-bearish across the complexes for 2015 #ausbiz
– Morgan Stanley warns about too high market consensus expectations for 2015-16. Thinks there will be zero profit growth ASX200 #ausbiz
– Morgan Stanley argues higher unemployment -6.2% today versus 5.9% last year- is to overshadow falling petrol prices this Xmas #ausbiz
– Trading Idea from Morgan Stanley: Santos (STO) to Outperform the ASX200 over the next 30 days #ausbiz
– Macquarie says #oil could now stay in low US$60/bbl "for years". Alternative energy to come under pressure as a result #ausbiz
– Revised #oil price forecasts Credit Suisse: average US$75/bbl in 2015; average US$80/bbl for 2016-2020. It's a new paradigm #ausbiz
– #Oil price shock over? CS suggests WTI can fall to low US$60/bbl in Q1 next year. Sees 6 months of market adjustments ahead #ausbiz
– Bell Potter lowers #ironore forecasts to US$80/t for 2015-17. Retains Sell on Atlas Iron due to loss-making and a lot of debt #ausbiz
– BT Investment remains negative on resources stocks, sees #China GDP growth at 7% in 2015, lower in later years #ausbiz
– No misunderstanding about Citi's view on the outlook for crude oil: "The Death of US$100/bbl Oil" #ausbiz
– Citi's team of commodity analysts remains bullish on #nickel, #copper and #lead #ausbiz
– IHS analysis finds 80% of new USA tight-oil production in 2015 would be economic between US$50 and US$69 a barrel #ausbiz
– Goldman Sachs believes mining stocks represent value traps as NPVs are poised to fall in years ahead. True value 10-15% below current prices
– Citi cuts BHP estimates by double digits, but raises rating to Buy with price target of $37 on div support and spin-off potential #ausbiz
– Danske Bank says structural slowdown to continue to weigh in #China. Expects growth to slow to 6.8% in 2016 from 7.2% in 2015 #ausbiz
– Sound advice from CS: if there is anything that previous cycles have taught us, it is that we should prepare for the worst [low priced #oil
– CS analysts warn "things could get extremely ugly over the next 6-12 months", suggest #oil stocks are in trouble (balance sheets) #ausbiz
– Investors should not underestimate potential for bad news to simply generate more bad news. #oil sector should now be primary focus #ausbiz
– JP Morgan continues to see further downside to #oil prices. Expects Brent to trade below US$70/bbl in weeks ahead #ausbiz #energy
– Would you believe it? #ironore rose by US10c to US$69.80/tonne on Friday and was unchanged over the week #ausbiz #commodities
– Danske Bank says it well: lower #oil price set to support consumers but keep an eye on financial risks #ausbiz #investing
– Some advice from Dennis Gartman: whatever you do, don't buy #oil #investing
– ANZ Bank downgrades GDP forecasts for Australia in 2015 and 2016 to 2.9% and 3.2% respectively, RBA to delay rate hikes #ausbiz
You can add my regular Tweets on Twitter via @filapek
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