FYI | Jun 12 2015
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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-UBS notes unemployment remains lowest among major States in WA, which doesn’t gel with mining downturn. ABS inaccuracy continues? #ausbiz
-Citi economists find yesterday’s Oz labour market data hard to reconcile with other local data. More suspicion about accuracy ABS #ausbiz
-Trading Idea from Morgan Stanley: AMP shares to outperform the Australian share market over next 60 days following recent weakness #ausbiz
-Uh-oh #ausbiz … another IPO has been pulled. This time printing outfit IVE Group. Seeing a pattern? http://www.afr.com/street-talk/ive-group-ipo-pulled-as-market-softens-20150611-ghlpdt …
-Canaccord Genuity believes there’s upside risk for Capilano Honey’s (CZZ) H2 performance this financial year. Buy. Target $10.18 #ausbiz
-Canaccord has raised eServGlobal (ESG) to Buy on early signs of turnaround #ausbiz#investing
-Goldman’s cut banks to underweight in March, but after the period of weakness move to neutral (FWIW)..
-Thus after a 20% fall Westpac (WBC) shares receive an upgrade from Credit Suisse to… Neutral. Note DB & UBS raised to Buy in May #ausbiz
-The irony! Australia’s greenhouse gas emissions projections heavily overstated as they rely on too high growth estimates, RepuTex #ausbiz
-Bell Potter upgrades Medibank Private (MPL) to Buy with an unchanged price target of $2.63 #ausbiz#investing
-Deutsche Bank reports 2015 on course to be fifth consecutive year where #commodities benchmark returns have posted negative annual returns
-Morgan Stanley’s Global Currency Strategy Team forecasts AUDUSD at 0.68 by end-2015, 0.62 end 2016 on back USD-strength #ausbiz#investing
-Australian companies and profits have never been disrupted and threatened like they are today http://tinyurl.com/nr3qhak#ausbiz#investing
-Standard Life notes emerging market manufac PMI sub 50 for 2 months; Brazil, China, Russia, South Korea & Turkey negative territory #ausbiz
-Deutsche Bank initiated coverage on Greencross (GXL) with Hold rating and $7 price target #ausbiz#investing
-Goldman Sachs initiated coverage on MYOB (MYO) with Neutral rating while Citi started off with a Buy #ausbiz#investing
-Cover-More (CVO) removed from A+NZ Buy List as Goldman Sachs downgrades to Neutral on valuation grounds #ausbiz#investing
-Bell Potter upgrades Caltex (CTX) to Buy and Technology One (TNE) to Hold following share price weakness #ausbiz#investing
-And on the day CS sticks to $103, Morgan Stanley warns CSL is losing the ig game. Share price could halve under bearish scenario #ausbiz
-Stockbroker Moelis has upgraded Veda Advantage (VED) shares to Buy following recent share price weakness. Target $2.46 #ausbiz#investing
-Observed: Credit Suisse sticks to its $103 price target for CSL as industry dynamics continue to support growth #ausbiz#investing
-Is #gold preparing for a major break to the downside? This commentator says it will be painful for the true believers http://goo.gl/l442Kg
You can add my regular Tweets on Twitter via @filapek
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