{"id":59892,"date":"2012-05-04T10:40:04","date_gmt":"2012-05-04T00:40:04","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2012\/05\/04\/your-editor-on-twitter-94\/"},"modified":"2012-05-04T10:40:04","modified_gmt":"2012-05-04T00:40:04","slug":"your-editor-on-twitter-94","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2012\/05\/04\/your-editor-on-twitter-94\/","title":{"rendered":"Your Editor On Twitter"},"content":{"rendered":"

\n\tBy Rudi Filapek-Vandyck<\/span>, Editor FNArena<\/span><\/p>\n

\n\tI joined Twitter. Not because I am curious what this celebrity has to say about her kids, or to read that another one is waiting for a connecting flight, impatiently. Twitter allows me to follow news and commentary sources such as Dow Jones' Marketwatch<\/span>, Bloomberg News and the Wall Street Journal. It assists me in keeping up with what is happening across the globe, while I am observing and analysing<\/span> financial markets myself.<\/p>\n

\n\tWhile I am on Twitter, reading a quote here and a news flash there, I offer my own succinct insights and commentary. Those amongst you who have already discovered the virtues of a Twitter account can add my Tweets to their daily news via @filapek<\/span>.<\/p>\n

\n\tFor those who have no intention to join Twitter, but would like to stay up to date, below are my Tweets from the week past:<\/p>\n

\n\t– Best summary of Oz banks interim results: it was good, but not THAT good (quote from JP Morgan's response post WBC report)<\/p>\n

\n\t– Main Question Mark hanging in front of Oz Equities: are valuation headwinds<\/span> for banks harbinger for general market weakness? Always has been<\/p>\n

\t– BA-ML strategist Tim Rocks says Oz econ<\/span> much weaker than RBA<\/span> expected, more cuts forthcoming, but AUD will not necessarily weaken much..?<\/p>\n

\n\t– Albert Edwards' latest: http:\/\/scr.bi\/JgopY2<\/span><\/p>\n

\n\t– Oz Stockbrokers: ANZ<\/span> reaping downgrades, more downgrades for Independence Group, Watpac<\/span> and CFS<\/span> Retail; Brambles still a favourite<\/span> USD play<\/p>\n

\n\t– Meanwhile in the background…A-REITs continue outperforming broader market… JP Morgan sees better relative value in WRT<\/span>, SGP<\/span>, MGR<\/span> and IOF<\/span><\/p>\n

\n\t– How times have changed… Westpac just reported a slightly negative growth in cash earnings per share for H1<\/span>; cash return on equity 15.1%<\/p>\n

\n\t– FNArena's<\/span> Icarus<\/span> Signal has been flagging banks share prices are reaching valuation limits; the going is getting tougher from here…<\/p>\n

\n\t– Chartist Daniel Goulding<\/span> warns: number of stocks at 52 weeks low on the rise. This means inner weakness in equities market is strenghtening<\/span><\/p>\n

\n\t– UBS maintains: Q2<\/span> outlook for commodities mixed at best; does not like copper, nickel, met coal, silver, alumina, cotton and sugar<\/p>\n

\n\t– RBA<\/span> delivers big surprise implicitly admitting a "mea culpa" on economic strength and high interest rates; 50bp<\/span> cuts will get lots of debate<\/p>\n

\n\t– Macquarie makes conviction call: commodities demand from China will improve from mid-year onwards, with upside seen to prices<\/p>\n

\n\t– Oz stockbrokers today: upgrade for CBA, AWE; downgrades for CommW Property (CPA), Caltex (CTX), Imdex (IMD), Jetset (JET) and NAB (2x)<\/p>\n

\n\t– DB analysts confirm FNArena's Icarus Signal: Bank valuations are looking stretched, trading on substantial PB and PE premium to global peers<\/p>\n

\n\t– Stop the press: GS goes against the grain and forecasts slower growth for US in H2, but no recession. April non-farm payrolls est at 125,000<\/p>\n

\n\t– Concludes Barclays: China's changing appetite for metals will benefit aluminium, nickel and lead the most<\/p>\n

\n\t– And Oh Yes, after exiting too early, Dennis Gartman is back long in US equities…<\/p>\n

\n\t– Citi strategists in Europe say market likely to keep capex-heavy spenders on low PE; stocks mentioned include Rio Tinto<\/p>\n

\n\t– Barclays predicts commodities with strong linkages to rising living standards and changing tastes in China will be tomorrow's winners<\/p>\n

\n\t– BA-ML strategists add: be mindful of likely further cuts to earnings estimates; meaning those PEs are actually HIGHER than what they seem<\/p>\n

\n\t– BA-ML strategists find Oz equities ex-banks\/resources NOT cheap; trading on 14.8x fwd earnings; year-end target remains at 4000 for ASX200<\/p>\n

\n\tYou can add my regular Tweets on Twitter via @filapek<\/p>\n

\n\t <\/p>\n

\n\tFind out why FNArena subscribers like the service so much: "Your Feedback (Thank You)<\/a>" – Warning this story contains unashamedly positive feedback on the service provided.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

This week’s Tweets on Twitter by Your Editor.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/59892"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=59892"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/59892\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=59892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=59892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=59892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}