{"id":60252,"date":"2012-07-13T11:40:41","date_gmt":"2012-07-13T01:40:41","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2012\/07\/13\/your-editor-on-twitter-100\/"},"modified":"2012-07-13T11:40:41","modified_gmt":"2012-07-13T01:40:41","slug":"your-editor-on-twitter-100","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2012\/07\/13\/your-editor-on-twitter-100\/","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– Barclays anticipates strong rally for commodities in Q4-H1 13, but after that softer prices than previously anticipated. Palladium favourite<\/p>\n

\n\t– Barclays has lowered commodity prices for years into the future (as about everybody is doing – see also Macquarie on crude oil today)<\/p>\n

\n\t– US investors worry about earnings. With 28 out of 500 companies having reported so far, average earning growth sits at a negative 2.40%<\/p>\n

\n\t– Macquarie is also very negative on Sandfire Resources (SFR) – it's called a Counter Consensus Call<\/p>\n

\n\t– Macquarie doesn't like Primary (PRY) at all; favourable accounting makes stock 50% overvalued, plus treatment upfront GP payments a negative<\/p>\n

\n\t– Goldman Sachs has removed Primary Health Care (PRY) from Conviction Buy list after strong performance, rating remains Buy<\/p>\n

\n\t– CS Commodities update: balance of near-term risks to the industrial commodity complex is to the downside, though bounce may occur into 2013<\/p>\n

\n\t– BHP- Source told Financial Times- BHP looking to sell aluminum assets in Brazil. Share price last $31.05. Qtr Production due July 18th<\/p>\n

\n\t– UBS: outlook for construction in Oz remains opaque while recovery in NZ and USA is still debatable, thus risks for building stocks remain<\/p>\n

\n\t– Says NAB: US growth prospects are disappointingly modest -both econ and companies- with no white knight on the horizon to boost growth<\/p>\n

\n\t– So far, just 1 out of 16 companies that have reported this week have beaten Q2 EPS estimates. Ominous sign. $$<\/p>\n

\n\t– UBS sees plenty of reasons remain cautious resources. Key call is buy gold\/sell copper on 3-6 month view, buy oil\/sell copper on 3-yr view<\/p>\n

\n\t– Concludes NAB: "It seems we are not at the bottom for poor global sentiment yet" – well, no, not if US corporate results show lack of oomph<\/p>\n

\n\t– With headwinds to global growth persisting, BA-ML analysts see continued weakness commodities prices in Q3; positive on gold and uranium<\/p>\n

\n\t– JPM updates commodities prices forecasts: H1 even worse than already dour predictions, but prices should recover, albeit in mild fashion<\/p>\n

\n\t– What if weakness in commodities and resources stocks means more than just risk aversion? ECRI warns "US recession" http:\/\/goo.gl\/f4ZdL<\/p>\n

\n\t– WSJ: "All banks are potentially insolvent. Therefore Libor is no longer an effective proxy for credit availability" http:\/\/on.wsj.com\/Ney9py<\/p>\n

\n\t– US reporting season (sort of) starts next week. Past research shows 8% USD gain weighs corporate earnings down by 2.6%. This year USD up 5%<\/p>\n

\n\t– Conviction Call by CS ahead of Alcoa result: the worst is yet to come for Alumina Ltd in Q3; profits projected to approach nil (zero)<\/p>\n

\n\t– One for the bears: BA-ML predicts 1.9% GDP growth in Q1 will prove to be the strongest of the year for US economy<\/p>\n

\n\t– Think about it: data show largest redemptions from govt bonds ever (!) but the money went into corporate bonds, not into equities<\/p>\n

\n\t– Lest we forget: Citi predicts downgrades for Italy, Spain, Greece, Ireland, Portugal in 3 quarters; US, Japan, France, Netherlands in 3 yrs<\/p>\n

\n\t– US Long-Only equity funds have seen net redemptions in EVERY week in Q2 2012. EVERY WEEK. Marking the longest losing streak since Dec 2008<\/p>\n

\n\t– Maybe this has escaped your attention: from a 14.8% GDP growth peak in Q2 2007 Chinese growth has now nearly halved in five years time.Soft?<\/p>\n

\n\t– Barclays believes only agriculture deserves significant Overweight positions with significant upside potential still for grains, oil seeds<\/p>\n

\n\t– Barclays remains underweight base metals; recent visits to China suggest market conditions too weak to justify further price appreciation<\/p>\n

\n\t– Scary statistic: For every S&P500 member upgrading guidance for current quarter, 3.6 cut expectations – the highest ratio in over a decade<\/p>\n

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

\n\tFind out why FNArena<\/span> 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\/60252"}],"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=60252"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/60252\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=60252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=60252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=60252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}