{"id":60790,"date":"2012-10-26T10:40:17","date_gmt":"2012-10-25T23:40:17","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2012\/10\/26\/your-editor-on-twitter-115\/"},"modified":"2012-10-26T10:40:17","modified_gmt":"2012-10-25T23:40:17","slug":"your-editor-on-twitter-115","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2012\/10\/26\/your-editor-on-twitter-115\/","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– The coming 6-9 months will prove crucial for the Newcrest<\/span> Mining (NCM<\/span>) share price http:\/\/<\/span>goo.gl\/tjKHH<\/span><\/span> <\/span><\/span><\/a> #<\/s>gold<\/b><\/a> #<\/s>ASX<\/span><\/b><\/a> #<\/s>investing<\/b><\/a><\/p>\n

\t– For those who want to hear: longer term contribution dividend yield to total returns likely to exceed recent past averages (Macquarie) #<\/s>ASX<\/span><\/b><\/a><\/p>\n

\t– Standard Life: government bonds expensive due to QE and safe-haven flows. "Investors should be very light in government bond allocations"<\/p>\n

\t– Faster than anyone thought would happen: Spot #<\/s>ironore<\/span><\/b><\/a> has returned to USD120<\/span> per tonne<\/span> (up 1.1%)<\/p>\n

\t– This story reads like a Hollywood movie script – it's about publishing investment books http:\/\/<\/span>tinyurl.com\/4xjljov<\/span><\/span><\/a><\/p>\n

\t– Citi<\/span> predicts sovereign ratings will again become focus in 2013: Portugal awaiting downgrade; both France, UK to be placed on negative watch<\/p>\n

\t– Deutsche Bank: compared to overseas, Australia’s PE looks expensive, but yield looks good. Remains cautious on mining stocks (High PEs<\/span>) #<\/s>ASX<\/span><\/b><\/a><\/p>\n

\t– UBS Model Portfolio update for Oz equities: out AQG<\/span>, QRN<\/span>, RMD<\/span>, SGP<\/span> – replacements are CTX<\/span>, CGF<\/span>, PRU<\/span>, PRY and WRT<\/span> #<\/s>ASX<\/span><\/b><\/a><\/p>\n

\t– It would appear US$120 is the new magnet for spot iron ore price. Last night, spot #<\/s>ironore<\/span><\/b><\/a> price rose by US$1.20 to US$118.70 a tonne<\/span><\/p>\n

\t– ANZ<\/span> Bank: divergence lead indicator and risk appetite very wide. Correction is in the offing if we don’t get improvement in lead indicators<\/p>\n

\t– US Q3<\/span> reporting season stats: of companies having reported 7% is higher in share price, 20% are down. Trend ex-financials is negative growth<\/p>\n

\t– Written before it become too obvious: Oz AGM<\/span> season is turning into a mine field – many misses and disappointments http:\/\/<\/span>goo.gl\/lFZ3v<\/span><\/span><\/a><\/p>\n

\t– Oz share market is going through extended period of cuts to profit estimates. Mining services providers are feeling the brunt right now #<\/s>ASX<\/span><\/b><\/a><\/p>\n

\t– Macquarie argues we are in "very risky period for the Australian economy" with H2<\/span> next year potentially an "air pocket" for Oz economy #<\/s>ASX<\/span><\/b><\/a><\/p>\n

\t– Oz stockbrokers remained consistent in issuing (far) more downgrades than upgrades: today's victims include OZL<\/span>, OSH<\/span>, SMX<\/span> – IFL<\/span> upgraded Buy<\/p>\n

\t– Just when one doesn't expect it: Citi<\/span> economists forecast 2013 will be worse for European growth than recession of 2012. Divergences high<\/p>\n

\t– Don't look! US equities are succumbing to weak corporate profits. Oz equities market has tried to stay its own course; for how long? #<\/s>ASX<\/span><\/b><\/a><\/p>\n

\t– Macquarie's commodity analysts reporting from LME<\/span> week: pullbacks to supply projects will be the #<\/s>commodity<\/b><\/a> story over the next six months<\/p>\n

\t– One for today: GS<\/span> analysts expect Wotif<\/span> (WTF) share price to react strongly on increased commission rates which lift FY14<\/span>\/15 EPS estimates<\/p>\n

\t– Deutsche Bank believes #<\/s>equities<\/b><\/a> are well priced for recovery with risks to downside. Expects markets to be flat near term, at best #<\/s>ASX<\/b><\/a><\/p>\n

\t– Citi strategists believe US equities look attractive, mainly for investors with 6 to 12 months horizon. Earnings outlook clouded short-term<\/p>\n

\t– Citi thinks authorities #<\/s>China<\/b><\/a> are comfortable with sub-8% growth, so no stimulus in store. Cuts GDP growth forecasts, benign recovery ahead<\/p>\n

\t– Stats behind Q3 season: of 123 S&P500 companies that reported so far, 61% missed on revenue forecasts. Spot iron ore up US$2.20 to US$117.50<\/p>\n

\t– #<\/s>BREAKING<\/b><\/a> The Queensland Government has confirmed it will lift the ban on #<\/s>uranium<\/b><\/a> mining<\/p>\n

\t– Interesting to note we have 145 of 200 Stocks on the ASX above their LT moving average. New high level for 2012. FTSE just off 81%<\/p>\n

\t– In one month, the #<\/s>NASDAQ<\/b><\/a> 100 stocks have moved from 81% of stocks above their LT MA to 45%. S&P500 from 85% to 66%. Markets are moving.<\/p>\n

\t– Macquarie strategists reiterate preference for US equities over Oz: stronger EPS growth outlook + cheaper valuations = more attractive #<\/s>ASX<\/b><\/a><\/p>\n

\t– Deutsche Bank sees modest price softness for industrial metals leading into end of the year given challenging economic conditions globally<\/p>\n

\t– Goldman Sachs downgrade WBC to sell and NAB to neutral (CBA already at sell, ANZ remain conviction buy) on valuation and EPS growth #<\/s>ausbiz<\/b><\/a><\/p>\n

\t– Dennis Gartman: Something's amiss in the #<\/s>gold<\/b><\/a> market and its health is growing more and more suspect. Disappointed and no longer overweight<\/p>\n

\t– In case we forgot…RBS believes RBA will cut rates twice by year-end. Citi still waiting for Chinese RRR cut. Obama favoured in US election<\/p>\n

\t– Citi believes #<\/s>China<\/b><\/a> property sector has bottomed but no sharp recovery anticipated. Overall activity to slow in Q4 due to China winter<\/p>\n

\t– Spot Iron Ore – China Import (Fines 62% FE) off $0.20 to US$115.30\/dry tonne<\/p>\n

\t– BMO's Don Coxe: This is looking like a long slog sideways, and none is stuff of double digit P\/Es for the Industrial World stock markets<\/p>\n

\t– Still believe in peak oil? Well, if THIS cannot convince you otherwise, nothing ever will http:\/\/<\/span>tinyurl.com\/8k6z25q<\/span><\/a><\/p>\n

\t– Feeling overly bullish with nothing around to suggest otherwise? Dave Rosenberg has a few "but ifs" for you http:\/\/<\/span>tinyurl.com\/9jah5px<\/span><\/a><\/p>\n

\t– Seems like investors in US are at war too: optimistic sentiment versus disappointing profit growth. Same story here in Oz. Mind the traps<\/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":[48],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/60790"}],"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=60790"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/60790\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=60790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=60790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=60790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}