{"id":61144,"date":"2013-01-18T12:22:18","date_gmt":"2013-01-18T01:22:18","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2013\/01\/18\/your-editor-on-twitter-121\/"},"modified":"2013-01-18T12:22:18","modified_gmt":"2013-01-18T01:22:18","slug":"your-editor-on-twitter-121","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2013\/01\/18\/your-editor-on-twitter-121\/","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– Look at #equities including #dividends and a different picture emerges, concludes Craig James (and I fully agree) http:\/\/bit.ly\/W9Inte<\/a><\/p>\n

\n\t– Dennis Gartman: Bundesbank repatriating gold from foreign vaults is but the beginning of a new trend. Nederlandsche Bank to follow suit<\/p>\n

\n\t– Remarkable: Morgan Stanley retains #gold as favourite #commodities exposure for 2013. Perseus (#PRU) most preferred in Australia<\/p>\n

\n\t– Market darlings in Oz continue receiving downgrades. Today JP Morgan downgrades Wesfarmers (#WES) to Underweight with price target $34.45<\/p>\n

\n\t– On a buoyant day for oil, metals, precious metals, #China Fe62% spot #ironore price unchanged at US$145.40 a tonne<\/p>\n

\n\t– Standard Bank joins #nickel bears with prices cut ever so more for years ahead. Says US$20,000\/t is now off radar. 2013 average US$17,700<\/p>\n

\n\t– Analysts at GS confirm my own prognosis earlier this week: #ironore is looking towards two more years of super prices-profits-margins<\/p>\n

\n\t– Here's my take on Rio Tinto's (#RIO) production report this week and the outlook for this year and next http:\/\/bit.ly\/WJO8wU<\/a> #ironore<\/p>\n

\n\t– Mean-reversion for US equities doesn't look good, UBS technical chartist says http:\/\/read.bi\/11zwinO<\/a><\/p>\n

\n\t– Are we experiencing a new trend whereby 2012's favourites are receiving downgrades in 2013? #Telstra (#TLS) downgraded to Sell by CIMB<\/p>\n

\n\t– GS update on commodities triggers upgrades for #MML, #LYC and #EVN to Buy, but #AWC gets downgrade to Sell on share price appreciation<\/p>\n

\n\t– MS downgrades Rio Tinto to Equal-Weight on skepticism cost out targets might be too ambitious, plus iron ore price already rallied a lot<\/p>\n

\n\t– DB revised price targets for Oz Banks. New targets are all BELOW current share prices with exception ANZ (11% gap) and NAB (8%) – hmmm…<\/p>\n

\n\t– Oooops!!! #China Fe62% spot #ironore price fell by US$7.50 to US$145.40 a tonne. LME metals and crude oil prices higher<\/p>\n

\n\t– Ten books I read in 2012 (not all finance related) http:\/\/goo.gl\/TkBSC<\/a><\/p>\n

\n\t– Reports chartist Daniel Goulding: bearish engulfing patterns on weekly charts for both CBA, BHP. Share market thus expected to head lower<\/p>\n

\n\t– JP Morgan also anticipates pull back and investors remaining cautious short term. #BHP and #FMG ratings remain Neutral. #RIO favourite 2\/2<\/p>\n

\n\t– JP Morgan the first to respond to higher #ironore prices by lifting 2013 forecast to US$130\/t. Lifts earnings estimates across the board 1\/2<\/p>\n

\n\t– Shanghai spot #ironore price -$1.70 to $152.90 d\/mt o\/n. Fourth-consecutive fall, longest losing streak since 11-16 Oct, 2012 #ausbiz<\/p>\n

\n\t– Goldman Sachs also forecasts stable #oil price for 2013 (US$110) and weaker metals with only #copper expected to move into backwardation<\/p>\n

\n\t– Goldman Sachs anticipates US debt ceiling will again boost price of gold. But once issue solved, a long term decline is expected to kick in<\/p>\n

\n\t– Citi sees more moderate gains for global equities in 2013. Forecasts too high but momentum to stay positive with valuations reasonable<\/p>\n

\n\t– DB sees little (if any) earnings momentum from oil prices for energy stocks this year (same as in 2012). Stock specific issues will dominate<\/p>\n

\n\t– BA-ML downgrades BHP to Underperform on conviction shares will underperform continued rally plus they will suffer when prices turn oil\/iron<\/p>\n

\n\t– DB thinks spot #ironore can rise to US$170\/tonne in coming weeks. Also thinks price can sink below US$120\/tonne in second half<\/p>\n

\n\t– Spot #ironore followed most other commodities down on Friday. Spot price fell by US$3.30 to US$154.90\/tonne<\/p>\n

\n\t– JP Morgan lines up its preferred A-REITs for the year ahead: GPT, WRT, SGP and DXS. Expects to witness another good year for the sector<\/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\/61144"}],"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=61144"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/61144\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=61144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=61144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=61144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}