{"id":61729,"date":"2013-04-26T11:01:07","date_gmt":"2013-04-26T01:01:07","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2013\/04\/26\/your-editor-on-twitter-134\/"},"modified":"2013-04-26T11:01:07","modified_gmt":"2013-04-26T01:01:07","slug":"your-editor-on-twitter-134","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2013\/04\/26\/your-editor-on-twitter-134\/","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– Citi<\/span> sees one more 25bp<\/span> #RBA<\/span> rate cut. Plus: "Earnings look set to recover, which should support mild further share price gains" #equities<\/p>\n

\n\t– #ironore<\/span> price in gradual slide this week. Overnight Fe62<\/span>% spot #China down by US50c<\/span> to US$134.60\/tonne<\/span><\/p>\n

\n\t– Citi's<\/span> UK analysts reiterate bearish view on #mining stocks. See continued struggle 3-6 mths<\/span>. Rallies to be short lived. RIO sole Buy rating<\/p>\n

\n\t– Different angle on US corporate earnings growth; soon to be negative? Very effective chart http:\/\/bit.ly\/Y4TSbK<\/span><\/a><\/p>\n

\n\t– Says CBA<\/span>: the risk of another global growth soft patch impacting markets in mid-2013 is rising. NZDUSD<\/span> and AUDUSD<\/span> seen as highly sensitive<\/p>\n

\n\t– "The individual investor should act consistently as an investor and not as a speculator." -Benjamin Graham #quote<\/p>\n

\n\t– BHP<\/span> no longer the biggest company listed on ASX<\/span>.. It's now CBA<\/span> with the top spot #ausbiz<\/span><\/p>\n

\n\t– Before we all get too excited, post #WPL<\/span>: it's FREE cash flow that matters and both #BHP<\/span> and #RIO have none in the short term #dividends<\/p>\n

\n\t– #Gold – one simple yet revealing price chart – let the public discussion continue! http:\/\/read.bi\/ZNuOk1<\/span><\/a><\/p>\n

\n\t– In the wake of Woodside ( #WPL<\/span> ), ANZ Bank ( #ANZ ) should lift its payout ratio, argues Deutsche Bank today #equities #dividends<\/p>\n

\n\t– Remarkable: CS forecasts Fortescue's ( #FMG ) free cashflow yield will be double that of Rio Tinto's ( #RIO ) in 2015 #ironore<\/p>\n

\n\t– Says UBS: appears to be value in #resources sector, but volatile near term conditions may be less than ideal, particularly for #ironore<\/p>\n

\n\t– Interesting: CIMB advises go Short Woodside ( $WPL) and Long Oil Search ( $OSH) as a pair trading idea with conviction<\/p>\n

\n\t– Says Macquarie: over-reaction in some price falls for #commodities but "caution is certainly warranted" as market balances at risk<\/p>\n

\n\t– Citi predicts new era for #copper with surpluses the new normal. Average price forecasts cut to US$6,775\/t in 2014, and US$6,800\/t in 2015<\/p>\n

\n\t– #Commodities: Goldmans cut #Brent forecasts to $100\/bbl this year and US$105\/bbl next. #Copper cut to US$7000\/t from US$8000\/t this year<\/p>\n

\n\t– Remarkable: Goldmans' confidence in re-accelerating US growth year-end is waning. Exits short position on #gold, but still sees weakness<\/p>\n

\n\t– Overnight price action: equities up on stimulus hopes, commodities lower on weak PMIs. Copper fresh 18 mth low. #ironore -1.60 to US$136.40<\/p>\n

\n\t– UBS does not think #BHP or #RIO will follow #WPL dividend lead (not in short term) but if they did BHP would yield 7.5%, RIO 9.4% next 3 yrs<\/p>\n

\n\t– Ooooops! HSBC Flash China Manuf PMI well below market estimates – Output index at 2-month low http:\/\/on.mktw.net\/11fs9C3<\/a><\/p>\n

\n\t– Questions arising about portfolio allocation. Is the past still a guide for the future? http:\/\/on.mktw.net\/11fs9C3<\/a><\/p>\n

\n\t– On your radar? "Globally online retail will change more in the next 5 years than it has in the last 25 years" – prediction by Citi #equities<\/p>\n

\n\t– Macquarie also believes there's a genuine possibility of yet another flash crash in #ironore a la 2012 and says the sooner the better! 2\/2<\/p>\n

\n\t– Macquarie believes there's a case to be made in support of higher than expected #ironore prices this year (but wait – there's more) 1\/2<\/p>\n

\n\t– Global #Equity Markets performances thus far in 2013: not what you would expect. BRICs negative, Japan sits on top http:\/\/bit.ly\/14KlPsE<\/a><\/p>\n

\n\t– Macquarie reports present relative underperformance #resources stocks not seen since 1986. Short term reversions are "typical" at extremes<\/p>\n

\n\t– UBS Global Strategists remain cautious risk assets, but stick to forecast for double digit gains for equities in 2013. PERs can still expand<\/p>\n

\n\t– Citi strategists move US equities to Underweight with only modest gains expected from here, see further downgrades to earnings estimates<\/p>\n

\n\t– Citi Global Strategists cautious on risk assets short term, but remain positive on equities medium term. See 12% upside from here year ahead<\/p>\n

\n\t
\n\tYou can add my regular Tweets on Twitter via @filapek<\/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":[48],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/61729"}],"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=61729"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/61729\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=61729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=61729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=61729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}