{"id":61850,"date":"2013-05-17T11:03:03","date_gmt":"2013-05-17T01:03:03","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2013\/05\/17\/your-editor-on-twitter-137\/"},"modified":"2013-05-17T11:03:03","modified_gmt":"2013-05-17T01:03:03","slug":"your-editor-on-twitter-137","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2013\/05\/17\/your-editor-on-twitter-137\/","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– RBS Morgans picked 10 growth stocks to own on 5-yr horizon: SHL, AMP, NXT, CRZ, OSH, WOR, DMP, ALQ, AMC and CTD #equities<\/p>\n

\n\t– CIMB says #commodities markets too bearish as current spot prices make half of metals production uneconomic. Likes #oil, #copper and #PGMs<\/p>\n

\n\t– Times have changed, says BA-ML, with greatest risk from end to QE now in bond markets and less so in #equities. Remains bullish<\/p>\n

\n\t– Concludes Citi: global #equities still look cheap compared with bonds and cash, they no longer look cheap compared with their own history<\/p>\n

\n\t– Market observation: it appears #EURUSD is carving out standard Head-and-Shoulders formation on price charts. Tectonic plates shifting?<\/p>\n

\n\t– My View: #resources sector is transitioning… and Big Diversifieds are turning into… Banks! http:\/\/bit.ly\/102iu0z<\/a><\/p>\n

\n\t– Macquarie's Counter Consensus Calls: Underweight on #AMP, Cochlear (#COH) and Westfield (#WDC), Outperform on Arrium (#ARI) and Dulux (#DLX)<\/p>\n

\n\t– Citi strategists see continued gains for US #equities, but find “Great Rotation” argument still premature. 2014 maybe? #investment<\/p>\n

\n\t– Market observation: US manufacturing+growth disappointing with ST outlook weak, but US #equities definitely on a different planet right now<\/p>\n

\n\t– US #equities and USD continue synchronised rally. #Commodities down overnight, crude #oil exception. Spot #ironore down US$1.70 to USD128.10<\/p>\n

\n\t– The stock bull is the mirror image of the gold bear. Neither can be properly understood without reference to the other.<\/p>\n

\n\t– Chartist Daniel Goulding (bearish) predicts Oz #equities will rise to new high, short term, but will correct later. Year-end target 4600<\/p>\n

\n\t– Will #China's temporary cuts in #aluminum capacity solve the industry glut? CRU doesn't think so http:\/\/www.marketwatch.com\/story\/china-aluminum-capacity-cuts-wont-solve-glut-cru-2013-05-14 …<\/a><\/p>\n

\n\t– Morgan Stanley says #commodities prices have peaked. Already 24% below peak levels, further downside expected as supply increases<\/p>\n

\n\t– Morgan Stanley reiterates ASX200 year-end target 5500, advises to be selective in yield stocks and in resources, seek international exposure<\/p>\n

\n\t– BCA Research.The bond market is selling off again on the most recent round of the Fed’s QE exit strategy speculation. http:\/\/blog.bcaresearch.com\/the-trouble-with-a-data-dependent-fed …<\/a><\/p>\n

\n\t– Concludes Citi: For the first time in 10 years, the Federal Budget will mean Oz households are worse off, not positive for #retailers, thus<\/p>\n

\n\t– More cuts to #China GDP growth forecasts: BA-ML moves to annual GDP growth estimates of 7.6% and 7.6% in 2013-2014 from 8.0% and 7.7%<\/p>\n

\n\t– Says Macquarie: the #yield trade is crowded, we would rather own cheap cyclical Tech stocks over a Telecom for its defensive #dividend yield<\/p>\n

\n\t– JP Morgan predicts Insurance Australia #IAG and Amcor #AMC likely to be included in ASX20 at the next index update, #APA and $TTS in ASX50<\/p>\n

\n\t– Word play of the day: Born to Run… Deficits! JP Morgan economists comment on Labour Government budget. Smart combo Swan and teenage hero<\/p>\n

\n\t– #Equities and #Commodities on diverging paths this week: base metals all lower overnight, and #gold, spot #ironore down US$1.30 to US$128.10<\/p>\n

\n\t– Question pondered by Goldmans: market supported by belief downside risks to #equities are limited. What is going to derail the strength?<\/p>\n

\n\t– Deutsche Bank latest to revise #gold price forecasts: US$1,533\/oz (-6%) in 2013, US$1,500\/oz in 2014 (-17%) and US$1,450\/oz in 2015 (-25%).<\/p>\n

\n\t– On UBS' calculations, Western Areas (#WSA) EPS could be boosted by 159% on weaker AUD. Alumina potential 138%, Perilya 125%, Grange 76%<\/p>\n

\n\t– Latest set of #China data has triggered further growth cut at JP Morgan. Now predicts 7.6% GDP growth for 2013. No 8% qrt expected this year<\/p>\n

\n\t– Contrary to my usual schedule I will be on Sky Business today at 11.40 and again on Lunch Money (12-12.45) – broker ratings and market views<\/p>\n

\n\t– General review #gold outlook triggers more cuts at Deutsche Bank: to average US$1,637 2013, US$1,810 2014, US$1,930 2015. Trend still up<\/p>\n

\n\t– BA-ML reports most #equities funds inflows now via ETFs. Plus net funds outflows #commodities for 13 straight weeks. #Energy stocks inflows<\/p>\n

\n\t– Remarkable: international and US funds flows into equities in deceleration. Investors growing wary record highs and seasonal pattern?<\/p>\n

\n\t– Early days but the process has started… US Fed considering winding back unprecedented stimulus\/support to low interest rates, risk assets<\/p>\n

\n\t– Next phase Commodities Super Cycle will turn well-managed juggernauts into cash cows; #RIO, #BHP to turn into banks? Sort of, yes #dividends<\/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\/61850"}],"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=61850"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/61850\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=61850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=61850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=61850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}