By Rudi Filapek-Vandyck, Editor FNArena<\/p>\n
I like to question the ruling logic that goads the herd, or at the very least stimulate independent thinking. There's a big difference between playing market momentum as a short term trader and trying to figure out what the best asset purchases are for longer term investing.<\/p>\n
Since 2012 I maintain my own feed of quotes, comments, responses and market insights via Twitter. Not everyone is on Twitter, which explains the requests to make my Twitter items also available through the newsfeed on the FNArena website.<\/p>\n
Usually I combine all Tweets from the week past in one weekly story. This time, as this is the first update since FNArena re-emerged from its holiday break, I have included all Tweets since the start of the new calendar year. Enjoy.<\/p>\n
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– Citi turns bullish on #mining stocks, first time in 3 years. Prefers BHP, RIO and Glencore-Xstrata. Large diversifieds to outperform sector<\/p>\n
– Overnight: – Citi strategists remain positive on US – Morgan Stanley sees total return from Oz – Macquarie: base analysis continues to see – Dave Rosenberg: main thematic for 2014 is that prior headwinds are subsiding, a lesser negative becomes a positive – – CS turns positive on Alumina Ltd ( – Trading tip from Morgan Stanley: Lend Lease ( – Trading tip from Morgan Stanley: Stockland ( – BA-ML reports international funds managers are reducing Underweight positions for Australia, even though views remain negative – Citi concludes – Macquarie advises investors should only consider high quality – Asks Dave Rosenberg: can 2014 be "opposite 2013" year with accelerating US economy and increasingly challenged equity markets? – – BA-ML lowers – Another trading tip from Morgan Stanley: Goodman Group ( – Trading tip from Morgan Stanley: Federation Centres' ( – In case anyone wondered: – Observed: one increasingly popular prediction among FX analysts is that NZD and AUD will move to parity, and beyond, in 2014 – 2014 forecast by IHS: global growth will gradually accelerate, but – CBA says – CS lines up preferences amongst major Aussie banks: ANZ (Outperform), NAB (Outperform), CBA (Underperform), WBC (Underperform) – MS concludes (Oz – UBS global update confirms: Aussie banks most expensively priced, but also – Overnight: – Danske Bank: Fed will cut monthly bond purchases by USD10bn at each meeting in 2014, hence terminate bond purchase program in December 2014<\/p>\n – On the back of lower – Overnight: – Credit Suisse sees supply catching up with crude – Credit Suisse believes prospects most – Credit Suisse says – Morgan Stanley upgrades Newcrest ( – Saxo Bank sees another tough year ahead for – Saxo Bank predicts 10% overall rise for global – Goldman Sachs: bull markets don't die of old age, US – CS labels outlook for Oz – JP Morgan's commodity desk has reduced projected coking coal prices to US$151\/tonne and US$165\/t for CY2014 and CY2015 – Macquarie has initiated coverage on Dick Smith with Outperform rating and $2.60 price target, suggesting 12-mth return of nearly 34% ahead<\/p>\n – Citi reduced crude oil price forecasts: CY14\/CY15 Brent oil cut by 9% and 10% respectively to US$98\/bbl and US$93\/bbl #<\/s>commodities<\/strong><\/a> struggling for direction. #<\/s>Nickel<\/strong><\/a> up and outperforming. Crude #<\/s>oil<\/strong><\/a> down. #<\/s>China<\/strong><\/a> #<\/s>ironore<\/strong><\/a> down US$1.30 to US$128.30\/t<\/p>\n#<\/s>equities<\/strong><\/a> in 2014, but short term looking overbought and overall volatility to pick up from here<\/p>\n#<\/s>equities<\/strong><\/a> of 11% in 2014 driven by earnings (6.5%) and yield (4.5%) on back of FY15 earnings growth<\/p>\n#<\/s>copper<\/strong><\/a> market in surplus 2014-15, while the longer-dated story (2016) remains robust #<\/s>commodities<\/strong><\/a><\/p>\n#<\/s>investing<\/strong><\/a><\/p>\n#<\/s>Commodities<\/strong><\/a> again diverging overnight. Base #<\/s>metals<\/strong><\/a> positive, but crude #<\/s>oil<\/strong><\/a> down, as #<\/s>gold<\/strong><\/a>. #<\/s>China<\/strong><\/a> spot #<\/s>ironore<\/strong><\/a> down 1.1% to US$129.50\/t<\/p>\n#<\/s>AWC<\/strong><\/a>) shares on expectation of FY15 7.3% fully franked dividend potential – upgrade to Outperform<\/p>\n#<\/s>LLC<\/strong><\/a>) shares to rise over next 60 days carried by robust upcoming interim report<\/p>\n#<\/s>SGP<\/strong><\/a>) shares expected to rise over next 60 days as short term valuation boosted by weakness<\/p>\n#<\/s>investing<\/strong><\/a><\/p>\n#<\/s>ANZ<\/strong><\/a> Bank looking to "merge" with Standard Chartered is possible, but unlikely due to hurdles such as franking credits<\/p>\n#<\/s>gold<\/strong><\/a> miners with experienced mngt, strong balance sheets: BDR, OGC, NST, PIR<\/p>\n#<\/s>investing<\/strong><\/a><\/p>\n#<\/s>Equities<\/strong><\/a> persisting with new year weakness while #<\/s>gold<\/strong><\/a> is gradually climbing. Coincidence? Don't think so #<\/s>investing<\/strong><\/a><\/p>\n#<\/s>gold<\/strong><\/a> price forecasts but warms towards Newcrest. CIMB speculates about potential 2014 sector revival and also likes Newcrest<\/p>\n#<\/s>GMG<\/strong><\/a>) shares expected to rise over next 60 days<\/p>\n#<\/s>FDC<\/strong><\/a>) share price is expected to rise in next 60 days. H1 release potential catalyst<\/p>\n#<\/s>China<\/strong><\/a> spot #<\/s>ironore<\/strong><\/a> fell by yet another US30c on Friday to US$130.70\/tonne #<\/s>commodities<\/strong><\/a> #<\/s>Investing<\/strong><\/a><\/p>\n#<\/s>Investing<\/strong><\/a><\/p>\n#<\/s>commodities<\/strong><\/a> prices will essentially "go nowhere", USD to strengthen<\/p>\n#<\/s>ironore<\/strong><\/a> prices likely to range trade between US$125-135\/tonne in the "intermediate term" #<\/s>commodities<\/strong><\/a> #<\/s>investing<\/strong><\/a><\/p>\n#<\/s>investing<\/strong><\/a><\/p>\n#<\/s>healthcare<\/strong><\/a> ): PRY, RMD, SHL only stocks trading below valuations. RHC highest earnings certainty; COH likely to disappoint<\/p>\n#<\/s>dividend<\/strong><\/a> yield remains highest across the globe #<\/s>investing<\/strong><\/a><\/p>\n#<\/s>Commodities<\/strong><\/a> prices continue to weaken. #<\/s>Gold<\/strong><\/a> stable. #<\/s>Tin<\/strong><\/a> biggest loser among base metals. #<\/s>Ironore<\/strong><\/a> down US50c to US$131.00\/t<\/p>\n#<\/s>gold<\/strong><\/a> price forecasts for 2014, CS has double whammy downgraded Newcrest (#<\/s>NCM<\/strong><\/a>) to Underperform, target falls to $8.20<\/p>\n#<\/s>commodities<\/strong><\/a> prices lower across the board, including crude #<\/s>oil<\/strong><\/a>, #<\/s>copper<\/strong><\/a> and #<\/s>gold<\/strong><\/a>. #<\/s>Ironore<\/strong><\/a> down US$2.30 to US$131.50\/tonne<\/p>\n#<\/s>oil<\/strong><\/a> in 2014, with Brent price projected to fall below US$100\/bbl in Q3 #<\/s>energy<\/strong><\/a> #<\/s>investing<\/strong><\/a><\/p>\n#<\/s>commodities<\/strong><\/a> prices likely to improve in H2 2014. weakness for #<\/s>ironore<\/strong><\/a>, #<\/s>copper<\/strong><\/a>, #<\/s>gold<\/strong><\/a> and crude #<\/s>oil<\/strong><\/a><\/p>\n#<\/s>commodities<\/strong><\/a> demand unlikely strong enough to push many prices materially higher in 2014, downside seems limited<\/p>\n#<\/s>NCM<\/strong><\/a>) to Overweight as share price seen as too low and upside should announce itself, at some point<\/p>\n#<\/s>commodities<\/strong><\/a>, but takes a more optimistic view on #<\/s>gold<\/strong><\/a>, in particular H2 2014 #<\/s>investing<\/strong><\/a><\/p>\n#<\/s>equities<\/strong><\/a> in 2014. Says biggest risk for investors is not being long enough on risky assets<\/p>\n#<\/s>equities<\/strong><\/a> expensive but single digit returns ahead for 1-5 year horizons #<\/s>investing<\/strong><\/a><\/p>\n#<\/s>equities<\/strong><\/a> "uninspiring"; projects total investment return (incl dividends) of 9% for the year ahead #<\/s>investing<\/strong><\/a><\/p>\n#<\/s>commodities<\/strong><\/a><\/p>\n