By Rudi Filapek-Vandyck, Editor FNArena<\/p>\n
I 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, 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 financial markets myself.<\/p>\n
While 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.<\/p>\n
For 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
– Noteworthy… This remarkable bull market in #equities has been built on liquidity and pessimism, not on growth and optimism (BA-ML)<\/p>\n
– BA-ML strategists: risks to Aussie – Deutsche Bank suggests "sample rotation" among smaller retailers might be behind ABS' Jan Retail numbers surprise. Lies,Damn Lies and Stats?<\/p>\n – Morgan Stanley: Indonesian ban will eventually pinch supply, but – Morgan Stanley maintains: Flight Centre ( – CLSA has initiated Whitehaven Coal ( – Credit Suisse notes – Overnight: pretty much everything up. US – Fortescue ( – GS' strategy update: go Underweight – Goldman Sachs sees downtrend persisting for – Not surprised. Moelis initiated coverage on Veda Group ( – UBS still thinks – Corporate bond defaults have commenced in – Overnight: Ukraine rally evaporating. – Oz reporting season confirmed trend that has not yet caught everyone's attention: http:\/\/ow.ly\/ufsfP <\/a> All-Weather Stocks rule – NAB revisits – Trading Idea from Morgan Stanley: Oil Search ( – Foster Stockbroking nominates Ukraine-crisis inspired trading buys: PAN, OSH, BPT, LNG, PDN, WHC, and GNC – Nice work from CBA's Agricommodities team: Putin a floor under global – Overnight: Safe havens out, – Morgan Stanley's favourites among A-REITs: GMG, DXS, ARF, FDC, LLC, NSR and SGP – Goldman Sachs' small and midcap Focus List now comprises of AUB, BKL (added), DLS, DSH, FXL, KMD, SAI, SFW, SKE, SUL TME removed – Macquarie observes: Aus market’s FY14 forecast remains on track to deliver absolute earnings slightly ahead of FY07 prior peak – Overnight: Safe havens higher. US – UBS summarises it best: – JP Morgan also agrees with me: "changes in market structure are much more powerful for earnings power of companies than macro fluctuations"<\/p>\n – Concludes JP Morgan: Feb reporting season proved yet another reminder that profitability can be very sound in lacklustre economy \nYou can add my regular Tweets on Twitter via @filapek<\/p>\n#<\/s>banks<\/strong><\/a> from transition away from the mining investment boom are 12 months away. Remain mildly underweight<\/p>\n#<\/s>nickel<\/strong><\/a> market remains in unhealthy state persistent, rising oversupply<\/p>\n#<\/s>FLT<\/strong><\/a>) is a great buy and profit growth will be better than consensus. Price target rises to $60<\/p>\n#<\/s>WHC<\/strong><\/a>) with Sell rating, arguing market pricing in potential upside while #<\/s>coal<\/strong><\/a> prices below consensus<\/p>\n#<\/s>IAG<\/strong><\/a> shares trading at 25% discount to market. Historically a rather rare event. Market worries no approval acquisition<\/p>\n#<\/s>equities<\/strong><\/a>, #<\/s>oil<\/strong><\/a>, #<\/s>gold<\/strong><\/a>, base #<\/s>metals<\/strong><\/a> and even #<\/s>ironore<\/strong><\/a> up by US20c to US$116.90 a tonne #<\/s>investing<\/strong><\/a><\/p>\n#<\/s>FMG<\/strong><\/a>) shares bucking trend today on positive Bell Potter report. Switch from diesel to gas to deliver significant cost savings<\/p>\n#<\/s>Resources<\/strong><\/a>, short mining services, go Underweight Staples, go Neutral #<\/s>Banks<\/strong><\/a>, prefer offshore, housing<\/p>\n#<\/s>ironore<\/strong><\/a> this year, with price estimate US$105\/t for Q3 and US$100\/t for Q4; US$80 average 2015<\/p>\n#<\/s>VED<\/strong><\/a>) with Buy calling it a "core mid-cap portfolio holding". All-Weather Stock<\/p>\n#<\/s>healthcare<\/strong><\/a> stocks in Oz are attractive, it's just there is no catalyst for the sector in sight… #<\/s>investing<\/strong><\/a><\/p>\n#<\/s>China<\/strong><\/a> with 11 Chaori Bond (coupon 8.98%, 5 years) the first to default tomorrow. No panic<\/p>\n#<\/s>equities<\/strong><\/a> down, #<\/s>oil<\/strong><\/a> down. #<\/s>Gold<\/strong><\/a> little up. Base #<\/s>metals<\/strong><\/a> mixed lower. #<\/s>ironore<\/strong><\/a> down US10c to US$116.70<\/p>\n#<\/s>investing<\/strong><\/a><\/p>\n#<\/s>commodities<\/strong><\/a> forecasts: continue to expect only modest recovery in demand, but the recovery is expected to be bumpy #<\/s>investing<\/strong><\/a><\/p>\n#<\/s>OSH<\/strong><\/a>) to fall relative to sector over next 30 days post rally, valuation less compelling<\/p>\n#<\/s>investing<\/strong><\/a><\/p>\n#<\/s>grain<\/strong><\/a> markets. US grain markets closed stronger again #<\/s>investing<\/strong><\/a><\/p>\n#<\/s>equities<\/strong><\/a> bounce. #<\/s>Oil<\/strong><\/a> lower. Base #<\/s>metals<\/strong><\/a> up, but #<\/s>copper<\/strong><\/a> remains subdued. #<\/s>Ironore<\/strong><\/a> down US90c to US$116.80\/t<\/p>\n#<\/s>investing<\/strong><\/a> #<\/s>yield<\/strong><\/a><\/p>\n#<\/s>investing<\/strong><\/a><\/p>\n#<\/s>investing<\/strong><\/a><\/p>\n#<\/s>equities<\/strong><\/a> down. #<\/s>Oil<\/strong><\/a> up. Base #<\/s>metals<\/strong><\/a> lower. #<\/s>Ironore<\/strong><\/a> down US40c to US$117.70\/t #<\/s>investing<\/strong><\/a><\/p>\n#<\/s>banks<\/strong><\/a> unlikely to out-perform in further market rallies, while the risk of multiple normalisation cannot be ignored<\/p>\n#<\/s>investing<\/strong><\/a><\/p>\n