Samurai Summary: Top Tweets 27/08/2015

A nice close at the end of the day for US stock as major indices climbed over 3% to finally make the much awaited comeback many have been waiting for. Stocks on Tuesday were set to close firmer when in the last hour of trade things fell apart and resulted in more ground being lost. There was a cumulative sigh of relief yesterday but warnings that things could get worse should a full strength bounce not materialize. When I read this tweet posted by Business Report it felt strange to see the equal but opposite description made a few days ago when stocks plunged to their worst day in 4 years. It really gives you a sense of how volatile things have become.

Wall Street makes biggest gain in four years http://t.co/7L4sXilFyY

— Business Report (@busrep) August 27, 2015

Following up from Business Reports tweet, a similar felt sentiment made by investment bank RMB early this morning after traders and investors were left reeling after a smack in equity valuations. As stated previously this could be a great opportunity for value investors to step up and acquire solid companies at a discounted rate. The bad news flow seems to have dried up so it wouldn't surprise the market if we were to see these value investors help prop up the market a bit here.

Global markets remain volatile but the trend is now for recovery rather than losses

— RMB Global Markets (@RMB_GM) August 27, 2015

One of my most favourite parts about social media in a trading context is anecdotal accounts by some traders to try accurately describe their feelings at  the current moment. JD Breytenbach from Vunani Private Clients shares his similarities between an ex girlfriend and current conditions. Just goes to show how interconnected life and the markets are. Gotta love this stuff.

This market is like one of my x girlfriends, Volatile, emotionally draining and expensive

— JD Breytenbach (@mynamejd) August 27, 2015

I reported last week a number of tweets about the concerns over the Rand's weakness of late and possible impacts it could have as time goes by. This story sticks close to the same theme as it is said that the South African economy is "technically" in recession. If one is prudent enough and uses the local currency as a gauge of investor confidence, you would realize that there's be a steady decline over the years and any lack of flow coming into capital markets locally  will have crippling effects as a whole. Although the current emerging market currency rout is not specific to South Africa that slow depreciative bias over the years does throw a hint at the bigger picture.

STORY: "S.Africa is technically in recession", #Nigeria in a slowdown": http://t.co/0KssRXlpDf cc @TendyDube @MoniqueVanek @Tabz_Nailz

— CNBC Africa (@cnbcafrica) August 27, 2015