Top Tweets Today-21/08/2015

Now there's a term you haven't heard being bantered around too often recently, QE , otherwise known as quantitative easing. Since Janet Yellen announced the end of QE3 markets have lacked the shine they previously showed when free money was looking for a home. This begs the question, has the market become addictive to free money? To be continued...

The S&P 500 is now up only 2% since QE3 ended. And that makes us think of this: http://t.co/4OdRo9pBM8 😂 $SPY $SPX pic.twitter.com/pZZXRkcJjO

— StockTwits (@StockTwits) August 21, 2015

News out from Lonmin today indicates they are currently working together with Greenhill Co but declined to comment on what it was they were working on. This comes off the back of recent worries that the platinum producer will not be able to service its debt facilities which are due next year. The price of Lonmin listed on the JSE showed relief as the price has jumped over 30% off its lows of R5.30.

#Lonmin said to be working with Greenhill on restructuring debt http://t.co/K7IDJs6vdV

— BDlive (@BDliveSA) August 21, 2015

How well have you been able to hold yourself this week on the markets? If only with a degree of discipline you're not alone. Often when you aren't prepared in your trading panic is allowed to set in and your mind goes into overdrive. Most traders battle with this from the beginning but with constant work you'll soon find yourself keeping a cool head. Failing to plan is planning to fail.

I always find the array of sentiment after moves fascinating. From BTFD to Armageddon these tweets are reflections of our internals.

— Tweed (@JohnConaway) August 21, 2015

 An intriguing rumour to start the week, whisperings have been flying around that Chinese officials could cut the reserve rate requirement. This would be another form of intervention by the Chinese to try push forward an ailing economy which has failed to put out fireworks.

After flurry of China sellside commentary overnight, market now firmly expects 50-100 bps RRR cut in China this weekend.

— zerohedge (@zerohedge) August 21, 2015