noch ein paar Tage warten, den der kommt weiter runter und mit ihm der Neue Markt. Das war heute nur ein Mini-Pullback, in den nächsten Tagen dürfte die Talfahrt weitergehen. Zudem ist Vorsicht geboten, den es kommt zum Favoritenwechsel.
Siehe folgenden Wall-Street-Bericht. Vor allem der letzte Satz ist interessant - das kann die fed nicht hinnehmen, ansonsten riskiert sie, daß die Konjunktur auf einer Blase beruht.
Monday January 31, 3:17 pm Eastern Time
U.S. blue chips strong in late trading on financials rally
(updates to late afternoon)
By Eric Wahlgren
NEW YORK, Jan 31 (Reuters) - U.S. were mixed in late trading on Monday as the blue chip index was lifted by money flowing to financial stocks from riskier technology stocks ahead of a key interest rate meeting.
``It is just a case of sector rotation,'' said Guy Truicko, portfolio manager at Unity Management in Garden City, N.Y. ``Whatever the outcome of he Fed meeting, investors are focusing on fundamentals and the fundamentals of the very big banks are good now. The money has to go somewhere.''
The Dow Jones industrial average (^DJI - news) was up 145.2 points, or 1.35 percent at 10884.07 after falling more than 289 points on Friday. The broader Standard & Poor's 500 Index (^SPX - news) was up 13.45 points, or 0.99 percent at 1373.61.
Shares of financial services companies were giving the Dow its boost, notably J.P. Morgan & Co. Inc. (NYSE:JPM - news), up 4-1/16 at 121-9/16, Citigroup Inc. (NYSE:C - news) gained 1-1/8 to 57-1/4 and American Express Co. (NYSE:AXP - news) rose 4-7/16 to 162-11/16.
The U.S. Federal Reserve is widely expected to raise interest rates by 25-basis points at the conclusion of its two-day meeting, which begins on Tuesday. A more aggressive, 50-basis point hike is only a slim possibility, analysts said.
Analysts said a rate hike has already been factored in to banking stocks, which have been hit hard in recent weeks.
The technology-laced Nasdaq Composite Index (^IXIC - news) was down 29.2 points, or 0.75 percent at 3857.87, after having been off about 129 points, or more than 3.3 percent, to 3,757 in late morning trade.
The index had slipped below the 3811.85 mark, temporarily putting it in correction mode as it was at least 10 percent off its closing high of 4,235.40 reached on Jan. 21.
On Friday, the index suffered its second-biggest point loss ever.
``We are on Fed watch after Friday's mess,'' said Larry Rice, chief investment officer at Josephthal Lyon & Ross. ``It is a flight to safety because people are nervous. It's the fact that the Nasdaq has been in a vertical ascent for the past two years. The Nasdaq has to come back to earth.''
Internet and biotech stocks, considered more speculative than most, led the heavy selling. Internet service provider America Online Inc. (NYSE:AOL - news) fell 3-7/16 to 55-3/8, search engine Inktomi Corp. (NasdaqNM:INKT - news) slid 5-5/16 to 96-3/4 and Web hosting firm Verio Inc. (NasdaqNM:VRIO - news) dropped 5 to 64. The Nasdaq index of biotechnology stocks (^IXB - news) was down 1.62 percent.
The 30-year U.S. Treasury bond slipped 18/32, pushing its yield up to 6.50 percent from a closing yield of 6.45 percent on Friday.
In morning economic news, the U.S. Commerce Department reported that U.S. consumers boosted their spending at more than twice the rate of their income gains in December.
Siehe folgenden Wall-Street-Bericht. Vor allem der letzte Satz ist interessant - das kann die fed nicht hinnehmen, ansonsten riskiert sie, daß die Konjunktur auf einer Blase beruht.
Monday January 31, 3:17 pm Eastern Time
U.S. blue chips strong in late trading on financials rally
(updates to late afternoon)
By Eric Wahlgren
NEW YORK, Jan 31 (Reuters) - U.S. were mixed in late trading on Monday as the blue chip index was lifted by money flowing to financial stocks from riskier technology stocks ahead of a key interest rate meeting.
``It is just a case of sector rotation,'' said Guy Truicko, portfolio manager at Unity Management in Garden City, N.Y. ``Whatever the outcome of he Fed meeting, investors are focusing on fundamentals and the fundamentals of the very big banks are good now. The money has to go somewhere.''
The Dow Jones industrial average (^DJI - news) was up 145.2 points, or 1.35 percent at 10884.07 after falling more than 289 points on Friday. The broader Standard & Poor's 500 Index (^SPX - news) was up 13.45 points, or 0.99 percent at 1373.61.
Shares of financial services companies were giving the Dow its boost, notably J.P. Morgan & Co. Inc. (NYSE:JPM - news), up 4-1/16 at 121-9/16, Citigroup Inc. (NYSE:C - news) gained 1-1/8 to 57-1/4 and American Express Co. (NYSE:AXP - news) rose 4-7/16 to 162-11/16.
The U.S. Federal Reserve is widely expected to raise interest rates by 25-basis points at the conclusion of its two-day meeting, which begins on Tuesday. A more aggressive, 50-basis point hike is only a slim possibility, analysts said.
Analysts said a rate hike has already been factored in to banking stocks, which have been hit hard in recent weeks.
The technology-laced Nasdaq Composite Index (^IXIC - news) was down 29.2 points, or 0.75 percent at 3857.87, after having been off about 129 points, or more than 3.3 percent, to 3,757 in late morning trade.
The index had slipped below the 3811.85 mark, temporarily putting it in correction mode as it was at least 10 percent off its closing high of 4,235.40 reached on Jan. 21.
On Friday, the index suffered its second-biggest point loss ever.
``We are on Fed watch after Friday's mess,'' said Larry Rice, chief investment officer at Josephthal Lyon & Ross. ``It is a flight to safety because people are nervous. It's the fact that the Nasdaq has been in a vertical ascent for the past two years. The Nasdaq has to come back to earth.''
Internet and biotech stocks, considered more speculative than most, led the heavy selling. Internet service provider America Online Inc. (NYSE:AOL - news) fell 3-7/16 to 55-3/8, search engine Inktomi Corp. (NasdaqNM:INKT - news) slid 5-5/16 to 96-3/4 and Web hosting firm Verio Inc. (NasdaqNM:VRIO - news) dropped 5 to 64. The Nasdaq index of biotechnology stocks (^IXB - news) was down 1.62 percent.
The 30-year U.S. Treasury bond slipped 18/32, pushing its yield up to 6.50 percent from a closing yield of 6.45 percent on Friday.
In morning economic news, the U.S. Commerce Department reported that U.S. consumers boosted their spending at more than twice the rate of their income gains in December.
