lundi 11 mai 2009

Pause attendue sur le rally

·       Aux USA on termine bien la semaine: DJIA +1.96%, S&P+2.41%, NSDQ +1.33%. Les chiffres sur le chômage (539000 emplois perdus en Avril) étaient moins mauvais qu'attendus. Il y avait aussi qqs bonnes nouvelles venant du marché de l'immobilier. Les résultats des « stress tests » rassurent un peu les investisseurs : sur la semaine, les financiers dans le S&P500 gagnent 23%.

·       Attention quand même : il y a pas mal de spéculation que ce rally va faire une pause pendant qu'on attend que les fondamentaux rattrapent le mouvement.

·       Sur la semaine GM a perdu 11%. La société se glisse tjs vers la faillite.

·       VIX @ 32.05. Son plus bas depuis la chute de Lehman.

·       Le prix du baril retombe après avoir touché son plus haut depuis 6 mois. Le marché pense que le 10% des gains de la semaine passée n'est pas soutenable à court terme. Le baril est maintenant @ $57.78

·       L'or stable @ $914. Techniquement on pourrait aller plus haut. Les gestionnaires des Hedge funds ont augmenté leurs positions longues.

·       Les investisseurs qui recherchent plus de risque et plus de rendement ont pesé sur le $ qui perd son statu de valeur réfuge : €/$ 1.3618

 

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