” Patient Fed leaves rates flat “.
In aanloop naar het rentebesluit van de FED openden de Amerikaanse met hogere standen. Algemeen werd verwacht dat de FED de rente op het laagste punt in 45 jaar zal laten staan, n.l. 1%.
15:43 ET Bond Market Update : Treasuries, once again went for broke on their break following the FOMC policy statement adjustment, the ten-years tumbled over a point and a half running yields through to 4.255% from 4.045%. The concern is that the Fed’s changing of phraseology is an artful hedge that loosens the restraints on the potential for tightening. The Fed’s resolve remains the same, as do all the inputs involved in determining their stance on rates: accommodative. The statement acknowledged the “subdued” job market, and highlighted the fact that inflation and employment are the components that count. Fed Fund futures increased the odds of a move on rates in July to 80%.
14:15 ET Fed leaves rate at 1%, drops ‘considerable period’ phrase :
14:14 ET Intel president says he is “very comfortable” with Q1 guidance — Reuters (INTC) 32.10 +0.47: — Update — Note that the co issued Q1 sales guidance of $7.9-$8.5 bln on Jan 14 .
11:59 ET High Short Interest Point Gainers : NANO +0.86 (Short Interest 12% of the float), SMG +3.58 (10% of the float), ISSX +1.18 (9% of the float), IMDC +2.00 (8% of the float), MNT +2.31 (7% of the float), COHR +3.26 (6% of the float), BRCM +2.39 (5% of the float).
11:27 ET AAPL: Sony-for-Apple chatter resurfaces again 23.13 +0.06: We would note that talk of a Sony bid for Apple (AAPL) has been in the market for years. Moreover, AAPL shares are not trading in a fashion today suggestive of a near-term takeover.