f-h Oni BW & Friends-TTT, Mittwoch 12.05.2004
Greetz f-h
DALLAS (CBS.MW) -- Oil futures jumped more than 70 cents at Wednesday's close after the Energy Department and the American Petroleum Institute reported significant declines in gasoline inventories for the week ended May 7, and one report showed a fall in crude stocks, bucking expectations.
Crude futures closed at a 13-year high of $40.77, up 71 cents, on the New York Mercantile Exchange after reaching an intraday high of $40.92.
The API said gasoline stocks fell by 1.6 million barrels and the Energy Department reported a 1.5 million barrel decline. June gasoline soared by 5.12 cents to close an at all-time high of $1.373 per gallon, and June heating oil climbed 2.34 cents to close at $1.0392 per gallon.
John Person, who writes the Bottom Line market newsletter, predicted that crude would eclipse $41.15 this week, while gasoline could test $1.38 on the latest supply news.
The Energy Department reported a 1.1 million barrel increase in crude supplies, while the API said crude stocks fell by 2.1 million barrels. Distillate inventories, according to the API, were up 968,000 barrels, while the Energy Department reported a build of 300,000 barrels.
"This is pouring salt into an open wound," said Phil Flynn, senior market analyst at Alaron.com. Flynn believes $40 is the new norm. "We really needed to see gasoline build substantially to get oil below $40. What this report confirmed is that this is really a demand-driven rally, and we should see prices continue to rise."
Crude closed above $40 per barrel Tuesday for the first time in over 13 years as expectations for U.S. gasoline demand and production concerns outweighed the impact of Saudi Arabia's call for an increase in OPEC output.
"With crude's incredible rally in light of OPEC's promises of production increases, we are seeing a pivotal shift in the crude base price," said Kevin Kerr, editor of the newsletter Kwest Market Edge. "Forty dollars is now a floor to build from.
"Today's supply data is critical either way," Kerr said. "If the report comes in showing a build in supplies in line with expectations and the market continues to rally we will be in a full-blown bull market. If supplies come in showing a draw of any amount we could see prices spike much higher in the front months."
Kerr and Person said they've heard reports of $3 a gallon for retail gasoline in California.
"We think this is going to become more common as we proceed into summer," Kerr said. "Many analysts peg the average gas price this summer at around $2.07. We feel this is conservative and that the average will be more like $2.20-$2.40 in many states."
The market expected crude oil and gasoline inventories to rise as much as 3 million barrels. Traders also predicted a 1 to 2 million barrel build in distillate supplies.
-----
Sentiment spricht eher für steigende Kurse:
Greetz f-h
Gute Nacht und macht nicht mehr so lang *lol*
Gruß Horst
The agreement centers on key development software initiatives for both companies -- Microsoft's .Net software and SAP's NetWeaver, which helps SAP's products work with products from multiple software providers.
"Using Web services to connect the critical business information and processes in SAP NetWeaver with the power and productivity of Microsoft .Net will give our mutual customers a key competitive edge," said Bill Gates, Microsoft' s chief software architect, in a statement.
For Microsoft, the move could signal that the company is becoming more open to working with competing programming languages. NetWeaver is partly built to work with the Java programming language, the biggest competitor to .Net.
SAP, meanwhile, gains stronger ties to .Net, possibly helping the software maker's products work better with software and Internet services built with Microsoft's development technology.
In early trading, Microsoft shares fell 34 cents to $25.60. U.S.-traded SAP shares fell $1 to $36.70.
The agreement extends a 10-year partnership between the companies. More than 40,000 SAP installations of SAP software around the world run on Microsoft Windows -- more than any other operating software, the companies said.
Under terms of the deal, Microsoft and SAP said they will license each other's software and jointly market and sell some products. Also, Microsoft's development software will include functions for building additions on to SAP's software.
The companies said at SAP's user conference in New Orleans that they also plan to improve links between Microsoft's desktop programs with SAP's business applications.
Microsoft and SAP will also jointly staff a technology support center in Germany, which will be used to help identify and showcase ways that they are working together, to the benefit of each companies' sales and support teams.
Third-party vendors
The Microsoft/SAP agreement could take business from third-party companies that specialize in integrating software products that weren't built to work together. Companies that sell products for integrating software include Tibco Software (TIBX: news, chart, profile) and WebMethods (WEBM: news, chart, profile). Services companies including IBM (IBM: news, chart, profile) also specialize in integration.
Mike Tarsala is a San Francisco-based reporter for CBS.MarketWatch.com.
mitunter glaube ich, dass logikmit dem aktienmarkt nur bedingt zu tun hat, dieser intra night reversal ist schon beeindruckend.
habe aber den gesamten absturz mitgemacht und zum glück nicht verkauft.
was meinst sollt man gleich morgen früh geben oder eher warten?
wollte nur mal deine meinung dazu hören, wäre echt nett
viele grüße
greg72
Greetz f-h
@ greg, alles was short ist, hat auf dieser welt nur geringen bestant.
wir sind im markt um gewinne zu machen und ein short ist in sich schon eine contradiction.
man bin ich gut mit dem laphroaig zurechtgekommen.
aber frag lieber fh, der kann dir das besser erklären.
So. jetzt bin ich aber wirklich weg!!!
CU @ all
Ice
@f-h: den groschen hab ich mir mal asus aut mitgebracht und lass in bei "jeder" Gelegenheit fallen !!!