{"id":166370,"date":"2026-05-05T12:47:32","date_gmt":"2026-05-05T12:47:32","guid":{"rendered":"https:\/\/friss-hirek.hu\/index.php\/gyenge-labakon-all-a-tozsdei-rali-aggodnak-az-elemzok-a-vizfej-miatt\/friss-hirek\/"},"modified":"2026-05-05T12:47:32","modified_gmt":"2026-05-05T12:47:32","slug":"gyenge-labakon-all-a-tozsdei-rali-aggodnak-az-elemzok-a-vizfej-miatt","status":"publish","type":"post","link":"https:\/\/friss-hirek.hu\/index.php\/gyenge-labakon-all-a-tozsdei-rali-aggodnak-az-elemzok-a-vizfej-miatt\/uzlet\/","title":{"rendered":"Gyenge l\u00e1bakon \u00e1ll a t\u0151zsdei rali, agg\u00f3dnak az elemz\u0151k a v\u00edzfej miatt"},"content":{"rendered":"<p><strong>Az amerikai t\u0151zsd\u00e9t a gigav\u00e1llalatok j\u00f3 teljes\u00edtm\u00e9nye tolja \u00fajabb cs\u00facsokra, a t\u00e1gabb r\u00e9szv\u00e9nypiac lemarad\u00f3ban van.<\/strong><\/p><div id=\"friss-965830908\" class=\"friss-etarget friss-entity-placement\"><script type=\"text\/javascript\" id=\"etargetScript7a9b589f63cb072bef80df221f46a22b\">function etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b(){var e=\"etargetPostload7a9b589f63cb072bef80df221f46a22b\",t=\"etargetScript7a9b589f63cb072bef80df221f46a22b\",o=document.getElementById(e);if(o){for(var n=o.offsetTop,d=o.offsetLeft,r=o.offsetWidth,a=o.offsetHeight;o.offsetParent;)o=o.offsetParent,n+=o.offsetTop,d+=o.offsetLeft;var i=(n<=window.pageYOffset+window.innerHeight&&d<window.pageXOffset+window.innerWidth&&n+a>window.pageYOffset&&d+r>window.pageXOffset);if(i&&etargetAllowOtherCheck){allowed=!1;var c=document.createElement(\"script\");return c.src=\"\/\/hu.search.etargetnet.com\/generic\/uni.php?g=ref:58661,area:700x210\",void(document.getElementById(t)&&document.getElementById(e)&&(document.getElementById(t).parentNode.appendChild(c),document.getElementById(t).parentNode.removeChild(document.getElementById(t)),document.getElementById(e).parentNode.removeChild(document.getElementById(e)),document.removeEventListener(\"scroll\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.removeEventListener(\"resize\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.removeEventListener(\"DOMContentLoaded\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b)))}}}var etargetDivID=\"etargetPostload7a9b589f63cb072bef80df221f46a22b\",etargetScriptID=\"etargetScript7a9b589f63cb072bef80df221f46a22b\",etargetPostloadPoint=document.createElement(\"div\");etargetPostloadPoint.id=etargetDivID;var etargetCurScript=document.getElementById(etargetScriptID);etargetCurScript.parentNode.appendChild(etargetPostloadPoint),document.addEventListener(\"scroll\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.addEventListener(\"resize\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.addEventListener(\"DOMContentLoaded\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b);var etargetAllowOtherCheck=!0;if(typeof(\"forceRunPostload\")==\"string\"){etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b()}<\/script><\/div>\n<p><strong>Mi t\u00f6rt\u00e9nt? <\/strong>Aggaszt\u00f3an gyenge l\u00e1bakon \u00e1ll az idei amerikai t\u0151zsderali, az S&amp;P 500 index \u00fagy t\u00f6r \u00fajabb \u00e9s \u00fajabb cs\u00facsokra, hogy a rekordd\u00f6nt\u00e9sek napjain a t\u0151zsde c\u00e9gei k\u00f6z\u00fcl t\u00f6bb z\u00e1r m\u00ednuszban, mint pluszban, de a kev\u00e9s nagy fel\u00fclteljes\u00edt\u00e9se a teljes piac ered\u0151j\u00e9t z\u00f6ldbe tudja ford\u00edtani, \u00edrja a <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-05-05\/dot-com-bubble-flashbacks-triggered-by-lack-of-s-p-500-breadth?srnd=homepage-europe\">Bloomberg<\/a>.  <\/p>\n<p><strong>R\u00e9szletek. <\/strong>A gazdas\u00e1gi lapnak nyilatkoz\u00f3 elemz\u0151k elmondt\u00e1k, \u00e1prilisban a f\u00e9lezer c\u00e9get sz\u00e1ml\u00e1l\u00f3 S&amp;P index mind\u00f6ssze 23%-a teljes\u00edtette fel\u00fcl a mutat\u00f3t mag\u00e1t, m\u00edg t\u00f6bb mint k\u00e9tmaraduk alulm\u00falta teljes\u00edtm\u00e9ny\u00e9vel azt, \u00e1tfog\u00f3 befektet\u0151i optimizmusr\u00f3l \u00edgy egy\u00e9rtelm\u0171en nem lehet besz\u00e9lni a vil\u00e1g legnagyobb t\u0151kepiac\u00e1n. Hozz\u00e1tett\u00e9k: ilyen m\u00e9rt\u00e9k\u0171 kett\u00e9szakad\u00e1st a teljes\u00edtm\u00e9nyekben 1986 \u00f3ta mind\u00f6ssze h\u00e1rom alkalommal lehetett l\u00e1tni a t\u0151zsd\u00e9n. <\/p>\n<p><strong>Kontextus. <\/strong>Az amerikai r\u00e9szv\u00e9nypiac ralija j\u00f3 ideje a legnagyobb c\u00e9gek fel\u00fclteljes\u00edt\u00e9s\u00e9re t\u00e1maszkodik, az Intel, az AMD, a Google vagy az Nvidia, mint az AI-robban\u00e1s nagy nyertesei hatalmas kapitaliz\u00e1ci\u00f3jukkal t\u00f6bbet nyomnak az indexek teljes\u00edtm\u00e9ny\u00e9be, mint kisebb t\u00e1rsaik, \u00edgy j\u00f3 teljes\u00edtm\u00e9ny\u00fck nagyobb ar\u00e1nyban j\u00e1rul hozz\u00e1 a mutat\u00f3 emelked\u00e9s\u00e9hez, mint a kicsik alulteljes\u00edt\u00e9se. <\/p>\n<figure class=\"wp-block-image size-full\">\n<div class=\"photo-credit-wrapper\"><img decoding=\"async\" width=\"2770\" height=\"1434\" loading=\"lazy\" src=\"https:\/\/cdn.forbes.hu\/uploads\/2026\/05\/SPX_2026-05-05_14-33-48.png\" alt=\"TradingView.com\" class=\"wp-image-765449\" \/>\n<div class=\"photo-credit\">\n            <img decoding=\"async\" loading=\"lazy\" class=\"photo-credit__icon\" src=\"https:\/\/forbes.hu\/wp-content\/themes\/frontend\/atoms\/photo-credit\/icon-info.svg\" alt=\"info\" \/><br \/>\n            <span class=\"photo-credit__label\">TradingView.com<\/span>\n        <\/div>\n<\/div><figcaption class=\"wp-element-caption\">TradingView.com<\/figcaption><\/figure>\n<p>Ez csal\u00f3ka k\u00e9pet fest a piac eg\u00e9szs\u00e9g\u00e9r\u0151l: egyes elemz\u0151k szerint a piacot m\u00e1r egy olyan m\u00e9rt\u00e9k\u0171 kett\u0151ss\u00e9g jellemzi, amit a dotcom-bubor\u00e9k korszaka \u00f3ta gyakorlatilag nem lehetett l\u00e1tni a t\u0151zsd\u00e9n. Ez l\u00e1that\u00f3 a fenti \u00e1br\u00e1n is: m\u00edg a magyar t\u0151zsde BUX indexe 44%-ot emelkedett az elm\u00falt egy \u00e9vben, addig az amerikai S&amp;P 500 27,5%-n\u00e1l tart \u2013 az S&amp;P egyenl\u0151 s\u00falyoz\u00e1s\u00fa mutat\u00f3ja azonban 10 sz\u00e1zal\u00e9kponttal alulteljes\u00edti ezen id\u0151t\u00e1von a hagyom\u00e1nyos p\u00e1rj\u00e1t.<\/p>\n<p><!-- No email blocks found --><\/p>\n<p>The post <a href=\"https:\/\/forbes.hu\/penz\/tozsdek-vizfej\/\">Gyenge l\u00e1bakon \u00e1ll a t\u0151zsdei rali, agg\u00f3dnak az elemz\u0151k a v\u00edzfej miatt<\/a> appeared first on <a href=\"https:\/\/forbes.hu\/\">Forbes.hu<\/a>.<\/p><div id=\"friss-2829107863\" class=\"friss-etarget-cikk-vege friss-entity-placement\"><script type=\"text\/javascript\" id=\"etargetScript7a9b589f63cb072bef80df221f46a22b\">function etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b(){var 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etargetCurScript=document.getElementById(etargetScriptID);etargetCurScript.parentNode.appendChild(etargetPostloadPoint),document.addEventListener(\"scroll\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.addEventListener(\"resize\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b),document.addEventListener(\"DOMContentLoaded\",etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b);var etargetAllowOtherCheck=!0;if(typeof(\"forceRunPostload\")==\"string\"){etargetPostloadFunction7a9b589f63cb072bef80df221f46a22b()}<\/script><\/div><div id=\"friss-1131842518\" class=\"friss-after-content_2 friss-entity-placement\" style=\"clear: both;\"><div class=\"wprss_ajax\" data-id=\"rss59653692cd\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/friss-hirek.hu\/wp-content\/plugins\/wp-rss-retriever\/inc\/imgs\/ajax-loader.gif\" alt=\"Loading RSS Feed\" width=\"16\" height=\"16\"><\/div><\/div><br style=\"clear: both; display: block; float: none;\"\/><div id=\"friss-1867249635\" class=\"friss-after-content_3 friss-entity-placement\">https:\/\/www.youtube.com\/watch?v=Pdnw4KiUWp0<\/div>","protected":false},"excerpt":{"rendered":"<p>Az amerikai t\u0151zsd\u00e9t a gigav\u00e1llalatok j\u00f3 teljes\u00edtm\u00e9nye tolja \u00fajabb cs\u00facsokra, a t\u00e1gabb r\u00e9szv\u00e9nypiac lemarad\u00f3ban van. Mi t\u00f6rt\u00e9nt? Aggaszt\u00f3an gyenge l\u00e1bakon \u00e1ll az idei amerikai t\u0151zsderali, az S&amp;P 500 index \u00fagy t\u00f6r \u00fajabb \u00e9s \u00fajabb cs\u00facsokra, hogy a rekordd\u00f6nt\u00e9sek napjain a t\u0151zsde c\u00e9gei k\u00f6z\u00fcl t\u00f6bb z\u00e1r m\u00ednuszban, mint pluszban, de a kev\u00e9s nagy fel\u00fclteljes\u00edt\u00e9se a teljes [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-166370","post","type-post","status-publish","format-standard","hentry","category-uzlet"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/posts\/166370","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/comments?post=166370"}],"version-history":[{"count":0,"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/posts\/166370\/revisions"}],"wp:attachment":[{"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/media?parent=166370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/categories?post=166370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/friss-hirek.hu\/index.php\/wp-json\/wp\/v2\/tags?post=166370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}