Dusseldorf Investors on the German stock market act cautiously on Wednesday. After the publication of the new US job data, the Dax is 0.5 percent lower in the afternoon at 15,520 points.
On Tuesday, the Dax reached a new high for the year at 15,737 points, but later fell back again.
The leading German index has thus put the next steep rise behind it. In the past and current trading week, the Dax gained 600 points at its peak. Smaller or larger setbacks in the coming trading days should therefore come as no surprise. Because who is now invested, the question arises whether he or she should secure profits. On the contrary: setbacks would even be healthy on the way to further price gains.
All in all, the resistance that German equity investors have developed to bad news is astounding. This can be demonstrated in the short and medium term using various examples.
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