Dusseldorf Despite weak targets from the leading US stock exchanges, the German stock market started trading robustly. At the opening on Wednesday, the Dax was hardly changed at 15,618 points.
On Tuesday, the Dax reached a new high for the year at 15,737 points, but later fell back slightly.
The leading German index has 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, it’s amazing how much resistance equity investors have developed to bad news. This can be demonstrated in the short and medium term using various examples.
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Further
Read on now
Get access to this and every other article in the
web and in our app.
Further