FRANKFURT (DEUTSCHE-BOERSE AG) – Professionals in particular are reacting to the stop before new records with a change of strategy, closing short positions and in some cases moving to the sidelines. Joachim Goldberg knows what this means.
October 24, 2024 FRANKFURT (Goldberg & Goldberg). Judging by some of the stock market commentaries since our last sentiment survey, the DAX should have run away upwards. Last weekend, for example, there was talk of exuberant euphoria among many investors, and for some analysts reaching the 20,000 mark seemed only a matter of time. In fact, the Borsen barometer has been as quiet as it was during the sentiment week at Easter: the trading range since last Wednesday was just 1.6%, with a small drop of 0.3% on the week. At least as far as the performance of the DAX is concerned, it was therefore possible to speak of a certain restraint on the part of market participants. It is quite possible that…
