from Frankfurt stock exchange experts, Deutsche Börse
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According to Joachim Goldberg, investors have been stuck between pandemic horror and a positive outlook for two weeks. That makes the DAX more sluggish, but the optimism of local investors has risen again. For professionals by 2 points to +29 and for private investors by 19 points to +33. The latter would have spent waiting for better entry prices. 12 percent went long, 7 percent closed short exposures.
Overall, the behavioral economist sees hardly any “signs of euphoria”. Investors seem to have come to terms with the lack of setbacks on the downside. Purchases can be expected from as low as 12,700 points. However, there would be little upside potential due to the expected profit-taking. So inertia remains with us.
You can read the full analysis at www.boerse-frankfurt.de/nachrichten/7221e8ff-402d-42f0-adf2-0b946d1a97ea
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