Market Sentiment: “Lost Patience” – Columns

December 10, 2020

from Frankfurt stock exchange experts, Deutsche Börse

| Views: 446

Local investors seem to have ended the year with a sprint. According to Joachim Goldberg, that is exactly what could trigger this.

The DAX is staying up and the medium-term investors react with short exposures. At least 14 percent of professionals and 6 percent of private investors have switched to the bear side. 9 and 12 percent have sold shares. That pushes the two sentiment indices down to 8 and 13 points, respectively.

For Joachim Goldberg, the bulls are disappointed that the DAX seems to be stuck at this year’s high. But the bears have also waited in vain for further setbacks. The local players would have already finished with a year-end spurt. The behavioral economist suspects that foreign investors bear the prices. However, due to the new pessimism, the prospects for rising prices have improved again. The bears should smooth out from 12,950 / 12,900 points and upwards a small short squeeze could make steam at 13,795 points.

You can read the full analysis at

It’s your turn

All interested investors are invited to take part. It only takes 15 seconds. You will receive an email every Tuesday with a link to the survey. One click and done. In return, you will receive the results of the analysis immediately by email.

Would you like to participate? Then just write an email to

Joachim comments himself

You can watch the video on Youtube look at.

Offering transparency to active traders and private investors is a central concern of the Frankfurt Stock Exchange. This includes market and master data as well as know-how and news. At this point we would like to support your investment decisions with our own articles and contributions from the exchange network.

PERSONAL-FINANCIAL.COM publishes analyzes, columns and news from various sources in this section.
PERSONAL-FINANCIAL.COM AG is not responsible for content that is recognizable by third parties in the “News” area
This website has been discontinued and does not adopt it as its own. These contents are in particular through
a corresponding “from” mark below the article heading and / or through the link
“To read the full article, please click here.” responsible for
this content is solely the named third party.

Other users were also interested in this article:

Related Articles

Back to top button