Review: The conclusion of yesterday’s view (“DAX commentary: FOMO rally at the end of the month!”) was as follows: “After the 700-point rally of the past trading days, the index has a short-term need for consolidation or correction – the DAX is clearly overbought in the short-term time frame. However, due to today’s US holiday,…
Review: The index was significantly stronger last Friday and at the start of the new trading week than recently prospected, after a larger upward price gap at the start of trading in the new week, the index even climbed at times near the 14,600 mark, thus trading over 700 points above the daily low of…
Review As Article from 20.05 mentioned, the S&P was facing a decision. It turns out that the index has taken air after all and thus a positive investor sentiment can be observed again. In the meantime, the downward trend has also been broken to the upside. A cup-and-handle chart formation has formed, which gives hope…
Review: After an initially weaker opening, the German stock market barometer gained several hundred points on yesterday’s holiday and climbed back above 14,250 points. This morning, the rally initially continued, with the DAX temporarily rising above 14,300 points. Outlook: Since the daily low of last Wednesday just below the 13,900 mark, the index has put…
Good morning, these are the levels I am watching today (until about 2/15pm) for a possible entry. The levels are not intended as a trading recommendation but rather as a guide for intraday traders. The economic data cited may trigger new impulses and should therefore be taken into account. Have a successful trading day! Rico…
Review: Following the late Wall Street rally and positive guidance from Asia, the German stock market barometer started the new trading week with a larger upward price gap and at times climbed back above the 14,200 point mark. In the morning, however, profit-taking unsurprisingly set in, pushing the index back below 14,100 points. Outlook: In…
Resistance: 14.878+14.900+14.999 Support: 14.650+14.500+14.350 Review: In the past hours, the DAX continued yesterday’s recovery movement and corrected part of the glaring price losses from last Monday. The market is obviously breathing a little sigh of relief that there have not been any more sustained acts of war in Ukraine so far: Outlook: The index climbed…
The US benchmark index S&P 500 is currently unable to recover. On Friday, the closing price was almost two percent lower than on the previous day. Currently, the lowest in the negative are the prices of Netflix, Huntington Bancshares and Intuitive Surgical. Netflix’s stock was the worst performer. Netflix’s stock currently costs $402.46. It has…
The U.S. labor market data were eagerly awaited by investors today. The number of new jobs created outside U.S. agriculture surprisingly fell to 199,000 in December from 210,000 the previous month. Analysts had expected the increase to be twice as high. Nevertheless, the unemployment rate fell surprisingly sharply. At the same time, wages rose by…
After some turbulent days, the American index can rise today properly. For the end-of-year rally expected by many has so far failed to materialise. A very volatile week is behind us, with all the central bank meetings and the big drop. The S&P 500 had already sniffed its 68th all-time high, but ultimately fell 1.94…
