Liberating Blow Successful: DAX Bulls Reconquer the 24,000-Point Mark!
The panic of the past few days seems to be averted for now! Tuesday's threatening after-hours low was no longer tested at the Xetra opening on Wednesday. Instead, the DAX bulls launched a rapid counterattack and lightning-fast hoisted the German leading index back above the psychologically crucial bastion of 24,000 points. With a rock-solid plus of 0.76%, the barometer ended trading at 24,136.81 points. Market participants experienced a remarkably quiet, purely technical trading day without new geopolitical shockwaves from the U.S. A deceptive calmness is also spreading on the trading floor: the rampant inflation is increasingly being priced in as a pure war phenomenon that will immediately fizzle out with a diplomatic breakthrough. But a look at Wall Street urges caution: while tech and energy stocks are blindly whipping the U.S. markets upward, the classic consumer goods sector is weakening massively. How much longer can this isolated tech hype keep going at this pace?
Airbus Takes Off—Infineon Ignites the Unstoppable Tech Turbo!
At the individual stock level, the DAX presented itself as extremely robust. This time, the aviation giant Airbus secured the sovereign daily victory with a price premium of 1.1%. But the real show is once again being put on by Infineon! The semiconductor group impressively rehabilitated itself with a plus of 1.04% and is now gearing up for the ultimate attack on new record highs. In the wake of the gigantic U.S. tech trend, the stock is currently unstoppable. With a breathtaking 3-month performance of 37.5%, Infineon was recently the undisputed strongest stock in the entire leading index—and as long as the U.S. technology markets perform so massively, the trend inevitably continues to point steeply upward!
Hour of Truth: Will U.S. Retail Sales Awaken the Stagflation Specter?
For today, Thursday, a highly dangerous macro indicator moves into absolute focus: The U.S. will publish its explosive retail sales in the afternoon! These figures are considered the ultimate litmus test for the consumer sentiment of Americans. Should the data disappoint and reignite the deadly fear of stagflation, the markets face a severe damper. It remains questionable, however, whether even such a macro tremor can seriously bring down the overpowering AI stocks. If nasty surprises fail to materialize, however, absolutely nothing stands in the way of another bullish, purely technically driven trading day. The DAX buyers already have their next milestone firmly in their sights: the direct march towards the 24,300-point mark!
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