DAX: Back to 13 k
1. Historical Data are showing, that any sharp sell off is follow by a sharp rise days or at least a week later in some cases.
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Bridewater added yesterday massively shortpositons. The size should be now arround 6 Bilion Euros.
U.S. bounced back from correction territory to close higher on Friday but the market still posted hefty losses for the week. All main indexes rallied in the afternoon with technology, real estate and energy sectors leading the gains while 27 out of 30 Dow stocks finished higher. Friday's rebound comes as the CBOE Volatility Index VIX, -13.15% stabilized to fall 7.5% to 30.95 after spiking on Thursday. The Dow DJIA, +1.38% rose 335 points, or 1.4%, to close at 24,196 for a weekly drop of 5.2%. The S&P 500 SPX, +1.49% climbed 38 points, or 1.5%, to end at 2,619, down 5.2% for the week, while the Nasdaq Composite Index COMP, +1.44% advanced 97 points, or 1.4%, to 6,874 but posted a weekly loss of 5.1%.