sentix Survey results (22-2023)

Written by Manfred Hübner | 04 June 2023
Posted in sentix Weekly

Japanese equities in focus

Japanese equities are currently stealing the show from other equity markets. Buoyed by a rise in underlying confidence, the Nikkei is reaching a new high for the year. But as with US technology stocks, the overconfidence index is signalling an elevated risk position. We measure further interesting data on gold and oil.

Further results

• Equities: Strategic fundamental confidence improved
• Commodities: Gold and oil with bias rise
• sentix economic index: 05.06.23 at 10.30 AM CEST

Click here for the full report (requires a sentix registration)

sentix Survey results (21-2023)

Written by Manfred Hübner | 28 May 2023
Posted in sentix Weekly

Better, but not yet good

The first half of the week caught investors cold and considerably dampened the mood on the stock market. At the same time, there has been an improvement in basic strategic confidence. However, a look at the TD Index, e.g. for the Nasdaq Index, shows that this does not yet give a buy signal.

Further results

• Bonds: US bonds with positive medium-term outlook
• FX: Discrepancy between positioning and bias
• sentix investor positioning in equities and bonds

Click here for the full report (requires a sentix registration)

sentix Survey results (20-2023)

Written by Manfred Hübner | 21 May 2023
Posted in sentix Weekly

TD indices head back into the sell zone

The stock markets continued to surprise positively this week. The weak sentiment allowed for tactical recoveries. And indeed, we measure some short covering, which is also reflected in the increased bull ratio. But this was not a strategic liberation blow.

Further results

• Bonds: Strategically strengthened
• Gold: TD Index in the buy zone
• sentix styles - Investor preferences & behavior

Click here for the full report (requires a sentix registration)

sentix Survey results (19-2023)

Written by Patrick Hussy | 14 May 2023
Posted in sentix Weekly

Investors remain stubborn

Investors are turning more and more to interest rate investments. The strategic bias for U.S. Treasuries climbs unwaveringly from week to week. We are currently measuring the highest value in the bias for U.S. longs since September 2006, and even a 20-year high for Bunds. This means that bonds are gradually stealing the show from equities and mutating into a serious competing investment. Precious metals also continue to score. Mining shares are also getting some of this shine.

Further results

• Bonds: Bonds, bonds, bonds - 20-year high in bias
• Goldmines equities: Benefit from the shine of gold
• sentix sector sentiment

Click here for the full report (requires a sentix registration)

Significant spring tiredness

Written by Patrick Hussy | 07 May 2023
Posted in sentix Economic News

The sentix overall economic index for the euro zone loses 4.4 points and falls back to a level of -13.1 points. Ex-pectations in particular slump to -19.0 points, the lowest level since December 2022. The German economy is also hard hit. The situation scores drop by 6.7 points, while expectations fall to -19.8 points. In the international con-text, the negative signs also dominate. For the US, the decline in expectations is striking. Here, the overall index reaches -17.5 points, the lowest level since November 2022. There is not much left of the laborious economic recovery of 2023.

Read more...