sentix Survey results (42-2022)

Written by Manfred Hübner | 23 October 2022
Posted in sentix Weekly

Seasonal factors support

A month ago we took a look at the seasonality of the US equity market after the September futures drop. So far, the US market has followed this pattern. A very friendly phase should lie ahead according to this analogy. The US election cycle is heading in the same direction. From the sentix data, the outlook is not so bullish. Things look better for the bond markets.

Further results

• Bonds: Marked buy signals
• FX: US dollar strength should come to an end
• sentix styles - Investor preferences & behavior

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sentix Survey results (41-2022)

Written by Manfred Hübner | 16 October 2022
Posted in sentix Weekly

Sentiment rises, bias remains weak

After very poor investor sentiment and defensive portfolios at the end of September, equity markets have started to stabilise. Sentiment and portfolios are neutralising without prices rising significantly. Basic strategic confidence also remains weak. Therefore, no all-clear can be given for equities. There are interesting signals in USD-JPY and bonds.

Further results

• Bonds: Basic confidence continues to rise
• USD-JPY: USD risks increase strongly
• sentix sector sentiment

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Catastrophic conditions

Written by Manfred Hübner | 10 October 2022
Posted in sentix Economic News

At the beginning of October, the sentix economic indices signal an unchanged difficult economic situation - in Europe, but also globally. At -38.3 points, the overall Eurozone index sinks to its lowest level since May 2020. The ongoing uncertainties about the gas and energy situation in winter have not diminished due to the attack on the Nordstream pipelines. In addition to the economic worries, there is now also an increasing probability of an esca-lation of the military conflict in Ukraine. Globally, there is little reason for hope. Only China seems to be stabilis-ing somewhat at present.

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sentix Survey results (40-2022)

Written by Patrick Hussy | 09 October 2022
Posted in sentix Weekly

Fear subsides, Instis take courage

Following the recent record pessimism in sentiment for equities, fears of further price losses are clearly subsiding. Investors' medium-term outlook is also stabilizing at a low level in parallel, so that a bottoming out is possible. Institutional investors are sending a promising signal with their strategic bias, which is improving significantly: we are measuring the highest value since mid-March 2022.

Further results

• Bonds: Promising
• Gold: Convincing development
• sentix economic index: Monday, 10th October 2022 at 10:30 CEST

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sentix Survey results (39-2022)

Written by Patrick Hussy | 02 October 2022
Posted in sentix Weekly

All-time low in the Super Neutrality Index

One all-time extreme is currently following the next: After the record low in stock sentiment the previous week, the Super Neutrality Index for German (and European) stocks is now marking an all-time low. Never before in sentix history have there been fewer neutrals than today. Extreme values in this indicator have signal character: "almost every" investor now has an opinion. A low in the Neutrality Index indicates a massive trend exhaustion.

Further results

• Equities: Chances increase - no zero-one decision
• China: High Overconfidence in CSI 300
• Gold: Bias versus positioning

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