sentix Survey results (19-2022)

Written by Patrick Hussy | 15 May 2022
Posted in sentix Weekly

An important piece of the puzzle is missing

At -44 percentage points, sentiment for U.S. equities reached a very high level of pessimism compared with the previous week. That the contrarian investor should nevertheless be cautious is shown by another dimension in investor behavior: The medium-term strategic bias is also weak, indicating no repurchase propensity despite declining stock prices. Consequently, the balance of sentiment and bias (see chart) is not that deep in negative territory. Good buying opportunities are characterized by the time differential index reaching a level of at least -35 percentage points (or lower).

Further results

• Bonds: Bias for US bonds climbs further
• Gold: Constructive
• sentix sector sentiment

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

"We are also harming ourselves"

Written by Manfred Hübner | 09 May 2022
Posted in sentix Economic News

War only knows victims. The traces of the Ukraine conflict are also becoming increasingly visible in the economy. The sanctions against Russia are having an effect, on enemies and friends alike. Last month, the "first mover" economic index clearly pointed the way towards recession. At the beginning of May, the downturn deepened further. Europe is hit particularly hard. The overall Eurozone index drops to -22.6 points. And for Germany we report an all-time low in economic expectations. In other words: it's coming thick and fast.

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sentix Survey results (18-2022)

Written by Patrick Hussy | 08 May 2022
Posted in sentix Weekly

Sentiment for Euroland equities falls to all-time low

At -49 percentage points, sentiment for Euroland equities marks a level never before measured in history! This makes the contrarian investor prick up his ears. Usually, such extremes in sentiment occur near market lows. However, very strong declines in sentiment can also trigger one last big avalanche, accompanied by short-covering actions. This was the case in August 2008, for example. With the bankruptcy of Lehman Brothers, the high level of pessimism was discharged into sharply falling share prices.

Further results

• Bonds: Low neutrality
• USD/JPY: Opportunities for the yen indicated
• sentix economic index: Monday 09th May 2022 at 10:30 CEST

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sentix Survey results (17-2022)

Written by Manfred Hübner | 01 May 2022
Posted in sentix Weekly

Bearish sentiment, weak underlying confidence

The stock markets remain under pressure. This leads to a slump in sentiment. In addition to the sentix index, the AAII index is also as low as it was last in 2005. Contrary opportunities arise from such a bearish sentiment situation. However, the market lacks value perception. The basic strategic conviction is missing. In the special analysis we highlighted the Ukraine conflict. For investors, a recession in 2022 is almost certain.

Further results

• Bonds: Bias continues to rise
• EUR-USD: Postive signals from TD-Index
• sentix special survey on Ukraine crisis

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sentix Survey results (16-2022)

Written by Patrick Hussy | 24 April 2022
Posted in sentix Weekly

Tough vote from the pros

Investors are passing harsh judgment on equities. The withdrawal of confidence is particularly severe in the run-up to the presidential run-off election in France: the strategic bias for French equities is eroding at a record pace. The U.S. technology stock market is also suffering in investor favor, with medium-term confidence sinking to its lowest level since April 2005! The top formation of the Nasdaq was indicated early by the bias.

Further results

• Bonds: Rising value perception
• USD/JPY: Contrarians signals pile up
• sentix investor positioning in equities and bonds

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