sentix Survey results (51-2021)

Written by Manfred Hübner | 19 December 2021
Posted in sentix Weekly

Breakdown in strategic fundamental confidence

The US stock market failed to make a sustained leap to a new all-time high. After thinking twice, the FED's decision to scale back the purchase programme more quickly and announce key interest rate hikes did not go down so well after all. The medium-term basic confidence in equities is eroding. At the same time, sentiment scores are only neutral and thus not yet in the buy zone.

Further results:

• Equities: TD Index in unfavourable position
• Gold and gold mines: Patience should be rewarded
• sentix styles - Investor preferences & behavior

sentix Survey results (50-2021)

Written by Patrick Hussy | 12 December 2021
Posted in sentix Weekly

Strategic Bias bobs along

The price recovery in equities does not open up a new perspective for investors. Rather, the strategic bias is eroding, indicating a renewed willingness to take profits. Bonds could also be a source of trouble. The bias tilts again more clearly. Ultimately, the starting position for precious metals also worsens. "Risk off" seems to be a theme.

Further results:

• Gold: Problematic
• Bonds: Selloff could come
• sentix Sector Sentiment

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Lockdown-Blues

Written by Manfred Hübner | 06 December 2021
Posted in sentix Economic News

The global economy is still in a process of economic slowdown. This is proceeding in an orderly manner in most regions. The situation values are declining, while the medium-term expectations remain stable or even improve. This basically confirms our expectation that we are experiencing a "mid-cycle slowdown". The situation in Euro-land, on the other hand, looks worse. The tighter lockdown measures, which have been taken above all in Ger-many and Austria, are dampening the assessments of the situation there considerably. A slowdown to the point of recession no longer seems out of the question. These lock-downs are hitting the economy harder than before.

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sentix Survey results (49-2021)

Written by Patrick Hussy | 05 December 2021
Posted in sentix Weekly

Risk off, fear off

Where stock prices are stabilizing, investors do not believe they will improve: the bias for Chinese equities is sending no sign of life. In equity markets that recently corrected more significantly, the strategic bias rises again. Rehearsed reflexes are reactivated! This does not add up, especially since the stock sentiment reflects anything but panic. This probably has to happen before the ground is prepared for a tactical buying opportunity.

Further results:

• Gold: Deterioration
• Bitcoins: Mixed picture
• sentix economic index: Monday 06.12.2021 at 10:30 CET

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

sentix Survey results (48-2021)

Written by Manfred Hübner | 28 November 2021
Posted in sentix Weekly

Sentiment falls, bias rises reflexively

The weakness of the stock market is clearly reflected in market sentiment. The number of bulls is falling significantly, so that sentix sentiment is slightly negative again. Even if this means that the data situation has tended to improve, the current consolidation phase is probably not yet over. However, the speed of adjustment in investor expectations suggests that the consolidation period will be shorter overall.

Further results:

• Bonds: Turn in strategic bias
• Crude oil: Consolidation not yet over
• sentix investor positioning in equities and bonds