sentix Survey results (43-2020)

Written by Patrick Hussy | 25 October 2020
Posted in sentix Weekly

The Corona-Regret Aversion

The number of new corona infections is increasing worldwide, the US presidential election is approaching. Does this increase the price risks from the perspective of Behavioral Finance analysis? The risk radar indicates moderate opportunities. By comparison, at the end of August we had a much higher risk setup. In addition, the stock bias signals growing confidence, and there is still a need for action in the portfolios, especially among institutional investors (see positioning data on p.5).

Further results:

• Equities: Price risk? Not really!
• Gold: Still constructive
• sentix investor positioning in equities and bonds

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

sentix Survey results (42-2020)

Written by Manfred Hübner | 18 October 2020
Posted in sentix Weekly

Collapse in sentiment

The importance of investors’ basic trust measured by the strategic bias at sentix, for the development of the share price can be seen from the positioning behaviour of investors in US technology shares. The bias increase has been reflected in a clear reversal in the COT data over the last two weeks. Does this mean that the recovery is already over? The sharp drop in sentiment last week and stable fundamental confidence argue against it.

Further results:

• FX: Euro consolidation not completed
• Gold: High basic confidence
• sentix styles - Investor preferences & behavior

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

sentix Survey results (41-2020)

Written by Patrick Hussy | 11 October 2020
Posted in sentix Weekly

Equities: Best mood since mid February 2020

The "wall of fear" is slowly breaking down. We are measuring the highest sentiment among equities since the beginning of the Corona crisis in mid-February. sentix leads the movement with its indicators as a "first mover". Many a sentiment index will have to follow this in the next few days and weeks. One example is the AAII in the US, whose bear quota is still high. On the positive side, the fact remains that the stock bias is going through the roof in many countries.

Further results:

• China equities: Bias goes through the roof
• Bonds: US bonds increasingly on the sidelines
• sentix sector sentiment

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

sentix Survey results (40-2020)

Written by Patrick Hussy | 04 October 2020
Posted in sentix Weekly

Chinese Equities: Corona crisis like wiped away Equities

For the autumn, the stock market is becoming increasingly willing to buy. US stocks and especially China stocks are on the wish list. Conversely, investors are turning away from fixed-income securities. This trend does not apply to all safe-haven investments: gold continues to spread its attraction for investors. The expected portfolio adjustment for gold is progressing and favors a sustained upward path.

Further results:

• Equities: Continued strong TD signals
• Precious metals: Gold continues to excite
• sentix economic index: New data on 05th Oct. 2020 / 10:30 CEST

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

Asia continues to pick up, Euroland stagnating

Written by Patrick Hussy | 04 October 2020
Posted in sentix Economic News

The economic recovery in Euroland takes a breather in October. After five successive improvements, the sentix overall economic index for the euro zone fell marginally by -0.3 points to -8.3 points. However, the current situation continues to improve, reaching its highest level since March 2020. The data does not reveal any significant risk element in the short term, as the expectations index remains at a higher level despite a decline of 2 points. The outlook for Germany looks somewhat better than for the euro area as a whole. There are positive developments to report, especially from Asia ex Japan and the US.

Read more...