Retail sector with relative strength

Written by Manfred Hübner | 14 May 2020
Posted in sentix Weekly

The corona crisis is having a major impact on the stationary retail trade and manufacturers of the products sold there. Looking at data from platforms such as hystreet.com, customer frequency, for example in German cities, is still well below pre-crisis levels, despite the relaxation steps that have now been taken.

sentix Survey results (19-2019)

Written by Patrick Hussy | 10 May 2020
Posted in sentix Weekly

Depression causes paralysis

The sentix risk radar, which systematically evaluates various risk sub-components in investor and price behaviour, still indicates opportunities in shares and crude oil. Although the tailwind from sentiment and positioning has softened somewhat (at the market low in mid-March 2020 the Z-score was +2!) Nevertheless, it is clear where the markets are drawing the strength for the price increase from. The "wall of worry" is big.

Further topics:

Chinese equitiues: Light glance
Bitcoins: All-time high in bias
sentix Sector sentiment

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Hard hit, soft recovery

Written by Manfred Hübner | 04 May 2020
Posted in sentix Economic News

The Corona crisis has sent the world economy into recession and is presenting the global economy with unprece-dented challenges. The global situation continues to fall at the beginning of May, marking new all-time lows in many regions of the world. The Global Aggregate Index is also at an all-time low of -60.5 points. Nevertheless, there are glimmers of hope. Expectations may improve across the board. In some regions, they are even positive again, giving rise to hopes that a stabilization phase will begin. Compared to the hard impact of the situation, the upswing is proceeding rather gently. Austria deserves special attention.

sentix Survey results (18-2020)

Written by Patrick Hussy | 03 May 2020
Posted in sentix Weekly

Chronic pessimism

Since mid-February, fear has been in investors' limbs. Since then, sentiment has been in the deep red range. The danger is increasing from week to week that a brief fear reflex will turn into a chronic strain, which will have a massive impact on basic confidence and cause lasting damage to investments, consumption and the spending climate. The drop in the strategic equity bias is a serious indication of this.

Further topics:

EUR-USD: Risk of cognitive dissonance
Bitcoins: The air is getting thinner
sentix economic index: Monday 04th May 2020 at 10:30 CEST

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

Defensive positioning supports equities

Written by Manfred Hübner | 29 April 2020
Posted in sentix Weekly

Due to the fact that the March plunge was strong and fast, even the current price rally does not lead to a complete elimination of the oversold market situation. Investors mistrust the price development, which can be seen in the negative sentiment. As a result, there is still further potential for recovery.