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

sentix Survey results (47-2021)

Written by Patrick Hussy | 21 November 2021
Posted in sentix Weekly

Descent in bias

Confidence in equities continues to wane. This can be observed not only for the Eurozone, but also for the other regions of the world. The euphoria that we were able to measure in classic sentiment just two weeks ago has also faded in a hurry. Instead, the countercyclical signals from the risk radars in bonds and crude oil are materializing.

Further results:

• Bonds: Signal quality of the risk radar - part 1
• Crude oil: Signal quality of the risk radar - part 2
• sentix styles - Investor preferences & behavior

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

sentix Survey results (46-2021)

Written by Manfred Hübner | 14 November 2021
Posted in sentix Weekly

Equity sentiment neutralises somewhat

After the very bullish sentiment values of the past week, sentiment has neutralised slightly with the onset of consolidation. However, an end to the current consolidation phase is not very likely, especially since the basic strategic confidence has also weakened further.

Further results:

• Precious metals: Investors are ecstatic
• FX: EUR-USD bias declines further
• sentix Sector Sentiment^th November 21 on 10:30h CET

sentix Survey results (45-2021)

Written by Manfred Hübner | 07 November 2021
Posted in sentix Weekly

Euphoric mood in equities

Within a month, the mood on the stock markets has fundamentally changed. We measure a sentiment that has rarely been reached before - last in 2019! In the seasonally bullish phase of the year, such sentiment is less risky. But the current tear-down in underlying strategic confidence sends a reminder. In the short term, the upswing will be slowed either way.

Further results:

• Bonds: Turning bias
• FX: EUR-USD bias under pressure
• sentix Economic index: Monday, 8^th November 21 on 10:30h CET

sentix Survey results (44-2021)

Written by Patrick Hussy | 31 October 2021
Posted in sentix Weekly

Trick or Treat

Such a clear break in the crude oil bias should soon have consequences for oil prices. Over the past five weeks, the strategic bias has shed 24 percentage points. Both the absolute (negative) level and the rate of change of the indicator suggest declining crude oil prices. This should take some of the pressure off central banks to act. The interest rate market could benefit from this.

Further results:

• Equities: Halloween party
• Bonds: Trick or Treat
• Crude oil: Bias slides
• Precious metals: Silver picks up

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