sentix Survey results (38-2023)

Written by Manfred Hübner | 24 September 2023
Posted in sentix Weekly

Costant fear attacks

The price weakness of the past week leads to a renewed fear attack among investors. This is a typical weakness after the September futures decline. The number of bulls has shrunk significantly. Since fundamental confidence has held up so far, the renewed fear creates more opportunities than risks. There are rare sentix indicator signals in US bonds and in USD-JPY.

Further results

• Bonds: Rare OCI signal in US bonds
• FX: Rare TD signal in USD-JPY
• sentix investor positioning in equities and bonds

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sentix Survey results (37-2023)

Written by Manfred Hübner | 17 September 2023
Posted in sentix Weekly

How much is the seasonal headwind disturbing?

Sentiment toward equities is improving. But this does not lead to a clear increase in the number of bulls. Rather, the share of neutral investors is rising in the short term, indicating irritation. Indeed, much of the optimism rests on hopes for a typically good fourth quarter. But this is often preceded by a weak second half of September. The data also show that investors are increasingly enthusiastic about growth stocks and IPOs.

Further resuls

• Bonds: Bias continues to improve steadily
• Precious metals: Bias suggests further buying
• sentix styles - Investor preferences & behavior

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sentix Weekly updated

Written by Manfred Hübner | 11 September 2023
Posted in sentix Weekly

The current weekly survey has been supplemented with the missing graphic and can be accessed here:

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sentix Survey results (36-2023)

Written by Patrick Hussy | 10 September 2023
Posted in sentix Weekly

Bias and economy go their separate ways

Sentiment on the stock market has dipped again. But short-term concerns are not preventing investors from upgrading their medium-term outlook. The stock markets in Japan and the USA are particularly popular with professionals. In parallel, confidence in crude oil is also rising. This benefits the sector, whose sentiment is now the most bullish of all 19 STOXX 600 sectors.

Further results

• Equities: Japan in the fast lane
• Crude oil: It looks like oil prices will continue to rise
• sentix sector sentiment

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sentix Survey results (35-2023)

Written by Patrick Hussy | 03 September 2023
Posted in sentix Weekly

Central bank policy loses its fright

Investors assume that the central banks will gradually take their foot off the brake. The main reason is the weak economy. This is making investors more bullish about equities in the medium term. In the short term, the fear factor is still in play - albeit now in a reduced form. Bond investors should also benefit from a less restrictive interest rate policy. Therefore, the bias development as well as the contrary overconfidence signals should be taken seriously.

Further results

• Equities: Fear in reduced form
• Bonds: UK bias soaring - overconfidence in US bonds
• sentix economic index: Monday, 04th Sept. 2023 at 10:30 CEST

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