sentix Survey results (28-2023)

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Short-covering underway

After the sentiment signal of the previous week, the price upswing in equities has put the bears under pressure and already forced large parts of them to give up. A good part of the performance potential has been worked off, but not all of it. There are new, interesting signals to report for silver and crude oil.

Further results

  • Bonds: Continued high underlying confidence
  • Crude oil: Bias upswing
  • sentix sector sentiment

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sentix Survey results (27-2023)

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Vola is back - fears too

The Vola is back! Via the high neutrality, we have recently received the hint that the price volatility will increase in the summer. This process has now begun: the neutral camp is starting to take sides. Very impulsively, the sentiment sags downwards. A tactical recovery is thus in the offing. However, the all-clear cannot be given yet. A new buying reflex is not indicated by the bias. The Super Neutrality Index also still offers considerable room to the downside.

Further results

  • Bonds: Z-score in TD index at almost -3!
  • Gold: Bias goes into advance
  • sentix economic index: Monday, 10th July at 10:30 CEST

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sentix Survey results (26-2023)

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Basic confidence in precious metals returns

The negative sentiment in equities was followed by a clearly positive price reaction last week. The bears then moved back into the neutral camp. Strategically, the reservations remain. Not so with precious metals. In the case of gold and silver, the basic strategic confidence may improve. The sentix data also signal further support for bonds.

Further results

  • Equities: Neutrality rises again
  • Bonds: TD index remains positive

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sentix Survey results (25-2023)

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Sentiment slumps

That was quickly! After the institutional investors expressed massive strategic concerns about the previous week, the stock market is now sliding. This has the consequence that the stock sentiment collapses significantly. The sentix indicators are already reacting, the other indicators (e.g. AAII) still have some way to go. A new medium-term perspective does not arise from the price decline. On the other hand, investor irritation remains high, which is likely to cause vola to rise further in the coming weeks.

Further results

  • Bonds: Bottoming out progresses
  • Gold: Good reasons for an investment
  • sentix investor positioning in equities and bonds

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sentix Survey results (24-2023)

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Institutionals have particularly strong concerns

The different interest rate policy of the Bank of Japan compared with the other major central banks is fueling speculation on the currency side via the interest rate differentials. The yen continues to lose value, and investors are positioning themselves for a trend continuation. However, the medium-term strategic bias is taking a different path. These days, it is the medium-term outlook that particularly concerns investors in equities, bonds and currencies. In most cases, the bias clearly decouples from market movements and points in the opposite direction. This has consequences.

Further results

  • Bonds: Lowest TD index since 2007!
  • FX: Yen in focus
  • sentix styles - Investor preferences & behavior

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

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