sentix Survey results (30-2021)

Written by Manfred Hübner | 25 July 2021
Posted in sentix Weekly

Moderate improvement in sentiment

In recent weeks, strategic confidence in oil has plummeted. This usually leads to position reductions. However, positioning is by no means very bullish at the moment, so there is less risk to the oil price than would otherwise be the case. In equities, sentiment is neutralising and the neutral position is filling up again. A volatile summer phase is thus not yet off the table.

Further results:

• Gold: Bias remains stable
• Crude oil: Weak bias but positive seasonal pattern
• sentix investor positioning in equities and bonds

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sentix Survey results (29-2021)

Written by Manfred Hübner | 18 July 2021
Posted in sentix Weekly

Unusually stable sentiment

We continue to measure unusual sentiment developments on the stock market. Although the technical condition of the stock markets has deteriorated over the course of the week, impressively demonstrated for example by the decline of stocks above the 250-day line in the Russell 2000 Index and the resulting negative divergence in the indicator, there has been virtually no change in sentiment and bias. In our opinion, this is not a positive sign.

Further results:

• Bonds: Private investors develop strategic confidence
• Crude oil: Strategic bias falls again
• sentix styles - Investor preferences & behavior

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sentix Survey results (28-2021)

Written by Manfred Hübner | 11 July 2021
Posted in sentix Weekly

TD buy signals

The moderate correction over the course of the week has an astonishingly large impact on sentiment in equities. With underlying confidence stable at the same time, buy signals are emerging in the TD Index. Statistically, these are very interesting, but two reasons are likely to limit the bulls' dreams: on the one hand, the approaching end of seasonal support and, on the other, the further clouding of the strategic situation in China.

Further results:

• Precious metals: Positive bias development
• Crude oil: Strategic bias tips off
• sentix Sector Sentiment

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sentix Survey results (27-2021)

Written by Patrick Hussy | 04 July 2021
Posted in sentix Weekly

Something does not fit together

Bond prices seem stable. In the background, however, basic strategic confidence has plummeted and positioning, conversely, is far too high. These developments do not fit together, especially as the latest economic figures are adding fuel to the fire. The latest July data from the "first mover" point the way. Speaking of oil, the risk factors for black gold are rising again. The situation is much more relaxed for precious metals.

Further results:

• Equities: China as a disruptive factor
• Crude oil: Risk radar with negative signal
• sentix economic index: Monday, 05th July 2021 at 10:30 AM CET

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sentix Survey results (26-2021)

Written by Patrick Hussy | 27 June 2021
Posted in sentix Weekly

Bears lose patience

Offensively oriented equity portfolios meet extremely high neutrality. This is likely to lead to greater volatility in the coming weeks! In addition, the bears are slowly losing patience, the correction in equities just won't come. So something is brewing! Risks are also increasing in crude oil: The Overconfidence Index is the first warning signal.

Further results:

• Equities: Super-Neutrality with new all-time high
• Crude oil: High overconfidence
• sentix investor positioning in equities and bonds