Portfolio action requires justification

Written by Manfred Hübner | 24 June 2020
Posted in sentix Weekly

In March 2020, investors were in panic. Sentiment was poor and fears that the corona virus and lock-down measures would derail the global economy caused panic. And this in turn led to low investment levels and defensive positioning. But now, at the end of June, everything is better. Is it?

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sentix Survey results (25-2020)

Written by Patrick Hussy | 21 June 2020
Posted in sentix Weekly

More risk, more fun?

The anniversary survey has some exciting results: Investors continue to enjoy precious metals and the bearish mood of the previous week is also easing for equities. What remains in the medium term, however, is a certain lack of prospects. Nevertheless, investors are increasing their risk in many sub-segments (see Styles), although the seasonally positive window for equities will close in 5 weeks at the latest.

Further topics:

• Equities: The fears give way
• Precious metals: Silver still favoured
• sentix Styles – Investor preferences & behavior

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sentix Survey results (24-2020)

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

Mood slump

In the course of the week, the stock markets surprised us with sharp declines. On the part of our data, the weak basic confidence in particular spoke in favour of a certain caution. A clearer signal was provided by US option data. The put-call ratio was at very low levels and clearly showed speculative exaggeration. Adjustments are now being made to both indices. What does the slump in sentix sentiment indices mean?

Further topics:

• FX: Euro basic confidence continues to rise
• Precious metals: Still sought after by investors
• sentix Sector sentiment

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sentix Survey results (23-2020)

Written by Patrick Hussy | 07 June 2020
Posted in sentix Weekly

No cheers for economic stimulus, ECB and price jumps

For almost two years now, there has been a marked discrepancy in EUR/USD between private and institutional investors: Since then, the professionals have been much more positive about the Euro in the medium term. Thus, even at the current edge, they are showing greater basic confidence in EUR/USD, while private investors are only slowly venturing out of cover. The currency trend is having a positive effect on European stocks. But surprisingly, the stock market sentiment remains in the basement.

Further topics:

• Equities: Investors lower their thumbs for the medium term
• FX: The euro on the upswing of institutional investors
• sentix economic index, Monday 08th June 2020 on 10:30 AM CET

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sentix Survey results (22-2020)

Written by Patrick Hussy | 31 May 2020
Posted in sentix Weekly

Lack of confidence

Sentiment for US equities has further neutralized and now marks the highest level since mid-February 2020 (market high in the S&P 500). One of the minimum conditions for an end to the recovery movement has thus been met. Although the slight underinvestment in the market still provides support, the lack of medium-term confidence for equities is increasingly becoming a burden.

• Equities: China is not a paragon
• Crude Oil: Instis plan to turn off the oil cock again
• Precious metals: Gold good, silver better

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