sentix Survey results (19-2019)

Written by Patrick Hussy | 10 May 2020
Posted in sentix Weekly

Depression causes paralysis

The sentix risk radar, which systematically evaluates various risk sub-components in investor and price behaviour, still indicates opportunities in shares and crude oil. Although the tailwind from sentiment and positioning has softened somewhat (at the market low in mid-March 2020 the Z-score was +2!) Nevertheless, it is clear where the markets are drawing the strength for the price increase from. The "wall of worry" is big.

Further topics:

• Chinese equitiues: Light glance
• Bitcoins: All-time high in bias
• sentix Sector sentiment

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sentix Survey results (18-2020)

Written by Patrick Hussy | 03 May 2020
Posted in sentix Weekly

Chronic pessimism

Since mid-February, fear has been in investors' limbs. Since then, sentiment has been in the deep red range. The danger is increasing from week to week that a brief fear reflex will turn into a chronic strain, which will have a massive impact on basic confidence and cause lasting damage to investments, consumption and the spending climate. The drop in the strategic equity bias is a serious indication of this.

Further topics:

• EUR-USD: Risk of cognitive dissonance
• Bitcoins: The air is getting thinner
• sentix economic index: Monday 04th May 2020 at 10:30 CEST

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Defensive positioning supports equities

Written by Manfred Hübner | 29 April 2020
Posted in sentix Weekly

Due to the fact that the March plunge was strong and fast, even the current price rally does not lead to a complete elimination of the oversold market situation. Investors mistrust the price development, which can be seen in the negative sentiment. As a result, there is still further potential for recovery.

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sentix Survey results (17-2020)

Written by Manfred Hübner | 26 April 2020
Posted in sentix Weekly

Further erosion of the strategic bias in equities

Investor confidence continues to erode, and this week the bias for Euro area stocks has reached a new all-time low! This shows that time is currently working against the stock markets. The restrictive measures to contain the Corona crisis are increasingly viewed critically. Only the bad mood and the defensive positioning are still preventing a further price slump. But for how much longer?

Further topics:

• EUR-USD: Negative signal
• Goldmines: Bullish mood
• sentix investor positioning in equities and bonds

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sentix Survey results (16-2020)

Written by Patrick Hussy | 19 April 2020
Posted in sentix Weekly

Confidence is withdrawn from the stock markets

Investors remain defensive for the time being with equities. The institutional investors in particular have recently been stepping on the brakes. The risk level indicator explains the positioning behaviour. This restraint is now generating performance pressure as prices rise and, in conjunction with sentiment, is supporting the current rally of hope. If investors buy now, this would mean a "buy without conviction". One thing is certain: the bias continues to erode.

Further topics:

• Equities: Sentiment remains short-term support
• Goldmines: Renaissance of basic confidence
• sentix styles - Investor preferences & behavior

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