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

sentix Survey results (25-2021)

Written by Manfred Hübner | 20 June 2021
Posted in sentix Weekly

Weak post-future expiry week likely

The June futures expiry is usually very important in the stock markets. Investors take stock of the first half of the year and are called upon to position themselves for the second half of the year and - even more important - for the often volatile summer months. The week after expiry is usually accompanied by price weakness before a final phase of strength until the end of July. Sentiment data does not necessarily contradict this course, with volatility casting its shadow ahead.

Further results:

• Equities: Professionals lose basic confidence
• Gold: First stabilisation, then upswing again
• sentix styles - Investor preferences & behavior

sentix Survey results (24-2021)

Written by Patrick Hussy | 13 June 2021
Posted in sentix Weekly

No summer rally in sight

The markets remain emotionless and careless. The measured overconfidence levels for European equities call for caution, and investors are successively closing their vola-short positions in the United States. The positioning behaviour on the US bond market is striking: bias and positioning go separate ways. No all-clear can be given for bitcoins either. On the other hand, precious metals remain solidly supported.

Further results:

• Bonds: Positioning and US bias go separate ways
• Gold: Still solid
• sentix Sector Sentiment: Holiday feelings

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

sentix Survey results (23-2021)

Written by Patrick Hussy | 06 June 2021
Posted in sentix Weekly

Emotionless and careless

The current situation on the stock market is accompanied by low levels of emotion. At the same time, there is still a lack of medium-term fundamental conviction. This is causing a lot of irritation among investors, which can be seen in the neutrality indices: For the TecDAX we even measure a new all-time high in its twenty-year history! This phenomenon can also be observed on other stock markets. More volatile weeks should therefore lie ahead.

Further results:

• Bonds: Lack of trust
• Gold: Sustained high basic conviction
• sentix economic index: Monday, 07th June 2021 at 10:30h CEST

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

sentix Survey results (22-2021)

Written by Manfred Hübner | 30 May 2021
Posted in sentix Weekly

Rising volatility to be expected

There has been little news in the sentix data set over the course of the week. Increasing volatility is expected on the US stock market. Investors in Europe are also positioned rather offensively, which is often rather unfavourable in the run-up to the summer months. Steadiness in the price rise is likely to have contributed to this optimistic portfolio action. However, the sentix Overconfidence Index is thus reaching a critical level for German equities.

Further results:

• Equities: Overconfidence on the German stock market
• Gold: Basic confidence remains high
• sentix investor positioning in equities and bonds

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