Retail sector with relative strength

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

The corona crisis is having a major impact on the stationary retail trade and manufacturers of the products sold there. Looking at data from platforms such as hystreet.com, customer frequency, for example in German cities, is still well below pre-crisis levels, despite the relaxation steps that have now been taken.

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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

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

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

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