15 May 2022
Posted in
sentix Weekly
An important piece of the puzzle is missing
At -44 percentage points, sentiment for U.S. equities reached a very high level of pessimism compared with the previous week. That the contrarian investor should nevertheless be cautious is shown by another dimension in investor behavior: The medium-term strategic bias is also weak, indicating no repurchase propensity despite declining stock prices. Consequently, the balance of sentiment and bias (see chart) is not that deep in negative territory. Good buying opportunities are characterized by the time differential index reaching a level of at least -35 percentage points (or lower).
Further results
- Bonds: Bias for US bonds climbs further
- Gold: Constructive
- sentix sector sentiment
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