01 September 2024
Posted in
sentix Weekly
Overconfidence with the DAX
Sentiment on the stock market is neutral, basic confidence is stable. There are special signals in terms of overconfidence: this is high for the DAX and diametrically low for the CSI 300. There are more striking changes in the bond bias and in precious metals: The signs of tiredness in the bias of gold and silver should be taken seriously, as long positioning continues to grow. In the case of US bonds, on the other hand, the rise in institutional bias is convincing.
Further results
- Equities: China with anti-cyclical buy signals
- Bonds: Convincing institutional judgement
- Precious metals: signs of fatigue are progressing