08 November 2020
Posted in
sentix Weekly
"shake-up experience” of a special kind
The high level of pessimism in the stock market sentiment during the previous week turned out to be an ideal contrarian entry signal. The subsequent counterattack on the global stock markets impressed investors, flanked by the outcome of the US presidential election. This creates a "shake-up experience” of a special kind: investors realize the improvement on the global political stage and raise their sentiment by around 55 (!) percent. The jump in sentiment is to be understood as a sentiment impulse.
Further results:
- Equities: Fourth strongest sentiment impulse in history
- Crude oil: Bias turns up
- sentix economic index: New data on 09th Nov. 2020 / 10:30 CET
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