sentix Survey results (34-2023)

Written by Manfred Hübner | 27 August 2023
Posted in sentix Weekly

Negative sentiment supports

Sentiment for equities remains poor. Even though sentiment has improved somewhat, short-term skepticism dominates. This is particularly pronounced for China equities. This gives rise to short-term opportunities for a recovery. Bonds are suffering from the high attractiveness of short maturities. Memories of 2006-2008 are awakening. In gold and EUR-USD, there are interesting divergences between strategic bias and investor behavior.

Further results

• Bonds: Short maturities are irresistible
• Gold: Positioning helps
• sentix investor positioning in equities and bonds

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Data revision notification SNTL

Written by Manfred Hübner | 25 August 2023
Posted in Database news

Dear data client, due to a bug, a data point in the SNTL data sets for May 2010 was missing. We have reconstructed the data and added the missing data point to the data series.

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Behavioral Finance: Understanding the Psychology Behind Financial Decision-Making

Written by Manfred Hübner | 24 August 2023
Posted in Woolly thoughts (blog)

In the realm of traditional finance, economic theories often assume that investors are rational, utility-maximizing individuals who make decisions based on all available information. However, in reality, human behavior is far more complex and often deviates from these rational models. This realization has given rise to a field known as behavioral finance, which seeks to understand the psychological factors that influence financial decision-making and the subsequent impact on markets and economic outcomes.

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sentix Survey results (33-2023)

Written by Patrick Hussy | 20 August 2023
Posted in sentix Weekly

In the middle of the process, not at the end

Sentiment for equities is plummeting dramatically. The sentiment level brings back memories of September 2022. The sentiment signal at that time marked the beginning of a major upward movement. Is the current situation comparable and is there a similarly resilient sentiment buy signal today? It is worth paying attention to similarities and differences. A worrying development is emerging for the Chinese stock market.

Further results

• Equities: No reassessment
• Equities: Problematic situation in China
• sentix styles - Investor preferences & behavior

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sentix Survey results (32-2023)

Written by Patrick Hussy | 13 August 2023
Posted in sentix Weekly

EUR/USD: High neutrality pairs with further warning signals

Investors are slowly taking heart in equities and are looking positively into the fourth quarter. The bias for U.S. equities, but also for Japanese dividend stocks, is clearly upward. At the same time, short-term concerns persist. Overall, irritation remains at a high level, which could bring high volatility to the equity markets in the short term.
High neutrality is also a theme in currencies and bitcoin. Super neutrality is reaching extreme levels.

Further results

• Equities: Bias increases, focus turns to the fourth quarter
• Bonds: High Overconfidence of Fixed Income Bears in the U.S.
• sentix sector sentiment

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