sentix Survey Essentials (English)
Folder: sentix Survey Essentials (English)
Files:
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sentix Survey results (41-2024)
- Uploaded:
- 13.10.24
- File Size:
- 1 MB
Make Americas S&P 500 greater again
Sentiment for US equities is great, but medium-term confidence is even higher: at +31 percentage points, the strategic bias is at its highest level since December 2020. Investors can't seem to get enough of the S&P 500's record highs. The trend is fuelled by US technology stocks. The temporary aversion from the summer months is no longer much in evidence here. There is also an all-clear signal for gold.
Further results:
- Further resultsGold: Basic confidence catches on at a high level
- Crude oil: Rise could continue
- sentix sector sentiment
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sentix Survey results (40-2024)
- Uploaded:
- 06.10.24
- File Size:
- 926 KB
The Strategic bias in equities is rising significantly
During the Chinese holiday week, investors' fundamental confidence in equities improved globally. Institutional investors in particular are reacting very positively in their strategic bias, which statistically indicates rising equity prices. At the same time, sentiment is cooling off in the short term, causing the TD indices to fall as well. We are also measuring bias signals in bonds and the currency market, while the oil sentiment is very bullish.
Further results
- EUR-USD: Reversal in the strategic bias
- Crude oil: Bullish sentiment
- sentix Economic Index: Monday, 7th oct. 2024, 10:30am CET
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sentix Survey results (39-2024)
- Uploaded:
- 29.09.24
- File Size:
- 1 MB
The China party continues
The mood on the stock markets has improved significantly. We measure the highest optimism for US equities this year. Investors are also acting accordingly bullish. The equity ratios have also increased. This is likely to dampen the short-term price outlook. We experienced a bang over the course of the week for Chinese equities. Here, we measure an increase in sentiment of 42 percentage points, more than ever before in a week.
Further results
- Bonds: attractiveness is waning across the entire curve
- Silver: the China party continues
- sentix investor positioning in equities and bonds
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sentix Survey results (38-2024)
- Uploaded:
- 22.09.24
- File Size:
- 1 MB
Loss of confidence in bonds
Investors in the bond market are not happy about the interest rate cuts by the Fed and the ECB. The basic strategic confidence is collapsing significantly, thus promoting profit-taking in bonds. Investors are apparently worried that inflation could make a comeback. For equities, we are seeing signals of an interim consolidation. There is also a sentiment signal for EUR-USD.
Further results
- Equities: Too many bulls in the US stock market
- EUR-USD: Bullish sentiment
- sentix Styles - Investor preferences & behavior
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sentix Survey results (37-2024)
- Uploaded:
- 15.09.24
- File Size:
- 1 MB
Buzllish sentiment reflex in equities
Confidence is increasingly spreading on the stock market. After the fear reflex of the previous week, share sentiment is jumping upwards just as reflexively. And basic confidence is also on the march. Is this the best of all worlds or a dangerous displacement mode? We see parallels in the sentiment picture from a year ago. Back then, investors were confident and a good fourth quarter followed. Is history repeating itself?
Further results
- Equities: Basic strategic confidence surprisingly strong
- Gold: The air is getting thinner
- sentix sector sentiment
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sentix Survey results (36-2024)
- Uploaded:
- 08.09.24
- File Size:
- 1 MB
Fast fear reflex, slow portfolio adjustment
The fear reflex comes back very quickly: share sentiment rushes back into the pessimism zone from its recent neutral levels. This is where we were 5 weeks ago. As there is no doubt in the investor bias that the stock markets will continue to rise in the medium term, the TD Index also reacts significantly. Such low values have their own significance, especially as portfolio trading shows only moderate pressure to adjust. Things could therefore get rough again over the next three weeks.
Further results
- Equities: Average profile shows short term ‘rough path’
- Bonds: Bund future bias shows first flaw
- sentix Economic Index: Monday, 09th Sept. 2024 at 10:30 AM CET
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sentix Survey results (35-2024)
- Uploaded:
- 01.09.24
- File Size:
- 963 KB
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
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sentix Survey results (34-2024)
- Uploaded:
- 25.08.24
- File Size:
- 991 KB
Continued divergence of sentiment
The atypical price behaviour for this time of year continued last week. Prices continued to recover, giving the DAX an unusual series of upswings. On the US stock market, the S&P 500 is only just below its high for the year. However, investors' sentiment is not being sparked. On the one hand, this is leading to low values in the TD Index, which is positive. On the other hand, there is a negative divergence in sentiment.
Further results
- Bonds: Attractiveness of the long end increases
- Gold and oil: Strategic confidence weakens
- sentix investor positioning in equities and bonds
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sentix Survey results (33-2024)
- Uploaded:
- 18.08.24
- File Size:
- 1 MB
The fear has vanished
The fear of an equity crash has evaporated. The vehemence of the price rise in many stock indices has made a strong impression on investors (and on us). In this country, fear - as measured by sentix sentiment - was considerably high. The US data from the AAII, on the other hand, only fell to a neutral level. Have Americans simply remained cool or is there still an episode to come? In any case, the extreme dissonance between macro developments (sentix economic indices) and confidence on the stock market (bias) is still there.
Further results
- Bonds: Strong bias for Bund & UK Gilts
- EUR/JPY: Exchange rate burden ahead
- sentix Styles - Investor preferences & behavior
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sentix Survey results (32-2024)
- Uploaded:
- 12.08.24
- File Size:
- 1 MB
Sentiment recovers only slightly
This week, due to technical problems on our server, we have created a chart show via the Bloomberg system. You will receive some updates in a somewhat different format. On the US bond market in particular, there is a diametrical development between positioning behaviour and investor bias. However, major changes in positioning can also be observed on the currency market.
Further results
- Bonds: Diametric paths of bias & positioning in US-TY
- USD/JPY: Significant position adjustments
- sentix sector sentiment
