sentix Survey Essentials (English)
Folder: sentix Survey Essentials (English)
Files:
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sentix Survey results (22-2023)
- Uploaded:
- 04.06.23
- File Size:
- 847 KB
Japanese equities in focus
Japanese equities are currently stealing the show from other equity markets. Buoyed by a rise in underlying confidence, the Nikkei is reaching a new high for the year. But as with US technology stocks, the overconfidence index is signalling an elevated risk position. We measure further interesting data on gold and oil.
Further results
- Equities: Strategic fundamental confidence improved
- Commodities: Gold and oil with bias rise
- sentix economic index: 05.06.23 at 10.30 AM CEST
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sentix Survey results (21-2023)
- Uploaded:
- 28.05.23
- File Size:
- 1 MB
Better, but not yet good
The first half of the week caught investors cold and considerably dampened the mood on the stock market. At the same time, there has been an improvement in basic strategic confidence. However, a look at the TD Index, e.g. for the Nasdaq Index, shows that this does not yet give a buy signal.
Further results
- Bonds: US bonds with positive medium-term outlook
- FX: Discrepancy between positioning and bias
- sentix investor positioning in equities and bonds
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sentix Survey results (20-2023)
- Uploaded:
- 21.05.23
- File Size:
- 1 MB
TD indices head back into the sell zone
The stock markets continued to surprise positively this week. The weak sentiment allowed for tactical recoveries. And indeed, we measure some short covering, which is also reflected in the increased bull ratio. But this was not a strategic liberation blow.
Further results
- Bonds: Strategically strengthened
- Gold: TD Index in the buy zone
- sentix styles - Investor preferences & behavior
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sentix Survey results (19-2023)
- Uploaded:
- 14.05.23
- File Size:
- 848 KB
Investors remain stubborn
Investors are turning more and more to interest rate investments. The strategic bias for U.S. Treasuries climbs unwaveringly from week to week. We are currently measuring the highest value in the bias for U.S. longs since September 2006, and even a 20-year high for Bunds. This means that bonds are gradually stealing the show from equities and mutating into a serious competing investment. Precious metals also continue to score. Mining shares are also getting some of this shine.
Further results
- Bonds: Bonds, bonds, bonds - 20-year high in bias
- Goldmines equities: Benefit from the shine of gold
- sentix sector sentiment
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sentix Survey results (18-2023)
- Uploaded:
- 07.05.23
- File Size:
- 1 MB
Weak underlying confidence leads to nervousness
Nervousness about shares is on the rise. On the surface, the poor sentiment in equities gives hope. But the real tension is between the measurable serenity in the VIX Vola Index and the high neutrality of investors, which expresses their irritation about current market events. This tension should dissipate in the coming weeks. And as is almost always the case, this will happen through rising volatilities and a directional impulse.
Further results
- Bonds: Euroland bonds with rising fundamental confidence
- Gold: Still positive, but signs of fatigue
- sentix economic index: 08.05.23 at 10.30 AM CEST
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sentix Survey results (17-2023)
- Uploaded:
- 30.04.23
- File Size:
- 828 KB
Vola ante portas
Sentiment for equities is neutral, as is positioning. Superficially, this does not result in any particular signal situation. Increasingly, investors are assuming a sideways trend, and short-term neutrality is rising massively. As a rule, this state does not last long. As soon as investors have more certainty, they jump on the next signal. Consequently, these high neutrality levels herald a vola surge.
Further results
- Bonds: High confidence = excellent opportunities for U.S. bonds
- Gold: Constructive breather
- sentix investor positioning in equities and bonds
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sentix Survey results (16-2023)
- Uploaded:
- 23.04.23
- File Size:
- 971 KB
Historical weakness in underlying equity confidence
In the past week, the remarkable behaviour in the Strategic Bias continues. While the prices of stocks radiate supposed stability, the basic confidence of professionals in particular in tech stocks plummets in a remarkable way. In 4 weeks, the index loses 26 percentage points. This has happened only twice before: in May 2001 and at the end of 2002. The statistical omens for equities are thus unfavourable.
Further results
- Bonds: Confidence still on the rise
- Precious metals: Safe haven
- sentix styles - Investor preferences & behavior
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sentix Survey results (15-2023)
- Uploaded:
- 16.04.23
- File Size:
- 1014 KB
Accumulated Vola Signals
Interest rate futures were again under pressure last week. But investors are not very impressed by this. The bias for the Bund is rising to the next cycle high - after all, the highest level since November 2008. Conversely, it is the stock markets whose bias is weak and weakening. Gold is not likely to continue positively until the summer, while the crypto markets could unleash their potential earlier.
Further results
- Bonds: Willingness to buy continues to increase
- Gold: Set for glossy period in the summer
- sentix sector sentiment
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sentix Survey results (14-2023)
- Uploaded:
- 09.04.23
- File Size:
- 845 KB
Easter Edition
We wish all sentix participants a happy and blessed Easter. Due to the holiday there will be a short commentary this week.
Further results
- Equities: A rotten egg
- Bonds: Colorful eggs
- Gold mining stocks: Shiny eggs
- sentix economic index: Tuesday, 11th April 2023 at 10.30 AM CEST
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sentix Survey results (13-2023)
- Uploaded:
- 02.04.23
- File Size:
- 914 KB
Sentiment takes a beating
Whereas the previous week we noted an astonishing lack of emotion among investors, this week we have to report a real drumbeat in sentiment. The sentiment data are jumping sharply upwards, the bulls have fully awakened and are celebrating the markets. Short term. In the medium term, however, basic confidence is falling. A dangerous development. The data are more unfavourable for equities than they have been for a long time. Portfolios, on the other hand, have more risk than at any time in months.
Further results
- Equities: But basic confidence is falling
- Bonds: Positive data!
- Gold: Stable
