sentix Survey results (15-2024)

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Too little fear for a rapid end to consolidation

Sentiment on the stock market continues to plummet. We are measuring the lowest sentiment value for many indices since January 5, 2024, reflecting fears of an escalation of the conflict in the Middle East. However, it still seems too early to sound out a contrarian buy point from a sentiment analysis perspective. The existing fears are there, but compared to historical market turning points, they have not yet reached the quality that would suggest an anti-cyclical entry. The AAII Bull-Bear Index, for example, is still relatively high and therefore has a lot of "reaction space" to offer.

Further results

  • Precious metals: First of all at the top
  • FX: Interest rate differentials and bias pro US dollar
  • sentix sector sentiment

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sentix Survey results (14-2024)

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Bull bump

The geopolitical uncertainties and reduced prospects of an interest rate cut by the US Federal Reserve have caused unrest on the stock markets and a slump in sentiment. However, the sentiment data points more towards consolidation and less towards the risk of a general trend reversal. Commodities in particular have benefited in the current environment. We are seeing bullish sentiment for gold and crude oil and thus a deterioration in the risk situation.

Further results

  • EUR-USD: Bias continues to fall
  • Commodities: Short-term overshoots
  • sentix Economic Index: Monday, 08.04.2024, 10.30 am CEST

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sentix Survey results (13-2024)

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No cheers despite all-time highs

We wish all sentix participants a happy Easter. Today you will receive the Easter edition of the sentix commentary.

Further results

  • EUR-USD: Bias continues to fall
  • Commodities: Gold and oil still have potential
  • Easter Edition

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sentix Survey results (12-2024)

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Party with the handbrake on

The stock markets remain in a bull trend for the time being. Nevertheless, the mood for dividend stocks is only cautiously positive. At the same time, the risk situation already indicated a month ago has intensified, particularly for Europe's stock markets. A correction is long overdue, especially as the investment behavior of private investors appears increasingly risky. The risks on the bond market are significantly lower. Precious metals are now also showing increased risks.

Further results

  • EUR-CHF: Massive mood impulse
  • Crude oil: Confidence continues to rise
  • sentix investor positioning in equities and bonds

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sentix Survey results (11-2024)

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Negative sentiment divergence

Imagine it is a bull market and investors are not infected by it. That is exactly the case. Prices are not sparking jubilation among investors. On the contrary. With the constant new highs, strategic scepticism is growing. But the proportion of bears is also growing in the short term. A clear negative divergence has emerged in sentiment, reminiscent of the end of 2021. Bull markets are not only ended by euphoria, but sometimes also by a rational rejection.

Further results

  • Bonds: Sharp drop in sentiment
  • Crude oil: Basic confidence continues to rise
  • sentix Styles - Investor preferences & behavior

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