Sentiment indicator of the Frankfurt Stock Exchange

Market sentiment

Kleine Skulptur von Bär und Bulle auf der Galerie

Opinions make markets: Every Wednesday, the Frankfurt Stock Exchange surveys the market expectations of active investors and has the results interpreted in accordance with the findings of the behaviour-oriented capital market analysis, Behavioral Finance. The analysis is published here around 4 pm.

Market sentiment analysis as of 4 September: "Unbroken Staying Power"

Joachim Goldberg

German shares are once again some way off their all-time high, while the medium-term oriented professionals have positioned themselves more strongly. 7 percent have switched from the sidelines to the bulls and the bears in almost equal measure. The former want to bet on a sustained upward trend, the latter on a correction, assumes Joachim Goldberg. The sentiment index for this group is almost unchanged at -11 points. Some of the private investors have switched directly from the long side to the short side. The sentiment index for this group falls to +4 points.

The behavioral economist points out that the bears are in the majority and are likely to set the tone for the coming market events. The majority are waiting for a setback to 18,360/410. Little resistance is expected on the upside - “at least the sentiment situation has not deteriorated”. 

Your opinion counts: Market expectations of investors

All interested investors are invited to participate. It takes only 15 seconds. Every Tuesday you will receive an e-mail with a survey link. You will receive the results of the analysis by e-mail.

Sentiment analysis now also available as a podcast

You can listen to or download the sentiment analysis directly from this page.

Of course, it's also available on the usual podcast platforms Spotify, iTunes, Podcaster, Amazon, Google, where you can subscribe to it.

Method

Xetra-Händler vor Monitoren

Investors with bullish expectations are long, investors with bearish short. Cost prices and imbalances can be deduced in particular from the changes. Often the sentiment index functions as a counter-indicator because there is no potential demand, but this does not fit in every market situation.

Joachim Goldberg

For more than 30 years, Joachim Goldberg has been dealing with the interaction of people and markets. But it was not until he discovered the psychological influences on the financial markets that the graduate banker and former currency trader thought he had come close to what drives and moves the world of finance.