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 30. July: "Half full, half empty”

Joachim Goldberg

Customs agreements and other news are driving German blue chips forward. Medium-term investors are retreating from various positions to the sidelines. Specifically: among professionals, 7 percent are bulls and 5 percent are bears, while among private investors, 14 percent are bears. Of this group, 4 percent have bought. Joachim Goldberg sees profit-taking on both the long and short sides as the motivation. Among professionals in particular, risk appetite has declined significantly.

The bottom line is that the relatively low number of optimists is remarkable. If DAX prices were to rise suddenly, many would find themselves in a bad situation and would be left behind. He expects demand at the lower end to start at 23,700 and 23,750 points. All in all, not a bad starting position.

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.

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.