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 25. June: "The new carefree attitude”

Joachim Goldberg

Despite considerable risks such as the Middle East and tariff conflicts, investors remain largely unimpressed and are buying stocks across the board, with 23 percent of professionals and 10 percent of private investors closing their short positions. Almost all professionals and all private investors have entered the stock market, with sentiment indices shooting up to +45 and +20 points. For Joachim Goldberg, this is a very remarkable change in sentiment, which is likely to have been facilitated by significant gains.

The behavioral economist does not yet see any dangerous euphoria, but expects profit-taking from 24,050/24,100 points onwards – and warns against excessive complacency.

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.