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. June: "Episode 8 of the uncanny series”

Joachim Goldberg

According to Joachim Goldberg, the narrow price range of German stocks since the last survey is a sign that investors are becoming accustomed to erratic US economic policy. Six percent of professionals and three percent of private investors have closed their short positions and moved to the sidelines. The behavioral economist suspects profit-taking. He interprets the sentiment indices of +6 and +14 points as mild optimism.

The bottom line is that Goldberg expects investors on the long side to start taking profits at 23,400/450 DAX points as the first brake on the upside. However, in his view, it is primarily long-term investors from abroad who are responsible for the price increases, as confirmed by the rise of the euro against the US dollar.

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.