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 sentimant analysis as of 13 October: "Lovely invitation".

Joachim Goldberg
Joachim Goldberg

Joachim Goldberg would have been unsurprised by "buying in the weakness," but investors seem to have lacked the guts to get involved in local blue chips. 3 percent of professionals went long, and of retail investors, 1 percent even sold. Nevertheless, 11 percent of the institutional investors have closed their short exposure, profit-taking suspects the behavioral economist. 

Behind the passive attitude Goldberg sees however no genuine skepticism, but the need to be with the positions in the minus and not to want to realize this. The sentiment indicators are with +2 and +12 again closer together and relatively considered, so Goldberg, in the slightly optimistic range, which he does not consider threatening yet. However, investors on the sidelines are likely to go short again from 15,400/15,450. Downward, it is doubtful whether the support at 14,817 points could hold again.

 

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.

Video commentary

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.