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 9 October: "With success behind us"

Joachim Goldberg

Many have actively exploited the significant price movements since last Wednesday, of which only just under 1% remained on balance. 21% of professionals and 9% of private investors have exited their short positions at a profit, as Joachim Goldberg assumes. 10 and 6 percent respectively have positioned themselves directly on the long side. At +14 and +27 points, the Sentiment indices are clearly in optimistic territory.

The behavioral economist points out that the low price increase indicates a lack of long-term capital inflows. All in all, he does not consider the optimism to be dangerous yet, just a little negative. On the upside, profit-taking could be expected as early as 19,480/19,530. On the downside, a lot of potential demand has been “used up”. Things could become critical below 18,700 points.

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.