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 26 March: "Wait until settlement"

Joachim Goldberg

With a spread of 2.8% and a loss of 1.1% since last Wednesday, the German stock market has had a fairly quiet week. Professionals have reacted by covering short positions. Of the 5 percent of respondents, 4 percent are on the sidelines. As is usually the case when it comes to limiting losses, Joachim Goldberg suspects. Private individuals have also closed short positions, but the majority of those who have switched have moved into equities.

The behavioral economist does not regard the sentiment indices of +4 and +20 points as negative optimism. He expects demand from the remaining bears from 22,600/650 DAX points. On the upside, he expects the bulls to start selling at 23,650/700 points. As long as international capital continues to flow in, the environment will remain favorable.
 

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.