Dax-Sentiment: Anleger bleiben optimistisch – Warum das keinen Kursanstieg garantiert
Im Umfeld von hohen Ölpreisen und steigenden Zinsen fühlen sich Anleger zunehmend unwohl. Doch sie glauben weiterhin an eine Wiederaufnahme der Aktien-Rally, zeigt die Handelsblatt-Umfrage.
The DAX index has ended its losing streak after three consecutive weeks of losses. Despite posting a modest 0.4% gain at the end of the trading week, analysts warn that this rise could merely be a pause in a downward trend rather than a reversal. The weekly Trade Newspaper sentiment survey of over 10,000 private investors provides insights into investor sentiment.
Current sentiment remains negative, with a slight deterioration from -2.2 to -2.3. Negative extremes start at -4.0 points, where "fear and panic" set in. While there is no severe sentiment issue, a negative feeling persists. Factors like high oil prices and interest rates contribute to uncertainty among investors, which remains unchanged at -3.1 points.
Extreme values also start at -4.0. Market consolidation is viewed as a gradual process, not a reversal. The slight increase in DAX could not be considered a market reversal but rather a consolidation phase. Optimism in the market is helpful during a minor technical correction but may not suffice for a rally if new market conditions arise, such as higher interest rates.
Despite many investors being ready to exit positions, the investment readiness remains low. Heibel concludes that while optimism alone doesn't guarantee a rally, sentiment theory doesn't suggest the consolidation phase is over yet.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
