Infovest21 Sentiment Survey: Managers most positive about oil over next three months

Results of Infovest21 ’s quarterly sentiment indicator survey conclude that managers’ views on most markets are slightly positive over the next three months.

In one case, NYMEX Oil, 50% of managers felt the market would move up significantly. In twelve markets, the majority of the managers view the markets as moving up slightly while in one market, the majority of managers expect the market to be down slightly.

The twelve markets in which the majority of managers felt the markets would move up slightly, ranked by percent, are: Yen (72%), 30-Year Fixed Mortgage Rate (56%), Consumer Price Index (53%), Nikkei 225 Stock Average (50%), FTSE 100 Stock Average (44%), Comex Gold (39%), Pound (39%), Euro (38%), DJ Stoxx (33%), 10 Year Treasury (28%), S&P500 (28%) and Dow Jones Industrial Average (28%).

In the DJ Corporate Bond Index, over half of the managers felt the market would move down slightly over the next three months.

Geography and sectors
In ranking geographic market opportunities, 39% of the managers felt the US had the highest level of market opportunities followed by China as cited by 17% of the managers. Canada, Latin America and South America tied for third place at 11% each.

Within Asia, the managers ranked China, Hong Kong and then India as the top three locations with the most interest.

Looking at sectors, commodities, energy/basic materials, and technology garnered the most interest as cited by 28%, 22% and 17% of the managers respectively.

Full results appear in the current issue of Investor Focus.