Stock Market hits its highest level of Greed since March 13 and is on the verge of Extreme Greed!

by
Sharing is Caring!

This index measures investor sentiment and is based on seven different indicators:

  • Stock Price Momentum: The S&P 500’s current level compared to its 125-day moving average.
  • Stock Price Strength: The number of stocks hitting 52-week highs versus those hitting 52-week lows on the NYSE.
  • Stock Price Breadth: The McClellan Volume Summation Index, which measures the volume of advancing and declining stocks.
  • Put and Call Options: The ratio of put options (bets that stocks will fall) to call options (bets that stocks will rise).
  • Market Volatility: The VIX (Volatility Index), which measures expected price fluctuations in the S&P 500.
  • Safe Haven Demand: The difference in returns between stocks and Treasury bonds over the past 20 trading days.
  • Junk Bond Demand: The spread between yields on investment-grade bonds and junk bonds.
See also  First, a car mows down people at a Christmas Market, now a woman catches fire—media fails.
See also  Corporate insider buying is at its lowest since 2010. Private jobs are in full economic collapse already. The correction is going to be historic.

Sources:

https://www.cnn.com/markets/fear-and-greed

https://markets.businessinsider.com/news/stocks/fear-greed-index-remains-in-extreme-greed-zone-s-p-500-surges-24-in-2023-1032935828

h/t IAmNotAnEconomist


138 views