Fear & Greed Index Reveals Greed Fueling US Stock Market
Summary
The Fear & Greed Index, which measures investor sentiment based on factors like market momentum and volatility, currently stands at 61 out of 100, signaling that greed is fueling the US stock market's movements and potentially overvaluing stocks.
Key Points
- The Fear & Greed Index gauges stock market movements and whether stocks are fairly priced based on investor sentiment.
- It uses seven indicators like market momentum, stock price strength, and volatility to determine if fear or greed is driving the market.
- The index ranges from 0 (maximum fear) to 100 (maximum greed), with the current reading at 61, indicating greed is driving the US market.