Fear & Greed Index beta

The S&P 500 is 8.86% above its 125-day average. This is further above the average than has been typical during the last two years and rapid increases like this often indicate extreme greed.

Last changed May 2 from a Greed rating

Updated May 10 at 4:37pm

Investors in low quality junk bonds are demanding 2.55 percentage points in additional yield over safer investment grade corporate bonds. This spread is much lower than what has been typical during the last two years and indicates that investors are pursuing higher risk strategies.

Last changed May 1 from a Greed rating

Updated May 10 at 3:59pm

Stocks have outperformed bonds by 4.70 percentage points during the last 20 trading days. This is close to the strongest performance for stocks relative to bonds in the past two years and indicates investors are rotating into stocks from the relative safety of bonds.

Last changed May 9 from a Neutral rating

Updated May 10 at 3:59pm

The McClellan Volume Summation Index measures advancing and declining volume on the NYSE. During the last month, approximately 18.04% more of each day's volume has traded in advancing issues than in declining issues, pushing this indicator towards the upper end of its range for the last two years.

Last changed May 9 from a Greed rating

Updated May 10 at 4:08pm