A device that I take advantage of in gauging the sentiment of the U.S. markets is CNN’s Concern & Greed Index (https://version.cnn.com/markets/fear-and-greed). Offered in a semicircular odometer-style chart on a scale of 100, the index has 5 areas, particularly: Excessive Concern, Concern, Impartial, Greed and Excessive Greed. CNN makes use of seven indicators in deriving the numbers, that are defined intimately within the hyperlink supplied above, and the index is up to date as quickly as new knowledge from the indications can be found.
Screenshot of CNN Concern & Greed Index. Supply: CNN, 8 Mar 2024
As proven within the historic numbers, the index could be unstable as properly, and may change inside simply days or even weeks aside; on 1 Apr 2024, the index was at 71, which was at “Greed”, and by 19 Apr 2024, it dropped to twenty-eight which was “Concern”. For the interval in context, the markets have been
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