the S&P 500 is 4.76% above its 125-day average. This distance above the average has been typical for this index during the last two years and does not indicate either fear or greed.
Last changed Jun 4 from a Greed rating
Updated Jun 5 at 4:35pm
Stock Price Strength
Fear
The number of stocks hitting 52-week highs exceeds the number hitting lows but is at the lower end of its range, indicating fear.
Last changed Jun 4 from a Neutral rating
Updated Jun 5 at 4:01pm
Stock Price Breadth
Fear
The McClellan Volume Summation Index measures advancing and declining volume on the NYSE. During the last month, approximately 11.02% more of each day's volume has traded in declining issues than in advancing issues, pushing this indicator towards the lower end of its range for the last two years.
Last changed Jun 4 from a Neutral rating
Updated Jun 5 at 4:06pm
Junk Bond Demand
Fear
Investors in low quality junk bonds are demanding 2.66 percentage points in additional yield over safer investment grade corporate bonds. This spread is higher than what has been typical for the last two years and indicates that investors are risk averse.
Last changed Jun 4 from a Neutral rating
Updated Jun 5 at 4:00pm
Put and Call Options
Extreme Fear
During the last five trading days, volume in put options has lagged volume in call options by 35.13% as investors make bullish bets in their portfolios. However, this is still among the highest levels of put buying seen during the last two years, indicating extreme fear on the part of investors.
Last changed Jun 4 from a Fear rating
Updated Jun 5 at 5:06pm
Safe Haven Demand
Extreme Fear
Stocks have outperformed bonds by 1.14 percentage points during the last 20 trading days. However, this is close to the weakest performance for stocks relative to bonds in the past two years and indicates investors are starting to flee risky stocks for the safety of bonds.
Last changed Jun 4 from a Neutral rating
Updated Jun 5 at 3:59pm
Market Volatility
Extreme Fear
The CBOE Volatility Index (VIX) is at 17.50, 26.30% above its 50-day moving average and indicates that investors are concerned about the near-term values of their portfolios.
.
