Stocks Fear & Greed Index

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Track real-time stock market sentiment. Our Stocks Fear & Greed Index combines price strength, VIX, momentum, market breadth and sector rotation into a single 0-100 score, updated daily.

50 /100 NEUTRAL
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Index Components

Historical Trend

How to Read This Index?

0-25: Extreme Fear

Very pessimistic sentiment. Potential buying opportunity.

26-45: Fear

Cautious sentiment. Investors seeking safety.

46-55: Neutral

Balanced sentiment. No clear trend.

56-75: Greed

Optimistic sentiment. Investors taking risks.

76-100: Extreme Greed

Market euphoria. Potential correction ahead.

How This Index is Calculated

The Stocks Index measures sentiment towards equities using 7 components. Combines direct price performance with volatility, breadth, rotation, and cross-asset signals to capture when investors are buying or panicking. All scores from 0-100:

1. Price Strength (20%)

Direct SPY 14-day performance

Measures S&P 500 (SPY) price change over 14 days with a x8 multiplier. SPY +6% = score 100. SPY -6% = score 0. This directly captures buying/selling sentiment. When stocks crash -10%+, this component drives the score to Extreme Fear, signaling panic selling.

2. VIX (20%)

Market fear gauge (CBOE Volatility Index)

Measures expected stock market volatility using a continuous linear formula: score = 90 - (VIX - 10) x 3.2, capped 0-100. VIX 10 = score 90 (extreme complacency). VIX 20 = score 58. VIX 30 = score 26. VIX 38+ = score 0. Smooth transitions eliminate artificial cliff effects between VIX thresholds.

3. Momentum (15%)

RSI + 50-day moving average position

Combines 14-day RSI (70% weight) with price position relative to 50-day MA (30% weight). RSI >70 + Price > MA50 = overbought/bullish = high score. RSI <30 + Price < MA50 = oversold/bearish = low score. Captures technical momentum and trend strength.

4. Market Participation (15%)

Equal-weight vs cap-weight performance (RSP vs SPY)

Compares Invesco S&P 500 Equal Weight ETF (RSP) to SPY over 14 days with a x18 multiplier. RSP outperforming SPY = broad participation across all stocks = healthy greed. SPY outperforming RSP = narrow leadership (only mega-caps rising) = fragile market = lower score. Saturates at +/-2.8% divergence.

5. Junk Bond Demand (10%)

High-yield corporate bonds vs Treasuries (HYG vs TLT)

Compares iShares High Yield Corporate Bond ETF (HYG) to TLT over 14 days. HYG outperforming TLT = risk appetite for junk bonds = greed. TLT outperforming HYG = flight to safety from risky corporate debt = fear.

6. Safe Haven Demand (10%)

TLT 14-day momentum (inverted)

Measures flight-to-safety flows via iShares 20+ Year Treasury ETF (TLT). Rising TLT = investors buying safe Treasuries = fear for stocks = lower score. Falling TLT = investors leaving safe havens = confidence in stocks = higher score.

7. Sector Rotation (10%)

Tech vs Defensive rotation (QQQ vs XLP)

Measures sentiment shift between offensive and defensive sectors via 14-day relative performance with a x5 multiplier. QQQ (Nasdaq-100 tech) outperforming XLP (Consumer Staples) = risk-on = greed. XLP outperforming QQQ = defensive rotation = fear. Saturates at +/-10% divergence.

Full cross-asset methodology and data sources available on the About page.