Extreme Greed
S&P 500 vs 125-day moving average
When the S&P 500 is above its 125-day moving average, that's a sign of positive momentum. Below this average shows investors are getting skittish.
Fear
Net new 52-week highs and lows on the NYSE
The number of stocks on the NYSE at 52-week highs compared to those at 52-week lows. Many more highs than lows is a bullish sign.
Fear
McClellan Volume Summation Index
Volume of NYSE shares rising compared to falling. A low or negative number is a bearish sign.
Extreme Greed
5-day average put/call ratio
When the ratio of puts to calls is rising, investors are growing more nervous. A ratio above 1 is considered bearish.
Neutral
VIX vs 50-day moving average
The VIX measures expected volatility in S&P 500 options over the next 30 days. It tends to be lower in bull markets and higher when bears are in control.
Fear
Yield spread: junk bonds vs investment grade
A smaller spread between junk and government bond yields means investors are taking on more risk. A wider spread shows more caution.
Extreme Greed
Difference in 20-day stock and bond returns
Shows the difference between Treasury bond and stock returns over the past 20 trading days. Bonds outperform when investors are scared.