Fear and Greed Index

The number is an uninteresting 44. But, the components–Oh my!

The volatility and put/call components also not interesting–both neutral. But the bond components, junk bond signals extreme fear and safe haven is greed. The stock components are stock price strength, extreme greed and stock price breadth, extreme fear. The tie breaker is stock price momentum which signals fear.

The breadth is signaling a negative forecast for stocks, but the index shows the fear due to declining volume in the broad market.

The market sentiment just shows confusion, IMO. That means to me that the BMR has weak support.

The comfort of 50% cash?