I noticed that too about a lot of things. NEXT HOUSING CRASH. NEXT HURRICANE. some people love doomsday when it comes to anything.
Nope. Will take it when we flip to extreme greed. we just moved up to fear from extreme fear.. https://www.cnn.com/markets/fear-and-greed
hahah. I am not saying to depend on that meter as your only meter but it's a good gauge for overall sentiment. Unless you are trading, none of it matters. Buy and hold quality companies.
Waiting on the regional war to start so I can buy the dip. Can I get some chips with that dip? Chip dip to dippa my chippas.
Better get prison calls like Burry so you'll have money to leave the country during the war, instead of sitting and waiting for stocks to go up like the doomed.
My SIL who believes JFK Jr, Elvis and Princess Diana are all still alive. You should hear the side stories. I finally had enough of her spamming my inbox with truly unbelievable trash. The last straw before being blocked was JPM and BOA have just declared bankruptcy. I mean come on...just google that...it won't be a secret. They have been doomsdayers forever. On Y2K, they sold all their cattle to hunker down. They bought 6 generators and had a trailer of wheat buried. So an ice storm hits them hard in mid Dec 1999 and I'm thinking well they should be ok. Nope - no fuel. LOL Classic! I don't understand how they have made it all these years.
I have wondered about the accuracy or how they are calculating that. I mean it seams like we're pretty greedy out there right now but hey that's ok by me. I mean throw PEs out because people are going to invest in something regardless of the price. Stocks or land. Stocks are easier because you can buy small chunks all the time of anything on your phone. Land takes a chunk of cash and luck of someone selling at a decent price - and you have to be moderately patient to cash in. I've made good money on both but I just keep buying more and more stocks. Drops - I'm just buying lower. Highs - I'm buying something everyone wants. As they say, "It's not timing - it's time" That said - I will be taking some profits early next year to sock away in the bank. I'll be retiring soon and not every year is going to be a good market year. Up years, take from the market. Down years, take from the bank Adjust levels as needed.
scroll down.. momentum is greed but rest are all fear.. It’s useful to look at stock market levels compared to where they’ve been over the past few months. When the S&P 500 is above its moving or rolling average of the prior 125 trading days, that’s a sign of positive momentum. But if the index is below this average, it shows investors are getting skittish. The Fear & Greed Index uses slowing momentum as a signal for Fear and a growing momentum for Greed.
I used to work for JPM. They are one of the most conservative banks out there. They will be be of the last ones standing
