CNN Money tracks the emotion driving the market each week. This week, traders and investors seem pretty balanced, rating a “Neutral” on the CNNMoney Fear & Greed Index.
The index considers the following factors:
- Stock price strength
- Junk bond demand
- Stock price breadth of volume
- Market momentum
- Safe haven demand (appetite for bonds as opposed to stocks)
- Put and call options
- Market volatility
The index measures a scale of emotions from “extreme fear” to “extreme greed.” A week ago, the index showed “greed” driving market activity; a year ago at this time it was “fear.”
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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