Friday, October 12, 2018

10/11/18 Market Update - Fear & Greed Index Only 5

Yesterday the markets fell enough to turn sentiment very bearish which is what we usually need for a strong rally.

Yesterday, the markets were down off their peaks roughly:
  • Dow $INDU down 7.7%
  • S&P500 $SPX down 8.0%
  • Nasdaq $COMPQ down 10.6%
  • Russell 2000 $RUT down 12.9%
The Fear and Greed Index crashing to 5 usually means the markets will be significantly higher soon.


Timer Digest Coverage of My 9/21/18 Newsletter

Needless to say, I used that cash to add to shares during the decline including one of my favorite big name US tech stocks and a beaten down international ETF!

More charts:


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