Indicators
Where the market stands today. Seven indicators Wall Street reads for fear, valuation and recession, with the source and the full history behind every number.
Six market-data components combined into one number from 0 (fear) to 100 (greed).
Expected volatility of the S&P 500 over the next 30 days, implied by option prices.
The value of all US stocks relative to the annual GDP of the United States.
The S&P 500 price against the inflation-adjusted average of the last ten years of earnings.
The 10-year US Treasury yield minus the 2-year yield. A negative value is an inversion.
The rise of the three-month average US unemployment rate above its low of the last 12 months.
How much extra yield investors demand from risky corporate bonds over Treasuries.
The market as a whole is expensive. Which stocks are not?
Fair Price Index values thousands of stocks against their intrinsic value and shows which ones trade below it right now.
Open Fair Price IndexHow to read market indicators
The seven indicators in the Indicators section say how expensive, frightened or tired the market as a whole is. What the bands mean, why none of them times the market, and how to combine them with the Fair Price Index.
Learn moreThe indicators describe the market as a whole from public data. They say where the market stands against its history, not what it does next month, and each of them has failed before. They are not investment advice. Learn more