Investors, do you follow the "Fear & Greed Index" when making your decisions?
The indicator tries to give investors an idea of the general mood of the markets. After all, Buffet himself has said this phrase several times: "to be fearful when others are greedy and to be greedy only when others are fearful." So I wonder how important a role this indicator plays in your investing?
I tend to look at the economic calendar. When I see the word Powell there, I focus.😂😂😂😂 Otherwise, I evaluate the situation on the markets just by the macros from the calendar. Of course, that's only one aspect, another is the fair price, for example.
As a complement, great, but I don't follow it.
I watch it occasionally, but I don't take much from it. I just take it as a supplement.