Where the market stands today
- Fear & Greed27, Fear
- Volatility (VIX)16.1, calm
- S&P 500 regimeUptrend
- Sector breadth2 of 11 bullish
Measured conditions, not a forecast, and not advice to buy or sell.
The US stock market currently reads 6 out of 10, neutral.
One score from four independent reads: CNN’s Fear & Greed index at 27, the VIX at 16.1, the S&P 500 against its 200-day average (uptrend), and how many sectors are trending up. Each read is shown separately above in its own units, and the formula that combines them is printed on this page with today's arithmetic, so the score can be recomputed rather than taken on trust.
Updated 2026-10-02
How the four reads combine
Sentiment data through 2026-10-02; trend and breadth read each series’ own latest bar, through 2026-09-30. The score is dated by the older of the two.
What the 1–10 scale means
The score reads the market backdropon a 1–10 scale, where 1 is as bearish as it gets and 10 as bullish: high means calm, trending, broad markets; low means stressed, downtrending, narrow ones. It is a description of conditions, not a recommendation to buy or sell anything.
The contrarian reading of sentiment runs the other way: on that view a frightened market is a cheap one, so Fear & Greed turns to trim and then to sell as it climbs, while this score rises with it. That is why each component carries its own label rather than being folded into the headline.
A missing feed is excluded from the average, never scored as neutral, the same abstain-don’t-substitute rule as everything else on this site.
Sector rotation
The 11 SPDR sector ETFs, native-USD trailing returns, leaders first. “Trend” is each ETF’s own 50/200-day moving-average state, the breadth component above is the share of these that read bullish.
| Sector | ETF | 1w | 1m | 3m | Trend |
|---|---|---|---|---|---|
| Information Technology | XLK | +1.6% | +6.1% | +9.5% | bullish |
| Communication Services | XLC | -3.5% | -1.4% | +0.3% | bearish |
| Energy | XLE | +0.2% | -2.0% | +17.8% | bullish |
| Health Care | XLV | -2.2% | -2.5% | +1.5% | mixed |
| Industrials | XLI | -0.1% | -3.7% | -8.3% | mixed |
| Consumer Staples | XLP | -1.7% | -5.5% | -5.5% | mixed |
| Utilities | XLU | +0.8% | -6.0% | -13.3% | bearish |
| Consumer Discretionary | XLY | -1.4% | -6.7% | -7.1% | bearish |
| Financials | XLF | -2.0% | -7.4% | -3.9% | mixed |
| Real Estate | XLRE | -2.3% | -7.8% | -8.9% | mixed |
| Materials | XLB | -2.3% | -7.9% | -6.7% | mixed |
How the score is computed
Each read maps to 0–1: Fear & Greed is the index divided by 100; VIX scores 1.0 at 10 or below and 0.0 at 30 or above, linear between; the S&P regime scores Uptrend 1.0, Recovering 0.65, Weakening 0.35, Downtrend 0.0 (price and 50/200-day averages on the index’s own currency); breadth is the share of sector ETFs in a bullish state. The composite is the plain average of whichever components have data, scaled to 1–10. That’s the whole formula, if you disagree with a weighting, you can see exactly what to disagree with.
Today: Fear & Greed 0.27 + Volatility (VIX) 0.69 + S&P 500 regime 1.00 + Sector breadth 0.18 = 0.54 averaged over 4, scaled to 6/10
What it is not: a timing signal. A high score describes calm: markets have spent years at 8, and a low one describes stress that has sometimes been the best moment to invest of a decade. If you want to know what acting on any rule would have done, test it on real prices.
The link always shows the current reading, not a snapshot.