Node size is each signal's pull — its distance from neutral. One sit right of centre; reddit mention velocity, collapsed to 3, pulls hardest toward Fear, joined by 5 other signals left of centre. The orange marker is where they net out: 33.
Money moving into stocks rather than the safety of Treasuries signals confidence — Greed. When investors crowd into Treasuries instead, it reads as Fear. Treasuries have outrun stocks over the last 20 sessions.
The extra yield investors demand to hold risky high-yield bonds over safe ones. Narrow spreads mean appetite for risk — Greed; widening spreads signal Fear. Spreads are tight right now.
The VIX measures the swings investors expect. A calm market trading below its volatility trend reads as Greed; spikes above it read as Fear. Volatility is currently elevated.
The S&P 500 against its 125-day average. Trading above the average is positive momentum — Greed; slipping below it shows investors turning skittish — Fear.
The gap between 10-year and 2-year Treasury yields, a proxy for risk appetite. A steeper curve leans Greed; a flat or inverted curve leans Fear. The curve is flat or inverted right now.
Mention-weighted FinBERT sentiment across the subreddits we track. Net-bullish chatter reads as Greed, net-bearish as Fear. The crowd leans bearish.
Total mention volume against its 30-day baseline. A surge in chatter signals euphoric Greed; a collapse signals apathy and Fear. Volume has fallen sharply — at 3, it is the strongest single pull toward Fear on the index, nearly offsetting the credit and safe-haven greed above.