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Wednesday, October 30, 2024

Stock Panic-Buyers Reach “Extreme Greed”… But…

Courtesy of ZeroHedge. View original post here.

Forget "greed," US equity market investors are now in "extreme greed" according to CNN's Fear and Greed meter.

Does this go to '11'?

Soaring to 2-year highs…

With every subcomponent screaming exuberance…

*  *  *

There's just one problem with all this exuberant greed-mongering…  

Someone is hedging the breakout to record highs in size…

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