The Fear and Greed Index is 42 today
Sentiment: Fear
Things are looking a little dam concerning out there. Fear has taken hold.
Track tanker stocks live on TradingView.
The Fear and Greed Index dropped from 55 at yesterday’s close to 42 today. That is a notable slide in a single session. When the index falls from neutral into Fear territory this quickly, it typically means institutional money is pulling back and retail investors are starting to feel the pinch.
When fear runs the market, tanker stocks often hold steadier than the broader tape. That divergence is worth watching.
Tanker stocks, by their nature, trade on fundamentals that do not always move in lockstep with broad market sentiment. Freight rates, fleet supply, and crude trade flows drive the sector. But sentiment matters at the margin. A fearful market means tighter risk appetite, which can compress valuations even for names with strong earnings power.
For the watchlist names including FRO, DHT, STNG, TNK, HAFN, CMBT, INSW, and ASC, this is a moment to watch price action relative to the rate environment. If tanker equities hold up while the broader index is in Fear territory, that is a signal of sector strength worth tracking.
A Fear reading of 42 is not a panic number, but it is not comfortable either. Watch how the tape reacts into the close.
What is the Fear and Greed Index?
The CNN Fear and Greed Index measures market sentiment on a scale from 0 (Extreme Fear) to 100 (Extreme Greed). It tracks seven indicators including market momentum, stock price strength, stock price breadth, put and call options, junk bond demand, market volatility, and safe haven demand.
Yesterday’s close: 55
Data sourced from CNN Business. Posted automatically by StemGauge every Friday.