🚨 THE FEAR & GREED INDEX JUST HIT ITS LOWEST LEVEL OF 2026
And I don’t think we’ve seen the worst of it yet.
The index is sitting at 33, deep in fear territory.
This is the most bearish sentiment reading of the entire year.
Most people are going to see this as a buying opportunity.
But I wouldn’t be so sure.
Here’s why:
THE SPEED OF THE DROP
One week ago this index was at 50.
It dropped 17 points in seven days.
That kind of velocity doesn’t happen in a healthy market.
That happens when the smart money is repositioning and retail hasn’t figured it out yet.
A month ago we were at 55. A year ago we were at 43. We’ve already blown through last year’s floor.
THE BUFFETT TRAP
Wall Street loves to recycle the “be greedy when others are fearful” quote every time there’s a dip.
They conveniently leave out that Buffett is sitting on record cash right now.
He’s not buying this market, he’s watching it.
The people telling you to buy the dip are the ones who need your liquidity to exit their positions.
It’s a distribution play, plain and simple.
WHAT I’M WATCHING
We haven’t even entered extreme fear yet, that’s below 25.
I’m monitoring the VIX, put/call ratios, and junk bond spreads for the signal that confirms the next leg down.
Sure, we might see a relief bounce here and there, that’s completely normal.
But don’t confuse a dead cat bounce for a recovery.
The rest of the week will be extremely volatile. But don’t worry, I’ll update you everyday.
I’ve been in this game for more than 20 years. I’ve been telling you since early January that I think a crash is coming sometime this year.
When I start deploying A LOT of my capital, I’ll say it here publicly because I want you to win.
Many people will wish they followed me sooner.