SENTIMENT: FEAR BAROMETER PLUNGES - GREED & NASDAQ NEAR EXTREMES

Bloomberg reports, the Credit Suisse Fear Barometer has tumbled 25% since the day before the presidential election, while the S&P 500 Index reached an all-time high. The gauge that compares bearish options prices with bullish ones three months from now has dropped to its lowest level since February.

 

So 'Fear' is absent, and as CNN notes, Greed is on the rise...

 

Greed indeed - with Small Caps up and almost unprecedented 15 days in a row. The last time they were this overbought (in 2010), the Russell 2000 fell 21% in the following two months...