Mr. Market

A fear & greed index for the stock market, 0–100, from VIX since 1990.

VIX close as of

025507510026Fear
CBOE VIX close, October 23, 2026
  1. Previous close28 Fear
  2. 1 week ago21 Extreme Fear
  3. 1 month ago70 Greed
  4. 1 year ago45 Neutral
Suggested actionLean In

Keep buying, a little more

At 26, Fear. Volatility elevated. Forward returns above baseline.

  1. Keep regular contributions going, and consider bringing the next one forward.
  2. Work through your watchlist: quality businesses trading near their lows.Open Radar →
  3. Don't pause contributions if fear deepens.

Educational only, not investment advice. A rule of thumb from one indicator's history, not a forecast. Your own goals, time horizon and risk tolerance come first.See the evidence behind it

VIX19.45▲ 0.42 (2.21%)
50-day avg
15.94
52-wk low
13.47
52-wk high
31.05
  • 1-Year Position

    50%
    22

    VIX sits at the 78th percentile of its last 252 sessions (13.47–31.05).

  • Trend vs 50-Day

    25%
    18

    Spot 19.45 against a 50-day average of 15.94, a 22.0% gap.

  • Historical Regime

    25%
    40

    Higher than 60% of every VIX close recorded since 1990.

What happened next

S&P 500 returns after each zone.

Contrarian SignalLean In

at 26 · Fear

Volatility elevated. Forward returns above baseline.

S&P 500 over the next 12 months, from this zone
Median
+14.9%
vs baseline
+3.0%
Positive
80%
Worst decile
-15.1%

Educational only — not investment advice. Historical averages from one indicator since 1990; only ~34 independent windows of 12 months, pooled across all zones.

Forward S&P 500 return by zone, 1990–2026.

ZoneSignalSessionsMedianvs baselinePositiveWorst decile
Extreme FearAccumulate1,529+16.2%+4.3%75%-15.5%
FearnowLean In1,775+14.9%+3.0%80%-15.1%
NeutralNeutral1,127+11.4%-0.6%78%-15.6%
GreedNeutral2,336+10.3%-1.6%79%-14.2%
Extreme GreedNeutral1,997+10.0%-1.9%88%-1.1%
All sessionsbaseline8,764+11.9%—80%—

~34 independent windows across all zones, fewer within each — treat small gaps as noise.

The volatility record

Every close since 1990.

Method

High volatility is fear, low is greed.

InputWeightWhat it measures
1-year position50%Percentile of today's VIX within 252 sessions
Trend vs 50-day25%Gap to the 50-day average, capped at ±35%
Historical regime25%Percentile against every preceding close
  • No sell rung. Extreme greed has the mildest downside of any zone and the best 6- and 12-month hit rate.
  • No look-ahead. The regime percentile expands forward, so 1995 is never ranked against 2020.
  • One input. No breadth, momentum, put/call or credit spreads.
  • Not advice. Sentiment describes the present; it does not forecast returns.