Tech led a broad green day while Bitcoin reclaimed $73K — but the Crypto Fear & Greed sitting at 12 has me more cautious than the price action suggests. Here's how the day actually played out.
Green day on the surface, but I'm not chasing this. The S&P closed at $6,886 (+1.02%) and Tech ripped +2.10% — Finance wasn't far behind at +1.75%. If you were long large-cap growth into today's session, you're sitting well. I held my index position and didn't touch it. That was the right call. The 10Y yield dropping to 4.297% gave equities room to breathe, and with DXY slipping to 98.40, risk assets found a bid. Makes sense mechanically.
But here's where I pump the brakes. Bitcoin at $73,224 looks exciting on the surface — +3.51% on the day. Except the Crypto Fear & Greed Index is at 12. Extreme Fear. That's not a number you see during healthy bull runs. That's a number you see when retail is getting wrecked and smart money is the only one buying. I'm not adding to my BTC position here. I want to see that index climb back above 25 before I size up.
Gold pulled back to $4,766 (-0.43%) and silver got hit harder at -0.97%. I'm not reading too much into one session of weakness in the metals. My bullion position is long-term and I'm not selling $75 silver. Utilities got crushed (-1.21%) which tells me this rally is risk-on rotation, not defensive positioning. That's consistent with the stock Fear & Greed sitting at 41 — Fear, but not Extreme Fear. There's still a bid out there.
Scanner was dead today. No setups matched my criteria, which on a Monday isn't shocking. Tomorrow I'm watching for any low-float names that gap up on RVOL above 5 in the $3–$12 range. If Tech consolidates at open, that's the environment where small-caps can rip. I'll be at my desk pre-market. Today I'd grade as a B — positions performed, discipline held, but I left the session wanting more clarity before deploying new capital.
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Not financial advice. Do your own research.