As of October 1, 2025 the NAAIM Index is relatively unchanged. Investment Manager’s appear to be positioned for sudden changes in the markets.
In the background, the CNN Fear & Greed Put/Call Ratio hit a low at the close with a reading of 0.57 on September 19, 2025. Investors are holding a significant number of call options as tech stocks rallied during the last half of September. Put/Call Ratio readings between November 2024 and mid-February 2025 are similar to what was recorded between July and September 2025.
The daily close for the Fear & Greed Index also indicates a drop in the markets is expected to be similar to December 2024.
Note that this information is for educational purposes only and not a recommendation.
Data source: NAAIM Exposure Index
Stock charts courtesy of StockCharts.com.
