Fear gauge retreats, momentum lifts off the floor: a week of damage, a hint of repair
Add Incrementally. Fear is retreating but not gone — this week's selloff created real entry points without clearing all the risk.
November 6, 2026 at 12:01 PM EST
Justification
Fear is retreating but not gone — this week's selloff created real entry points without clearing all the risk. The VIX, Wall Street's fear gauge, fell to 24.0 from 26.9, while RSI, a momentum gauge, climbed to 38.2 from 33.5 — both moving in the right direction. The 10-year Treasury yield eased 0.12 percentage points over two weeks, giving stocks a small tailwind. Add small positions in beaten-down areas; keep Technology on a short leash until the VIX drops back below 20.
Since the Last Issue
- VIX fell from 26.9 to 24.0 since the prior issue, easing but still above its one-year average of 18.1
- RSI climbed from 33.5 to 38.2 since the prior issue, moving out of near-oversold territory
📡 Today's Opportunity Radar: NLR · XBI · SMH. Full ideas in the Opportunity Radar section below.
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