Volatility Index (VIX) Closes Below 14 for 24 Sessions, Dances Around 12.4, Long at 12.35

The Volatility Index (VIX), often referred to as the fear gauge, has seen a significant decrease, closing below 14 for 24 consecutive trading sessions. This marks only the 24th time since 1990 that the VIX has maintained such low levels for an extended period. Historically, such low volatility periods have been associated with bullish stock market trends. Recently, the VIX cooled off by over a percent to be just over 14, and further eased by 3.5 percent to end below 14. The VIX was also observed dancing around 12.4, and there was a long position at 12.35.