September 15, 2023

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

No Fear

Please click here for a chart of volatility index (VIX).

Note the following:

• VIX is the fear gauge of Wall Street.
• The chart shows that VIX has fallen to the lowest level in two years.
• The fall in VIX is on the longest streak since 2017 – 118 consecutive days without back to back closes over 20.
• The VIX has closed under the 200 day moving average for 123 days in a row. This is the first time this is happening since 2009.