- The bull market in stocks is alive and well despite a slew of reasons to be worried, according to DataTrek Research.
- That’s because the CBOE Volatility Index closed at a new post-pandemic low of 12.8 on Thursday.
- “The ultra-low VIX is telling us that none of these concerns matter enough to offset a fundamentally strong picture for US corporate earnings,” DataTrek said.
The bull market in stocks is alive and well based on the stock market’s fear gauge, according to a Monday note from DataTrek Research.
DataTrek highlighted that the CBOE Volatility Index, better known as the VIX, closed at a post-pandemic low of 12.8 on Thursday, representing its second sub-13 close for all of 2023.
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