This Complacent Market Could Be an Incredibly Bullish Sign: StockTwits
NEW YORK (TheStreet) -- Is this the death of volatility in the markets? The S&P 500 VIX Volatility Index (VIX.X) is down more than 40% over the last 2 years. And the market only seems to be getting more complacent.
Is that a good thing? Or is it a precursor to an enormous crash?
One remarkable fact remains true, and everyone should be aware of it. The S&P 500
In 1995, the S&P 500 did not have a 1% up or down day for more than 90 straight days. That is simply stunning. It also turned out to be a precursor of the giant 1990s bull market. The S&P 500 went from 600 in 1995 to over 1,500 at the peak of the dot-com bubble in 2000. Just take a look at the chart below, and prepare to be mesmerized:At the time of publication, the author held no positions in any of the stocks mentioned. This article represents the opinion of a contributor and not necessarily that of TheStreet or its editorial staff. Does Monsanto's Stock Price Account for All the Potential Risks? Micron Tech, Sandisk Lead These 15 Semiconductor Stocks in the SOX Radient Pharma: RIP Provectus Admits Cash Running Low, Financing Coming Soon
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