iPath S&P 500 VIX Short Term Futures ETN ( VXX) -1.9% U.S. indices are kicking off the new week on a subdued note. With Europe managing to stay relatively out of the spotlight, investors have turned their attention to earnings season, which is slated to get started with Alcoa ( AA) after the close. This environment is boding poorly for the fear-tracking VXX. This product is yet to see its first day of positive action in 2012. All prices as of 2:14 PM EST. Written by Don Dion in Williamstown, Mass.