VIX Signals Traders Want Proof It’s Safe to Buy the S&P 500 Dip

(Bloomberg) — As stocks staged a powerful rally on Monday after President Donald Trump eased off his threats on Iran, the message among some money managers was clear: don’t get comfortable just yet. Concern that more volatility may lie ahead was on display in Wall Street’s chief fear gauge, the VIX Index, which barely budged from its perch above 26 as the S&P 500 Index (^GSPC) jumped almost 1.2% in its best day in a month. And a measure comparing the number of stocks moving up versus down on a second-by-s ...