Stable week, VIX below 25

Okay so this is the kind of week we have all been hoping for. Stability must occur first in order to think about a sustainable upward trajectory. It is also very encouraging to see the VIX index (fear gauge) below 25 in a continuing downward trend. As we approach the second quarter earnings season, lets look for signs of top line growth and hope that this could be the catalyst to take this market higher.

Have a great weekend.