Wall Street’s biggest fear gauge is fading. That means investors may want to buy the dip: Chart of the Day
On Monday, the S&P 500 (^GSPC) erased its Iran struggle drop and climbed again above its prewar closing degree. The CBOE Volatility Index (^VIX) tells the identical story. It surged above 30 in the early days of the struggle — a zone usually related to acute market stress — and is now again to a…