For VIX Index, It's the Time of the Season to Move Higher: Chart

(Bloomberg) -- The VIX Index may just be starting to rally from a record low set last month, according to Jeff Hirsch, editor of the Stock Trader’s Almanac and the Almanac Trader newsletter. In past years, the Chicago Board Options Exchange Volatility Index showed a tendency to hit bottom in July and rebound through October, according to data compiled by Bloomberg. Hirsch highlighted the VIX’s track record in a blog posting Wednesday.