S&P 500 On Track for 7th Quarter of Gains

The video discusses the S&P 500's performance from 1998 to 2014, highlighting a seven-quarter winning streak, its longest since 1998. The S&P rose by 39% during this period, outperforming the MSCI All Country World Index. Despite some negative trends, such as a rise in the VIX index and a dip in September, the S&P has shown resilience with no four-day losing streaks this year and a stable performance over the past three years.

What is the significance of the VIX index mentioned in the text?

What are some positives mentioned about the S&P 500 in the text?