With the VIX indicator moving to a six-month high, investors may want to consider gradually pivoting toward defensive stocks. To be clear, I’m not suggesting hitting the panic button. However, it makes sense to respond to a potentially significant dynamic. Besides the rising VIX – otherwise known as the fear index – the benchmark S&P 500 fell below the 5,000 level. As Lawrence G. McMillan, president of MacMillan Analysis mentioned, this breach “changes the investment picture to a large extent.” Further, the ...