RE:BNNWhatever investors are worried about right now, those concerns are not showing up in Wall Street's fear gauge. That scares some. On the other hand, it more than likely means that stocks will keep taking things slow and steady. The CBOE Volatility Index .VIX, or VIX, closed on Friday at 11.36, its lowest level since March 2013. That means investors see less risk ahead, particularly with the S&P 500 .SPX ending at a record high again on Friday. With the typically slow summer months just ahead and little on the horizon to shake the market from its current course, investors could be looking at even lower VIX levels, some analysts said. "It's not that there's no likelihood of a correction. It's that people don't perceive anything to derail the train at this point," said Andrew Wilkinson, chief market analyst at Interactive Brokers LLC in Greenwich, Connecticut. "So I think people are beginning to wonder: Are we heading back to single-digit volatility?" The S&P 500's record high and the drop in the VIX are not the only signs that fear is not a factor on Wall Street.