Despite a spike in the VIX (VOLATILITYINDICES:^VIX), also called the Volatility Index or, unofficially, the "fear index," on news of the Cyprus bank bailout, it's still trading well below its average. While it may sound positive that market volatility and investor fear are thought to be very low at the moment, in this video Fool analysts Austin Smith and Eric Bleeker discuss how unusually low market volatility can often precede a major market correction. And with the Dow Jones Industrial Average (DJINDICES:^DJI) continuing to hit one record high after another despite the news out of Cyprus, more and more analysts are fearing that a pullback could be just down the road. Austin tells investors how to thrive in a market like this, and how to find where to invest today.

Austin Smith owns shares of Apple and Intel. Eric Bleeker, CFA, has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Apple and Intel. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.