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VIX Spikes and the S&P500

Posted By Global Macro Monitor On February 26, 2013 @ 5:54 am In Technical Analysis,Trading | Comments Disabled

Epic 34% spike in the VIX Monday.

The 1oth largest daily percent increase since 1990 and biggest since August 2011, which, at the time was in the midst of a nasty correction/mini bear market.   The S&P500 is only off just under 3 percent from its recent highs made last week.

The following table show the post S&P500 returns after large VIX spikes.

Upshot?  Patience.

 

Feb25_VIX_S&P500_1 [1]

 

(click here [2] if table is not observable)


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URL to article: http://www.ritholtz.com/blog/2013/02/vix-spikes-and-the-sp500/

URLs in this post:

[1] Image: http://macromon.wordpress.com/2013/02/25/vix-spikes-and-the-sp500/feb25_vix_sp500_1/

[2] here: https://macromon.wordpress.com/2013/02/25/vix-spikes-and-the-sp500/

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