VIX Spikes and the S&P500

February 26, 2013 5:54am by

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.

(click here if table is not observable)

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