VIX Vapo Rub! VIX Explodes Last Monday (Only Two Other VIX Episodes Higher Than 60)

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I have another use for VIX … to wipe out stock market gains. VIX is the S&P 500 volatility index, also known as “The Fear Index.”

Over the last 35yrs, the whole life of VIX history, there have only been 2 prior episodes of VIX trading >60: The 1st was during GFC, the collapse of Lehman, the 2nd episode occurred during Covid and we had a 3rd occurrence: that was last Monday.

VIX … wiping out stock returns!

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