Key points
S&P 500 path after same-day VIX and VVIX spikes, 6 cases since 2007 ｜ Up one month later in all six (avg +2.3%), but higher only 4 of 6 at three months, with 2018 and 2021 down 6.8% and 4.8%
Image source: @neilsethinew
2026-11-09
After Joint VIX and VVIX Spikes, the S&P 500 Was Higher One Month Later in All 6 Cases, Averaging +2.3%