The
$VIX just SURGED 40%
Historically, that's been a very BULLISH signal.
After similar volatility spikes:
•
$SPY has been higher 80% of the time 3 months later
• Average 3-month return: 5.5%
• 12-month returns have historically outperformed normal market averages
Fear spikes create opportunity.
I see a market resetting itself after a 9-week run.
This is why wealth is built during red weeks, not green ones.