CHART OF THE DAY: VIX vs SPY vs IVOL

12/07/21 07:59AM EST

Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough. 

The best thing about The ROC (rate of change): the data doesn’t lie – people do.

And how about that episodic-and-non-TRENDING Vol Spike in US Equities (VIX) from last week? Was that the 9th time out of 10 since 2012 where you bought the damn dip with the VIX > 30 and got paid to not panic?

#Yep. Your life time is precious and your Cycle Time is relatively short. Next time you see a TRIPLE DIGIT implied volatility PREMIUM on SPY (vs. 30-day realized) and the US economy is #accelerating, you know what to do.

CHART OF THE DAY: VIX vs SPY vs IVOL - vx

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