Newsig · Seeking Alpha
Goldman's Panic Index logged third-largest daily drop in 3 years
Market context: VIX: Goldman's Panic Index is a measure of market stress/volatility; a third-largest daily drop signals sharp easing of fear. Bearish for VIX — a large drop in the panic index indicates fear is rapidly subsiding, supportive of risk assets. SPY: A sharp drop in the panic index suggests easing market stress, which is typically supportive of equity prices. Bullish for equities as fear subsides; complements the declining volatility signal.
Why it matters
VIX (VIX Volatility) · Why linked: Goldman's Panic Index is a measure of market stress/volatility; a third-largest daily drop signals sharp easing of fear. Market context: Bearish for VIX — a large drop in the panic index indicates fear is rapidly subsiding, supportive of risk assets.
SPY (SPDR S&P 500 ETF) · Why linked: A sharp drop in the panic index suggests easing market stress, which is typically supportive of equity prices. Market context: Bullish for equities as fear subsides; complements the declining volatility signal.
How SPY usually react
This story is too recent for its own reaction record — we score each asset against the actual price move 24h after publication. These are the long-run figures across every event we have tracked for them.
| Asset | Events | Avg max move | Closed lower |
|---|---|---|---|
| SPY | 10 | +0.67% | 70% |
Curated by Newsig — News in. Signal out.
How the reaction data is measured · Editorial policy