History shows that similar spikes in the VIX have been good entry points for stocks. (Bloomberg) -- As traders rattled by this week’s equities cascade ponder what lies ahead, UBS Group AG’s Solita Marcelli remains confident US stocks will continue their upward trajectory in the. The stock market’s benchmark volatility gauge spiked to its highest levels since mid-summer on Friday as the AI-related selloff threatened to erase the S&P 500’s October gains.