The Kobeissi Letter: There have been no major selling days in the US stock market in 226
The Kobeissi Letter analysis points out that the US stock market has shown strong resilience in 2026, making it the first year in at least 30 years without a NYSE trading volume decline of over 80%. A day when more than 80% of the trading volume on the NYSE falls refers to a day when at least 80% of the trading volume on the NYSE comes from falling stocks. This occurred 49 times in 2008, 33 times in 2022, and 9 times in 2025.