Odaily Planet Daily reports: The Kobeissi Letter stated on X that the U.S. stock market demonstrated unprecedented resilience in 2026, and this year may become the first full year in at least three decades without a single day of more than 80% declining volume on the New York Stock Exchange (NYSE).
An "80%+ NYSE downside-volume day" refers to a day when at least 80% of the volume on the New York Stock Exchange comes from declining stocks, typically seen as a significant signal of broad selling pressure in the market.
Data shows that during the 2008 global financial crisis, the NYSE recorded 49 such trading days; during the 2022 bear market, there were 33; and in 2025, there were 9. Since 1997, this indicator has averaged approximately 21 occurrences per year, and there has never been a full year with fewer than five occurrences.
Kobeissi Letter noted that, as of now, there has been little broad-based selling pressure in the 2026 market, indicating relatively limited investor selling and a market structure with strong support. The current U.S. stock market is demonstrating "unprecedented resilience," but this phenomenon also implies that market risks may be more concentrated in potential future liquidity shifts or unforeseen events.