Market trading volume is skyrocketing: The daily turnover in the S&P 500 ETF, SPY, has surpassed $60 billion in a record 29 trading sessions so far in 2026. This is already more than the 28 trading days posted for all of 2025. This comes as the market has experienced its most volatile period since the March-April 2025 tariff uncertainty. By comparison, in 2023 and 2024, only 4 such sessions were recorded each year. Before the 2020 pandemic, the record was 14 trading days during the 2008 Financial Crisis. Investors are capitalizing on market volatility.(The Kobeissi Letter)