According to The Kobeissi Letter, the S&P 500 index has experienced 2% price moves in either direction on 23% of trading days in 2025, equating to at least once per week, making it one of the most volatile years in recent history. This level of volatility is the highest since 2022, which saw a 29% full-year rate. For traders, this extreme volatility signals expanded risk and opportunity, increasing the importance of position sizing, stop-loss strategies, and short-term momentum trading. Source: The Kobeissi Letter (Twitter, April 27, 2025).