By Jamie McGeever

ORLANDO, Florida, Feb 5 (Reuters) - "Bouncebackability."

This Britishism is generally connected with cliche-prone soccer managers trumpeting their teams' ability to react to beat. It's not likely to find its way throughout the pond into the Wall Street crowd's lexicon, however it completely sums up the U.S. stock market's durability to all the obstacles, shocks and whatever else that's been tossed at it just recently.

And there have actually been a lot: U.S. President Donald Trump's tariff flip-flops, stretched appraisals, extreme concentration in Big Tech and the DeepSeek-led turmoil that just recently cast doubt on America's "exceptionalism" in the global AI arms race.

Any one of those problems still has the prospective to snowball, causing an avalanche of offering that might press U.S. equities into a correction or perhaps bear-market territory.

But Wall Street has ended up being incredibly resistant since the 2022 rout, specifically in the last six months.

Just look at the artificial intelligence-fueled chaos on Jan. 27, spurred by Chinese start-up DeepSeek's revelation that it had established a large language model that might attain comparable or better results than U.S.-developed LLMs at a portion of the expense. By many steps, the marketplace relocation was seismic.

Nvidia shares fell 17%, slicing nearly $600 billion off the company's market cap, the biggest one-day loss for any company ever. The worth of the wider U.S. stock exchange fell by around $1 trillion.

Drilling much deeper, experts at JPMorgan discovered that the rout in "long momentum" - basically buying stocks that have been carrying out well recently, such as tech and AI shares - was a near "7 sigma" relocation, or 7 times the basic discrepancy. It was the third-largest fall in 40 years for this trading method.

But this legendary relocation didn't crash the market. Rotation into other sectors sped up, and around 70% of S&P 500-listed stocks ended the day greater, suggesting the broader index fell just 1.45%. And purchasers of tech stocks soon returned.

U.S. equity funds attracted nearly $24 billion of inflows recently, innovation fund inflows hit a 16-week high, and momentum funds drew in favorable flows for a fifth-consecutive week, according to EPFR, the fund streams tracking firm.

"Investors saw the DeepSeek-triggered selloff as an opportunity rather than an off-ramp," EPFR director of research study Cameron Brandt composed on Monday. "Fund streams ... recommend that a lot of those investors kept faith with their previous presumptions about AI."

PANIC MODE?

Remember "yenmageddon," the yen bring trade volatility of last August? The yen's abrupt bounce from a 33-year low against the dollar sparked worries that investors would be forced to sell assets in other markets and countries to cover losses in their substantial yen-funded bring trades.

The yen's rally was extreme, on par with past monetary crises, and the Nikkei's 12% fall on Aug. 5 was the greatest one-day drop because October 1987 and the second-largest on record.

The panic, if it can be called that, spread. The S&P 500 lost 8% in 2 days. But it disappeared rapidly. The S&P 500 recovered its losses within two weeks, and the Nikkei did similarly within a month.

So Wall Street has actually passed 2 big tests in the last six months, a duration that included the U.S. governmental election and Trump's go back to the White House.

What explains the durability? There's nobody apparent answer. Investors are broadly bullish about Trump's financial agenda, the Fed still seems to be in alleviating mode (for now), the AI frenzy and U.S. exceptionalism stories are still in play, and liquidity abounds.

Perhaps one crucial motorist is a well-worn one: the Fed put. Investors - a number of whom have invested a great portion of their working lives in the age of extraordinarily loose monetary policy - might still feel that, if it actually boils down to it, the Fed will have their backs.

There will be more pullbacks, and dangers of a more prolonged decline do appear to be . But for now, the rebounds keep coming. That's bouncebackability.

(The viewpoints revealed here are those of the author, akropolistravel.com a writer for Reuters.)

(By Jamie McGeever; Editing by Rod Nickel)