Overall Market Much Weaker than Most Think

Tuesday March 29,2016

Here is a screen shot of what I am tracking at finance.yahoo

 

 

The DOW is only down .44%. But

Weatherford down 3.27%

EEP a pipeline operator down 2.43%

Cullen Frost, recall the weak international banks in the last post, is down 5%

Cliff Natural Resources down 5%

USO the oil ETF is down 3.43%

bottom Line, deflation is taking hold big time but it is masked by a few stocks holding the DOW and NASD much higher

The result is liable to be that when the DOW and NASD play catch up to the rest of the market the drop will be dramatic.

Cullen Frost Two Hour Chart

Danger, Start of a Collapse!