Worst day since late september. Arkets just off session lows the s p 500 down 1. 6 , the dow down 1. 5 . The nasdaq down 1. 7 . A big factor is the falling price of oil. That is bringing down Energy Stocks. Nine out of every 10 stocks on the s p are down right now. I want to show you the seasonality function. Seag. We are down 3 for the month of december. So much for the socalled santa rally. The biggest monthly decline since august. We were down by as much as 6. 25 . That 8 gain in october right here, that is a thing of the past. Lows p is now near such a this session lows. Now down by 3. 5 . We saw a leg up when the Consumer Sentiment data came out. David today, the story is about oil. The story has not changed. The main and oil is reason for the route inequities. Down by 3 . The six day in a row that its been falling. Its lowest since february of 2009. Down by nearly 11 . The worst week since this time last year. Much of this has to do with opec setting aside that output quota last
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