It is unusual for stocks to close down on Friday. It’s even more unusual for stocks to finish the week down. Not only did stocks finish the day and week down but they did so near the lows. This too is highly irregular as typically the markets bounce hard off the lows even if they finish the session or week down. Today I’d like to delve into the specifics of what the market is telling us. The market is telling us that something BAD is brewing in the economy. While it’s true that stocks no longer have a close relationship with the economy (stocks will often rally on both bad and good economic news), certain sectors are HIGHLY correlated to economic activity. And they all are flashing major warnings.