At the end of 2014 after the first crash that oil and the energy sector experienced, we posted the chart below. It’s time for an update. In the chart, we show the drops that the Nasdaq and the S&P Homebuilder index experienced following their peaks in 2000 (for the Nasdaq) and in 2005 (for the homebuilders). We also show the drop that the S&P Oil Exploration and Production index has experienced from its high in June 2014. For the Nasdaq and the Homebuilders, we extend the charts until their respective lows were made. As you can see, the Oil E&P group has experienced a similar drop thus far, the only question now is whether it continues lower like the other two did.