Energy $XLE only 2.77% of $SPY $SPX so really meaningless anymore.. even less in $QQQ &amp; $IWM.. but real impact could be the jobs lost in the industry if oil $USO stays down here for too long.. can "flow" over to the banks.. esp regionals $KRE &amp; the scammiest co of all time $WFC. https://t.co/zQ8aU3PYzR