Do not believe the gentle calm of the SPY. I think all holy hell is about to break loose. One of the reasons is that if you actually look at stocks – – individual stocks – you can see the erosion, breakdown, and rot taking place. Below are a sampling of eight securities which, until recently, were just peaches ‘n’ cream. Now they suck out loud, and they’ve got miles to go before they sleep. These are representative of the fissures happening beneath the surface.