ELI5: How is systemic weakness/oil glut not priced into oil stocks by this point, and how is weakness in oil stocks not priced into markets?

I don't understand how the market gets surprised day after day that oil is still plunging and that causes a panicked selloff market-wide.

Submitted January 20, 2016 at 09:30AM by TitsMcGrits http://ift.tt/1ZBoT11