Dave Landry takes a one-minute look at the stock market in his video for March 17.

Due to the recent sharp increase in volatility, it is a good time to evaluate the health of the broad market.

During Wednesday’s North American session the same ingredients were in play that produced the flash crash of May 6 last year - this time in a more slow-motion fashion, which in some respects is more ominous.

The stock market indices suffered big losses today, and although a late rally did bring them back, they fell back again in the last 15-20 minutes to close not far off the session lows.

Over in Japan, they injected another 21 trillion yen into their economy.

Dave Landry takes a one-minute look at the stock market in his video for March 16.

The market demonstrated signs of resiliency on Tuesday but it would be a stretch to consider the overall action as healthy for stocks.

The stock market indices began the day today with a really big gap down. The foreign markets fell as a result of the Japan disaster, and the Japanese Nikkei dropped 10.6 percent, or more than 1,000 points as well.

The Bank of Japan poured a record amount of cash into the financial system and doubled the size of its asset-purchase program to shield the economy from the effects of the nation’s strongest earthquake on record.