I analyze macroeconomic issues from a fundamental perspective, and I analyze market behavior from a technical perspective. Original macroeconomic analysis can be found here and both macro analysis and commentary can be found on my Caps blog. If you like or appreciate my analysis, please add yourself to my Following List

Tuesday, December 27, 2011

Dec 27

There continues to be a lot of comparison between now and early/mid 2008, and I continue to say that the comparison is not appropriate. There are some similarities, but there are quite a large number of differences. One of those differences are sector behaviors.

In 2008 nearly everything (with the exception of Staples and Utilities) was showing weakness all together. But right now the market is much more mixed compositionally. Both Technology and Consumer Discretionary are still holding up fairly well, pretty much two of the last sectors that should if we are entering into a crash phase.



My $0.02 at any rate.
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