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, March 1, 2011


The Nasdaq Composite is still the index that is telling the truth. The SPX made a higher high on the gap up this morning but the COMPQ did not.

Bearish day with decent volume, but the down breadth was not very impressive. Not like last week. No lower low yet, so I am still in a 'prove it to me' mode.

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