by Chris Kimble | Mar 8, 2021 | Kimble Charting
Could China be sending an important message to stocks around the world? Very possible! This chart looks at the Shangai Index on a monthly basis since the early 2000s. The index has peaked twice in the past 6-yeas at its 50% Fibonacci retracement level. These peaks...
by Chris Kimble | Mar 5, 2021 | Kimble Charting
Technology is at the heart of our economy… the same way that industrials were 100 years ago. And that leadership has been present in the stock market for the past two decades. Today’s chart illustrates this… as well as a potential “pause” in that leadership vacuum....
by Chris Kimble | Mar 4, 2021 | Kimble Charting
The waterfall decline of bond yields (and interest rates) has been met with an equally steep rally. In fact, the 10-Year US Treasury bond yield is up 131% in 45 weeks, making it the biggest rally in 50 years! See the chart below. Earlier today we asked if the 40-Year...
by Chris Kimble | Mar 3, 2021 | Kimble Charting
The bull market in bond prices has steady, durable, and trustworthy. Over the past 40 years, if investors could count on anything, it was rising bonds and falling bond yields (interest rates). But this trend / dynamic may be changing… The post pandemic spike lower in...
by Chris Kimble | Mar 2, 2021 | Kimble Charting
After years of underperformance, the Semiconductors Sector (SMH) turned the tables in 2016, becoming a market leader. And today, the Semiconductors are looking to further cement that leadership role. Today’s long-term “monthly” chart highlights the ratio of...
by Chris Kimble | Mar 1, 2021 | Kimble Charting
The past 8-months have been great for the broad markets, the same cannot be said for Gold Miners. Gold Miners ETF (GDX) has lost nearly a third of its value since peaking last August. This decline has taken place inside a bullish rising channel, that started at the...
by Chris Kimble | Feb 24, 2021 | Kimble Charting
Inflation seems to be a thing of the past… but current trading in bond and commodity markets tell us that it could become a thing of the future! Inflation hasn’t been an issue, or even on our radar, since the 1980s. Sure, the 2007 surge in oil prices offered some...
by Chris Kimble | Feb 23, 2021 | Kimble Charting
For much of the past decade, large cap tech stocks have been a real bull market leader. Investors have gobbled up shares of the likes of Apple (AAPL), Amazon (AMZN), Alphabet (GOOGL), Netflix (NFLX), Microsoft (MSFT) to name a few. But those large cap tech names have...
