by Chris Kimble | Jan 6, 2023 | Kimble Charting
Oil prices surged on news of the Russian invasion, as investors knew the energy sector would be significantly effected by the war. But for how long? Looking at the “monthly” chart below of crude oil it appears “not for that long”. Note that we highlighted crude oil’s...
by Chris Kimble | Jan 5, 2023 | Kimble Charting
Despite a 33% decline in the Nasdaq, this key stock market index remains inside of this 13-year rising channel. Barely. Today’s long-term “weekly” chart of the Nasdaq Composite Index highlights just how tenuous the bull market is right now. And why investors need to...
by Chris Kimble | Dec 20, 2022 | Kimble Charting
The past 5 days have seen another strong wave of selling across tech and growth stocks. Even more alarming is that tech stocks continue to underperform the broader market. And, as I have said many times, tech stocks have been a market leader for two decades… so it...
by Chris Kimble | Dec 14, 2022 | Kimble Charting
If you haven’t already learned, the financial markets can change on a dime. Trends and themes are good until they are not. This is why we use technical analysis to alert us when price is reversing or at risk of reversing. Today we turn out attention to the US Dollar...
by Chris Kimble | Dec 13, 2022 | Kimble Charting
The financial markets have been volatile this year, to say the least. And much of the volatility has been tied to inflationary concerns and rising interest rates via the Federal Reserve. That said, we’ve come to a point in time where it appears that inflation may be...
by Chris Kimble | Dec 8, 2022 | Kimble Charting
Technology stocks lead the broader stock market on the way up… and, more recently, on the way down. And within the technology arena, the same is true for the Semiconductors Sector (SMH). To better understand the market’s direction (or change of direction) we watch the...
by Chris Kimble | Dec 7, 2022 | Kimble Charting
The past few years have seen extreme volatility in the bond market, which equates to similar volatility in interest rates. And it all started with the onset of coronavirus. The initial panic decline in bond yields (interest rates) was followed by a surge that lasted...
by Chris Kimble | Dec 6, 2022 | Kimble Charting
Considering our national debt and the debts of companies and consumers, it’s obvious that the bond market is critical to our economy. This is likely why the Investment Grade Bond ETF (LQD) started to sputter last year, well before the bear market in stocks this year....
