by Chris Kimble | Aug 30, 2023 | Kimble Charting
Several stock market indices and sectors are nearing important trading points within various patterns. But arguably none more important than the major technology indices. Today we highlight the Nasdaq 100 ETF (QQQ) along with the Nasdaq Composite Index. As you can...
by Chris Kimble | Aug 28, 2023 | Kimble Charting
China has the world’s largest population and second largest economy, so it’s always wise to keep an eye on the Chinese economy and stock market. Today we look at the latter, eyeing up a 10-year indecision pennant pattern on the Shanghai Composite Index. As you can...
by Chris Kimble | Aug 25, 2023 | Kimble Charting
Today we discuss one of the technology sector’s darlings. It’s a market leader and a high-flier… it’s Nvidia (NVDA). The stock price recently surged after the company hit a homerun with their recent earnings announcement. But something important seems to be jumping...
by Chris Kimble | Aug 24, 2023 | Kimble Charting
Precious metals have been a bit boring of late due to some sideways trading. BUT that boredom may come to an abrupt end shortly! Today’s chart takes a long-term view of Silver, highlighting a huge price pattern along with potential upside targets (if triggered). As...
by Chris Kimble | Aug 23, 2023 | Kimble Charting
As readers know, we watch leadership sectors daily. And today is no different as we take yet another look at the Semiconductors (SMH). Below is a “daily chart of SMH showing the correction and subsequent rally. We have two very important price areas to watch that...
by Chris Kimble | Aug 21, 2023 | Kimble Charting
Rising interest rates are beginning to spook investors. And rightfully so. It’s been the fastest rise in rates in decades. And just when we thought interest rates were easing, they pushed higher once more! 40 years up and then 40 years down… now what for bond yields?...
by Chris Kimble | Aug 18, 2023 | Kimble Charting
Tech stocks have been leaders once again in 2023 following its broad-based correction into 2022. BUT, we are not out of the woods just yet! Today’s chart looks at the Equal Weight Nasdaq 100 ETF (QQEW) and provides an insightful snapshot of the current state of large...
by Chris Kimble | Aug 15, 2023 | Kimble Charting
Although copper isn’t the economic bellwether that it was 50 years ago, it is still an important barometer of economic activity. As you can see in today’s chart, Copper fell sharply into the 2020 coronavirus crash before racing higher and rallying just as sharply with...
