by Chris Kimble | Oct 29, 2024 | Kimble Charting
Utilities stocks have been surging higher this year. Once thought of as a conservative hedge-like allocation for investors, Utilities have been performing like tech stocks of late. Can this rally continue? Today, we draw your attention to a long-term “monthly” price...
by Chris Kimble | Oct 25, 2024 | Kimble Charting
The stock market performs best when risky assets are being bought by investors. This is what investors call “risk on”, as it points to the animal spirits that often fuel bull markets. Today we highlight one of those risky assets (junk bonds) and compare it to the...
by Chris Kimble | Oct 23, 2024 | Kimble Charting
The U.S. treasury bond market is one of largest and most important in the world. And with interest rates becoming a daily topic of conversation with investors, it’s a must-watch now. And even more interesting is that treasury bonds fell (and interest rates rose)...
by Chris Kimble | Oct 10, 2024 | Kimble Charting
The precious metals rally appears to have reached an important juncture. Yesterday I wrote about Silver and a potential inflection point. Today, we turn to the gold miners and the all-important Gold Bugs Index (HUI). Above is a “monthly” chart of HUI. Here we can see...
by Chris Kimble | Oct 9, 2024 | Kimble Charting
Precious metals have been red hot in 2024, with gold and silver rallying sharply and out-performing most assets. I have written several bullish articles about precious metals over the past few years. And while I remain bullish longer term, I am in a wait-and-see mode...
by Chris Kimble | Sep 13, 2024 | Kimble Charting
Precious metals have been big winners in 2024. While Gold may get all the headlines, Silver has performed pretty well too. And things may turn even more bullish if the Silver can breakout above important price resistance! Today we look at a long-term “monthly” chart...
by Chris Kimble | Sep 10, 2024 | Kimble Charting
The past 50 years have seen gold prices trading up and down but within a rising trend channel. Several things impact the price of gold, including the US Dollar, economy, war, uncertainty, etc. Our current environment is filled with concerns about all of the above. And...
by Chris Kimble | Sep 6, 2024 | Kimble Charting
It’s September and the stock market is trading just below all-time highs. BUT, volatility has crept into the equity markets. Uncertain economic data, questions about the Federal Reserve’s next move, domestic politics, and wars abroad are consuming investors. SO, it is...