by Chris Kimble | Aug 27, 2015 | Global Dashboard, Kimble Charting
CLICK ON CHART TO ENLARGE If one takes the highs of 1987 and the lows of 2003 and ties them together and then projects a line into the future, you get line (1). The Dow hit line (1) and its Fibonacci 161% level in May and the Dow could make no more upward progress...
by Chris Kimble | Aug 26, 2015 | Global Dashboard, Kimble Charting
The majority of the worlds stocks markets have been in an uptrend the past few years. The global stock market sell off now has the majority of these stock markets testing bull market support channels right now. CLICK ON CHART TO ENLARGE As you can see from the 6-pack...
by Chris Kimble | Aug 20, 2015 | Kimble Charting, Metals
CLICK ON CHART TO ENLARGE This chart looks at the S&P 500/Gold Bugs ratio over the past 20-years. As you can see the ratio trended lower from 2000 to 2011, reflecting that the Gold Bugs index was stronger than the S&P 500 for over a decade. Over the past...
by Chris Kimble | Aug 19, 2015 | Global Dashboard, Kimble Charting
The broad markets (S&P 500 & NYSE) have been diverging against the Advance/Decline line since May. Why did this start in May? Below looks at the NYSE A/D line, based upon Common stocks only. The line peaked in May and has been diverging since. CLICK ON CHART...
by Chris Kimble | Aug 12, 2015 | Kimble Charting, Metals
CLICK ON CHART TO ENLARGE This chart looks at the S&P 500/Gold Bugs (HUI) ratio over the past 20-years. The ratio fell for almost 11-years (2000 to 2011), meaning it paid to be long gold miners and short the S&P 500 in a big way during this time frame. Over...
by Chris Kimble | Aug 11, 2015 | Kimble Charting, Sector / Commodity
CLICK ON CHART TO ENLARGE Barron’s has been bullish equities for a good while and they have been on track with this call! Now they are suggesting to “Buy Commodities.” Are they on track again? The chart above looks at the Thompson/Reuters Commodity...
by Chris Kimble | Aug 6, 2015 | Global Dashboard, Kimble Charting
CLICK ON CHART TO ENLARGE Is Crude Oil on its way to much lower prices? A year ago Crude Oil started a bear market, as it broke below multi-year support, taking it below a support line that has been in play for the past 7-years. After a 50% decline, a counter trend...
by Chris Kimble | Jul 21, 2015 | Kimble Charting, Metals
CLICK ON CHART TO ENLARGE Mining stocks had a rough day yesterday to say the least. Popular mining ETF GDX fell almost 11% yesterday, hitting all-time lows. Does falling 10% or more happen very often? The above chart looks at Gold Bugs Index (HUI) and looks at times...