by Chris Kimble | May 12, 2021 | Kimble Charting
Red hot Ark ETF (ARKK) has cooled off of late, losing over 30% of its value. Is it about to fall another 30%? If this pattern is correct, it is possible it does! ARKK looks to have formed a bearish descending triangle over the past 14-weeks. Currently, it is testing...
by Chris Kimble | May 11, 2021 | Kimble Charting
One of the most exciting and relentless investing trends of the past 4 years is the strength in growth stocks versus value stocks. But that trend is in jeopardy… and may be signaling caution to the broader market as high beta growth stocks continue to slide in 2021....
by Chris Kimble | May 8, 2021 | Kimble Charting
Okay, so we are having a little bit of fun here… but this really is a massively bullish pattern for Gold. And we have been tracking this Gold cup with handle pattern since early 2020. Read our last update here. As you can see in the “monthly” Gold chart above, the...
by Chris Kimble | May 4, 2021 | Kimble Charting
Transportation-related stocks tend to be economically sensitive. So it was no surprise to see them fall sharply last March as the COVID-19 coronavirus gripped our news and nation. But since bottoming last year, the Dow Jones Transportation Average and Baltic Dry...
by Chris Kimble | Apr 30, 2021 | Kimble Charting
A weaker US Dollar is a good thing for assets like commodities. So it shouldn’t be any surprise that commodities have been very strong over the past several months while the Dollar has been weak. Today we look at a “weekly” chart of the US Dollar Index and highlight...
by Chris Kimble | Apr 29, 2021 | Kimble Charting
Commodities prices have risen rather sharply over the past 12-18 months, adding to worries of pricing pressure and inflation. As you can see in the chart above, businesses are taking note. The word “inflation” is being mentioned at a record rate by S&P 500...
by Chris Kimble | Apr 23, 2021 | Global Dashboard, Kimble Charting
Banks and financial stocks are at the heart of every economy and play an important role in bull markets. While they may stumble or lag the broader stock market, they are always on the radar of macro investors. A breakout or steady up-trend (on any time frame) is a...
by Chris Kimble | Apr 20, 2021 | Kimble Charting
For the past 19-years, the Nasdaq Composite Index has been stronger than the S&P 500. Is this trend about to change? This chart looks at the Nasdaq Composite Index/S&P 500 ratio since 1997. It peaked in 2000 and fell like a rock, as tech stocks fell...
by Chris Kimble | Apr 19, 2021 | Kimble Charting
Commodities have been the talk of the town over the past several months, with grains, energy, and metals reaching new multi-month highs over the 12 months. And this has lead to concerns over input costs… and inflation. That’s where today’s chart comes into play. It is...
by Chris Kimble | Apr 15, 2021 | Kimble Charting
Long-dated treasury bonds have been crushed over the past year, sending ETFs like TLT (20+ Year US Treasury Bond ETF) spiraling over 20%. Improving economy? Inflation concerns? Perhaps a combination of both… interest rates have risen sharply and thus bond prices have...
