by Chris Kimble | Sep 26, 2022 | Kimble Charting
The broader stock market has been ravished this year, with several global indices falling into bear markets. And there may be more pain ahead. Today we look at a 10+ year chart of the NYSE Composite. This index is broad-based and an excellent gauge of market health....
by Chris Kimble | Sep 23, 2022 | Kimble Charting
One major theme of 2022 is the Federal Reserve raising interest rates to squash inflation. Case in point, the Fed raised rates another 75 basis points on Wednesday. Will this be enough? What’s to come of interest rates? This brings us to today’s chart where we compare...
by Chris Kimble | Sep 22, 2022 | Kimble Charting
Inflation is at its highest level in several decades and precious metals bulls are patiently waiting for a big win. Geopolitical concerns are also rising with the ongoing Russia-Ukraine war. These factors would appear to be bullish for gold… YET the price of gold...
by Chris Kimble | Sep 20, 2022 | Kimble Charting
The global equities market has been in a tailspin this year. But could it get worse yet? Today we look at a very important piece of the global equities complex: China. Today’s “monthly” chart of the China large-cap ETF $FXI highlights the risk that China may be...
by Chris Kimble | Sep 16, 2022 | Kimble Charting
Junk bonds started sending a negative message to stocks last year, as junk bond ETF JNK broke below it’s 30-week moving average last September. Since falling below this important MA line, JNK has continued to decline, sending a RISK-OFF message to stocks. A...
by Chris Kimble | Sep 15, 2022 | Kimble Charting
Rising prices have hit consumers hard and disrupted balance sheets in corporate America. Even more interesting is that we have inflation while the US Dollar is strengthening! Crazy times. In any event, two of the biggest inputs are energy (gas) and agriculture (food)....
by Chris Kimble | Sep 14, 2022 | Kimble Charting
We have written several times about the importance of technology sector leadership. Better said, when tech stocks are healthy, the broader stock market is usually humming (bullish). But this year has seen the opposite. The Nasdaq 100 and Nasdaq Composite topped late...
by Chris Kimble | Sep 13, 2022 | Kimble Charting
The US Dollar is strengthening along side rising interest rates. In fact, both are rocketing higher as inflation takes root and the European economy (and the Euro) weakens. Today we look for clues via the long-term “weekly” chart of the US Dollar Index. As you can...
by Chris Kimble | Sep 2, 2022 | Kimble Charting
The red-hot run higher in commodities sent inflation soaring higher. And this lead to the Federal Reserve raising interest rates at a fast clip. BUT it appears that the commodities rally may be slowing down (or over). As this data gets prices in, could it lead to...
by Chris Kimble | Sep 1, 2022 | Kimble Charting
The stock market is falling once again, with the S&P 500 Index trading nearly 10 percent lower than its high just weeks ago. In fact, that reaction high occurred this month so the “monthly” candle is creating a very big bearish reversal. You can see this on...
