by Chris Kimble | Jan 27, 2017 | Kimble Charting
If I told you that some assets have done really well post election, would that surprise you or the majority? Nah! What assets have done well post election or seem to be in the news of late? A strong rise in Banks, Materials, Energy and Interest Rates are just a few...
by Chris Kimble | Jan 25, 2017 | Kimble Charting
Since last summer, the Power of the Pattern has been sharing regularly, how important the price action in the DAX Index (Germany) and European banks, could be to the risk on trade in the states. Below looks at European Financial ETF (EUFN)- CLICK ON CHART TO ENLARGE...
by Chris Kimble | Jan 20, 2017 | Kimble Charting
Consumer Confidence of late has continued to move higher, now reaching above the highs hit back in 2007. Long-Term S&P 500 returns are far below historical norms, when confidence is this high. We are not saying that high consumer confidence means the market is at...
by Chris Kimble | Jan 13, 2017 | Kimble Charting
Over the past 60-days, financial stocks have done well. Over the past 60-days, regional banks have been stellar performers, out producing larger banks and the broad market, by a large percentage. From a risk on stock perspective, seeing large and regional banks do...
by Chris Kimble | Dec 28, 2016 | Kimble Charting
The 4-pack below looks at the S&P 500, Russell, Transports and the Bank Index CLICK ON CHART TO ENLARGE The trend on each of these is up. Each is testing breakout levels at (1). The risk on trade in stocks would love to see each of these “TAKE OUT”...
by Chris Kimble | Dec 23, 2016 | Kimble Charting
Below looks at the Bank Index/S&P ratio. When the ratio is moving up, banks are stronger than the broad market. When the ratio is moving lower, banks are under performing the broad markets. Unless one lives under a rock, you are most likely aware of how strong the...
by Chris Kimble | Dec 8, 2016 | Kimble Charting
Most quality rallies in stocks, have historically seen banks come along for the ride. Up until a couple of months ago, Banks had been a disappointment to many, as they had lagged the broad market for the prior 18 months. Below looks at the Bank Index (BKX) over the...
by Chris Kimble | Nov 22, 2016 | Kimble Charting
Rate sensitive assets have experienced rare moves since July. Government bonds (TLT), Utilities (XLU) and Real Estate (IYR) have fallen hard, as interest rates have risen of sharply. Have rates hit a peak or are they just getting started, on a much greater move much...