by Chris Kimble | Jun 21, 2017 | Kimble Charting
Bio-tech used to be an upside leader over the broad market coming off the 2009 lows. Bio-tech gave up its leadership back in 2015, where it peaked and started under performing the broad market. Over the past 15-months, Biotech has started acting a little better. Below...
by Chris Kimble | Aug 9, 2016 | Kimble Charting
If one was to look for stocks that have been crushed, Valeant Pharmaceuticals (VRX) comes to mind. How bad has it been for VRX? How about a 90% decline in less than a year. The decline in this stock might have something to do with the Bio-Tech sectors huge under...
by Chris Kimble | Aug 8, 2016 | Kimble Charting
If one happened to buy Bio-Tech ETF (IBB) last summer, its been a bummer. From July of 2015 until June of 2016, IBB had lost over a third of its value. Is this bummer about to end? CLICK ON CHART TO ENLARGE This chart looks at IBB over the past 9-years. IBB remained...
by Chris Kimble | Jun 21, 2016 | Uncategorized
CLICK ON CHART TO ENLARGE Bio-Tech was tons stronger than the broad markets from 2011 to 2015 at (1) above. Once support broke and Bio-Tech kissed the underside of resistance at (2) above, sellers stepped in and this leading upside sector, now has been a leader to the...
by Chris Kimble | May 17, 2016 | Kimble Charting
Over the past year, a few sectors (Transports, Bio-Tech, Banks and Russell 2000) have been weaker than the broad markets. For the broad market to move higher, “Risk On” traders/investors want these weak sectors, to start reflecting some strength. Below...
by Chris Kimble | May 12, 2016 | Kimble Charting
Bio-Tech and Tech have been stock market leaders for years and years. Below looks what these leading sectors are doing of late. CLICK ON CHART TO ENLARGE Bio-Tech/SPX ratio (left chart above) broke below 5-year rising channel last year at (1). NDX/SPX ratio (right...
by Chris Kimble | Mar 9, 2016 | Kimble Charting
CLICK ON CHART TO ENLARGE Bio-tech (IBB) was a leader on the upside from 2009 to 2015. Since last summer, its been a leader in the opposite direction, on the downside. When the ratio broke at (1) to start the year, Premium Members “Double Shorted” Bio-Tech...
by Chris Kimble | Dec 4, 2015 | Kimble Charting
CLICK ON CHART TO ENLARGE The Power of the Pattern has been sharing with members for months, that what the DAX Index in Germany and Bio-Tech does, has a large impact, on the broad markets in the states. The chart above looks at the DAX index over the past few years....
