by Chris Kimble | May 12, 2022 | Kimble Charting
Commodities have been one of the few winners in 2022. But with elevated commodity prices, consumers are now left with an ugly dose of inflation on everyday costs (food, energy)… And with falling stock prices, they are getting a dose of deflation in their investment...
by Chris Kimble | Apr 29, 2022 | Kimble Charting
In the commodity-currency correlation department, commodity bulls know that a strong Australian Dollar is a tailwind for commodities. Today, we look at both – The Equal Weight Commodity Index and the Australian Dollar Currency – on “monthly” timeframes. And we turn to...
by Chris Kimble | Feb 25, 2022 | Kimble Charting
The CRB Commodity Index has rallied sharply over the past 2 years. And although the index is not near all-time highs, it is getting stretched into overbought extremes. One way to look at whether a security is trading near extreme levels is to check on its % above the...
by Chris Kimble | Nov 10, 2021 | Kimble Charting
From 1999 to 2009, equities under-performed commodities. This culminated with the ’08-’09 Financial Crisis. This was followed up by a 10+ year run of equities out-performance. Are the tables ready to turn yet again? Today’s chart looks at the ratio of the S&P 500...
by Chris Kimble | Aug 3, 2021 | Kimble Charting
This chart was created at Marketsmith.com, where you can learn how to trade with the pros for three weeks for only $9.95 I have written a lot about select commodities and the potential for breakouts across the commodities industry. Recently, I have highlighted key...
by Chris Kimble | Jun 30, 2021 | Kimble Charting
Rewind to March 2020 and things weren’t looking so good for commodities. COVID-19 was in the news and several assets were trading sharply lower. Then came the comeback. And in a big way. Perhaps even concerning way when you fast forward to today. As you can see in...
by Chris Kimble | Jun 2, 2021 | Kimble Charting
Early 2020 marked a 19 year low for the Australian Dollar (Aussie, AU$, etc…), but since that time the currency has been very strong. And, being that the Aussie Dollar and Commodities tend to trend together, this strength has carried over to the commodities market as...
by Chris Kimble | May 19, 2021 | Kimble Charting
Have you talked to a friend, relative, or co-worker recently about the huge run in lumber? Have you had a discussion with these people about inflation? It would be understandable if you have! This chart looks at the Thomson/Reuters Core Commodity Index on a quarterly...
