by Chris Kimble | Jun 18, 2019 | Kimble Charting
Could the Staples sector and the yield on the 10-year note be on the verge of sending an important message to the stock and bond markets? It sure looks that way. Staples ETF (XLP) is currently attempting to break above the January 2018 highs at (1). If it does, it...
by Chris Kimble | Aug 6, 2018 | Kimble Charting
The consumer has always been a good gauge of the U.S. economy. Similarly, investors can gauge the health of the stock market by looking at consumer stocks. One way to gauge this is to look at the ratio of the Consumer Discretionary Sector ETF(NYSEARCA: XLY) to...
by Chris Kimble | Jan 20, 2015 | Kimble Charting
CLICK ON CHART TO ENLARGE The Staples/Discretionary ratio has been in a steady downtrend since 2009, which reflects investors have been comfortable with risk, pushing more money towards discretionary holdings (risk on trade). A falling resistance line has been...
by Chris Kimble | May 15, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Defensive stocks started to reflect relative strength to Discretionary stocks back in 2000 & 2007 and when they did, the S&P 500 ended up falling in price. Is a “defensive” breakout taking place in the lower right...
by Chris Kimble | Jun 4, 2013 | Kimble Charting
CLICK ON CHART TO ENLARGE A couple of dollars runs through the hands of Target, Wal-Mart, Lowe’s and Home Depot. Each of these stocks have done well over the past few years for sure. Now each of these leading retails stocks are up against resistance lines they...
by Chris Kimble | Jun 1, 2013 | Kimble Charting
CLICK HERE TO WATCH INTERVIEW We discuss why we are shorting the Nikkei (EWV up 20% in 8 Days), what message Lumber and home builders is sending, Double top in the NYSE with margin debt in the danger zone, new Eiffel Tower patterns forming and break downs in Kimble...
by Chris Kimble | Jun 1, 2013 | Kimble Charting
CLICK ON CHART TO ENLARGE If you see the left side of an Eiffel Tower pattern, you often end up experiencing the right side of the tower too! Eiffel Tower patterns have lead to much lower prices in a wide variety of assets. The 4-pack below reflects prior completed...
by Chris Kimble | May 11, 2013 | Kimble Charting
CLICK ON CHART TO ENLARGE Consumer Discretionary and Consumer Staples ETF’s have been white hot over the past 5 years. The table below reflects that Staples (XLP) has gained over twice and Discretionary (XLY) three times as much as the S&P 500 over the...
