by Chris Kimble | Sep 20, 2021 | Kimble Charting
When Doc Copper speaks, investors should listen. And it may be that time again. The price of copper broke above the $4 mark early this year… but it’s struggled to maintain its momentum and is in a multi-month pullback. Today’s chart is a “weekly” chart of Copper. And...
by Chris Kimble | Jul 28, 2021 | Kimble Charting
Just as the economic recovery is picking up steam, there are mixed messages coming from inflation data as well as the equities (breadth) and bonds markets (yields). Enter the commodities market… here we can find several key economic inputs that are elevated, and some...
by Chris Kimble | Jul 14, 2021 | Kimble Charting
The price of Copper continues to be an indicator for the economic recovery, as well as emerging inflationary concerns. We’ve seen Copper prices rip higher over the past several months (similar to 2009/2010). On one hand, this is signaling (and underscoring) the...
by Chris Kimble | Jun 16, 2021 | Kimble Charting
The Federal Reserve is meeting this week and the talk of the town is inflation. Will they raise interest rates to combat rising prices? One of the focuses of rising prices is commodities? Soft commodities, hard commodities, energy, food, you name it has been up over...
by Chris Kimble | May 21, 2021 | Kimble Charting
The price of copper has long been a bellwether indicator of the U.S. economy. Rising copper prices signified economic growth (industry) and often tied to interest rates and potential inflation. That said, globalization, deflationary forces (the rise of technology),...
by Chris Kimble | Jan 15, 2021 | Kimble Charting
The broader commodities market is enjoying a multi-month rally that has seen momentum carry over into early 2021. One area of commodities that’s seen a big lift is the metals space. We hear a lot about gold and silver, but how about copper? One look at today’s chart...
by Chris Kimble | Oct 21, 2020 | Kimble Charting
The Doc Copper/Gold ratio broke above a 2-year falling channel back in 2016 at (1). Following this breakout, it rallied for the next year. During that year, Copper related assets did very well! The ratio peaked in the summer of 2018 and created a series of lower highs...
by Chris Kimble | Sep 24, 2020 | Kimble Charting
Inflation has long been a word that the Federal Reserve uses but the general markets have forgotten about. Why? Well because it’s been virtually non-existent for years. Key indicators like commodities (i.e. copper) have been in a down-trends and the Materials Sector...
