by Chris Kimble | Jan 27, 2022 | Kimble Charting
Commodities were already in a slump when coronavirus hit in 2020. That crash sent commodities to the lowest levels in decades. A quick economic rebound led to a return of demand which in turn led to shortages in 2021 and into 2022. So now what? Well, if you look at...
by Chris Kimble | Dec 21, 2021 | Kimble Charting
Over the past 18 months, I’ve penned several articles about traceable commodity breakouts and rising commodities prices… and inflation risks. With each breakout came more inflation pressures. And today, we continue to battle high energy, food, and housing prices. But...
by Chris Kimble | Oct 15, 2021 | Kimble Charting
When crude oil prices rise, investors typically think of an improving global economy. But when crude oil price rise sharply (by a large amount over a short duration), investors worry about supply issues and/or inflation. Today, both concerns are becoming more and more...
by Chris Kimble | Oct 6, 2021 | Kimble Charting
The coronavirus crash in the spring of 2020 left crude oil and natural gas prices decimated. An energy crisis was but a remote thought as oil and gas traded at multi-year lows. Fast forward to today and what a difference 18 months makes! Prices have surged. Late last...
by Chris Kimble | Aug 4, 2021 | Kimble Charting
Several commodities have been on a tear higher over the past 18 months. This list of commodities includes crude oil. As a key economic input, crude oil is more than just a tradable asset. Crude oil is an excellent indicator for the economy as well as a commodity to...
by Chris Kimble | Jun 1, 2021 | Kimble Charting
Is Crude Oil about to blast off and hit much higher prices? It might be worth being aware of what could be taking place this month in this important commodity! Crude Oil has created lower highs over the past 13-years, since peaking back in 2008, along line (1). It...
by Chris Kimble | May 20, 2021 | Kimble Charting
The past several months have seen the price of crude oil rise substantially. This isn’t all that surprising given that the economy is slowly recovering from last year’s COVID-19 shutdowns. Currently, crude oil is trading near $65. That doesn’t seem all that important…...
by Chris Kimble | Apr 29, 2021 | Kimble Charting
Commodities prices have risen rather sharply over the past 12-18 months, adding to worries of pricing pressure and inflation. As you can see in the chart above, businesses are taking note. The word “inflation” is being mentioned at a record rate by S&P 500...
