by Chris Kimble | Mar 9, 2021 | Kimble Charting
Commodities prices have rallied sharply higher into 2021, lead recently by energy and grains. Today, we focus in on one universally important commodity: Crude Oil. As you know, Crude Oil is heavily watched due to its importance to the economy, prospects of inflation,...
by Chris Kimble | Feb 24, 2021 | Kimble Charting
Inflation seems to be a thing of the past… but current trading in bond and commodity markets tell us that it could become a thing of the future! Inflation hasn’t been an issue, or even on our radar, since the 1980s. Sure, the 2007 surge in oil prices offered some...
by Chris Kimble | Feb 8, 2021 | Kimble Charting
Key highs and lows in Crude Oil have been important more than once to stocks over the past 20-years. What Crude Oil does in the near future should influence stocks again! Crude oil since its peak back in 2008, has created a series of lower highs and lower lows inside...
by Chris Kimble | Jan 13, 2021 | Kimble Charting
Is the U.S. Dollar about to collapse? Are Crude Oil prices about to skyrocket? Well if these price movements are to take place, 12-year trends have to change! Since 2008, the US$ has created a series of higher lows and higher highs inside of rising...
by Chris Kimble | Dec 10, 2020 | Kimble Charting
The energy sector is showing signs of life again? Should investors trust this move? We’ll let the price action speak for itself, but it investors should get a signal soon. Today’s chart take a long-term “monthly” view of the Energy Sector ETF (XLE) and highlights the...
by Chris Kimble | Oct 30, 2020 | Kimble Charting
The price of crude oil has been an important indicator of the economy for quite some time. When oil is in demand and performing well, the economy likely is. And when oil is not performing well, the economy likely isn’t either. Taking this one step further, it’s easy...
by Chris Kimble | Jun 4, 2020 | Kimble Charting
Can you believe that Crude Oil has rallied 222% in the past 30-trading days? It’s hard to believe that Crude Oil is trading nearly $75 off its lows, yet the current price is around $36! The chart looks at the Crude Oil continuous contract on a monthly basis for...
by Chris Kimble | Apr 3, 2020 | Kimble Charting
Are we headed towards a Depression or is the worst already behind us? In today’s world, comparisons to the great depression are easy to find. Are the Depression concerns well founded or are the declines of late already pricing in a bottom? In my humble opinion,...