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 | 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 | 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...
by Chris Kimble | Aug 27, 2020 | Kimble Charting
A good deal of the time, Doc Copper and Yields tend to move in the same direction. Of late, something strange is taking place! This chart looks at Doc Copper (Green) and the Yield on the 10-year note (Red). Both headed sharply lower and bottomed together in March of...
by Chris Kimble | Aug 11, 2020 | Kimble Charting
Is ole Doc Copper about to ends its 9-year bear market? I suspect we will find out the answer to the question very soon! Doc Copper has created a series of higher lows inside the falling channel (1) since it peaked back in 2011. The rally from the lows in March of...
by Chris Kimble | May 22, 2020 | Kimble Charting
Could ole Doc Copper be sending an important message about the overall health of the global economy and the stock market in the next couple of weeks? It appears it could! This chart looks at Copper futures on a weekly basis over the past 7-years. Doc Copper looks to...
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,...
