by Chris Kimble | May 10, 2022 | Kimble Charting
There haven’t been many places to hide during this year’s stock market correction (bear market?). And one of the last hiding places could be in trouble: Energy stocks. And more specifically, the Oil and Gas Exploration Sector ETF (XOP) and the Oil Services ETF (OIH)....
by Chris Kimble | Jan 26, 2022 | Kimble Charting
Energy stocks spent the decade of 2010 to 2020 mired in weakness… but is that trend coming to an end? The past two years have seen the Energy Sector (XLE) surge as Crude Oil has rallied back over $80. Today’s chart is a long-term “weekly” ratio chart of the Energy...
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 | 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 | Dec 9, 2020 | Kimble Charting
When it comes to sectors that have stunk it up over the past decade, Energy ETF (XLE) wins the award! This chart looks at the Energy ETF (XLE)/ S&P 500 ratio on a monthly basis over the past 17-years. The ratio has been creating lower highs and lower lows since...
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 | Oct 13, 2017 | Kimble Charting
Just The Facts- Energy ETF (XLE) has lagged the S&P 500 by a large margin over the past three years, reflected in the chart below- CLICK ON CHART TO ENLARGE The chart above reflects that XLE has underperformed the S&P 500 by nearly 60% over the past three...
by Chris Kimble | Oct 2, 2017 | Kimble Charting
Crude Oil has been moving sharply higher the past few weeks. Last week we shared with Sectors Extreme & Premium members that Crude Oil had created an important pattern to finish the week while hitting an important price point. Below looks at the chart shared with...
