by Chris Kimble | Apr 2, 2012 | Kimble Charting
CLICK ON CHART TO ENLARGE Basic materials is one of the weaker performing sectors over the last year, as IYM is trailing the S&P 500 by almost 20% (FCX by 35%). FCX is on support dating back to its 2009 lows and IYM is in a tight jam, up against falling...
by Chris Kimble | Mar 28, 2012 | Kimble Charting
CLICK ON CHART TO ENLARGE The worlds leading copper producer has underperformed the S&P 500 by more than 40% in the past year and is breaking key support levels at (2). Not only has FCX underperformed against the S&P 500, so has Basic Materials ETF...
by Chris Kimble | Mar 5, 2012 | Kimble Charting
Last week the Power of the Pattern reflected thatBasic Materials were lagging the broad market by a 14% , (since last April highs) and that for the broad market to move higher, the 500 index needed Basic Materials and the Russell 2000 to break resistance in the...
by Chris Kimble | Feb 10, 2012 | Kimble Charting
I am of the opinion it can “Pay To Be Picky” when looking at leadership stocks/ETF’s in the Basic Materials arena. The chart below was shared with Premium Members 10 days ago, reflecting that…An Extremely bearish single day pattern had...
by Chris Kimble | Feb 7, 2012 | Kimble Charting
A unique set of support lines came into play in the chart below on 9/29/2011, which prompted me to share the chart as a quiz. This leader found itself on long-term support, after a 50% decline in a matter of months. (See post here) CLICK ON...
by Chris Kimble | Jan 30, 2012 | Kimble Charting
The chart below reflects the past 60 day returns of the broad market and some very hot sectors. CLICK ON CHART TO ENLARGE Some of these sector ETF’s have doubled to tripled the 500’s performance over the past 60 days. Below is a...
by Chris Kimble | Nov 15, 2011 | Kimble Charting
The chart below was posted on 9/29, representing that key support was at hand and I shared the answer on 10/3 (see post here) CLICK ON CHART TO ENLARGE The chart above reflected that Freeport McMoran/Copper was hitting a key support line dating back almost...
by Chris Kimble | Oct 19, 2011 | Kimble Charting
Basic Materials (IYM), Copper (JJC) and Freeport McMoran (FCX) have declined over twice as much as the 500 index, since the July highs. Watching what the weakest sectors do during declines can give you great clues to the bigger picture. CLICK ON CHART TO ENLARGE...
