by Chris Kimble | Jan 11, 2024 | Kimble Charting
When interest rates fall, bond prices rise. And while it has been some time since we’ve been able to say interest rates are dropping, the past few months have done just that. The pullback in interest rates is coinciding with investors optimism that the Federal Reserve...
by Chris Kimble | Sep 29, 2022 | Kimble Charting
When stocks are showing weakness, we can learn a lot by watching the credit markets. And in today’s case, Junk Bonds and the ETF $JNK. Better yet, today we share 2 charts to better illustrate was is happening in the broader markets. The first chart is the Junk Bonds...
by Chris Kimble | Apr 3, 2019 | Kimble Charting
Are junk bonds sending a rare bullish message to stocks of late? They are giving it a try! This chart compares Pimco Junk Bond Fund (PHDAX) with the S&P 500 over the past few years. Looking back to last fall, Junk Bonds and the S&P 500 both peaked at...
by Chris Kimble | Aug 14, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE Above compares the Pimco High Yield Fund (PHDAX) to the S&P 500 over the past 20-years. Junk bonds diverged from the S&P 500 for nearly 24-months, prior to stocks peaking in 2000. Junk bonds diverged from the S&P 500 for nearly...
by Chris Kimble | Feb 15, 2018 | Kimble Charting
Some times Junk bonds can give quality hints to the next short & long-term move in stocks. Junk bonds look to be sending both of those signals again. The next two charts share long and short-term perspectives and opportunities in the junk space. Below compares...
by Chris Kimble | May 25, 2017 | Kimble Charting
So Goes Junk, So Goes Stocks? Most of the time this is true. Stocks historically want to see Junk moving higher, not diverging against them. Below looks at Junk Bond ETF JNK over the past few years. CLICK ON CHART TO ENLARGE JNK started heading lower back in 2014,...
by Chris Kimble | Mar 14, 2017 | Kimble Charting
This past week the bull market in stocks, celebrated its 8-year anniversary, off the March 2009 lows. The bull trends off the lows in 2009 are still solidly in play, as key indices remain inside of long-term rising channels. Make no mistake the series of higher lows...
