by Chris Kimble | Aug 30, 2023 | Kimble Charting
Several stock market indices and sectors are nearing important trading points within various patterns. But arguably none more important than the major technology indices. Today we highlight the Nasdaq 100 ETF (QQQ) along with the Nasdaq Composite Index. As you can...
by Chris Kimble | May 24, 2023 | Kimble Charting
Technology stocks continue to lead the broader market higher. Without them, who knows where the stock market would be!! Today’s chart highlights Tech’s leadership, along with it’s long-term rising trend. Below you will see a “weekly” chart of the Nasdaq Composite. As...
by Chris Kimble | Apr 20, 2023 | Kimble Charting
As we have pointed out several times, tech stocks have lead the the bull market since the financial crisis. And today’s chart highlights that as well as crucial 14-year bull market support. Below is a “weekly” chart of the Nasdaq Composite. As you can see, the Nasdaq...
by Chris Kimble | Nov 17, 2022 | Kimble Charting
Tech stocks have had a dismal year in 2022 leading the stock market lower. But a broad gauge of the tech universe, the Nasdaq Composite, has reached a critical support area… and all investors would be wise to take notice. Above is a “weekly” chart of the Nasdaq. As...
by Chris Kimble | Jul 26, 2022 | Kimble Charting
The major stock market indices have spent much of the first half of 2022 engulfed in a bear market that has eaten away any investor gains experienced last year. Stock market bulls are anxious that a trading low is forming but recent volatility has clouded short-term...
by Chris Kimble | Mar 15, 2022 | Kimble Charting
Over the past several months, growth stocks have begun to fall behind value stocks. And this theme can easily be seen in the growth-oriented Nasdaq Composite. Technology stocks have been a market leader for much of the past two decades. But this trend/theme appears to...
by Chris Kimble | Oct 29, 2020 | Kimble Charting
Technology is the lifeblood of our current economy and dictates future innovation. The sector has also taken a primary leadership role in the 11-year bull market. But, as most of you are aware, that doesn’t mean that tech stocks are always smooth sailing. In fact, the...
by Chris Kimble | Oct 28, 2020 | Kimble Charting
Stock market volatility has turned higher as the month of October has wore on. And now that we are just one week away from the elections, it appears that investors are showing their uncertainty through the price action on the major U.S. stock market indices. In...