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...
by Chris Kimble | Mar 16, 2020 | Kimble Charting
Is the Nasdaq creating a look-alike pattern similar to the 2000 highs? Last month it did. Will the results be the same? Way too soon to tell! This chart looks at the Nasdaq Composite Index over the past 25-years on a monthly basis. The index created a monthly bearish...
by Chris Kimble | Nov 19, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE This chart looks at the Nasdaq Composite Index over the past 22-years on a monthly basis. The chart highlights that the index has spent the majority of the past 18-years inside of rising channel (1). The rally off the 2009 lows hit the top of...
by Chris Kimble | Jul 30, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE This chart looks at the Nasdaq Composite Index on a monthly basis over the past 20-years, where we applied Fibonacci to the 2000 highs and the 2003 lows. This past month the index was testing the 161% Fibonacci extension level off the...
