by Chris Kimble | Oct 28, 2022 | Kimble Charting
With yields trading at elevated levels and stocks trading at depressed levels, it makes sense that junk bonds are not faring well this year. BUT they are trying to re-group for a potential rally… and stock bulls would love to see risk-on “junk” rally. They have their...
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 | Aug 31, 2022 | Kimble Charting
Stocks have been tumbling lately and several indexes are trading in oversold territory on a short-term basis. BUT, the bigger picture continues to be troubling. And one trading ETF / indicator that highlights this is the popular Junk Bond ETF (JNK). Above is the...
by Chris Kimble | Apr 11, 2022 | Kimble Charting
It’s been a crazy last couple of years. And that is probably an understatement. And 2022 is off to a similar start with supply disruptions, surging inflation, and war overseas. Needless to say, stocks are trading lower this year. And, no surprise, junk bonds are...
by Chris Kimble | Sep 1, 2021 | Kimble Charting
2021 has been a great year for equity investors. The Nasdaq 100 and S&P 500 ETFs are up between 20 and 25 percent on the year! But while it’s felt like a risk-on kinda year, there’s been one missing ingredient: Junk Bonds. Something isn’t quite right… In today’s...
by Chris Kimble | Sep 10, 2020 | Kimble Charting
As investors, we have several tools and indicators at our disposal. Whether it is technical indicators such as Fibonacci levels, moving averages, or price supports, or fundamental indicators such as corporate earnings or economic data, we have a lot of information to...
by Chris Kimble | Jan 29, 2020 | Kimble Charting
If the saying “So goes Junk Bonds, So goes stocks” is true, what Junk bonds do in the next couple of weeks could send an important message to stocks! Junk bond ETF (JNK) has created a series of higher lows since June of last year. When JNK moves higher...
by Chris Kimble | Nov 21, 2019 | Kimble Charting
Are junk bonds about to send stocks an important message? It looks like it from this chart! Junk Bond ETF (JNK) has created a series of lower highs and lower lows over the past couple of years, inside of falling channel (1). When it broke support in early 2018 at (2),...
