by Chris Kimble | Nov 20, 2018 | Kimble Charting
This chart looks at Junk Bond Fund (PHDAX) and the S&P 500 over the past 25-years. Junk bonds sent bearish messages “before stocks peaked in 2000 & 2007.” Bearish divergences took place for 24-months in 2000 and 7-months in 2007, prior to stocks...
by Chris Kimble | Nov 13, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE This 4-pack looks at the DJ Home Construction, Banks, Junk Bonds and the S&P 500, highlighting that bearish divergences took place in 1999 and 2007 at each (1). These assets were sending bearish topping messages “BEFORE” the...
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 | Feb 13, 2018 | Kimble Charting
Some of our Financial Planning/RIA customers ask us to send them long-term moving averages on a weekly basis, because it helps them make long-term asset allocation decisions. This 6-pack was created to give perspective on a diverse set of assets. It includes...
by Chris Kimble | Jan 17, 2018 | Kimble Charting
Stock bulls historically like to see Junk Bonds moving higher and get concerned when they are weak. Some view Junk bonds as a leading indicator to where stocks are headed. Some get concerned for stocks when junk bonds reflect a negative divergence to stocks and get...
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...
