by Chris Kimble | Dec 13, 2022 | Kimble Charting
The financial markets have been volatile this year, to say the least. And much of the volatility has been tied to inflationary concerns and rising interest rates via the Federal Reserve. That said, we’ve come to a point in time where it appears that inflation may be...
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 | Sep 16, 2022 | Kimble Charting
Junk bonds started sending a negative message to stocks last year, as junk bond ETF JNK broke below it’s 30-week moving average last September. Since falling below this important MA line, JNK has continued to decline, sending a RISK-OFF message to stocks. A...
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 | Feb 26, 2022 | Kimble Charting
Before major market pullbacks, it is common to see internal market disconnections or divergences. And they often go on for much longer than investors think they will. Today we look at high yield junk bonds and when this asset diverges from the broader equities market....
by Chris Kimble | Sep 13, 2021 | Kimble Charting
Watching high income (or high yield) bond funds has always been a good indicator of risk for the overall market, especially for stocks. Today’s chart takes a look at the Pimco High Income Fund ETF (PHK) and why investors need to be watching this ETF (as well as others...
