by Chris Kimble | May 14, 2021 | Kimble Charting
Tech stocks have been on shaking ground over the past several weeks / few months. And this shows up clearly in today’s ratio chart, pitting the Nasdaq Composite versus the S&P 500 Index on a “monthly” basis. This long-term chart really gets at the heart of the...
by Chris Kimble | Apr 20, 2021 | Kimble Charting
For the past 19-years, the Nasdaq Composite Index has been stronger than the S&P 500. Is this trend about to change? This chart looks at the Nasdaq Composite Index/S&P 500 ratio since 1997. It peaked in 2000 and fell like a rock, as tech stocks fell...
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 | Sep 21, 2020 | Kimble Charting
The Nasdaq has been the unparalleled leader of the stock market in 2020, having rallied furiously off the COVID-19 crash market bottom in March. But all of the excitement around tech stocks and the comeback in the stock market may be coming to an end… that is, if a...
by Chris Kimble | May 28, 2020 | Kimble Charting
Tech stocks have been the clear leader of the stock market recovery rally, this year and since the lows back in 2007! But within the ranks of leadership, and an important ratio may be sending a caution message to investors. In today’s chart, we look at the ratio of...
by Chris Kimble | May 1, 2020 | Kimble Charting
When fewer and fewer stocks are holding up a market, could that end up sending a bearish message to stock market bulls? Yes. This ratio looks at the NDX 100 index compared to the Nasdaq Composite Index. The ratio compares the strength of the 100 largest tech stocks...
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...
