by Chris Kimble | Aug 26, 2020 | Kimble Charting
This year has definitely accelerated the trend in utilizing technology in the way we work (remotely) and live. And it’s showing up in the stock market. Today’s chart looks at the ratio of the Nasdaq 100 Index (large-cap tech stocks) to the S&P 500 Index...
by Chris Kimble | Jul 16, 2020 | Kimble Charting
Is the latest ramp higher and Large-cap tech stocks have been the clear market leader, out-performing the broad market for months. In today’s chart, we look at the Nasdaq 100 to S&P 500 performance ratio in an effort to answer the question: Is the ramp higher in...
by Chris Kimble | Jul 9, 2020 | Kimble Charting
Successful investors are often rewarded by owning strength and avoiding weakness. Could two key sectors be experiencing 20-year strength and weakness extremes at the same time? Yes! The NDX 100/S&P ratio (left above) is currently experiencing a 20-year breakout at...
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 | Apr 14, 2020 | Kimble Charting
Is the “Sky Falling” for Tech ETF QQQ? It has declined for sure! Has it broken below its 10-year rising channel? Nope This chart looks at QQQ on a monthly basis over the past 20-years. It has spent the majority of the past decade inside of rising channel...
by Chris Kimble | Mar 30, 2020 | Kimble Charting
Is an important Tech Index sending a bullish message to investors? It is making an attempt! Does that mean a low in this important sector is in play? Humbly it is too soon to say at this time! This chart looks at the Nasdaq Composite Index over the past 25-years on a...
by Chris Kimble | Oct 28, 2019 | Kimble Charting
This chart looks at Tech ETF (QQQ) on a monthly basis over the past 20-years, where Fibonacci extension levels were applied to the 1999 highs at (A) and the 2002 lows at (B). Last September QQQ met a ton of selling pressure on its first attempt to break above the 161%...
by Chris Kimble | Oct 21, 2019 | Kimble Charting
Is Apple sending a bullish message to the overall Tech market? Sure could be Apple (AAPL) is working on a breakout above last year’s highs at (1), after creating a series of higher lows over the past year. Tech ETF QQQ has been a similar-looking pattern to Apple...
