by Chris Kimble | Sep 13, 2017 | Kimble Charting
Most retail stocks have been something to avoid this year, as the majority of them have been hard hit! Could a trend change be about to take place? For sure a big test for them is in play right now! CLICK ON CHART TO ENLARGE The decline in XRT that started the first...
by Chris Kimble | May 11, 2016 | Kimble Charting
CLICK ON CHART TO ENLARGE Is the price action of retail stocks meaningful to the broad markets? Does it tell us anything about the condition of the consumer in the states? Above looks at retail ETF XRT on a weekly basis. The upper left chart reflects the potential...
by Chris Kimble | Nov 27, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Black Friday is fast approaching, are you ready to spend some money? Thinking of spending and Black Friday, credit cards came to my mind. Even though the S&P 500 finds itself at all time highs, Mastercard (MA) & Visa (V) have...
by Chris Kimble | Jun 9, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE For a good period of time this year we kept hearing the phrase…”Blame it on the weather,” which was the excuse for soft retail sales. Even though the broad market isn’t up a ton in the first 5 months of...
by Chris Kimble | Apr 9, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Three popular low cost retailers look to have created bearish wedges and are breaking support. Who and what do we blame this on? If low cost retail is starting to show fractional weakness, what about the other end of the retail...
by Chris Kimble | Feb 6, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE So goes the Consumer, so goes the economy? The chart below reflects that over 65% of GDP comes from consumption, 18% from the Government. CLICK ON CHART TO ENLARGE One could make a case that how the consumer is doing is important to...
by Chris Kimble | Jan 21, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE The consumer is very important to the economy in the U.S., as it represents 68% of GDP. From a Power of the Pattern perspective what does this sector look like of late? One of america’s leading retailers, Target, has been weak of...
by Chris Kimble | Nov 21, 2013 | Kimble Charting
CLICK ON CHART TO ENLARGE Black Friday is a week from tomorrow and Christmas is just 34 days away. We all know the Christmas Season is very important to retailers. So what do the patterns look like leading into the important Christmas holiday season? 4 of the 6...
