by Chris Kimble | Sep 8, 2023 | Kimble Charting
The stock market appears to be limping its way through the final stages of its rally. The major stock market indices have yet to make new highs and are in stall-out mode. A bit concerning, eh? These concerns are on full display in today’s chart 4-pack. As you can see,...
by Chris Kimble | Aug 25, 2023 | Kimble Charting
Today we discuss one of the technology sector’s darlings. It’s a market leader and a high-flier… it’s Nvidia (NVDA). The stock price recently surged after the company hit a homerun with their recent earnings announcement. But something important seems to be jumping...
by Chris Kimble | Aug 23, 2023 | Kimble Charting
As readers know, we watch leadership sectors daily. And today is no different as we take yet another look at the Semiconductors (SMH). Below is a “daily chart of SMH showing the correction and subsequent rally. We have two very important price areas to watch that...
by Chris Kimble | Aug 3, 2023 | Kimble Charting
The main bank of stock market leadership has come from the technology sector. Let’s face it, tech stocks have been market leaders for years and a core driver of our economy. BUT the post-COVID Nasdaq performance versus the S&P 500 has not been great. The bright...
by Chris Kimble | Jul 27, 2023 | Kimble Charting
As we have pointed out several times, the Nasdaq and tech stocks (i.e. Semiconductors) are critically important leaders for the stock market. And wouldn’t you know it, both the Nasdaq 100 ETF (QQQ) and Semiconductors ETF (SMH) are approaching all-time highs (which...
by Chris Kimble | Jul 21, 2023 | Kimble Charting
There is just no sugar coating it: Technology stocks are the hottest sector on the planet. And if the broader stock market wants to keep its upside momentum, it will need tech stocks to remain a market leader. Today we look at a long-term “monthly” chart of the Nasdaq...
by Chris Kimble | Jul 20, 2023 | Kimble Charting
Over the years, we have consistently pointed out the importance of stock market leadership. The premise is simple. If a sector is out-performing, find strong stocks within that sector. If we are in a bull market, follow out-performing sectors (leaders) for clues about...
by Chris Kimble | Jun 14, 2023 | Kimble Charting
We often talk about the importance of leadership in the markets. For active investors, it tells us which sectors are out-performing and warns us when those sectors begin to falter. Today is a great example. Below is a long-term “monthly” chart of the Semiconductors...