by Chris Kimble | Aug 4, 2021 | Kimble Charting
Several commodities have been on a tear higher over the past 18 months. This list of commodities includes crude oil. As a key economic input, crude oil is more than just a tradable asset. Crude oil is an excellent indicator for the economy as well as a commodity to...
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 | Mar 18, 2021 | Kimble Charting
Are tech stocks hitting a long-term level that could become historically important? Possible! This chart looks at the Semiconductor/S&P 500 ratio, on a monthly basis, over the past 20-years. The ratio peaked and rolled over in 2000, sending a bearish message to...
by Chris Kimble | Feb 2, 2021 | Kimble Charting
Last year’s coronavirus stock market crash turned into a BIG opportunity for active investors to buy stocks at deep discounts… especially COVID-friendly stocks. Since the March 2020 crash low, stocks have rallied sharply for 11 months… and this rally has a couple of...
by Chris Kimble | Jan 22, 2021 | Kimble Charting
Do charts have memories? Can prices as far back as 45-years ago impact prices today? I understand if you answered both questions with a resounding no. In my humble opinion, an important test of these questions comes into play at current prices in the S&P 500 at...
by Chris Kimble | Oct 30, 2020 | Kimble Charting
The price of crude oil has been an important indicator of the economy for quite some time. When oil is in demand and performing well, the economy likely is. And when oil is not performing well, the economy likely isn’t either. Taking this one step further, it’s easy...
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 | 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...
