by Chris Kimble | Jan 19, 2022 | Kimble Charting
One theme over the past several months has been tech stock’s under-performance. And 2022 seems to be amplifying this theme as we kick off the new year. Today’s chart focus is on the ratio of the Nasdaq Composite to the S&P 500 Index. We have shared this...
by Chris Kimble | Dec 17, 2021 | Kimble Charting
Rising stock market volatility has made for a very tough trading environment for investors. And while stocks remain elevated, several key indexes and indicators are flashing caution. Last week, I highlighted an important tech stocks ratio that is teetering. And today,...
by Chris Kimble | Dec 8, 2021 | Kimble Charting
The U.S. economy and stock markets have been lead by technology companies (and stocks) for nearly 20 years. And this dynamic is on full display in today’s chart. Below is a long-term “monthly” ratio chart of the Nasdaq Composite to S&P 500 Index. In short, if this...
by Chris Kimble | Dec 4, 2021 | Kimble Charting
The month of November was an ugly one for stocks. Not because they closed lower but because of how they closed the month. Today’s chart looks at the S&P 500 Index on a “monthly” basis and, as you can see, stocks made new all-time highs last month. So in that...
by Chris Kimble | Nov 10, 2021 | Kimble Charting
From 1999 to 2009, equities under-performed commodities. This culminated with the ’08-’09 Financial Crisis. This was followed up by a 10+ year run of equities out-performance. Are the tables ready to turn yet again? Today’s chart looks at the ratio of the S&P 500...
by Chris Kimble | Oct 4, 2021 | Kimble Charting
The month of September ushered in some volatility to the stock market… volatility we had not seen in quite a while. Perhaps it will continue into October. And perhaps there is a reason. Today we take a look at a long-term “monthly” view of the S&P 500 Index. As...
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...
