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...
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...