by Chris Kimble | Jul 16, 2020 | Kimble Charting
Is the latest ramp higher and Large-cap tech stocks have been the clear market leader, out-performing the broad market for months. In today’s chart, we look at the Nasdaq 100 to S&P 500 performance ratio in an effort to answer the question: Is the ramp higher in...
by Chris Kimble | Jul 9, 2020 | Kimble Charting
Successful investors are often rewarded by owning strength and avoiding weakness. Could two key sectors be experiencing 20-year strength and weakness extremes at the same time? Yes! The NDX 100/S&P ratio (left above) is currently experiencing a 20-year breakout at...
by Chris Kimble | Apr 23, 2020 | Kimble Charting
Was the decline in the first quarter of 2020 a “Black Swan” event? In my 40-years in the business, I don’t think I’ve ever heard the phrase, “this was a Black Swan event” so frequently used. Was the virus and resulting quarantine a...
by Chris Kimble | Apr 21, 2020 | Kimble Charting
The stock market rally from the March crash lows has been sharp but lumpy. The S&P 500 Index and large cap stocks have lead the way higher, while the Russell 2000 Index and small cap stocks have lagged. That said, today’s chart highlights a significant overhead...
by Chris Kimble | Apr 6, 2020 | Kimble Charting
Does History Repeat? Is does rhyme sometimes!!! This chart looks at the S&P 500 on a weekly basis over the past 20-years. The S&P declined by 50% during the 2000-2003 bear market. On the week of 3/23/2001, it experienced its first counter-trend rally, which...
by Chris Kimble | Mar 18, 2020 | Kimble Charting
Boring Investment Grade bonds could be sending a very important macro message of late! This chart looks at Investment Grade ETF (LQD) on a weekly basis over the past 20-years. LQD formed a bottom in late 2008, several months ahead of stocks. Following the 2008 low,...
by Chris Kimble | Jan 29, 2020 | Kimble Charting
If the saying “So goes Junk Bonds, So goes stocks” is true, what Junk bonds do in the next couple of weeks could send an important message to stocks! Junk bond ETF (JNK) has created a series of higher lows since June of last year. When JNK moves higher...
by Chris Kimble | Jan 6, 2020 | Kimble Charting
The Crude Oil rally is gathering momentum as Middle East tensions come to the forefront. The rally has taken crude oil prices to a critical juncture, that two other times became a peak in oil prices. Oil prices are back at a familiar resistance level… a price area...
