by Chris Kimble | May 22, 2020 | Kimble Charting
Could ole Doc Copper be sending an important message about the overall health of the global economy and the stock market in the next couple of weeks? It appears it could! This chart looks at Copper futures on a weekly basis over the past 7-years. Doc Copper looks to...
by Chris Kimble | May 20, 2020 | Kimble Charting
The March crash was pretty much an everything crash. But nearly as fast as the market crashed, it’s come back. In today’s chart, we look at two very important asset classes: stocks and bonds. Stocks are represented by the S&P 500 Index and bonds are shown by an...
by Chris Kimble | May 12, 2020 | Kimble Charting
As we’ve written several times before, the banks / financials are an important sector in the stock market and economy. So it goes without saying that when bank stocks are in an up-trend and/or performing in-line, that it’s a good indicator for the broader stock market...
by Chris Kimble | May 11, 2020 | Kimble Charting
Is the Banking Index sending a caution message to stocks? It has for the past 28-months and it is experiencing a major resistance test of late! The Banking Index (BKX) started underperforming the broad market back in January of 2018, which created a negative...
by Chris Kimble | Apr 20, 2020 | Kimble Charting
Does history repeat exactly? No. Sometimes it rhymes big-times!!! This chart looks at the S&P 500 over the past 25-years on a weekly basis. During the 50% bear markets of 2000-2003 and 2007-2009, the S&P started quality counter-trend rallies very near the...
by Chris Kimble | Apr 16, 2020 | Kimble Charting
S&P 500 Index (top pane) vs Bank Index to S&P 500 Ratio (lower pane) As most investors know, the banks play a big role in the overall economy. Healthy banks tend to mean a healthy economy and struggling banks tend to mean an uneven or faltering economy. In...
by Chris Kimble | Apr 14, 2020 | Kimble Charting
The market action of late reminds me of what I experienced in 1987. If we are repeating the 87 stock market crash, it could be bullish, as the lows could be in play already. In today’s 2-pack, I highlight the similarities and what to watch for. In 1986-1987 (left...
by Chris Kimble | Apr 13, 2020 | Kimble Charting
S&P 500 Index Chart Long-Term Chart Over the past two weeks, the stock market has rallied sharply, seeing the S&P 500 retraced 50 percent of the 2020 market crash. The quick burst higher has many feeling a sense of relief… but could this be an ominous sign? In...