by Chris Kimble | Sep 28, 2022 | Kimble Charting
Today we revisit an incredibly important stock market ratio: The Semiconductors Sector $SMH versus the S&P 500 $SPY. This ratio highlights how an important tech leadership group is performing versus the broad market. And considering that tech stocks lead the...
by Chris Kimble | Aug 24, 2022 | Kimble Charting
Several major U.S. stock market indices have bounced (rallied) over the past 2 months. But these moves higher are facing major test right now. And considering that we are in a bear market… these are just bounces until more constructive rallies take place with major...
by Chris Kimble | Apr 8, 2022 | Kimble Charting
In any bull market, it’s important to identify sector leadership. That helps us trend follow on lesser time periods and to identify bigger inflection points on broader time periods. Today’s focus will be on the tech-leading Semiconductor Sector (SMH). And as Joe...
by Chris Kimble | Mar 15, 2022 | Kimble Charting
Over the past several months, growth stocks have begun to fall behind value stocks. And this theme can easily be seen in the growth-oriented Nasdaq Composite. Technology stocks have been a market leader for much of the past two decades. But this trend/theme appears to...
by Chris Kimble | Jan 26, 2022 | Kimble Charting
Energy stocks spent the decade of 2010 to 2020 mired in weakness… but is that trend coming to an end? The past two years have seen the Energy Sector (XLE) surge as Crude Oil has rallied back over $80. Today’s chart is a long-term “weekly” ratio chart of the Energy...
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 | Mar 30, 2020 | Kimble Charting
Is an important Tech Index sending a bullish message to investors? It is making an attempt! Does that mean a low in this important sector is in play? Humbly it is too soon to say at this time! This chart looks at the Nasdaq Composite Index over the past 25-years on a...
by Chris Kimble | Jan 24, 2020 | Kimble Charting
It’s a good idea for investors to be aware of key indicators and inter-market relationships. Perhaps it’s watching the US Dollar as an indicator for precious metals or emerging markets. Or watching interest rates for the economy. Experience, history, and relationships...
