by Chris Kimble | Nov 4, 2015 | Kimble Charting
Some believe in the basic premise of the Dow Theory, in that it is “good to see strength in the Dow Jones Industrials, Utilities and Transports indices, at the same time.” The reverse is true as well, if all three are weak, it doesn’t bode...
by Chris Kimble | Sep 8, 2015 | Global Dashboard, Kimble Charting
Around 100 years ago Charles Dow came up with the idea of the Dow Theory. The theory was derived from 255 Wall Street Journal editorials written by Charles H. Dow(1851–1902), journalist, founder and first editor of The Wall Street Journal and co-founder of Dow Jones...
by Chris Kimble | Jun 24, 2015 | Kimble Charting
CLICK ON CHART TO ENLARGE The chart looks the the DJ Transportation Index on a monthly basis. Pretty simple friends…Support off the 2009 lows was broken last month. This month, the index rallied and kissed the underside of the line at (1) and looks to be pushing...
by Chris Kimble | Nov 26, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE What are you “Thankful For?” This is a great time of year to count our blessings and become more aware of things we should be Thankful For. I am Thankful for many things, too many to list and bore you...
by Chris Kimble | Nov 3, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Definition of Dow Theory – A theory which says the market is in an upward trend if one of its averages (industrial or transportation) advances above a previous important high, it is accompanied or followed by a similar...
by Chris Kimble | Aug 4, 2014 | Kimble Charting
Dow Theory says the market is in an upward trend if one of its averages (industrial or transportation) advances above a previous important high and it is accompanied or followed by a similar advance in the other. The theory also says that when both...
by Chris Kimble | Jul 25, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE It usually takes an extended bull market to push “Monthly Momentum” to lofty levels. The above 2-pack looks at the S&P 500 and the DJ Transports on a monthly basis, back to the early 1980’s. The upper lines...
by Chris Kimble | May 7, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE The DJ Transportation Index is doing very well, as it is at/near all time highs. With two thirds of the economy fueled by the consumer, how these stocks perform can be viewed as a barometer of how the economy is doing. Rail...