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 | Aug 11, 2015 | Kimble Charting
CLICK ON CHART TO ENLARGE Its easy to turn on the TV or go on the web and find a discussion about how the Fed is going to raise rates. Government bonds and Utilities are often viewed as being sensitive to interest rates. If billions of free thinking people think rates...
by Chris Kimble | Jun 9, 2015 | Kimble Charting
CLICK ON CHART TO ENLARGE Is the Fed going to raise rates? It would appear that the Utilities index is concerned about rising rates! Utilities have had a rough go of it since the first of February. When looking back over the past 20 weeks, the Dow Jones Utilities...
by Chris Kimble | Jun 8, 2015 | Kimble Charting
CLICK ON CHART TO ENLARGE Dow Jones Transports have been soft of late, which is putting a support line tied to the 2009 and 2012 lows in play right now (left chart above). Dow Jones Utilities have also been soft of late and they are nearing support rising channel...
by Chris Kimble | May 11, 2015 | Kimble Charting
CLICK ON CHART TO ENLARGE For many years investors have viewed Utilities as sensitive to interest rates. Is this still true? Whether they are sensitive to rates are not, an important test of channel support is very near at (1) above. From 2003 to 2007, XLU pretty did...
by Chris Kimble | Mar 3, 2015 | Kimble Charting
CLICK ON CHART TO ENLARGE Government Bond ETF TLT and Corporate Bond ETF LQD have done really well since the 2014 lows. Both are attempting to break short-term support with momentum lofty and curling lower. Trend change at hand or near? Bond and Utility (XLU) 10%...
by Chris Kimble | Feb 7, 2015 | Kimble Charting
CLICK ON CHART TO ENLARGE Interest rate sensitive assets like Government bonds (TLT), Real Estate (IYR) and Utilities (XLU) have benefit greatly from falling rates and the macro theme of deflation, pushing all of them much higher over the past year(s). Over the...
by Chris Kimble | Dec 30, 2014 | Kimble Charting, Sector / Commodity
CLICK ON CHART TO ENLARGE When it comes to juiced up performance in 2014, Utilities come to mind. Utilities ETF XLU is up just short of 30% on the year (see performance here, click on YTD) This strong rally has XLU up against 5-year channel resistance, with...