by Chris Kimble | Jul 16, 2019 | Kimble Charting
Historically its been positive to see Financials doing well at the same time the broad market is pushing higher! If financial stocks are lagging bit time, should stock bulls be concerned? This chart compares banks and in the U.S. (XLF) & Europe (EUFN) to the...
by Chris Kimble | Apr 16, 2019 | Kimble Charting
Banks in the states (BKX Index) have little to brag about over the past year, as they are have underperformed the S&P 500 by nearly 14%. European banks have even less to brag about, as EUFN ETF has lagged the BKX index for the past 7-years! Is the underperformance...
by Chris Kimble | Mar 19, 2019 | Kimble Charting
If the saying So Goes The Banks, So Goes The Broad Market is true, what message are we receiving when financials have lagged the broad market for over a year? This 2-pack looks at the XLF/SPX and EUFN/XLF ratios over the past couple of years. The XLF/SPX ratio has...
by Chris Kimble | Mar 12, 2019 | Kimble Charting
The S&P 500 pullback (last week) feels like a distant memory following the stock market’s 2-day snapback rally. But investors should take note of what’s happening under the surface for two important market indexes: the S&P 500 Index (SPX) and the Bank Index...
by Chris Kimble | Feb 27, 2019 | Kimble Charting
The ole saying “So Goes The Banks, So Goes Stocks” could be very accurate right now! This dual chart looks at the S&P 500 and the S&P/Bank Ratio on a weekly basis over the past 13-years. In 2011 and 2016 the S&P 500 and the ratio both faced...
by Chris Kimble | Feb 20, 2019 | Kimble Charting
The bank sector is a good indicator of the health of the broader stock market. Bulls like to see the banks in a leadership role because it indicates that the economy is doing well. But when they begin to lose momentum and underperform, it often leads to pullbacks and...
by Chris Kimble | Dec 14, 2018 | Kimble Charting
This chart looks at the Bank Index (BKX) over the past 25-years on a monthly basis, reflecting that currently, the 9-year trend in the index remains up. The index may have created a double top this year, at the same level the financial crisis started unfolding back in...
by Chris Kimble | May 31, 2018 | Kimble Charting
The banks always play a major role in the performance of the broader stock market indexes. On the bullish side of the ledger, the banking sector gives confidence to markets when it is outperforming or performing in line. On the bear side of the ledger, look no further...
