by Chris Kimble | Jul 21, 2023 | Kimble Charting
There is just no sugar coating it: Technology stocks are the hottest sector on the planet. And if the broader stock market wants to keep its upside momentum, it will need tech stocks to remain a market leader. Today we look at a long-term “monthly” chart of the Nasdaq...
by Chris Kimble | Jul 7, 2023 | Kimble Charting
A recent review of global stock market indices put a major European index on my radar: The German DAX. The current price pattern for the DAX shows the index nearing a critical price point… and one that could send a broad message to U.S. stock market indices. “The...
by Chris Kimble | Jun 9, 2023 | Kimble Charting
When the U.S. Dollar is strong, it is a headwind for precious metals. And when the U.S. Dollar is weak, it is a tailwind for precious metals. Today we check in on this relationship by looking at a “weekly” chart of the U.S. Dollar versus the Gold Miners ETF (GDX) and...
by Chris Kimble | May 26, 2023 | Kimble Charting
There’s been plenty of uncertainty in the air. From our economy to the stock market to politics to war abroad, consumers are concerned. So we continue to look for facts, signals, and clues in the financial markets to tell us how to trade… but also what may come next....
by Chris Kimble | May 19, 2023 | Kimble Charting
Since stocks bottomed last October, the rally has been lead by the technology sector. And tech indices like the Nasdaq 100 and Nasdaq Composite have posted solid gains. For an even better indication of the health of a major index, we can turn to its “equal weighted”...
by Chris Kimble | Mar 31, 2023 | Kimble Charting
Our banking system is at the heart of our economy and an integral sector within the stock market. So the latest news about regional banks struggling has investors a bit shook up. Today’s long-term “monthly” chart of the Banking Index (BKX) underscores...
by Chris Kimble | Mar 24, 2023 | Kimble Charting
The financial sector is the focal point of the global economy. So it’s no wonder that investors pay close attention to its performance within the stock market. And this is especially true when recession fears rise due to lackluster economic growth. Kinda sounds like...
by Chris Kimble | Feb 17, 2023 | Kimble Charting
You will often hear us talk about the market giving “risk on” or “risk off” signals. In general, investors want to see “risk on” assets performing well. This includes tech stocks, growth stocks, small cap stocks, and high yield / junk bonds. Today, we focus on junk...