Posts From Chris Kimble

Chris Kimble
Chris Kimble is the founder and CEO of Kimble Charting Solutions. His firm provides research for individual investors, financial professionals, 401k managers and hedge funds around the world. He specializes in pattern analysis in stock indexes, bonds, currencies, commodities and individual stocks, using pictures to highlight the opportunity at hand with a touch of humor. His mission is to help investors enlarge portfolios regardless of market direction.Chris has 33 years of experience in the financial industry. He spent 25 years as a financial planner, before turning to helping people capitalize on the Power of the pattern. With a business and psychology background he combines the footprint of pattern analysis with investor sentiment extremes to find opportunities and solutions for investors. You can read more about Chris on his website Kimble Charting Solutions http://kimblechartingsolutions.com/.
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S&P 500 Looking Mighty “Nifty” At Key Price Resistance

“Buy these 50 stocks and that’s all you need”. That was the early 1970’s as the stock market bounced back from a deep correction to make new highs (point 1 on the chart below). Those 50 stocks were dubbed the “Nifty 50“.  And investing in them felt like a fool-proof plan…

Will This Russell 2000 “Doji Star” Candle Spell Trouble?

The Russell 2000 (INDEXRUSSELL:RUT) has traded lower since early March when it hit new all-time highs. This recent bout of weakness assisted in forming a “doji star” candle on the monthly chart (see point 2 below). And note that this doji star candle formed near rising channel resistance. So why is this important? A…

S&P 500 (SPY) Pulls Back From Key Fibonacci Level

The S&P 500’s rally from late 2016 through February 2017 was like a rocket ride (especially if we consider the overnight election lows for stock market futures). But because the move was so sharp, the trend line of the SPDR S&P 500 ETF (NYSEARCA:SPY) rally was difficult to sustain. The chart below…

Bulls Should Be Concerned If Weakness Takes Place Here

Although the major stock market indices are just a few percent from all-time highs, the market is clearly at an interesting and important juncture here. Since setting new all-time highs in March, the major stock market indices have churned sideways, with only the market leading Nasdaq Composite (INDEXSP:.INX) making marginal new…

Energy Sector (XLE): Odds Favor A Rally Here!

The table below looks at the performance of the major S&P 500 sectors over the past 5 years. One sector stands out… and for the wrong reason. The Energy Sector ETF (NYSEARCA:XLE) has been a notable laggard (-1.42%). It has lagged the S&P 500 (NYSEARCA:SPY) by nearly 70% over that 5 year period. So here’s…

Gold To Silver Ratio At Critical Juncture Historically

One chart that provides a good indicator for precious metals followers is the Gold to Silver ratio. Below is a chart looking at the ratio over the past 3 decades.  It uses the ratio of Gold prices via GLD (NYSEARCA:GLD) and Silver prices via SLV (NYSEARCA:SLV). Note that when the…

Overheated Bank Stocks Set To Underperform Broad Market

The stock market has enjoyed a nice rally higher in the fourth quarter. Much of the gains have come since the election in early November. And, if you haven’t noticed, bank stocks have been market leaders. Banking sector outperformance has come hand in hand with higher interest rates. But the…

Is Inflation Peaking Or Ready To Blast Off?

As investors tune in for the Federal Reserve today, they will be listening/watching for clues as to their next move and thoughts on the economy.  Interest rates have been climbing and investment portfolios are seeing big moves. Higher interest rates could mean that the economy is on the mend and/or that…

Treasury Bond Yields Gone Wild: Is The Inflation Trade On?

The past few weeks have flipped the script on the treasury bond market, as bond yields (interest rates) have soared higher. Are market participants leery of inflation.  Will the Federal Reserve start a new rate hike cycle? Is it something else? The charts have yet to confirm that a new…