Author Archive for kimblechartingsolutions

Silver Bear Market Faces Big Price Support Test!

Courtesy of Chris Kimble.

When silver, gold, and the precious metals industry were red-hot bullish in the 2000’s, investors could do no wrong.

You could buy SILVER at just about any price and it would go higher.

In today’s chart, you can see three large green bullish ascending triangles from the 2000’s that lead to big gains. But that was the bull market before the current bear market.

The tables have turned since the 2011 price top. Silver quickly formed a bearish descending triangle and fell another 50 percent when that broke down. This sent a vicious bear market message to investors.

Now silver has potentially has formed another bearish descending triangle. And the price of silver could stand to decline a large percentage if support fails to hold again.

Support has not been taken out at the 25% Fibonacci retracement level. Needless to say, this is a big support test for Silver!

This article was first written for See It Markets.com. To see original post CLICK HERE

To become a member of Kimble Charting Solutions, click here.





Stock Bulls Receive Positive Message From Tech, Says Joe Friday

Courtesy of Chris Kimble.

Is the Tech sector about to send an important bullish message to the broad market? It could today!

This 3-pack looks at equal weight NDX 100 ETF (QQEW), the NDX 100 ETF (QQQ) and Semiconductor ETF (SMH)

QQEW two weeks ago broke above last years highs, which puts it at all-time high levels.

QQQ and SMH are both testing last years highs at each (2) this week.

Just The Facts Ma’am- If all three succeed in breaking above last years highs, Tech sends a bullish message to the broad markets!

Full Disclosure- Premium and Sector Members are long QQEW for the past couple of weeks.

To become a member of Kimble Charting Solutions, click here.





Two Global Stocks Indexes Testing Breakout Levels!

Courtesy of Chris Kimble.

The steep correction in the U.S. stock market reverberating around the world, as several stock market indexes fell in unison.

Some markets corrected more than others. And most markets are now rallying, along with the U.S. stock indexes.

But the rally off the lows means more to investors when we see major resistance taken out in the form of a breakout.

Today, we look at two global stock indexes that are testing breakout resistance levels: The German DAX and Hong Kong (by way of its ETF – $EWH).

The German DAX was hit very hard and has been a laggard during the global stock market recovery/rally phase. BUT, it’s testing it’s downtrend resistance line (1). And a breakout would go a long way in stabilizing the European markets.

As well, the Hong Kong ETF is testing its 2018 highs (1). A breakout here would be bullish for EWH investors.

This article was first written for See It Markets.com.  To see original post CLICK HERE

To become a member of Kimble Charting Solutions, click here.





Crude Oil about to send bearish message to stocks?

Courtesy of Chris Kimble.

Crude Oil and the S&P 500 peaked together in September of last year and both bottomed together this past December.

Is Crude Oil about to peak and send a bearish message to stocks? A resistance test is in play that could well answer this question.

The rally by Crude has it testing the bottom of its 3-year rising channel, last years support level as new resistance and its 61% Fibonacci retracement level at (1).

If Crude would happen to struggle with this resistance and break support at (2), odds are high it would send a concerning message to stocks.

Keep a close eye on Crude Oil here friends, as a resistance zone test is in play at (1).

To become a member of Kimble Charting Solutions, click here.





Agriculture ETF (DBA) Testing Short-Term Breakout Level

Courtesy of Chris Kimble.

The last few years have been hard on Agriculture ETF (DBA) has it has lost nearly 50% of its value.

Is the hard-hit AG ETF showing signs of green shoots (growth)? Possible!

The trend for DBA remains down as it continues to create lower lows inside of this falling channel. It hit the bottom of this channel a few weeks ago at (1) and a small rally has taken place. Does it mean the downtrend is over? NOPE!

The small rally of late has DBA testing the 2018 lows as new resistance at (2), which presents itself as a breakout test.

If DBA breaks above this resistance, it would send a short-term positive message to this hard-hit ETF!

If it does break out at (2), look for some green shoots of growth to follow!

To become a member of Kimble Charting Solutions, click here.





Doc Copper & Freeport Testing Breakout Levels!

Courtesy of Chris Kimble.

Doc Copper and Freeport McMoran (FCX) have experienced quality rallies this year. Are they about to send bullish signals about the macroeconomy? Well…

The rallies by both over the past few months have each forming potential bullish ascending triangles.

The rallies over the past few weeks have each testing February highs, which comes into play as resistance.

Doc Copper and FCX bulls would love to see breakouts at the top of these patterns.

Until a breakout takes place, the old highs become resistance tests that Doc Copper bulls want to see broken to the upside!

To become a member of Kimble Charting Solutions, click here.





Mining Ratio Creates Bullish Reversal Pattern At Support

Courtesy of Chris Kimble.

The GDXJ/GDX (Junior/Senior Miners) Ratio can create meaningful reversal patterns and send important signals to the mining sector, at key inflection points. Did the ratio send an important signal to miners last week? Possible!

The GDXJ/GDX ratio has traded sideways for the past couple of years inside (1). The ratio has sent very few important messages to the bull or bear case since early 2017, while inside of this narrow range.

The decline of late has it near the bottom of this trading range where last week it may have created a bullish reversal pattern (bullish wick) near dual support at (2).

Bulls in the mining sector would receive a short-term positive message if a rally takes place at (2).

The bullish case would receive a concerning message if the ratio breaks below the bottom of its 2-year trading range at (2).

Keep a close eye on this ratio going forward as it looks like it could send an important message to the mining sector in the next couple of weeks!

To become a member of Kimble Charting Solutions, click here.





Growth Indicator Hitting All-Time Highs, Says Joe Friday

Courtesy of Chris Kimble.

The long-term trend of Growth stocks being stronger than Value Stocks has been up for years and years.

Are Growth stocks attempting to send a new bullish message to stocks of late? Yes, they are!

This chart compares the Vanguard Growth Index Fund (VUG) to Vanguard Value Index Fund (VTV) on a monthly basis over the past 8-years. The ratio trend remains up, as it continues to create a series of higher lows off the 2011 lows.

Joe Friday Just The Facts Ma’am- The VUG/VTV ratio this month is currently above last years highest monthly close. If the ratio continues higher it sends a positive message to growth stocks or value plays.

To become a member of Kimble Charting Solutions, click here.





Hong Kong ETF (EWH) Testing Key Breakout Resistance Level

Courtesy of Chris Kimble.

The iShares MSCI Hong Kong ETF (NYSEARCA: EWH) made new 52 week highs and is attempting to break out.

Investors looking for investment exposure to China and the far east should keep an eye on the Hong Kong ETF (EWH).

In today’s chart 2-pack, we look at a weekly chart of EWH, as well as a relative strength chart of EWH vs the S&P 500 (SPX).

My first take away is that it’s pretty clear that Hong Kong stocks have been strong in 2019.

In each chart, the price action has risen to test a key breakout resistance line (see points 1 and 2). Bulls would love to see a surge higher here.

A breakout (that sticks) at this juncture would send a positive message to EWH investors.

This article was first written for See It Markets.com. To see original post CLICK HERE

To become a member of Kimble Charting Solutions, click here.





These Two Nasdaq 100 Charts Have Tech Bulls Dancing

Courtesy of Chris Kimble.

Technology stocks have been the undisputed leader of the 2019 stock market rally. The Nasdaq 100 is now within reach of its all-time highs set late last summer.

That’s pretty bullish for this market leading index. But it gets better…

In today’s chart, we look at the Nasdaq 100 Equal Weight Index, as well as the Nasdaq 100 Advance-Decline line (advancing stocks vs declining stocks).

The charts are bullish in both cases. The Equal Weight Index is breaking out and the A-D Line is at all-time highs.

The Tech Sector looks to be sending a positive message with these two big-time tech indexes hitting all-time highs together.

This article was first written for See It Markets.com. To see original post CLICK HERE

To become a member of Kimble Charting Solutions, click here.





 
 
 

Zero Hedge

Fragility In The World 2019

Courtesy of ZeroHedge. View original post here.

Authored by Apra Sharma via WorldOutOfWhack.com,

Yemen is labelled as the most fragile country by Fragile States Index in 2019. Finland is now the least fragile country.

Source: https://fragilestatesindex.org/

(Highlights from Fragile States Index)

“This year, Yemen claimed the top position for the fi...



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Phil's Favorites

How Does this Happen?

 

How Does this Happen?

Courtesy of 

Apple has added $286 billion in market capitalization over the past 73 trading sessions. That’s $10 million every minute.

There are only 11 companies in the United States with a higher valuation than what Apple managed to tack on since January 3rd.

The biggest stock in the world gained 43% in under four months. How does something like this happen?

This question is a Rorschach test of sorts. Some people will see this and scoff at the idea that m...



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Insider Scoop

Uber To Sell Minority Stake Of Its Autonomous Vehicle Unit To Japanese Consortium

Courtesy of Benzinga.

Uber Technologies is planning to sell a 14 percent stake in its autonomous vehicle unit to existing investor Softbank, Japanese automaker Toyota, and auto parts manufacturer Denso ahead of its much-anticipated initial public offering (IPO), which is expected to happen in May. Though...



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Digital Currencies

5 Cryptocurrency Tax Questions To Ask On April 15th

Courtesy of ZeroHedge. View original post here.

Authored by David Kemmerer via CoinTelegraph.com,

Depending on what country you live in, your cryptocurrency will be subject to different tax rules. The questions below address implications within the United States, but similar issues arise around the world. As always, check with a local tax professional to assess your own particular tax situation.

...



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Chart School

RTT browsing latest..

Courtesy of Read the Ticker.

Please review a collection of WWW browsing results. The information here is delayed by a few months, members get the most recent content.



Date Found: Thursday, 18 October 2018, 05:33:01 PM

Click for popup. Clear your browser cache if image is not showing.


Comment: Why The Stock Market Is Heading For Disaster youtu.be/Gubf0A5pHL0



Date Found: Monday, 29 October 2018, 12:55:07 PM

Click for popup. Clear your browser cache if image is not showing.


Comment: Ross Beaty: We Are Star...



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Kimble Charting Solutions

Silver Bear Market Faces Big Price Support Test!

Courtesy of Chris Kimble.

When silver, gold, and the precious metals industry were red-hot bullish in the 2000’s, investors could do no wrong.

You could buy SILVER at just about any price and it would go higher.

In today’s chart, you can see three large green bullish ascending triangles from the 2000’s that lead to big gains. But that was the bull market before the current bear market.

The tables have turned since the 2011 price top. Silver quickly formed a bearish descending triangle and fell another 50 percent when that broke down. This sent a vicious bear mark...



more from Kimble C.S.

ValueWalk

More Examples Of "Typical Tesla "wise-guy scamminess"

By Jacob Wolinsky. Originally published at ValueWalk.

Stanphyl Capital’s letter to investors for the month of March 2019.

rawpixel / Pixabay

Friends and Fellow Investors:

For March 2019 the fund was up approximately 5.5% net of all fees and expenses. By way of comparison, the S&P 500 was up approximately 1.9% while the Russell 2000 was down approximately 2.1%. Year-to-date 2019 the fund is up approximately 12.8% while the S&P 500 is up approximately 13.6% and the ...



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Biotech

Marijuana is a lot more than just THC - a pharmacologist looks at the untapped healing compounds

Reminder: We are available to chat with Members, comments are found below each post.

 

Marijuana is a lot more than just THC - a pharmacologist looks at the untapped healing compounds

Assorted cannabis bud strains. Roxana Gonzalez/Shutterstock.com

Courtesy of James David Adams, University of Southern California

Medical marijuana is legal in 33 states as of November 2018. Yet the federal government still insists marijuana has no legal u...



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Members' Corner

Despacito - How to Make Money the Old-Fashioned Way - SLOWLY!

Are you ready to retire?  

For most people, the purpose of investing is to build up enough wealth to allow you to retire.  In general, that's usually enough money to reliably generate a year's worth of your average income, each year into your retirement so that that, plus you Social Security, should be enough to pay your bills without having to draw down on your principle.

Unfortunately, as the last decade has shown us, we can't count on bonds to pay us more than 3% and the average return from the stock market over the past 20 years has been erratic - to say the least - with 4 negative years (2000, 2001, 2002 and 2008) and 14 positives, though mostly in the 10% range on the positives.  A string of losses like we had from 2000-02 could easily wipe out a decades worth of gains.

Still, the stock market has been better over the last 10 (7%) an...



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Mapping The Market

It's Not Capitalism, it's Crony Capitalism

A good start from :

It's Not Capitalism, it's Crony Capitalism

Excerpt:

The threat to America is this: we have abandoned our core philosophy. Our first principle of this nation as a meritocracy, a free-market economy, where competition drives economic decision-making. In its place, we have allowed a malignancy to fester, a virulent pus-filled bastardized form of economics so corrosive in nature, so dangerously pestilent, that it presents an extinction-level threat to America – both the actual nation and the “idea” of America.

This all-encompassing mutant corruption saps men’s souls, crushes opportunities, and destroys economic mobility. Its a Smash & Grab system of ill-gotten re...



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OpTrader

Swing trading portfolio - week of September 11th, 2017

Reminder: OpTrader is available to chat with Members, comments are found below each post.

 

This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current  trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).

We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options. 

Please feel free to participate in the discussion and ask any questions you might have about this virtual portfolio, by clicking on the "comments" link right below.

To learn more about the swing trading virtual portfolio (strategy, performance, FAQ, etc.), please click here ...



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Promotions

Free eBook - "My Top Strategies for 2017"

 

 

Here's a free ebook for you to check out! 

Phil has a chapter in a newly-released eBook that we think you’ll enjoy.

In My Top Strategies for 2017, Phil's chapter is Secret Santa’s Inflation Hedges for 2017.

This chapter isn’t about risk or leverage. Phil present a few smart, practical ideas you can use as a hedge against inflation as well as hedging strategies designed to assist you in staying ahead of the markets.

Some other great content in this free eBook includes:

 

·       How 2017 Will Affect Oil, the US Dollar and the European Union

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About Phil:

Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

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About Ilene:

Ilene is editor and affiliate program coordinator for PSW. She manages the site market shadows, archives, more. Contact Ilene to learn about our affiliate and content sharing programs.

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