Author Archive for kimblechartingsolutions

Semiconductors (SMH): Important “Kiss” of Resistance Underway

Courtesy of Chris Kimble.

Semiconductor stocks are representative of the growth engine in the market. They are cyclical and technology driven.

So when the Semiconductors Sector (SMH) slows down, investors should take note.

This is exactly what occurred last year. The Semiconductors Sector was slowed at the price area of the year 2000 highs (1). And it was a warning sign for the late 2018 stock market correction.

So where are we now? The Semiconductors (SMH) are hot again. And the current rally looks ready to test that familiar resistance line.

Will this “kiss” of the underside of the 2000 highs result in a breakout… or more selling? How Semiconductors handle this key resistance test will send a very important message to the broad markets. Keep a close eye on them the next 6-weeks friends!!!

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

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

Stock Market Bulls Hope Wilshire 5000 Isn’t Topping Here!

Courtesy of Chris Kimble.

The Wilshire 5000 Index has spent the past 30 years trading within a bullish price channel up-trend – see (1) in today’s chart above.  The price action of late has NOT broken the long-term bull trend.

Though the latest move off the 2009 lows has been bullish, and quite strong, it has taken the broad stock market index to the top of this bullish channel.  

That alone is a reason for concern as this appears to be slowing the bull market down. But there’s more…

While hitting the top of the channel, the Wilshire 5000 has taken the shape of a “still forming” head and shoulders topping pattern.

All eyes on that potential right shoulder!

Long-term bulls do not want to see this broad stock market index forming a Head & Shoulders topping pattern right here as there is plenty of room to the downside. Stay tuned!

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

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

Utilities Creating Another Important Topping Pattern?

Courtesy of Chris Kimble.

In 2000 the Dow Jones Utility index spent around 7-months creating a topping process. The S&P 500 had declined for nearly 12-months before the waterfall decline in Utilities got started.

In 2007, Utilities spent nearly 12-months creating a topping process. The S&P 500 had declined for nearly 9-months before the waterfall decline in Utilities got started.

The Dow Jones Utilities weekly closing all-time high took place in December of 2017. The index is currently around 1% below the 2017 highs.

Is it creating another important top or about to break out and send a positive message to the broad markets?

Below looks at the Dumb Money Confidence Level from

Dumb Money confidence is currently testing last years highs as Utilities are within 1% of the all-time highs.

In my humble opinion, what Utilities do the next few weeks as they test old highs, should send a very important message to the broad market! Keep a close eye Utilities the next 6-weeks friends!!!

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

GOLD Records Large Bearish Reversal at Triple Resistance

Courtesy of Chris Kimble.

Precious metals have been a hot topic for investors and the financial markets. Gold, in particular, has caught the eye of market participants.

After a 6 month rally into February, Gold futures reversed hard to the downside. This reversal came as gold prices tested triple resistance (1) at the same time that momentum was overheating (2).

The move lower created an ugly bearish reversal candlestick on the “weekly” chart. That reversal also saw Gold break its steep up-trend support line.

Rough start to the new month for Gold bulls.

Careful here. Volatility is ticking higher. No need to be a hero – gold bulls will now look for a higher low to form in weeks ahead.

This chart was first written for See It To see original post CLICK HERE

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

European Financials Bullish Breakout In The Cards?

Courtesy of Chris Kimble.

Financials in Europe have struggled big time in the past year! Are they about to send a bullish message to stocks in Europe and the States? Let’s investigate.

European Financial ETF (EUFN) and Deutsche Bank (DB) both experienced large percentage declines in 2018. The large declines last year created new falling channels, highlighted by each  (1).

The rallies over the past 8-weeks have each testing the top of these falling channels at each (2).

If EUFN and DB would breakout at (2), they would send a positive message to stocks in Europe and the States. The results of what each does at (2), should send important short-term to intermediate messages about how much further the 8-week rally could go or is it about to run out of steam!

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

Euro slips here, Gold & Silver could turn much weaker!

Courtesy of Chris Kimble.

The Euro is facing an important price test that could highly influence the next big move in the metals markets.

From a very long-term perspective, the Euro remains inside falling channel (1), where it has created a series of lower highs and lower lows for nearly 20-years. Over the past 18-months the Euro could be creating a “Head & Shoulders” topping pattern at (2). Humbly, I can NOT say with total confidence that this is a topping pattern.

I am confident that if support breaks at (3), selling pressure in the Euro should ramp up and drive it a good deal lower. If the Euro does break support at (3), the next key support zone for the Euro comes into play around 1.04, which is nearly 9% below current prices.

If this support lower level would come into play, odds are decent that metals will head lower as well.

The bottom line for the Euro at this time, it is facing a very important support test at (3)!

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

Emerging Markets Attempting Bullish Breakout, Says Joe Friday

Courtesy of Chris Kimble.

Are Emerging markets about to send a bullish message to stocks in the states? Possible!

This chart looks at Emerging Markets ETF (EEM) on a weekly basis over the past 9-years. Since the lows in 2016, EEM looks to be creating 4-year rising channel (1). The decline into the lows in December saw EEM test the bottom of its rising channel with momentum reaching oversold levels. Very possible it created a “weekly double bottom” while testing triple support 8-weeks ago!

The 8-week rally in EEM has it attempting to break above its 1-year falling channel and its 200-MA line at (2), as momentum is attempting to turn up.

Joe Friday Just The Facts Ma’am- If a breakout above falling resistance and its 200-MA line takes place at (2), its sends a positive message to Emerging markets and stocks in the states.

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

Stocks Hope Treasury Yields Find Support Here!

Courtesy of Chris Kimble.

When the financial media talks about US Treasuries, it is usually focused on the yield curve. Or sometimes they will highlight the 10-year treasury yield and its relation to mortgage rates.

But more recently, the news has been focused on the prospects of a yield curve inversion and how that correlates to economic slowdowns/recessions. Today, we are going to simply look at the 10-Year and 30-Year US Treasury Yield charts.

In my business, a picture (chart) is worth a 1000 words.

Over the past 3 decades, Treasury yields have been in a downtrend, with major stock tops (and treasury yield tops) coming in 2000 and 2007.

Will 2018-2019 be the same? From a pattern standpoint, stock market bulls hope the reversal lower in Treasury yields finds support soon… preferably at point (1)! Stay tuned!

This post was originally was written for See It To see original article CLICK HERE

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

Why The S&P Needs Bank Strength Right Now!

Courtesy of Chris Kimble.

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 resistance at the same time at each (1). Once a breakout by both took place at each (1), both experienced strong rallies for months to come.

Currently, the ratio is facing falling resistance at (2) and the S&P is facing falling channel resistance at (3). Does the S&P need the ratio to breakout at (2) so it can break out at (3)? Good odds!

Keep an eye on what banks do the next few weeks as they could send a very important message to the broad market!!!

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

Crude Oil Suggesting Stocks Are About To Peak?

Courtesy of Chris Kimble.

The correlation between Crude Oil and the S&P 500 has been rather high over the past 9-months.

Both peaked at the same time in early October, as Crude declined over 40% and the S&P fell nearly 18%.

Both bottomed together near Christmas and both experienced strong counter-trend rallies. Crude has rallied 29% and the S&P is up over 18% since the December lows.

The rally in the S&P has it testing old highs and its 78% Fibonacci retracement level of the 2018 highs and lows, while Crude is testings its November highs.

Weakness to start of the week has Crude attempting to break below very short-term support. Keep a close eye on Crude the next couple of weeks, as it could be predicting the next major move for both at this key price level.

What would be sweet news for Crude Oil and S&P 500 bulls? Both break above these resistance levels at the same time!

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


Phil's Favorites

Britain has its first new deep coal mine in decades - a result of pretending climate change isn't political


Britain has its first new deep coal mine in decades – a result of pretending climate change isn't political

Oscar Johns / shutterstock

Courtesy of Rebecca Willis, Lancaster University

The UK is widely seen as a climate leader. Its Climate Change Act, which passed into law ten years ago, is the envy of the world. It has targets for carbon reduction enshrined in law, and recently, the government hinted that it would adopt a target of zero greenhouse gas emissions by 2050 (the current target is an 80% reduction). Four years ago, the government, with cross...

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The Future Of National Beverage Corp. (FIZZ) Stock; Cannabis Webinar

By Jacob Wolinsky. Originally published at ValueWalk.

Whitney Tilson’s email to investors discussing the LaCroix maker National Beverage Corp. (FIZZ)’s stock; Tesla; Cannabis webinar; question 3; Jamaica.

1) I’m still sniffing around National Beverage Corp, best known for its LaCroix brand of flavored sparkling water, which I wrote up as my Stock Idea of the Day in my ...

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Zero Hedge

"It Feels Eerily Like 2007" - DoubleLine's Gundlach Blasts Fed's "Unprecedented Reversal"

Courtesy of Zero Hedge

As the whipsaw in stocks and the dollar sank in today - while the bond market remains unimpressed by the machine's liftathon today - market participants are still shaking their heads at what just happened.

One of the more outspoken of those market participants is DoubleLine CEO Jeffrey Gundlach who took to Twitter this morning to express his disdain...

Three months ago the Fed predicted totally different policy than where they are now. How can they predict 2020 policy with a straight face?

— Jeffrey Gundlach (@TruthGundlach) March 21, 2019


But he was not done, in a brief i...

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Kimble Charting Solutions

Interest Rates Sputter... Is U.S. Economy Next?

Courtesy of Chris Kimble.

The Federal Reserve wasn’t quite as hawkish as investors expected. The result: Treasury bond yields (interest rates) fell sharply.

In today’s chart of the 10-Year US Treasury Yield, we highlight the reversal in rates that occurred late last year.

This wasn’t just any old reversal, though. It occurred along the same long-term downtrend line that produced reversals in the years 2000 and 2007.

A closer look at the chart and it appears that 10-year yields are breaking short-term support. This is also occurring as monthly momentum rolls over fr...

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Chart School

Silver is cheap vs Gold

Courtesy of Read the Ticker.

Metal investors will be paying attention to how out of favor silver is relative to gold. And it is hard to wonder why with the well forecast boom of electric cars expected over the next 10 years. Who owns all the silver? JM Bullion has a series of charts here. Notice the stock pile held by JPM. They will do will if silver gets to $30 USD an once!

Chart up to April 2017

As of the 20th of March 2019 the US Federal Reserve has switched to dovish...

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Insider Scoop

Wells Fargo Expects FedEx Margins To Remain Under Pressure From Market Woes

Courtesy of Benzinga.

FedEx Corporation (NYSE: FDX) reported disappointing third-quarter results Tuesday and lowered its fiscal 2019 guidance.

The flexibility of the company’s network allows it to respond more quickly to competitive threats and a tough supply chain environmen... more from Insider


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/

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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Digital Currencies

Facebook's cryptocurrency: a financial expert breaks it down


Facebook's cryptocurrency: a financial expert breaks it down


Courtesy of Alistair Milne, Loughborough University

Facebook is reportedly preparing to launch its own version of Bitcoin, for use in its messaging applications, WhatsApp, Messenger and Instagram. Could this “Facecoin” be the long-awaited breakthrough by a global technology giant into the lucrative market for retail financial services? Or will...

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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


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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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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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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