![\"kimblegblsprt12016\"](\"https:\/\/fundamentalis.com\/wp-content\/uploads\/2016\/01\/kimblegblsprt12016-300x169.png\")
<\/a><\/p>\nThese timely charts posted today by Chris Kimble of Kimble Charting Solutions tell an important story in my opinion, and coincided pretty closely with the bounce today.<\/p>\n
A break below today’s lows for the SP 500 and you’d have to think we are headed much lower.<\/p>\n
In 2015, the largest holding for clients did well:<\/p>\n
5% – Microsoft +20% for ’15<\/p>\n
4% – Schwab + 9% for the year<\/p>\n
3.5% – Amazon +110% on the year<\/p>\n
3.5% – GE +20% on the year (added to client accounts after announcement of GE Capital divestiture, added still more after Trian)<\/p>\n
3.2% – Boeing: -10% in 2015.<\/p>\n
There were more than a few lemons, too: Whole Foods (still have about 1\/3rd original position), Twitter (sold all at $28), went long the Japanese Yen and the DXJ for 6 months in 2015, and remain long Ford and GM, two of the biggest disappointments, given that both Ford and GM were expected to grow earnings +50% in 2015.) The Industrial stocks have not performed well.<\/p>\n
Per another good technician I follow closely, Gray Morrow, who can be found at @garysmorrow and Thestreet.com, semi’s acted well today. Usually if semi’s trade well, Technology will follow.<\/p>\n
The Cloud remains a secular growth story: Amazon, Google and Microsoft, are all prime Cloud beneficiaries. Large-cap growth, despite the valuation issue, could be a place to hide in turbulent waters this year.<\/p>\n
Today, January 20th, 2016 could have been a significant turn for the SP 500. We’ll know within the next few days and weeks.<\/p>\n
Look for a soft or weaker open, to be followed by decent rally through the day, and then a strong close at the highs on good volume. That type of trade has been absent all year.<\/p>\n
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<\/p>\n","protected":false},"excerpt":{"rendered":"
The reversal in the Russell 2000 and biotech’s today was pretty significant since these groups have been leading us lower,…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[152,109,13,110,168,55,117],"tags":[],"class_list":["post-5594","post","type-post","status-publish","format-standard","hentry","category-amazon","category-biotech","category-goog","category-googl","category-kimble-detrick","category-msft","category-russell-2000"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts\/5594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5594"}],"version-history":[{"count":2,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts\/5594\/revisions"}],"predecessor-version":[{"id":5597,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=\/wp\/v2\/posts\/5594\/revisions\/5597"}],"wp:attachment":[{"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fundamentalis.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}