I realize and admit I have gone deep down the rabbit holes of the fake Pandemic and the Fake US Elections
The Fraud is beyond astounding and the implications seemingly dire.
I do not regret bringing these issues to Goldtent …not one bit

BUT I admit I have taken my eye off the ball regarding the markets
I have been with Rambus now for over a decade.
He has always had a different perspective ..always says we must ignore gut feelings and emotions and follow the charts.
He is the eternal optimist . In spite of what appears on surface to be the most dire circumstances in our lifetime and the incredibly sinister actors we have unearthed
We must temper all that and LOOK at what the charts are saying loud and clear…
If Markets are forward looking then what they are looking at is Prosperity as far as the eye can see….inspite of the gloom we and doom we have been focused on. Maybe this is the Von Mises Crack Up Boom and Inflation Bubble .

From Rambus Weekend report ( This believe it or not is only a small sample of the charts he produced in this report )
I think from these 10 charts you will agree that he makes his case ..This is a Bull for the ages.

I’ve said it many times..You wanna make money in the Markets…Get a Broad Perspective …Get a subscription to Rambus Chartology…This is just getting Started.

https://rambus1.com/

Thanks Rambus…I needed that….Fully

……………….

“For those investors that have been with Rambus Chartology for several years or longer know that I’m an equal opportunity investor. If gold is in a bull market I will invest there. On the other hand, between 2016 and March of this year I traded exclusively in the stock markets while the PM stock indexes were building out their 2016 trading ranges. After the 2020 crash in both the US stock markets and the PM complex concluded in March of this year I came back to the bullish camp for the PM stocks based on the Chartology.

The primary goal of an investor is to make more money than they lose. It seems for a lot of investors it is more important to be right about their fundamental views while their investment portfolio suffers a drawdown because they are certain the fundamentals are going to be eventually right. If there was ever a losing strategy hoping the fundaments are going to save the day for you keep following the fundamentals, which are backwards looking, and see how you end up.

I have said many times through the years that investing in the markets is more psychological warfare than anything else. You can be a doctor, lawyer, physicist or a factory worker, but we are all governed by our emotions no matter what our lot in life is. You don’t have to be a brain surgeon to make money in the markets but you do have to keep an open mind and have a trading system that you have learned and have the discipline to follow its rules regardless of what your emotions are telling you.

There are great Elliot Wave Theorist and Cycle people that have learned through the years what it takes to be successful based not just on their winners but their losers as well. To think you are going to learn a trading discipline in 6 months to a year is unrealistic. Yes you can learn how the trading system works from a technical perspective, but it will take years of hard work, trading in real time and going through many different cycles, to actually understand the true meaning of its strong and weak points. Chartology in no different.

A good example of keeping an open mind and having your emotions under control is happening right now before your very eyes. Just think for a moment what has taken place during the year 2020 which I won’t go into detail as it should be very obvious to anyone who is alive today and not living under a rock somewhere. How can things get any worse from a psychological perspective from the pandemic, political discord to all the conspiracy theories floating around that the deep state is going to take control of our democracy and we should move to another country because things are going to get so bad in the US that no one will want to live here anymore.

The old expression, “to buy when there is blood in the streets,” couldn’t be more relevant to this period we are currently living in right now. It makes absolutely no sense to the average investor on how the markets could go up with all the negativity surrounding our everyday lives right now. What is important to understand is that the markets are looking ahead 6 months to a year from now while the average investor can only see what is in front of him blinded by his own emotions which is very easy to understand. There would be no stock market if everyone got in at the bottom and out at the top.

Some of you may remember what I wrote back on June 22nd of this year in which I could start to see the Chartology setting up for a possible massive rally the likes of which we have never seen before. That was a bold statement at the time as blood was running thick in the streets with no sign of relief. Below is what I wrote back on June 22nd of this year.

June 22nd 2020:

Before we look at today’s charts I would like to give you a short answer on why I’m taking on so many positions in the stock markets. The short answer for now is that I recently had an epiphany moment similar to the one I had on the US dollar back in 2014 when I discovered that massive 11 year base that was a fractal to the one that formed previously that most of you have seen many times.

Currently I’m seeing some patterns setting up in the stock markets that could lead to a very powerful rally the likes of what we’ve never seen before. I realize that many think I’m living in fantasyland by being bullish on the stock markets which is fine because I don’t want to run with the herd. I want to go where no man has gone before. That sounds like a movie title.

The bottom line is that I need to see a little more price action which could happen fairly quickly over the next couple of weeks to come forward with what I think could happen. The kicker is that the PM stocks will go along for the ride. I’m posting this today so I’ll be on record if indeed what I’m seeing plays out. It will mean nothing after the fact.

So here we are almost 6 months later.

In last Friday’s Markets Update I mentioned that I was seeing many of the August consolidation patterns in the US stock markets breaking out. Let’s start with some of the shorter term daily charts and work our way out to some of the longer term charts for perspective.”

Below is the COMPQ which is one of the few that haven’t actually broken out yet. Please note the all time high made back in on February 19th and how insignificant it looks now.

If you recall last Monday the INDU had a monster up day which was the breakout from its August bull flag with the backtest to the top rail last Thursday.

Next is the daily chart for the SPY which shows its complex H&S bottom with the breakout  and backtest from its triangle consolidation pattern last week as well.

The NYA is a broad measure of stocks which one likes to see bullish to help confirm the other stock market indexes.

IWB growth stocks etf.

IWC micro caps:

IWM small caps:

IYM basic materials:

Not only are the US stock markets breaking out but so are the emerging markets.

XME metals and mining etf?

With many of the US stock markets trading into new all time high territory that is what a bull market looks like not a bear market. Emotions are a tough thing to overcome which is virtually impossible for most investors but having a trading system that you are comfortable with and having the discipline to manage it will help you to achieve some success in the markets which is all we can hope for. All at the best…Rambus