The charts are jammed packed with numerous well formed broad bases. It is nothing short of a Stan Weinstein dream. Plus it is smack in the beginning of upward seasonality and at the tail end of tax loss season. I sure hope you are chock full of these babies and have strapped yourself in.

The leaders are already well on their way, but the vast majority are now just in the process of breaking up out of their bases. I am sure you know that sentiment in the PM market has been wretched, but you also should know that is the basis of a great upside move. In fact I have characterized this move as simply going from despised to simply unloved. That slight movement in psychology will deliver a double to even a triple in the most hated (silver producers)

Here are some pictures of pretty bottoms:

I could go on, but I think you get the point.

But, you know what is even more exciting than these daily charts that are just now setting up for upside runs? Take a look at some of the leaders that look somewhat extended on their daily charts and put them on a weekly chart. They are even more exciting as one sees their bases are well tested and set up for powerful moves. Keep in mind the old saw “the bigger the base the higher the space” Here are just 3 of my favs: