Episode summary
Geeking Out On Charts with Chris Kimble and Scott Brown (Ep. 168)
Facts vs Feelings
· · Hosts: Ryan Detrick · Guests: Chris Kimble, Scott Brown
Summary
The episode centered on a striking late-year market backdrop: a sharp rebound from the April lows, improving leadership beneath the surface, and what Chris Kimble and Scott Brown see as the possibility of a much larger breakout in neglected assets. Brown said he was surprised by how fast markets recovered from the spring selloff, while also noting that financials, industrials and small caps have started to lead more recently, which he reads as the market pricing in economic acceleration rather than inflation.
Kimble argued that the real opportunity may be in metals and other long-dead assets that have spent 10 to 18 years going nowhere. He said gold’s move may still be early, not late, and pointed to copper, silver, palladium, platinum, the Swiss franc and emerging markets as examples of long sideways patterns that could produce major upside if they break out. He also linked technical work on Fibonacci and full moons to market history, saying he watches for recurring patterns even if he cannot explain them.
Brown focused on how an advisor can express those views in portfolios, favoring liquid metal exposure over futures-based commodity bets. He also highlighted improving breadth, but warned that sentiment and positioning may be getting stretched and that midterm years can be volatile.
Key takeaways
- Brown said he would not have expected the April lows to lead to a roughly 17% year-to-date rebound, showing how quickly the market recovered.
- Brown thinks the recent leadership in financials, industrials and small caps signals growth acceleration, not an inflation shock.
- Kimble believes gold and a broader metals complex are still early in a long bull move and could be only in the third or fourth inning.
- Kimble said copper, silver, palladium, the Swiss franc and emerging markets have spent 10 to 18 years in sideways patterns that could become major breakout candidates.
- Brown said advisors may be better off using physical-metal ETFs rather than futures-based commodity products because roll costs can distort returns.
- Both guests said market breadth is improving under the surface even if the most visible mega-cap narrative is less dominant than before.
Notable quotes
“at the April lows, I would not have expected us to be up. We're up about 17% year to date”
“I think that's really recording this on December 31st. So, we'll see if it becomes a top year in play, but it's it's a good setup going into 2026”
“I'm afraid gold can go to 10,000”
“I still think we're just in the the third or fourth inning of that”
“I've never seen so many assets in decade and a half sideways patterns”
How the episode opens
Welcome to the Facts Versus Feelings podcast. I'm your host, Ryan Dietrich, and I'm joined by my co-host, Sonu Vargis. Cutting through the noise each week with Ryan Dietrich, chief market strategist, and Sona Vargis, VP global macro strategist.
Taking out the boring and helping investors focus on what really matters. A quick note before we start the show. Investment advisory services offered through CWM LLC, an SEC registered investment advisor.
Carson Partners, a division of CWM LLC, is a nationwide partnership of adviserss. And Sonu is not here, so he I'm just going to run with this one. This week, everybody, we have facts versus feelings coming with two of my very best friends in the industry.
Um, we'll get to that in a second. This is episode 168, Geeking Out on Charts with Chris Kimell and Scott Brown. This is going to be uh so much fun.
Uh hopefully I'll do my best job of being John Stockton to make sure everybody gets a chance to talk and do this. I'll start with you, Chris. Where in the world are you?
I I don't know. Like what's behind you there? Where are you?
Santa Claus rally. — Okay, there you go. — Santa Claus headquarters. — I figured you'd have like a um Oh, Santa Claus hat or something on Chris. Yeah. No. — Well, I thought about it, but — That was my closest I could do. I I like her better than mine, you know.
Well, yeah. So, so we're we're pumped to do this. Um, so let's let's do some brief intro those who don't know. Scott, uh, Scott, you and I worked together many years at a place called LPL Financial. Lot lot of fun. You since left there, and you've kind of started your own thing.
From the episode’s captions: roughly the first two minutes, lightly cleaned. Keep watching on YouTube →
Topics
- market breadth
- sector leadership
- gold and metals
- sentiment vs price
- portfolio construction
Companies and tickers mentioned
- Carson Group
- Kimble Charting Solutions
- Brown Technical Insights
- CWM, LLC
Watch the episode
Watch “Geeking Out On Charts with Chris Kimble and Scott Brown (Ep. 168)” on YouTube
Summary, takeaways and quote selection by Octagon. Quotes are short excerpts; the full conversation is in the episode.
More from Facts vs Feelings
Facts vs Feelings, this episode and its artwork belong to Carson Investment Research. Octagon is not affiliated with the show; this page is an independent summary.
