Today I want to show a little trick that works with quarterly charts. The shorter the timeframe, the more noisy the data. Daily news items, Fed decisions, earnings reports,… can cause sudden spikes on hourly and daily charts. Such whipsaw moves can throw off indicators. In monthly or quarterly charts those daily variations even out… Continue reading Using Quarterly Charts
LT wave for April 2026
The LT wave had another good month in March. Expected strength in the first days was not spectacular, but the index kept up. That changed in the second week and stocks kept declining throughout the three weeks with negative LT wave readings. The final days did produce a relief rally. So, it was close to… Continue reading LT wave for April 2026
The case for a 2026 peak
In a post last year we mentioned the solar cycle peak and the potential for an early 2026 stock market peak based on the decadal pattern: Solar Cycle Peak 2025 Let’s go a bit deeper into that, starting with the decadal pattern. (The old Scribd PDF is still online, but you can also download it… Continue reading The case for a 2026 peak
LT wave for March 2026
The LT wave had another good month in February. Weakness in the first days and a rebound at the end of the first week came right on the mark. Those gains were given back in the second week, which was projected to be weaker. Stocks traded with a small upward bias in the final two… Continue reading LT wave for March 2026
LT wave for February 2026
The LT wave did fairly well in January. The start was pretty good, as expected, and then stocks went largely sideways until the second weekend. The period of weakness starting around the 11th was rather mild at first and then intensified near the middle of the month.There was a suprisingly strong rebound rally, which was… Continue reading LT wave for February 2026