A Note from the Chairman

October 31, 2025Letters

All action in time requires endurance, involves risk and pain, and ultimately yields new knowledge and insight. That’s a truth – and a cycle – that the FSC stands behind. We can and will continue to study cycles, but what matters most is the feedback loop of action and learning in time. That is the cycle we can only complete with you, our Members.

A Note from the Chairman

September 27, 2025Letters

Cycles are everywhere. They pulse through markets, nature, and history itself – and this month at the Foundation for the Study of Cycles, we’ve seen that truth brought to life in remarkable ways.

Year-End Rally: Myth or Money Maker?

August 13, 2025News

Enjoy this multi-part series from FSC Board member Jake Bernstein on Recurrent Patterns in “Small Trader” Stock Futures Market Sentiment.

Honoring the Pillars of the FSC Renaissance at Live in ’25

June 26, 2025News

At the Live in ’25 conference we paused to honor three extraordinary individuals who have been instrumental to the renaissance of the FSC.

Live in '25 Recap

June 26, 2025Letters

Last week’s conference in New York City was nothing short of historic. For three days, over a hundred passionate cycle analysts, market veterans, and curious minds came together in an unprecedented gathering. It was the largest in-person event the Foundation for the Study of Cycles has hosted in decades – and the energy was electric.

Titans of Market Cycles Analysis Convene at Live in '25

June 20, 2025News

Live in ’25 marked a turning point: the first time in decades the global cycles community came together, face to face, in one room.

Embracing Complexity

March 27, 2025Letters

From our founding, the FSC has been concerned with a bigger picture about how we understand our world and how we make decisions – individually and collectively. At the heart of that concern is a sense, as Dewey himself put it, that “something is missing” from our current analytical approaches.

2025 (Wood) Snake: A Year of Renewal & Agility?

February 27, 2025News

In Asia, a collective population of nearly 2 billion recently celebrated their New Year by saying “gōngxǐ fācái”, an expression that wishes “health and prosperity.” What will the 2025 (wood) Snake year likely bring?

Solving the Technology Shake-Up With Cycles

February 26, 2025News

The S&P and NASDAQ indices, both weighted and unweighted, have broken out of consolidations. The cycles for both indices point up, so higher quotes are likely.

A Note from the Chairman on FSC's Archives

November 27, 2024Letters

Like most treasure hunts, mine involves a lot of drudgery, physical work, impossible to justify expenses, and trips to the dump. It started over a decade ago when I bought a plane ticket (my first expense) and made my way to southern California to see what I might find.

Yen/Dollar: An Update

November 25, 2024News

Jake Bernstein highlights a market that he believes is positioned for a major price move.

Whereto for Very Long Climate Cycles?

September 27, 2024News

Western geologists have established that there are very long climate cycles with periods in repeated ratios of 2 and Russian Geologist S N Afanasiev has determined one of these cycles periods very accurately using his Nanocycles method.

A Note From FSC Chairman on Raymond Wheeler

August 26, 2024Letters

Board Chair Dr. Richard Smith on psychology professor Raymond Wheeler who studied the effects of climate on human psychology, culture, and behavior.

Time to Yen for the Yen?

July 25, 2024News

Jake Bernstein highlights a market that he believes is positioned for a major price move.

Harmonics Theory, Part 18: No Big Bang

May 29, 2024News

This is the final installment of FSC Science Director Ray Tomes' blog series in which shared the fundamentals of physics in layman's terms, showing how present theory must inevitably lead to all waves losing energy and forming harmonically related waves.

Harmonics Theory, Part 17: Origin of the Harmonics Theory

April 25, 2024News

This blog series from FSC Science Director Ray Tomes will share the fundamentals of physics in layman's terms, showing how present theory must inevitably lead to all waves losing energy and forming harmonically related waves.

Recurrent Patterns in “Small Trader” Stock Futures Market Sentiment: A Working Hypothesis Part 2

April 22, 2024News

Enjoy this multi-part series from FSC Board member Jake Bernstein on Recurrent Patterns in “Small Trader” Stock Futures Market Sentiment.

Forward to Cycles: The Mysterious Forces That Trigger Events

March 27, 2024News

This is the forward by FSC Chairman of the Board and Executive Director Dr. Richard Smith from the newly republished Cycles: The Mysterious Forces That Trigger Events by FSC Founder Edward R. Dewey.

Harmonics Theory, Part 15: The Fundamental Cycle

March 22, 2024News

This blog series from FSC science director Ray Tomes shares the fundamentals of physics in layman's terms, showing how present theory must inevitably lead to all waves losing energy and forming harmonically related waves. The end result is a very specific detailed structure that matches the observed universe and explains many previously mysterious observations.

FSC Market Forecast 2024 Recap

January 24, 2024News

The Foundation Study for Cycles (FSC) recently hosted Market Forecast 2024, featuring key insights from several leading market experts.

4th Annual Market Forecast

December 21, 2023News

Join us live for Market Forecast 2024, a three-day event from January 9 to 11 at 4PM EST. This year's event showcases some of the greatest minds in finance and cycles analysis.

Santa Claus Is Coming To Town

December 19, 2023News

Sound the alarm! The recent escape-velocity melt-up in mega cap tech, is likely to suffer the perils of "painting the tape," based on historic divergences in market internals.

Get a First Look at the Cycles App Upgrade

November 16, 2023News

Join us for a LIVE demonstration of the new app on Thursday, November 30 at 4PM EDT.

“This is gold, Mr. Bond!”

October 30, 2023News

Harmonics Theory, Part 10: Families of Harmonics

September 28, 2023News

This blog series from FSC Science Director Ray Tomes will share the fundamentals of physics in layman's terms, showing how present theory must inevitably lead to all waves losing energy and forming harmonically related waves.

Tech Innovation Cycles & the Current Mega-Cap Melt-Up

July 21, 2023News

Sound the alarm! The recent escape-velocity melt-up in mega cap tech, is likely to suffer the perils of "painting the tape," based on historic divergences in market internals.

The Perils of "Painting the Tape"

June 29, 2023News

Sound the alarm! The recent escape-velocity melt-up in mega cap tech, is likely to suffer the perils of "painting the tape," based on historic divergences in market internals.

Financial Crisis Forum Recap

May 25, 2023News

The Foundation for the Study of Cycles hosted a Financial Crisis Forum to share insights on whether the recent volatile macro landscape was a “near miss or eye of the storm.”

FSC to Offer World-Class Cycles Detection Technology

April 22, 2023News

The FSC announced an agreement to merge with WhenToTrade (WTT) and offer exclusive access to WTT's powerful cycles analysis technology.

Harmonics Theory, Part 5: Nonlinear Waves Make Harmonics

April 10, 2023News

This blog series from FSC Science Director Ray Tomes will share the fundamentals of physics in layman's terms, showing how present theory must inevitably lead to all waves losing energy and forming harmonically related waves.

Are the Dominoes Starting to Fall?

March 17, 2023News

BlackRock CEO Larry Fink asked in his annual letter to shareholders whether "the dominoes" are "starting to fall" in the U.S. financial system, pointing to the collapse of Silicon Valley Bank (SVB) last week and a number of other issues that could emerge following years of easy money.

Harmonics Theory, Part 4: Speed of Light

March 10, 2023News

This new blog series from FSC Science Director Ray Tomes will share the fundamentals of physics in layman's terms, showing how present theory must inevitably lead to all waves losing energy and forming harmonically related waves.

Will the 2023 (Water) Rabbit Hop or Drop?

February 9, 2023News

This year has been surprisingly positive, with SPX gaining 6%, significantly outperforming the historical average. Most importantly, it also offered relief from last year’s market carnage. What's next?

Harmonics Theory, Part 3: Nonlinearity of Waves

January 30, 2023News

This new blog series from FSC Science Director Ray Tomes will share the fundamentals of physics in layman's terms, showing how present theory must inevitably lead to all waves losing energy and forming harmonically related waves.

Market Forecast 2023

December 19, 2022News

Join us live for Market Forecast 2023, a three-day event on January 10-12 at 4 PM EST. Register for limited early-bird pricing.

Harmonics Theory, Part 1: The Physics and Maths

November 17, 2022News

This new blog series from FSC science director Ray Tomes will share the fundamentals of physics in layman's terms, showing how present theory must inevitably lead to all waves losing energy and forming harmonically related waves. The end result is a very specific detailed structure that matches the observed universe and explains many previously mysterious observations.

The Halloween Effect: Trick or Treat?

November 1, 2022News

Elevated market volatility and black swan event risk proved scary to most investors as we marked the ominous Halloween festivity. In financial markets, Halloween’s (late-October) timing coincides with the aftermath of an infamous fall-crash pattern, which typically fuels a relief-rally from oversold extremes.

Cycles in Composers

October 5, 2022News

Is there a 125-year cycle in birth dates of composers?

FSC's Roundtable on Gold and other Precious Metals Recap

September 28, 2022News

A report on the Foundation of Study of Cycles' critical roundtable on gold and other precious metals in August featuring five expert speakers and hosted by Ron William CFTe.

JPY: Catching the Falling Knife?

August 8, 2022News

JPY has been in free-fall liquidation, down nearly 20% YTD, becoming the worst performing currency among its developed G10 peers. How do investors avoid “catching the falling knife?”

Seasonality Patterns Realign

July 5, 2022News

Global markets clearly decided to sell in May (SIM) this year, but rather than go away, opportunistic speculators returned straight away, with S&P500 bouncing twice by almost 10% from oversold extremes during late May and mid-June. Market professionals are now debating if they should buy the dip, or sell the rally.

Lars von Thienen on Markus Koch Wall Street

May 18, 2022News

Board Member, Lars von Thienen was interviewed recently by Markus Koch on Markus Koch Wall Street.

FSC Cycles App Finalist for Technical Analyst Awards

March 31, 2022News

The Foundation for the Study of Cycles' cycles-detection technology has been selected as a finalist in The Technical Analyst Awards 2022 in the categories of Best Special Product/Research and Most Innovative New Product.

Theodore Modis on the Primordial S-Curve

March 5, 2022Cycles TV

On a very special episode of Cycles TV, Theodore Modis shares his work on the Primordial S-Curve and the relationship between complexity and entropy.

Market Cycles Report Predicts Baltic Dry Index Crash

January 24, 2022Cycles TV

In September 2021, FSC Board Member Lars von Thienen analyzed the Baltic Dry Index in a live episode of Market Cycles Report, noting that the dominant cycle was peaking. It peaked one week after the live broadcast.

The FSC Mourns the Loss of Richard Mogey

September 20, 2021News

It is with a deep appreciation for the contributions of Richard Mogey to the Foundation for the Study of Cycles that we share with you the sad news of his recent passing.

S&P Short-Term Cycles Outlook

May 28, 2021News

According to Board Member Bill Sarubbi's short-term cycles outlook for the S&P, the period of May-June, EOM strength will begin on May 31 and run to June 12.

NEW Cycles TV: Saturday Science Summary

May 5, 2021Cycles TV

Ray Tomes, FSC Board Member and Science Director, will host the new Saturday Science Summary on Cycles TV. The recorded broadcast will explore recent science news through the lens of cycles analysis.

Cycles Magazine: Special Earth Day Issue

April 22, 2021News

Another exceptional issue of Cycles Magazine is out! This special Earth Day issue features a reprint of one of the most important papers in the history of the Foundation, The Case for Cycles by our Founder, Edward R. Dewey.

Cycles TV Live with Jay Kaeppel

March 19, 2021Cycles TV

SAVE THE DATE: On Saturday, March 27 at noon EDT, join us live for a very special episode of Cycles TV. Dr. Richard Smith will interview Jay Kaeppel, Senior Research Analyst at Sentiment Trader.