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Foundation for the Study of Cycles

Live in '25 Conference

The New Case for Cycles
June 12-14, 2025

Highlights

June 12–14, 2025

SUNY Global Center, New York City

In an intimate, highly interactive setting, market legends and pioneering researchers Larry Williams, Peter Eliades, Sherman McClellan, Akhil Patel, Peter Borish, and more shared decades of insights.
FSC all-stars including Dr. Richard Smith, Lars von Thienen, Jake Bernstein, Ray Tomes, Andrew Pancholi, Bill Sarubbi, and Ron William passed the torch to a new generation of cycles explorers, continuing the grand tradition of mentorship and discovery.

Attendees didn’t just listen, they participated, connected, and laid the foundation for a stronger, more unified community. The conference also previewed groundbreaking new tools designed to make cycles analysis more powerful and accessible to all, regardless of background or experience.

From the main stage to the dinner table, Live in ’25 wasn’t just a conference. It was a reunion, a launchpad, and a signal: The next great chapter in cycles science is underway.

Here are some special moments from the event:

Peter Borish Answers Peter Eliades' Question
Peter Borish in conversation with Dr. Richard Smith, as Peter Eliades contributes a question.
Peter Borish and Elliott Prechter
Peter Eliades, Chris Carolan, Elliott Prechter and Peter Borish confer after a session.
Sherman McClellan, Peter Eliades, Larry Williams answer questions at the end of the day.
Market legends Sherman McClellan, Peter Eliades, and Larry Williams didn’t just deliver brilliant presentations at Live in ’25 – they stayed, connected, and shared generously with attendees throughout the conference. Their presence made this gathering truly unforgettable.
Sherman McClellan and Larry Williams at post-conference dinner.
Sherman McClellan and Larry Williams at the post-conference dinner.
Larry Williams and Tom McClellan
Larry Williams and Tom McClellan collaborate.
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FSC Chairman Dr. Richard Smith, Board Member Bill Sarubbi, and Masters Working Group Member and frequent contributor Stan Harley at one of the nightly receptions hosted on SUNY Global Center’s terrace café.
Christopher Carolan and Bruno Estier
Presenter Christopher Carolan and Masters Working Group Member Bruno Estier talk cycles.
Sven Haile, Iain McKay, Andrew Pancholi
Masters Working Group Member Sven Haile and FSC Board Members Iain McKay and Andrew Pancholi celebrating on the SUNY Global Center terrace café.
    So many unforgettable moments at the Live in ’25 conference in NYC last week – but Peter Borish dropping in to share his wisdom with a new generation of cycles explorers was truly a highlight. We’re so grateful for his presence and insight!

    Full Schedule

    Our Live in '25 Presentations

    Live in '25 showcased three days of dynamic discussions, expert insights, and abundant networking opportunities.
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    Peter Eliades

    Keynote Speaker

    Peter Eliades began his career as a stockbroker appearing as a market analyst on FNN. From 1975 to 2011 his Stock Market Cycles newsletter predicted amazingly accurate stock market highs and lows. Eliades has regularly appeared on Business World, CNBC, Wall Street Week, and Nightly Business Report and has been featured in Barron’s, The Wall Street Journal, Forbes, and Futures Magazine.
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    Larry Williams

    Keynote Speaker

    Larry Williams’ career began in 1962 with the stock market crash of that year. Since then, he has authored some of the best-selling futures trading books of all time, including How I Made $1,000,000 Trading Commodities Last Year and has received every major lifetime award in the industry. He is perhaps best known for winning the Robbins World Cup Trading Championship trading $10,000 to $1,100,000, and most every year his students have also won the championship.

    Thursday, June 12

    Cycles in Science and Nature

    The conference kicked off with FSC Science Director Ray Tomes and other distinguished experts exploring Dewey’s legacy and groundbreaking research.

    Highlights included:

    • Tomes’ Harmonics Theory: In his search for common cycles that are universal, Tomes formulated a theory of the origins and structure of these cycles.
    • New frontiers: Hear from leading voices using data and science to expand cycles-based analysis.
    10:00 am

    Dr. Richard Smith

    It's About Time: Quantum Theory and the Primacy of Time
    10:45 am

    Lars von Thienen

    Geomagnetic Cycles
    11:30 am

    Iain MacKay

    Disharmony of the Spheres?
    12:00 pm

    David Marturano

    Cosmic Radiation Cycles and the 36-Year Cycle
    12:30 pm

    David Marturano

    Lunch
    1:30 pm

    Janne Miettinen

    Hormonal Cycles and the Fourth Turning
    2:15 pm

    Janne Miettinen

    Break
    2:45 pm

    Ron William

    Solar Cycles: The Hidden Link Between Macro, Mood, and Markets
    3:15 pm

    Ray Tomes

    A Corrected Physics Predicts the Harmonics Theory
    4:15 pm

    Interactive Roundtable

    Q&A exchange
    5:00 pm

    Interactive Roundtable

    Evening Reception

    Friday, June 13

    Market Cycles and Trading Strategies

    We took a deep dive into market cycles with presentations from world-class analysts and researchers. The day blended expert insights with interactive discussions designed to sharpen your cycles-based approach to navigating financial markets.

    Highlights included:

    • Mastering market rhythms: Proven strategies from leaders in finance and cycles analysis.
    • Collaborative panels: Peer-to-peer exchanges with experts and fellow cycles practitioners.
    9:00 am

    Dr. Richard Smith

    The New Case for Cycles
    9:45 am

    Keynote: Peter Eliades

    Can We Pinpoint a Major Market Top? The Cycles Say Yes!
    10:45 am

    Jake Bernstein

    The Uncanny Persistence of Cycles: A Retrospective
    11:30 am

    Can We Pinpoint a Major Market Top? The Cycles Say Yes!

    Break
    12:00 pm

    Bill Sarubbi

    Mid-Year Market Forecast
    12:45 pm

    Bill Sarubbi

    Lunch
    2:00 pm

    Christopher Carolan

    The Spiral Calendar Updated – Echoes Across Time
    2:45 pm

    Christopher Carolan

    Break
    3:15 pm

    Ron William

    Navigating Macro Cycles in VUCA Times
    (Volatile, Uncertain, Complex, and Ambiguous)

    4:00 pm

    Akhil Patel

    The Rhythm of the Economy: The 18.6-Year Cycle and the Next Global Financial Crisis
    4:45 pm

    Interactive Roundtable

    Q&A exchange
    5:00 pm

    Interactive Roundtable

    Evening Reception

    Saturday, June 14

    Practical Applications and Innovation

    The final day extended the market focus with in-depth workshops, practical demonstrations, and exclusive hands-on sessions designed to help you apply cycles analysis in your investing and research.

    Highlights included:

    • Cycles in action: Tutorials featuring the cycles app and the introduction of AskDewey, FSC’s breakthrough cycles-focused AI chatbot.
    • Cycles fellowship: Engage in meaningful conversations that spark new ideas and connections.
    9:00 am

    Elliott Prechter

    Elliott Wave Technology
    9:45 am

    Keynote: Larry Williams

    How I Use Cycles in Real-Time Trading
    10:45 am

    Keynote: Larry Williams

    Break
    11:15 am

    Sherman McClellan

    Cycles and Breadth: Yesterday and Today
    12:00 pm

    Sherman McClellan

    Lunch
    1:15 pm

    Andrew Pancholi

    Chronodynamics: The Science of Repeating History and Predictable Behavior
    2:00 pm

    Lars von Thienen

    Ask Dewey with Generative AI
    2:45 pm

    Dr. Richard Smith & Lars von Thienen

    Advances in Technical Analysis
    3:30 pm

    Interactive Roundtable

    Q&A exchange
    4:00 pm

    Interactive Roundtable

    Closing Reception
    Coming Soon

    Cycles in the City

    Live in 2026
    The Foundation is proud to announce its next in-person conference, June 14-16, 2026 in New York City. Initial speaker lineup and more details will be announced in December 2025.

    Our Mission

    80 Years of Cycles Research

    The FSC was founded on the principle of "understanding cycles and how they can be used for the betterment of all mankind." Our Live in '25 Conference is the realization of that mission. This June, we celebrate three days of true peer-to-peer exchange of knowledge, lively discussion and cycles fellowship.