Tag: LT wave

The LT wave did not pan out in April. The market rallied strongly in what was supposed to be a weaker first half of May. And then went sideways when strength was expected in the final two weeks. Some people call that a “phase inversion”, I think that’s just a fancy name for “not working”.… Continue reading LT wave for May 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 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

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

The LT wave did well in December. There was mild sputtering in the first days and then the SPX climbed to just above 6900 in the second week. The middle week, which was expected to be weaker, saw a significant pullback, followed by a rally in the next week, when new record highs were reached.… Continue reading LT wave for January 2026