Cycle Basics

Cycle Basics is the core subhub for understanding how market phases shape investor behavior, sector leadership, and stock characteristics within the broader Market Cycles framework.

What This Subhub Covers

This subhub defines the main concepts used to understand recurring market environments. It covers the overall market cycle, the difference between bullish and bearish conditions, how leadership can shift through sector rotation, and why cyclical and defensive stocks tend to behave differently across changing phases.

Pages in This Subhub

The pages below are grouped by function so readers can move from core definitions to comparisons and then to applied analytical frameworks.

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Strategy Pages

This page serves as a category-level navigation point for cycle fundamentals and related analytical paths without replacing the role of the individual child pages.