Our Mission:  

To provide the best independent research on North American securities.

Phases & Cycles specialises in the Behaviour Analysis of North American stocks and markets. We publish actionable and executable investment ideas for both the Canadian and U.S. equity markets.

Phases & Cycles holds an outstanding track record.                

The research reaches more than 1000 users across North America and Europe.



We recently celebrated our 24th anniversary for which we received many kind messages of praise.

Congratulations on your 24th Anniversary! I have benefitted greatly from reading your thoughtful and uncannily accurate analysis over the years! Keep up the good work.

David Cobbett

MacDougall, MacDougall & MacTier Inc


Congrats on 24 years of blood, sweat, tears, and CHEERS! Thank you for some solid guidance.

Chris Buzzell, CIM®, FCSI, CDFA

Richardson GMP

Congratulations to you all and well deserved praise for wonderful and extremely helpful reports. All the best for many, many more successful years ahead.

Anne Wright CIM

MacDougall, MacDougall & MacTier Inc


CONGRATULATIONS. Thanks for your wise advice over the years. Long life to Phases & Cycles and to you.

Reynald Harpin, CFA

Ex-Chief Pension Investment Officer at Alcan Inc.


Still the best in the business! 

Don Walcot