Core Insights - Hamilton Lane Inc. is currently in Phase 11 of its 18-phase Adhishthana cycle, indicating that the stock is in the descent leg of its Adhishthana Himalayan Formation, suggesting potential further downside before stability returns [1][5]. Summary by Sections Adhishthana Framework - Under the Adhishthana Principles, stocks typically form a Cakra structure between Phases 4 and 8, which has bullish implications. A breakout in Phase 9 initiates the Himalayan Formation, leading to a multi-leg rally [2]. - Hamilton Lane's stock entered Phase 4 in 2020, traded within its Cakra until 2023, and broke out in Phase 9, resulting in a nearly 30% rally followed by an 88% surge in Phase 10, peaking at approximately $203.72 [4]. Current Stock Performance - Following the peak, Hamilton Lane has entered the descent leg, retracing earlier gains, which is a natural part of the cycle according to the Adhishthana framework. The stock initially broke out of its Cakra near $95 and is currently around $125, indicating potential for further correction before reaching equilibrium [5][6]. Investor Outlook - The ongoing descent leg suggests that patience is essential for investors. The Adhishthana cycle indicates that further corrections may occur before a new base forms. Future opportunities may arise in Phase 12 once the stock stabilizes near its original breakout point [6].

Core Insights - Kadant Inc. is currently in Phase 8 of its 18-phase Adhishthana cycle, with a negative outlook as the stock has broken below its Cakra structure, indicating potential selling pressure and underperformance ahead [1][7]. Stock Performance Analysis - The stock formed a Cakra structure between Phases 4 and 8, which typically has bullish implications, but has recently shifted to a bearish outlook after breaking below the lower arc of its Cakra [2][3]. - Following the breakdown, Kadant's stock has fallen by approximately 23% since it broke its Cakra near the $350 level, suggesting continued underperformance until it enters the Guna Triads in Phases 14, 15, and 16, which will not occur until September 2029 [6]. Market Outlook - The current weekly structure indicates sustained weakness for Kadant, with the monthly chart also reflecting a bearish setup as it is in the descent leg of its Himalayan Formation [7]. - While short-term rallies may occur, the overall Adhishthana framework suggests a prolonged phase of consolidation and selling pressure, advising caution for investors and traders considering long positions in Kadant [8].

Core Insights - Bright Horizons Family Solutions Inc. (NYSE:BFAM) has been experiencing a steady decline despite broader market stability, indicating a lack of momentum [1] Group 1: Adhishthana Cycle - The stock is currently in Phase 18, the final stage of its 18-phase Adhishthana cycle, and is in a persistent downtrend [2] - The Guna Triads, consisting of Phases 14, 15, and 16, are crucial in determining whether the stock can reach Nirvana in Phase 18 [2] - For a Nirvana move to occur, the triads must exhibit Satoguna, which is absent in the current formation, leading to a bearish outlook [3][5] Group 2: Investor Outlook - The lack of Satoguna in the triads suggests that Bright Horizons is expected to remain sluggish through Phase 18, which concludes in June 2026 [6] - While occasional rebounds may happen, they are unlikely to be sustained, and the overall outlook remains dim for investors [6]

Core Viewpoint - ArcBest is currently experiencing a bearish trend as it navigates through Phase 9 of its Adhishthana cycle, indicating a cautious outlook for investors [1][10]. Group 1: Cakra Formation and Breakdown - ArcBest initially formed a Cakra structure between Phases 4-8, which typically suggests bullish implications; however, it broke this structure in Phase 6, leading to a bearish breakdown known as the Move of Pralaya [2][3]. - Following the breakdown, ArcBest's stock price fell nearly 55%, and this weakness is expected to persist until it enters the Guna Triads (Phases 14, 15, and 16), which will not begin until 2029 [5][10]. Group 2: Monthly Chart Outlook - On the monthly chart, ArcBest's stock had a significant bullish run in early 2024, surging nearly 380% after entering Phase 9, but this was followed by a sharp reversal [8][9]. - The stock's current descent phase aligns with the Adhishthana framework, reinforcing the bearish setup, suggesting that while short-term rallies may occur, they are unlikely to be sustained [10]. Group 3: Investor Outlook - The overall trend for ArcBest remains bearish, with the Move of Pralaya active and the stock deep in its descent leg, indicating that investors should remain cautious as sluggishness is expected before the next major cycle reset [10].

Core Insights - Charles River Laboratories International Inc. is at a pivotal moment in its 18-phase Adhishthana cycle, currently in Phase 17, with Phase 18 set to commence on October 20 [1] - The stock has demonstrated a strong alignment with the Adhishthana Principles, particularly during Phases 9 to 11, indicating a structured progression [2] - The stock's breakout from a Cakra in Phase 9 led to a significant rally of approximately 63%, followed by an additional rise of about 88% in Phase 10 before retracing [5] Guna Triads and Future Outlook - The stock is currently in Phase 17, a no-action zone, with the preceding phases 14, 15, and 16 known as the Guna Triads, which are crucial for determining the potential for a Nirvana move in Phase 18 [6] - The Guna Triads have shown bearish tendencies, suggesting that a Nirvana move is unlikely, leading to expectations of prolonged consolidation and sluggishness through Phase 18, which will conclude in April 2027 [9] - The outlook for the stock remains dim due to weak triads and the absence of Satoguna, indicating that any short-term rallies in Phase 18 are unlikely to be sustained [10]

Core Insights - Celanese Corporation has experienced a significant stock price decline of nearly 78% since April 2024, dropping from approximately $170 to around $45, indicating a structural breakdown rather than a mere market overreaction [1][6]. Adhishthana Cycle Analysis - According to the Adhishthana Principles, stocks typically form a Cakra structure between Phases 4-8, which usually has bullish implications, followed by a breakout in Phase 9 leading to a strong bullish move [2]. - Initially, Celanese followed this expected path, forming its Cakra from July 2021 through Phase 7. However, in Phase 8, the stock broke down instead of preparing for a bullish breakout, leading to a bearish move known as the Move of Pralaya [3][5]. - The breakdown was severe, with the stock experiencing a drop of over 32% in a single trading session, confirming the Cakra breakdown [5]. Future Outlook - The breakdown suggests that the slump in Celanese's stock price is likely to continue until it reaches the Guna Triads in Phase 14, which is still several years away [6]. - Although some investors, including Citigroup, have recently adopted a positive outlook on the stock, the Adhishthana cycle indicates a bearish trend [6]. - While small rallies may occur, they are expected to be unsustainable, and treating the stock as a value play may be premature given the underlying structural issues [7].

Core Insights - UPS stock has been declining for over 1,300 days, with a negative outlook under the Adhishthana Principles [1] Group 1: Guna Triads and Stock Performance - UPS entered its Guna Triads in April 2023, but failed to show any meaningful bullishness, ruling out the possibility of a Nirvana move in Phase 18 [2][4] - The stock officially entered Phase 18 in March 2025, and has since declined approximately 32%, with this sluggish trend expected to continue until August 2026 [4] Group 2: Investor Outlook - With weak triads and no signs of Satoguna, UPS is anticipated to experience bearish pressure throughout Phase 18, suggesting that investors should remain cautious [5] - Options traders may find opportunities in this weak structure, as bearish or range-bound credit spreads could benefit from UPS's projected trajectory [5]

Core Viewpoint - Banco Macro's stock is currently in a bearish outlook following a breakdown of its Cakra structure, indicating systemic weakness in both its ADR and home-country listing [5][6]. Summary by Sections Adhishthana Cycle Overview - Banco Macro is in Phase 8 of its 18-phase Adhishthana cycle, with a transition from Phase 4 in September 2022 through Phase 6, before entering a problematic Phase 7 [1][2]. Phase 7 Dynamics - In Phase 7, Banco Macro experienced a significant decline, breaking below its Cakra and triggering the Move of Pralaya, which is characterized by strong selling pressure [3][4]. Stock Performance - The stock price of Banco Macro fell from approximately $80 to around $40, representing a decline of over 50% [4]. Investor Outlook - The breakdown of the Cakra suggests a bearish outlook for Banco Macro, with potential underperformance extending until 2029 due to the Guna Triads not beginning until then [5][6]. Market Sentiment - Despite buy ratings from institutions like HSBC, the stock is not considered a value play, and any short-term rallies are unlikely to be sustainable [6][7].

Core Insights - FIS is currently in Phase 15 of its 18-phase Adhishthana cycle, with a troubling outlook under the Adhishthana Principles [1] FIS Weekly Cycle So Far - FIS formed a Cakra structure between Phases 4-8 over approximately 1,200 days, which typically has bullish implications [2][4] - The stock broke out of the Cakra to the downside in Phase 9, leading to a significant decline known as the Move of Pralaya [4][5] Current Position of FIS - FIS is now in its Guna Triads, specifically Phases 14, 15, and 16, which are critical for achieving Nirvana in Phase 18 [6] - There are no signs of Satoguna in Phase 15, making a Nirvana move in Phase 18 unlikely [6] Investor Outlook - The stock has already experienced a Cakra breakdown and a Move of Pralaya, resulting in a decline of approximately 68%, from $150 to $45 [5][9] - Despite some analysts upgrading the stock, the overall picture under the Adhishthana Principles indicates continued risk [9] - If Phase 16 concludes without signs of strength, the stock's prospects remain bleak, suggesting that treating FIS as a value buy may be premature [10]

Core Insights - Amer Sports is currently in Phase 2 of its Adhishthana cycle, which consists of two parts: the Sankhya period and the Buddhi period [2][4] - The stock has experienced a significant rally from approximately $20 to $40 during the Sankhya period, which typically indicates weakness or consolidation [4] - A correction of about 20% occurred as the stock transitioned towards the Buddhi period, dropping from $42 to $32 [4] Market Sentiment - The current rally is viewed with skepticism as it is occurring in the wrong period of Phase 2, which may not be sustainable [6] - Despite some firms remaining bullish, caution is advised due to the misalignment with the Adhishthana Principles [6] - Heavy call writing in out-of-the-money strikes indicates market skepticism [6] Future Outlook - Phase 2 is expected to continue until May 2026, with a clearer setup anticipated only after the Yajña formation begins [6] - Patience is recommended as the best strategy for investors at this time [6]