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MMA Comments for the Week Beginning June 20, 2011
Written by Raymond Merriman
The Market Week in Review
The lunar eclipse of last Wednesday-Thursday, June 15-16, was so total that it not only took out the light of the moon for an abnormally long time, but it also took out the lights out of stocks and other financial markets, many of which fell to new multi-month lows. And then, just as the earth's shadow ended its passage over the moon, so lifted the dark shadow overhanging the financial markets and revealed a new glimmer of hope.
In Europe, the Netherlands AEX index fell to 329.07 late last week, its lowest level since December 1, 2010. But during the day on Friday it was trading back above 335. The London FTSE and Zurich SMI indices were also down to new multi-week lows on Thursday, but both were well above their primary cycle troughs of mid-March. In Germany, the DAX index continued to show more strength than its neighbors. Its weekly low was also on Thursday, but that low at 7017 was higher than the prior week's level of 6991 on June 8. Thus there were several cases of intermarket bullish divergence in Europe on last week's sell-off, followed by a promising recovery.
In Asia and the Pacific Rim, the sell-off continued right into the end of the week as markets closed before the rallies started in Europe and the Americas. In China, both the Shanghai Composite and Hang Seng indices fell to their lowest level since September 2010. The same was true in the Australian All Ordinaries index. Japan's Nikkei also fell to its lowest level since the earthquake lows of mid-March, but it held well above those lows whereas the other indices did not, for yet a possible case of intermarket bullish divergence here as well.
In the Americas, the same intermarket bullish divergence pattern was exhibited. The NASDAQ Composite dropped to 2599 on Thursday, slightly below the 2603 primary cycle low of mid-March. But the Dow Jones Industrial Average bottomed at 11,862 on Wednesday's eclipse date, which was higher than the 11,555 low of March 16 that started the current primary cycle. In Brazil, the Bovespa fell to its lowest level since July 2010, but the Merval index of Argentina held above its low of the prior week on June 8, 2011. Thus in every major region of the world, cases of intermarket bullish divergence were evident last week, and most of these indices (with the exception of Asia and the Pacific Rim) experienced decent rallies by Friday.
Commodities and other financial markets also reversed within two trading days of last week's lunar eclipse. Crude Oil was most pronounced, plunging to 92.12 early Friday, its lowest level since February 22. Gold fell to 1511.40 on Monday, June 13 and Silver to 3440 the next day, their lowest levels of June, and then each rallied into Friday, close to their highs of the week. The Euro fell to 1.4071 on Thursday in the midst of further worries about the ability of Greece to avoid a default. But suddenly it too reversed early Friday with a big rally. The U.S. Treasuries had a significant week as they soared to their highest level since December on Thursday, June 16.
All of these market gyrations support the thoughts expressed in last week's column, which go beyond just the correlation to the lunar eclipse. As stated then, "There is hope from above. If you are religious, I don't need to preach this idea to you. But if you are looking for signs from the heavens – God's writing on the walls of the solar system – there is the possibility of equity markets finding some support this week. Mars is in a sector of the skies that frequently coincides with the end of sharp declines within a week of now…. Additionally Saturn turns stationary direct on Sunday, June 12…. Markets that fall into strong Saturn periods will oftentimes find a bottom nearby, followed by a healthy rally. The question for Financial Astrologers will be how strong such a rally could be?" Bingo. And the question posed last week is still standing: how long and how strong might these reversals become, especially given the fact that Jupiter has left Taurus in the first week of June, and the "Asset Inflation Express" may have ended then?
Short-Term Geocosmics
With the passing of the dark side of the moon (which made everyone a little crazy) and the return to a direct motion of the dark planet Saturn (which made everyone more than a little fearful about the approach of the end times for the world economy), and the departure of Mars from the bearish sector of the New York Stock Exchange chart, our attention now shifts to the next cosmic confluence. That would be the translation of the Sun to the Saturn-Uranus-Pluto T-square, June 26-July 2.
In fact, as the summer solstice begins in the northern hemisphere on June 21 and the Sun enters the security-minded sign of Cancer, it will actually form a grand square with the three heavy planets just mentioned. This could correlate with another rupture in the not-very-solvent fabric of the world financial system, particularly in the United States which will not only celebrate its 235th solar return (birthday) during this season, but also finds its own natal Venus and Jupiter falling into this grand square transiting formation. Because it is the benefics of Venus and Jupiter that are touched by the Sun, the news may be more favorable than unfavorable – at least, at first. It may even extend through the July 4th holiday weekend, for Venus moves into Cancer on July 3 and performs the same cosmic healing to an ailing populace as the Sun does. That is, it conjuncts the USA's natal Venus and Jupiter July 4-8, but it also translates the powerful Saturn-Uranus-Pluto T-square July 7-13. It is like the infatuation one feels after a great first date, only to be informed immediately afterwards that (s)he has just decided to get married – to someone else. Thank you for the lovely evening, but don't call on me again. The ground falls out from beneath you. And so it is whenever Uranus is involved: the ground you stand on cannot be counted upon. It's not stable. Your life is subject to sudden disruptions and social earthquakes, especially if you have done nothing to fortify your structure over the past several years when you had the opportunity to do so. And all that is left is the overdue debt from that fabulous evening, scheduled for default faster than you can say "August 5."
We are going to hear a lot of confusing double talk in the next few weeks as Mars enters Gemini on Monday, June 20. And the first aspect it forms is a waxing square to Neptune in Pisces on Wednesday, June 22 as the Summer Solstice just gets underway. It is going to be a very interesting few weeks for the Commander in Chief, whose own natal Chiron-Moon-Pluto T-square will be activated by Mars, the god of war, now. If he and his advisors are truly smart, he (and they) would take a vacation from public speaking and avoid the press, and instead use these next few days to quietly create a new and effective way to defuse the looming debt crisis. Otherwise the wrong choice of words by the occupants of the White House could have the opposite effect: the debt bomb explodes.
Something dramatic may be about to happen in the world financial structure in the next couple of weeks. It's as if a reset button (Pluto) on world currencies (Venus) and debt is about to be pressed. Pluto (debt) is still at the midpoint of the Saturn-Uranus opposition. And both the Sun and Venus are about to touch it off in a cardinal grand square affecting the USA and the Federal Reserve Board. It's the Fourth of July – Independence Day - coming up for the United States, and the fuse to the explosives is lit. Do you celebrate or take cover? Is it entertainment or desperate "under-the-radar" actions by political midwives posing as economic healers?
Personal Astrology and Longer-Term Thoughts
Last October I did an internet presentation for traders of the ICE exchange (Intercontinental Exchange) on the future of the U.S. Dollar, as well as the U.S. stock market. A video recording of that presentation has just been uploaded athttp://www.youtube.com/raymondmerriman. The thoughts expressed at that time contain many of the ideas I have about the long-term outlook even today. Please feel free to view and share it with your friends and associates.
Announcements
If you are an active short-term trader, you may be interested in our Weekly or even Daily Market reports with short-term trading recommendations. It is the only way I keep in touch with traders on a daily or even weekly basis, as I no longer offer personal consultations. These reports give in-depth analysis of the DJIA, S&P and NASDAQ futures, Euro currency (cash and futures), Swiss Franc, Dollar/Yen cash and Yen futures, Euro-Yen cash, T-Notes, Soybeans, Crude Oil, Gold and Silver. The daily reports cover all stock indices listed above, as well as futures in Euro, T-Notes, Soybeans, Gold and Silver. Both reports provide trading strategies and recommendations for position traders as well as for shorter-term aggressive traders. Subscription to the daily report also includes the weekly report. For more information, go to http://www.mmacycles.com/services, or call our offices at 1-248-626-3034. These reports are extremely valuable to those who trade ETF's (Exchange Traded Funds). In the words of one of our subscribers: "I recently subscribed to your weekly report and am finding it to be excellent and a very useful companion to the MMA Cycles Report. I can't imagine now managing my investments without them."
The writing of "The Ultimate Book on Stock Market Timing, Volume 5: Price Objectives and Technical Analysis," is ahead of schedule and should be out in September as planned, and maybe even sooner. This book will be approximately 250-275 pages, printed in perfect bind format, gloss cover, 8-1/2" x 11" size, and basically the same style as the other four volumes. The retail price at the time of publication will be $144.00. But as we are close to completion, we now offer a pre-publication special price of $95.00 (plus postage) to those who place an order before July 15. There will be another pre-publication offer at $125.00 at that point until the book is actually on the printing presses, at which time the price will be set at $144.00. This publication will complete the project that started in 1996, and covered approximately 1600 pages of studies and strategies for all types of traders and investors, using our market timing methods. In all, this is a complete and unified approach to analyzing (and trading) financial markets, and especially stock markets. The previous 4 volumes have been on "when" to buy and sell, or how to forecast a future cycle low or high. This last volume addresses the subject of "where" to buy and sell, or at "what price" to buy and sell. It is the missing link to the first four volumes. It details the mathematical formulas and technical studies used to enhance timing of entry and exit in any market, but especially stock indices. If you are interested in this unique and integrated methodology for analyzing and forecasting stock indices, you can save big bucks by ordering now at www.mmacycles.com, orhttp://www.mmacycles.com/catalogue/books/the-ultimate-book-on-stock-market-timing-volume-5/
Special Offer!!! Good while supplies last! New or renewing subscribers to any MMA subscription services will receive FREE one copy of the "English version only" of the Forecasts 2011 Book (postage cost not included). This offer is available to all MMA subscription reports, except 2-issue versions of the MMA Cycles Report. This offer ends when the remaining copies are sold out, and it does not apply to the foreign translated versions unless announced on their respective websites. To get your free copy of Forecasts 2011 with a subscription to an MMA reports, simply go tohttp://www.mmacycles.com/services/. When you place order, mention "special offer" under the comments section of your order. Or call us at 1-248-626-3034.
There are still a few copies remaining of the Forecast 2011 Book. Those remaining printed copies are now marked down to $35.00. They will be marked down further to $30.00 on July 1, should any still be available. The electronic book version of the book is also available via iPad, the iPhone 4, and Amazon Kindle, but those prices cannot be changed. The Amazon Kindle edition is available to anyone anywhere in the world. Just go to their bookstore and type in "Raymond Merriman" or "Forecast 2011." It is available in Spanish as well. It is also available via ITunes if you have the Apple I Pad or I Phone 4. Both the English and Spanish versions are available in this format to any resident of Australia, Canada, France, Germany, United Kingdom, or the United States. If you are not a resident of these countries, you can still order it if you have an email address registered via one of these countries. Just go to iTunes, and then "Library," then "Store," then in the field titled "Search," type in "Forecast 2011" or "Raymond Merriman" (without quotation marks).
Events:
August 13, 2011: San Francisco, CA. Financial Market Timing seminar, featuring Raymond Merriman and other market timers. It is on. Details to be announced shortly at www.tsaasf.org. Immediately afterwards will be a special meeting with MMA subscribers who are present.
January 6-7, 2012: Zurich Switzerland. Forecast 2012 Symposia sponsored by AstroData. Details to be announced shortly at www.mma-europe.ch.
January 18, 2012: Amsterdam, Netherlands. "Forecast 2012." The date is not yet finalized, but will be shortly, and it will be around this date.
March 16-18, 2012: The 8th Annual Balkan International Conference, Belgrade, Serbia. Featuring a workshop on Financial Astrology with Raymond Merriman.
April 19 and 21, Boulder, Colorado. "Forecast 2012" with Raymond Merriman, plus a workshop on "Financial Market Timing," focusing on equities and precious metals. Sponsored by ROMA. For more information and registration, contact dralagifts@msn.com.
May 24-29, 2012: UAC!!! The world's largest astrological conference. Taking place at the New Orleans Marriott Hotel. Go to www.uacastrology.com. There will be an awesome Financial Track, featuring some of the top Financial Astrologers and researchers in the world.
September 20-27, 2012: The first annual "MMA International Cycles Summit on World Economy, Politics, and Financial Markets." Location will be in Lake Bled, Slovenia, one of the most beautiful regions in the world. Details will be announced soon. It's on!
Disclaimer and statement of purpose:
The purpose of this column is not to predict the future movement of various financial markets. However, that is the purpose of the MMA (Merriman Market Analyst) subscription services. This column is not a subscription service. It is a free service, except in those cases where a fee may be assessed to cover the cost of translating this column from English into a non-English language.
This weekly report is written with the intent to educate the reader on the relationship between astrological factors and collective human activities as they are happening. In this regard, this report will oftentimes report what happened in various stock and financial markets throughout the world in the past week, and discuss that movement in light of the geocosmic signatures that were in effect. It will then identify the geocosmic factors that will be in effect in the next week, or even month, or even years, and the author's understanding of how these signatures will likely affect human activity in the times to come. The author (Merriman) will do this from a perspective of a cycle's analyst looking at the military, political, economic, and even financial markets of the world.
It is possible that some forecasts will be made based on these factors. However, the primary goal is to both educate and alert the reader as to the psychological climate we are in, from an astrological perspective. The hope is that it will help the reader understand these psychological dynamics that underlie (or coincide with) the news events and hence financial markets of the day.
No guarantee as to the accuracy of this report is being made here. Any decisions in financial markets are solely the responsibility of the reader, and neither the author nor the publishers assume any responsibility at all for those individual decisions. Reader should understand that futures and options trading are considered high risk.
Copyright MMACycles 2007-2011; you may link to this site or page, but you may not distribute these texts in any way (by email or otherwise).
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