The stock market has astrological permission to be bullish - most likely! Here's a preview from Raymond Merriman on how to size it up. We appreciate Raymond Merriman's previews because he shares a glimpse of his forecasting analysis for the financial markets. His perspective on the market cycles, economy, and even political climate is truly unique. He always has remarkable insights to share. We'll see what he's saying in his public comments this weekend, incorporating his cycles analysis with his financial astrology for equities, bonds, currencies and commodities - for commentaries that are always fascinating. Here's Ray Merriman's set of public preview comments for the upcoming week, from his site at Merriman Market Analyst MMACycles Weekly Preview Comments:
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MMA Comments for the Week Beginning November 1, 2010
Written by Raymond Merriman
Note: Act now or pay more later!!! The special pre-publication offer for the Forecast 2011 book ends at 11:59 PM this Sunday night (we will use PST time)! So do the special rates for subscription services, which will return to the normal levels at the same time. Order now and save! For an updated review on the highlights of the Forecast 2010 Book, visit http://www.mmacycles.com/the-news/about-mma/scorecard-for-forecasts-2010/.
Review and Preview
This ought to be quite a week coming up. On Tuesday, the U.S.A. Mid-Term elections take place. On Wednesday, the Federal Reserve Board announces its next step in quantitative easing, which is also referred to as QE2. But this whole process of trying to keep the American economy afloat via manipulation/interference of the markets may be more like the Titanic than the QE (Queen Elizabeth). It is getting harder and harder for the Fed to keep this ship from sinking when the captain and all his officers believe that the only way to stay afloat is to take on more and more water (debt). Eventually they will take on so much water, so the logic goes, that the ocean level (value of the Dollar) will go down enough and the luxury liner (once the world’s greatest economy) can’t sink. In the meantime, Bernanke and the Fed keep patching up the ever growing holes in the hulk, buying time and hoping to limp onto a sandbar before it is too late. Or maybe they are spending their time blowing up an inflatable vessel to carry the passengers to safety, with only a fraction of their values saved.
In the week that just was, in the portal known as the “Cardinal Climax” that continues to defy reality as it was known prior to 2008, the stock markets of the world continued to behave as if it has multiple personalities. Every region acted differently. In the Far East and Pacific Rim, stocks markets fell all week. In Japan, the high of the current cycle occurred on October 7 at 9716, just one day before Venus turned retrograde. It has been down ever since, falling to a new multi-week low of 9179 on Friday. It is nearing its yearly low of 8796 recorded on September 1, in the middle of Mercury retrograde. The Hang Seng of Hong Kong had just made a new yearly high at 23,866 on October 14, just four trading days after Venus turned retrograde. And the same is true with India’s NIFTY index, which made its yearly high on the same day at 6284. But these two indices have also turned straight south, with new multi-week lows this past Friday at 22,880 and 5937 respectively. Only Australia’s All Ordinaries have held up reasonably well this past week. But one has to now wonder if Japan, Hong Kong, and India will continue lower all through Venus retrograde. Any market that makes a new cycle high or low around the time of the retrograde Venus will oftentimes commence a counter-trend move that lasts into the period nearby to Venus turning direct (November 18).
But the stock markets of Europe and the Americas followed a different drummer. All European indices we track soared to new multi-month highs last week. In the case of the German DAX, the surge went to a new yearly high. Here is Germany, following an austerity program in complete opposition to what the United States is doing and advising others (like Germany)to do, announcing that it is in the midst of a remarkable economic recovery and turnaround. The same signals are starting to emerge in Great Britain, which is following a similar economic course. If these sane economic policies can help those two countries, why can’t the United States at least take a look at what they are doing and consider other options than the path straight into the iceberg?
And speaking of the Americas and schizophrenic markets, the Merval Index of Argentina soared to a new all-time high last week as its “power behind the scenes” – former President Nestor Kirchner and husband of current President Christine Kirchner – died of a sudden heart attack. Brazil’s Bovespa index rallied smartly too, and is near its yearly highs. The same is true with both the NASDAQ Composite and Dow Jones Industrial Average, which rallied very close to their yearly highs last week.
Precious metals fell into the middle of the week, with Gold down to 1318 and Silver to 2316, well off their highs of 1388 and 2495 back on October 14-15 respectively. But they started to recover again after Wednesday’s lows, just in time for heliocentric Mercury moving into Sagittarius. That’s the norm for precious metals to start a rally near the beginning of this ingress. Traders of our daily reports have done very well, getting long in the 1260’s on September 11, getting out and going short on the highs around 1380 two weeks ago, covering and returning to the long side again in the past week around 1320. Gold closed at 1357.50. Thank you Financial Astrology and our understanding of the history to Mars in Scorpio.
Short-Term Geocosmics
Despite the abundance of important political and economic events taking place this week, there is little going on in the way of planetary aspects. Neptune turns from retrograde to direct next Saturday, November 6, while a new moon in Scorpio unfolds the next day. That’s an indication that some questionable charges of election irregularities will possibly be alleged – and maybe true. When Neptune is highlighted, so too are experiences like deception and disillusionment. Facts are in short supply, while opinions and “spin” run amok. Courses of action may be instigated that are later found out to be sneaky at best, illegal at worst. On the positive side, this period also highlights spiritual quests, and the urge to take action for peaceful purposes or personal enlightenment. It is a time favoring romance and creativity.
But our eyes are now on November 15-19, when five major geocosmic signatures unfold, including both Venus and Jupiter turning direct on November 18.
Longer-Term Thoughts
October 30 (Saturday) marks the midway point of Venus retrograde of October 11-November 18. Any market that did not reverse its trend around the time of the retrograde oftentimes has a brief but sharp reversal around the midpoint of a retrograde time frame. If it did reverse around the time of the retrograde, then it has the possibility of continuing the contra trend reversal until near the time of the direct. This might apply in the case of Asian stock markets and the Dollar-Yen.
Aside from that, I don’t have a lot to say about the long-term outlook until after the USA elections this week. I am in retreat now, completing the writing of this year’s Forecast 2011 Book, which is due to the printers by the end of this month. I am at the point in the book where I examine the long-term economy, so perhaps I will something remarkable to report in next week’s column. My mind is still focused on the “asset inflation express” of the Jupiter-Uranus conjunction, in late Pisces, with both planets soon to re-enter Aries in January and March respectively.
Although I can see the possibility of a corrective decline in the month of November, my outlook is still for the Dow Jones Industrial Average to reach 13,000 by next June – unless it first closes under 9900. We may not even see a decline below 10,700 before the top is in…. not while Jupiter and Uranus are close to one another and about to enter the fire sign of Aries in early 2011. However, I also note the position and aspects involving Uranus in Aries over the next 7 years still have a high probability of another 50+% decline in the U.S. stock market, especially when it squares Pluto in 2012-2015. The long-term outlook for stocks will be covered thoroughly in the Forecast 2011 Book, complete with a projected graph of the major market movements.
Announcements
This weekend is the last opportunity to reserve a copy of the Forecast 2011 Book at the special pre-publication price of $45.00 (plus postage)! After October 31, the price will increase to $55.00. Our once-a-year special this year includes a 10% discount rate for any subscription service to those who pre-order Forecast 2011 is also in effect until October 31. This is a great deal, and it won’t be offered in next year’s package, when we expect to instead publish “The Ultimate Book on Stock Market Timing, Volume 5: Price Projections.”
Also, we are excited to announce that the Forecast 2011 Book will be available in electronic format on Amazon Kindle, Apple Iphone4, and the IPad! The cost will be $45.00, and of course NO SHIPPING FEES! The only difference is that the electronic version will not have the ephemeris and calendar that is the back part of the printed copy of Forecast 2011. But all the chapters and all the financial markets will be covered, exactly as in the printed version. You will have to order the electronic version directly from Apple when the book is completed. We will let you know when that point is achieved, which we think we will be around December 10. At that time, we will also give links to Apple or Amazon.com where you can place the order for the electronic version.
The Forecast 2011 Book can be pre-ordered in several languages, at attractive pre-publication rates, through the following MMA publishers, which also publish our free weekly columns in their respective languages:
Chinese: at http://www.zzdcycles.com
Dutch: at www.markettiming.nl
German: at http://www.mma-europe.ch/
Japanese: at http://merriman.jp
Russian: at http://www.urania.ru/
Spanish: at www.mmacycles-spanish.com
We have just uploaded one of the chapters from the Forecast 2010 Book on the importance of Jupiter and Uranus together in the Cardinal Climax. It is very pertinent to what is happening today. Click http://www.mmacycles.com/articles/articles/jupiter-entering-the-cardinal-climax/ for a free viewing of this article.
For a detailed review of the forecasts from the Forecast 2010 book, please go to www.mmacycles.com, and scroll down to about the third or fourth article on the opening screen. Or go directly to http://www.mmacycles.com/the-news/about-mma/scorecard-for-forecasts-2010/. It’s even better then we thought when first reviewed in August.
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, 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. 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. 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.” Order now with the Forecast 2011 Book and receive a special 10% rate reduction through October.
January 14-16, 2011, Zurich, Switzerland. “Forecasts 2011” symposia featuring top mundane and financial astrologers, plus one day workshop on Financial Market Timing with Ray Merriman, to be followed by a special meeting with MMA Subscribers (at no cost). For more details, go to www.astrodata.ch.
February 6, 2011: Lansing, MI. “Forecasts for 2011” with Raymond Merriman, sponsored by the Learning Center. Contact 517-664-2665 for information.
March 2011: Miami (tentative). More later, when we confirm.
April 28 and 30, 2011: Kansas City, Mo. “Forecasts for 2011” and “Financial Astrology Workshop” with Raymond Merriman. Sponsored by AOA. Details soon. This will probably be the next Financial Astrology workshop in the United States.
September 1-8, 2011: Bali! "Financial Astrology" Intensive workshop with Raymond Merriman, and "Mundane Astrology" with Claude Weiss. For more information on this unique week-long intensive and incredible South Pacific paradise adventure, please go to http://www.heavenandearthworkshops.com/financial.html.
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 2007-2010; you may link to this site or page, but you may not distribute these texts in any way (by email or otherwise).
Archives
Previous weeklies (2006) are archived at www.olmta.com
For other language editions of MMA´s weekly comments:
Chinese : www.zzdcycles.com
Dutch : www.markettiming.nl (Nederlands)
German : www.mma-europe.ch (Deutch)
Japanese : www.merriman.jp
Polish : www.astrobiznes.pl (Polska)
Russian : www.urania.ru
Serbian : www.mma-balkan.com
Spanish : www.mmacycles-spanish.com (Español)
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