"The dip has begun" it seems! It's true that a decline could become something more but Ray and other fine analysts are seeing continued strength into next year. 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 15, 2010
Written by Raymond Merriman
Review and Preview
The weekly columns will be shorter than usual this week and next, due to deadline for the Forecast 2011 Book. There may be no “Longer-Term Thoughts” section until after the deadline of December 1. The book is otherwise on schedule to be completed by then, printed and sent out by December 15, to all those who have pre-ordered. It promises to be another dramatic year of surprises, especially given that Uranus will be making a T-square to Federal Reserve Board chart, and natal Venus in the charts of The United States and Barack Obama. The 28-29 year Saturn Return in the USA chart will also be in force late November 2010 through August 2011.
Review and Preview
Equity markets around the world have started a decline following multiple cases of intermarket bearish divergence from multi-year highs of the past week or the week before. In the case of the Dow Jones Industrial Average, for instance, a two-year high was achieved the prior Friday, November 5, right before the new moon in Scorpio the following day. But in the S&P and NASDAQ Composite, higher highs unfolded on Tuesday, November 9, unaccompanied by the DJIA. This, then, becomes a case of intermarket bearish divergence. Since it is late in the primary cycle, the odds favor a corrective decline now of the move up from the lows of July 2. However, it is not likely the start of a new bear market or the end of the “Asset Inflation Express,” unless prices fall below 25-week moving averages.
However, that may not be the case with precious metals, which fell even harder than equity markets. Gold achieved a new all-time high of nearly 1425 on Tuesday, November 9. By Friday, it had traded down to 1359, a loss of nearly 65 points. Silver was even more dramatic. From a 30-year high of 2934 on Tuesday, it had fallen as low as 2576 just three days later, a loss of over 12% that quickly. It fit from the movement of the Moon in the bullish sign of Sagittarius on Tuesday to the very bearish quarter moon in Aquarius on Friday. Grain markets also fell hard on Friday, with many closing limit down. In the case of Soybeans, the yearly high had been achieved earlier that same day.
Short-Term Geocosmics
What caused these dramatic reversals in commodities like precious metals and grains? In fundamental terms, it had to do with the new strength in the U.S. Dollar following broad global criticism of the Federal Reserve’s quantitative easing decisions. As you may recall, this decision was first announced right in the astrological center of the Cardinal Climax on August 6. At that time we pointed out that such a decision would have serious unintended consequences afterwards, for whatever was “born” in that moment would take on the quality of that moment afterwards, as deemed by the nature of planetary principles involved. With Jupiter and Uranus in Aries, opposite to Saturn, and all three forming a grand square to the FRB Sun-Pluto opposition, the analogy was presented of taking a fast race car for a ride one evening and “pushing the pedal to the metal.” But then suddenly the accelerator gets struck, and both the brakes and lights go out as a bend in the road approaches. You are driving in the dark, at a very fast speed because you floored the accelerator to its maximum, without careful thought to what could possibly go wrong.
It is not just the speculative planets Jupiter and Uranus being so close together, and both straddling near the cusp of Aries, the sign of impulse and action, and also a sign of speculation and risk. It is also Mars in Sagittarius now (October 28-December 7). In financial astrology, the combinations of Mars, Jupiter and Uranus being highlighted together can correlate with sharp price moves in many financial markets. Here we have Jupiter and Uranus in conjunction, in the sign of Pisces, which is ruled by Jupiter. And we have Mars in the sign of Sagittarius, which is also ruled by Jupiter. It will be most interesting to witness the week after Thanksgiving, November 29-December 5, when Mars in Sagittarius squares both Jupiter and Uranus, and Uranus turns stationary direct. If you like action and excitement, stay tuned. What we have seen the past couple of weeks may be a prelude to this set up.
Yet there is another explanation by way of Financial Astrology that can also offer insight to what is happening right now. That is the station of Venus, which turns direct on November 18, along with Jupiter the same day. This is not such a bad astrological set up, when you consider both are benefics, and both are in their ruling signs. That is, Venus is in Libra, the sign it rules, and Jupiter is in Pisces, its ruling sign. This would normally portend very good news, for Jupiter pertains to optimism and hope, while Venus in Libra suggests a major agreement between two parties, and maybe many, such as G-20 leaders who are meeting in Seoul this week.
Jupiter also rules trade, and the big issue of this meeting will be the subject of world trade. Everyone is upset that the United States, through the actions of the Federal Reserve Board, is trying to drive down the value of the Dollar to increase its share of world trade. This is upsetting because other nations want to grow their exports, and it is hard to compete with the United States when the international currency reserve is the U.S. Dollar. If the Dollar goes down, their currencies go up. Everyone wants to devalue their currency and get an advantage in world trade to fight their deficits, but the USA seems to be crowding everyone out in order to enact its own agenda. And thus the source of anger over the USA and its Central Bank policies of zero interest rates and quantitative easing.
As illustrated before, this QE luxury liner that was constructed to benefit Americans is headed right into an iceberg in the form of central banks and governments of other nations. It risks creating trade wars. It also risks a host of “unintended consequences,” which a very apt description of what happens when important decisions are made under hard Uranus aspects, such as were present when QE2 was announced. You decide to go speeding in a fast race car in the dark without checking your brakes, lights, and accelerator first, and the next thing you know, they malfunction and you have to act fast and smart, or risk an accident of serious consequences. This popular notion that is better to do something rather than nothing doesn’t always work out well under these kinds of hyper-sensitive geocosmic signatures.
But this week’s Venus and Jupiter stations portend an opportunity to work out these differences with other nations, and even forge new trade agreements that potentially benefit everyone. If in fact this happens, optimism could suddenly replace fear for the holiday season and markets will respond well. If not, then all hell can break loose when Mars enters the square to Jupiter and Uranus in mutable signs in three weeks. My bias is the optimistic scenario. The lights come back on and the brakes start to work again. But there is still the decision to be made about that heavy foot on the accelerator and the desire to go much faster than the speed limit allows.
However, that may not be the case with precious metals, which fell even harder than equity markets. Gold achieved a new all-time high of nearly 1425 on Tuesday, November 9. By Friday, it had traded down to 1359, a loss of nearly 65 points. Silver was even more dramatic. From a 30-year high of 2934 on Tuesday, it had fallen as low as 2576 just three days later, a loss of over 12% that quickly. It fit from the movement of the Moon in the bullish sign of Sagittarius on Tuesday to the very bearish quarter moon in Aquarius on Friday. Grain markets also fell hard on Friday, with many closing limit down. In the case of Soybeans, the yearly high had been achieved earlier that same day.
Short-Term Geocosmics
What caused these dramatic reversals in commodities like precious metals and grains? In fundamental terms, it had to do with the new strength in the U.S. Dollar following broad global criticism of the Federal Reserve’s quantitative easing decisions. As you may recall, this decision was first announced right in the astrological center of the Cardinal Climax on August 6. At that time we pointed out that such a decision would have serious unintended consequences afterwards, for whatever was “born” in that moment would take on the quality of that moment afterwards, as deemed by the nature of planetary principles involved. With Jupiter and Uranus in Aries, opposite to Saturn, and all three forming a grand square to the FRB Sun-Pluto opposition, the analogy was presented of taking a fast race car for a ride one evening and “pushing the pedal to the metal.” But then suddenly the accelerator gets struck, and both the brakes and lights go out as a bend in the road approaches. You are driving in the dark, at a very fast speed because you floored the accelerator to its maximum, without careful thought to what could possibly go wrong.
It is not just the speculative planets Jupiter and Uranus being so close together, and both straddling near the cusp of Aries, the sign of impulse and action, and also a sign of speculation and risk. It is also Mars in Sagittarius now (October 28-December 7). In financial astrology, the combinations of Mars, Jupiter and Uranus being highlighted together can correlate with sharp price moves in many financial markets. Here we have Jupiter and Uranus in conjunction, in the sign of Pisces, which is ruled by Jupiter. And we have Mars in the sign of Sagittarius, which is also ruled by Jupiter. It will be most interesting to witness the week after Thanksgiving, November 29-December 5, when Mars in Sagittarius squares both Jupiter and Uranus, and Uranus turns stationary direct. If you like action and excitement, stay tuned. What we have seen the past couple of weeks may be a prelude to this set up.
Yet there is another explanation by way of Financial Astrology that can also offer insight to what is happening right now. That is the station of Venus, which turns direct on November 18, along with Jupiter the same day. This is not such a bad astrological set up, when you consider both are benefics, and both are in their ruling signs. That is, Venus is in Libra, the sign it rules, and Jupiter is in Pisces, its ruling sign. This would normally portend very good news, for Jupiter pertains to optimism and hope, while Venus in Libra suggests a major agreement between two parties, and maybe many, such as G-20 leaders who are meeting in Seoul this week.
Jupiter also rules trade, and the big issue of this meeting will be the subject of world trade. Everyone is upset that the United States, through the actions of the Federal Reserve Board, is trying to drive down the value of the Dollar to increase its share of world trade. This is upsetting because other nations want to grow their exports, and it is hard to compete with the United States when the international currency reserve is the U.S. Dollar. If the Dollar goes down, their currencies go up. Everyone wants to devalue their currency and get an advantage in world trade to fight their deficits, but the USA seems to be crowding everyone out in order to enact its own agenda. And thus the source of anger over the USA and its Central Bank policies of zero interest rates and quantitative easing.
As illustrated before, this QE luxury liner that was constructed to benefit Americans is headed right into an iceberg in the form of central banks and governments of other nations. It risks creating trade wars. It also risks a host of “unintended consequences,” which a very apt description of what happens when important decisions are made under hard Uranus aspects, such as were present when QE2 was announced. You decide to go speeding in a fast race car in the dark without checking your brakes, lights, and accelerator first, and the next thing you know, they malfunction and you have to act fast and smart, or risk an accident of serious consequences. This popular notion that is better to do something rather than nothing doesn’t always work out well under these kinds of hyper-sensitive geocosmic signatures.
But this week’s Venus and Jupiter stations portend an opportunity to work out these differences with other nations, and even forge new trade agreements that potentially benefit everyone. If in fact this happens, optimism could suddenly replace fear for the holiday season and markets will respond well. If not, then all hell can break loose when Mars enters the square to Jupiter and Uranus in mutable signs in three weeks. My bias is the optimistic scenario. The lights come back on and the brakes start to work again. But there is still the decision to be made about that heavy foot on the accelerator and the desire to go much faster than the speed limit allows.
Announcements
The English edition of the Forecast 2011 Book is on schedule to come out December 15. It can be pre-ordered at www.mmacycles.com. We are pleased to announce that it will also be translated into several languages this year, 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
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. Also interesting is that the huge run up to new yearly highs in world stock indices for the second of this year was covered in the 2010 book. It is all part of the huge “Asset Inflation” described therein.
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.”
The monthly MMA Cycles Reports came out last week. If you are a subscriber, and did not receive it, please contact ordersmma@msn.com at once and let us know. The U.S. version covers the stock market (DJIA and S&P futures), Gold, Silver, T-Notes, Euro and Swiss Franc currencies, grains and crude oil. It also provides the list of geocosmic and solar-lunar reversal zones for the 1-2 months. The MMA Japanese Markets Cycles report covers the Nikkei stock index, Dollar-Yen currency, and JGB government bonds. The MMA Europe Cycles report covers the German DAX, Swiss SMI, and Netherlands AEX stock indices. For information on subscribing, please go to http://www.mmacycles.com/services/.
January 9, 2011: The annual worldwide webcast on “Forecast 2011.” Details to be announced soon. Cost will be $45.00.
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. For more information, please go to http://www.astrologykansascity.com/, or contact allenblasco@yahoo.com. This will probably be the next Financial Astrology workshop in the United States.
May 2011: Ljubljana, Slovenia and Belgrade, Serbia. Details to be announced soon.
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; 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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