Personally I find it interesting that the financial markets jumped higher into this time when the moon's been waning into a new moon and there are other reasons to have been looking for a crest high around now. But what's likely to come next? We kick off our weekend as usual with the engaging insights of Raymond Merriman's previews sharing a glimpse of his forecasting analysis, including market cycles, economy, and even the political climate. 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 December 6, 2010
Written by Raymond Merriman
The Forecast 2011 Book is at the printer now and due for release in about one week. The electronic book version will be ready about the same time, and next week we will announce the actual launch date on the I Pad and the I Phone, and possibly Amazon.com, with instructions as to where and how to place your order for those versions.
Review and Preview
Here we go again. The “Asset Inflation Express” has started its next leg of the itinerary, right in line with Mars in Sagittarius, and square to the Jupiter-Uranus conjunction in Pisces. As stated in last week’s column, “This has the potential for even larger price swings in financial markets than witnessed the last couple of weeks. In the study of Financial Astrology, “big ranges” are the order of the day when Mars, Jupiter, and Uranus are highlighted at the same time. And that is exactly what we are facing in the next 10 days.”
Many of the world indices fell sharply to new 2-month lows on Monday-Tuesday, November 29-30, of last week. But by Friday, they were up sharply, with several at their highest levels in over 2 years, such as the German DAX, Moscow MICEX, and NASDAQ Composite. The Argentine Merval Index soared to a new all-time high last week. Others posted healthy rallies, but remain well short of their yearly highs of early November.
The pattern was somewhat similar in precious metals, where both Gold and Silver were soft early in the week, but strong afterwards. Silver is testing its 30-year high as of Friday, whereas Gold got up to 1409, slightly below its all-time high of 1426 back on November 9. Crude Oil also soared to its highest level since October 2008.
Currencies were quite a story in sharp swings and reversals too. The Euro fell below 1.3000 early in the week, following fears of the credit crisis resurrecting again in several countries, coincident with the bailout of Ireland. But those fears were averted after Germany and other European governments took positive steps to end the panic, at least for now. As the Euro currency recovered, attention reverted back to the United States and its currency. The Dollar fell all week, in a continuing saga related to the financial policies of both the USA government and its Central Bank, which are fundamentally endangering the greenback’s role as the international standard currency unless it can get its financial house back in order sooner rather than later.
Short-Term Geocosmics
It’s a new moon in the volatile sign of Sagittarius early this week, plus both Uranus and Mercury changing directions, following the Mars-Uranus square of Friday December 3. These are all signatures of surprises and unexpected developments. We got a glimpse of it Friday morning, December 3, when the USA employment report showed much smaller gains than expected, and an unexpected jump in the reported unemployment rate to 9.8%. Everyone was expecting better news – unless you are a Financial Astrologer, and just knew that the Mars-Uranus square would not provide anything close to “expected.”
This time band for the “unexpected” is not over, and it does not relate solely to economic news or financial markets. In the world of nature, this time band can coincide with high winds, hurricanes, tornadoes, earthquakes, and power outages. In the world of politics and military matters, it can coincide with terrorist attacks, military attacks, explosions, and accidents. It can be a period of great misunderstanding and angry reactions.
There is a danger here for the U.S. government, which is debating what to do about the Bush tax cuts that are expiring, as well as the new START treaty, or a nuclear arms agreement with Russia. If these decisions are to be made December 10-30, when Mercury is retrograde, chances are it will be yet another policy decision(s) that will require numerous modifications later on.
Longer-Term Thoughts
What is it about this government that can’t seem to make important polices outside of Mercury retrograde periods, when mistakes and oversights are most likely to occur? Why do our leaders fall so far behind schedule, and then have to rush these important policy bills into action at the last minute – when Mercury is retrograde - before anyone can properly study and then debate them wisely? Is it really a sign of effective governance when Congress gives itself only two-five days to read and discuss 2000+page bills before deciding to vote? If that is the case, then why don’t they agree on a policy – for the benefit of the people they serve - to debate and vote on just 100 pages at a time? This is not a hard problem to solve.
Of course, the other possibility is to not get it done at all, which is the present danger regarding the current tax issue. Failure to extend the Bush tax cuts before December 31 will effectively result in the greatest tax increase in USA history. No president or Congress would want that distinction on their record, especially at a time when the country’s economy is still very weak and its unemployment rate still so high. Class warfare is one thing, but allowing taxes to be raised during an economic down time is just yet another dangerous sign of fiscal irresponsibility. But under these geocosmic signatures, this is a real possibility through December. These aspects are anything but agreeable. And if there is agreement, it is likely with the lack of understanding about what they are really agreeing to. It comes out later, and then more time and aggravation has to be spent to change it, or it is accepted as a bad decision for which there will be more of those dreaded “unintended consequences,” as was the case in August under the last Mercury retrograde.
December is usually a time of joy and cheer. After all, it is the season of Sagittarius (November 21-December 21), which is ruled by jovial Jupiter. But this Sagittarian season finds Mars translating the entire Cardinal Climax pattern of July and August 2010 as it moves into Capricorn on December 7. As stated last week, “The effect of this planetary powerhouse will probably be felt until Mars finally leaves its square aspect to Saturn on December 29. How will it feel? Probably very tense…”
How will it affect financial markets? You are already seeing it. Sharp sell-offs, followed by sharp rallies in many markets, and not just stocks. Support and resistance areas are mostly ineffective, for when Uranus is prominent, no boundaries are safe or respected. Prices will explode above resistance and plummet below support, and then suddenly reverse back again just when you think a breakout is happening. This might be a short-term trader’s nirvana, but it will likely unnerve many investors.
Besides the unstable market fluctuations, investors will now have to decide what to do about their portfolios for year-end tax reasons, and at a time when the tax code (i.e. capital gains tax) is anything but certain. If there is one area that most disturbs investors and business people about this current administration, it is its allowance of these matters to remain in limbo for so long. If there is one primary reason why unemployment remains so high, it is this lingering uncertainty about taxes for small businesses. As the payroll numbers showed on Friday, small businesses are not hiring, contrary to misleading assumptions reported by many market commentators. And small businesses are the most important engine for economic growth. They – not government jobs – will lead this country back to economic health. But they need clarity from the government to do this. And so far, after two years, nada.
Nevertheless, Saturn is exalted in Libra for the next two years. There is hope that the new Congress and the White House will find some common ground for agreement, but perhaps not until around the time of the last Jupiter-Uranus conjunction on January 4. The thing is, why do they have to go through these time-consuming and energy-draining arguments first before deciding on the inevitable? The procedures and system are broken, and that may be the message of these hard aspects from Mars to Jupiter, Uranus, Pluto and Saturn through December 29. Make a law that only 100 pages of a bill can be passed at a time, and maybe the populace would develop a greater trust that their elected representatives are truly working with a sense of concern for the duties they have taken on. Maybe the writers of these bills would become more efficient and clear in what they are asking our representatives to vote on. Maybe we could once again believe in good governance, which should be one of the messages of Saturn in Libra.
Announcements
It’s coming! Next week we hope to announce the launch of the electronic book version of Forecast 2011 Book. It will be available on Iphone, IPad, and Amazon.com. There will be a small advanced order window offered by Apple prior to the actual release date, which is expected to be very close to December 15, which is the release date of the printed copy. In next week’s column, we will announce the particulars on you can order your I book version of Forecast 2011!
The English edition of the Forecast 2011 Book is on schedule to come out December 15, and quite possible 1-7 days earlier. It can be pre-ordered at www.mmacycles.com. The Chinese, Swiss, Japanese, and Russian versions are also on schedule to be released by December 15. The Dutch and Spanish versions are expected to be out the week after. The Chinese version will be published in both languages (English on one side and Chinese on the others), for those who wish both translations. We are pleased to announce that it will be available in several languages, through the following MMA publishers, which also publish our free weekly columns in their respective languages. Please contact them to order your copy in these 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.”
January 9, 2011: The annual worldwide webcast on “Forecast 2011.” Details to be announced soon. Cost will be $45.00.
January 14-15, 2011, Zurich, Switzerland. “Forecasts 2011” symposia featuring top mundane and financial astrologers, plus one day workshop on Financial Market Timing with Ray Merriman. The Friday evening symposium begins at 7:00 PM, and features Claude Weiss, Alexandra Klinghammer, Dr. Christoph Schubert-Weller, Verena Bachmann, Monica Kissling, and Raymond Merriman. The cost is 80 CHF prior to December 17, afterwards 95 CHF. Merriman’s talk will be in English (with German translation), the others in German. The Saturday workshop on “Financial Market Timing and Financial Astrology” will take place from 10:00 AM-5:00 PM at the Hotel Senator. The cost is 290 CHF prior to December 17, and 330 CHF afterwards (includes lunch). The workshop will be in English. For more details, go to www.mma-europe.ch, or http://www.mma-europe.ch/stage3.asp?pg1=33&pg2=35&pg3=155. Or you may email to christian.wuethrich@astrodata.com, the conference registrar.
February 6, 2011: Lansing, MI. “Forecasts for 2011” with Raymond Merriman, sponsored by the Learning Center. Contact 517-664-2665 for information.
April 14 and 16, 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. Please note these are new dates.
May 6-8, 2011: Ljubljana, Slovenia and Belgrade, Serbia. Contact bern@astrology.si for details on Slovenia conference and aleksandar@keplerunited.org for Belgrade conference.
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. I am going to have to start talking about this soon because it will be a big event for me. I haven’t had a multi-day conference on my work for several years now. This will be a joy and a challenge to put together what I have learned since 2006, both as a market timing analyst and a trader. I hope several of you can join us. I believe it will be well worth it, if you wish to learn these methods of analysis, and talk to others who also seriously study these subjects. Sign up early to get an advanced registration discount. I have never been to Bali, but I hear it is lovely. I may stay there a few additional weeks and write.
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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