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MMA Comments for the Week Beginning January 24, 2011
Written by Raymond Merriman
Review and Preview
The Jupiter-Uranus "Asset Inflation Express" was alive and well last week in equity and grain markets. But there are some signs that a corrective decline may be readying in both as Jupiter prepares its entrance into Aries this weekend. In the Asia and the Pacific Rim, there were several signs of intermarket bearish divergence. The Japanese Nikkei index recorded its highest price of this cycle on January 13, when Mars made its sextile to Jupiter. It rallied again into the full moon of Wednesday, January 19, but fell slightly short of the high from the prior week. It then sold off rather sharply on Friday, confirming January 13 as a primary cycle crest. However, in Hong Kong and Australia, the highs of January 19 were well above the highs of January 13. In the case of the All Ordinaries, prices reached their highest level since April 22, 2010. The Hang Seng is still well below its highs of mid-November 2010. And in India, the NIFTY Index diverged so much that it continues testing its lowest levels since September 2010, while others make new multi-month highs. In Europe, the German DAX soared to its highest level in over 30 months when it reached 7165 on the full moon of Wednesday, January 19. The Netherlands AEX soared to its highest level since September 2008, on the same full moon last week. The SMI of Zurich went to its highest level since April 2010 on January 19, while the FTSE of London was less impressive. Its rally last week failed to exceed its high of 6090 on January 6. Thus we have a case of intermarket bearish divergence setting up in Europe as well. The Americas were a little more impressive, especially in Argentina where the Merval stock index rallied to another new all-time high as of late last week. The Bovespa of Brazil also rallied, but it couldn't even exceed its recent highs of January 13, let alone the highs of last November. But Brazil is experiencing currency and inflation problems under the recent Jupiter-Uranus conjunction signature (an inflationary combination). We see this in India too. But in the U.S.A., both the Dow Jones Industrial Average and the NASDAQ Composite made new 2.5-year highs on last week's full moon, January 19. After a sharp 1-day pullback, the DJIA soared to another new high on Friday, January 21, but the NASDAQ Composite (and S&P) fell well short of Wednesday's high for yet another case of intermarket bearish divergence. But will these mean anything since last week was not a normal geocosmic critical reversal date? We now wait and see if those highs will hold and lead to a substantial decline, or just a modest correction before the next wave up begins. Gold and Silver continued to take a beating as investors see more opportunities for growth and profits in stocks, given the recent agreement on taxes in the United States. Gold fell well below 1350 an ounce, and Silver well below 2800. Their recent highs were 1432.50 in Gold on December 7, and 3127 in Silver on January 3, both of which were three-star critical reversal dates given long ago in last year's Forecast Book, as well as our monthly MMA Cycles Reports. Yet investors are not fleeing all commodities. The grain markets, and in particular Corn, continued to soar to historically very high price levels last week. Short-Term GeocosmicsThe recent highs in world stock indices are related to several geocosmic factors as discussed in this weekly column. Whether you take the highs of last Wednesday, January 19, or the highs of some others during the prior week on January 13, they are both within the 11-trading days' time band surrounding the 14-year Jupiter-Uranus conjunction of January 4. That time band ended January 19. That was also the day the Sun made a harmonious aspect (sextile) to Jupiter. On January 13, when some other indices made new cycle highs, Mars was in sextile to Jupiter. As stated last week, "This is a time when stock markets could make important highs or lows, and then reverse substantially. The DJIA and several European markets have indeed been making new highs as of last week, so there is a possibility of a decline now. Perhaps it started with the sextile of Mars and Jupiter last Wednesday (January 13) for some. Or perhaps it begins with the full moon and the sextile of Sun and Moon on January 19." They both worked for most indices, although the DJIA rallied strongly enough on Friday, January b21, to make yet another new high, unconfirmed by all other indices we track. As we note the Sun and Mars aspects to Jupiter of January 13 and 19, it becomes apparent that these two fiery bodies are coming together soon. Their conjunction will take place on Friday, February 4. In a study I presented at one of the Astro Economic conferences in Chicago several years ago, I demonstrated that this conjunction – with an orb of 1-4 weeks - had the highest correlation to 10% or greater moves in the Dow Jones Industrial Average. That is, the stock market would make a high or low that was at least 10% from a prior high or low, and then commence a 10+% counter trend reversal during the orb of influence associated with this planetary conjunction. Let us assume for a moment that the DJIA is in fact up at least 10% from the lows of last summer, July 2, when it fell to 9614. Or perhaps it will even be 10% above the 10,929 lows of November 29, which was when our position traders went long (and are still long from that time, but they should be taking some profits now). The Sun-Mars conjunction suggests that a top could be forming in this period from which prices will now drop 10%, before resuming the next leg up to new highs. How long that decline takes is a matter of speculation. It could be quick, perhaps completed in early February as transiting Mars sets off the Mercury-Pluto square in the NYSE chart (May 17, 1792) at 23 degrees of Aquarius. Or it may last until the middle of Jupiter's transit through Aries, which will take place within a couple of weeks of the Jupiter-Saturn opposition of March 28. This period is also important, for stock indices tend to have a pullback around the middle of Jupiter's trek through Aries, as shown in the graph of Jupiter's transit through signs in the Forecast 2011 book, correlated with the DJIA, as derived from the Financial Trader program of Air software (Alphee Lavoie) in Connecticut. But late March is also the time when the USA Congress and White House must raise the debt ceiling limit, or else the USA will default. It's closer than you think, and with Pluto in Capricorn in opposition to the USA natal Jupiter, a default may definitely be in the cards, er… stars. However, I think they will come to an agreement this time. I am more concerned about 2012-2015 when Uranus makes its 126-year waxing square to Pluto, which makes a grand square to the USA Sun-Saturn square in2013-2014. In addition we note that Jupiter will ingress from Pisces into Aries this weekend, January 22, and Saturn will turn stationary retrograde on Tuesday, January 25. Both can coincide with important cycle crests. The ingress of Jupiter into Aries is a rather bullish time for stock indices, pointing to a top within two weeks of this ingress, and another one when Jupiter leaves Aries for Taurus (June 4). We don't know which high will be higher, which is why our general call over a year ago was – and still is - for an important crest between January-June 2011. In the past few years, Saturn stations have coincided with primary cycle crests within a couple of days too. However, over the past 30 years, this Level 1 signature has just as often coincided with primary cycle troughs within an orb of 11 trading days. As the DJIA is making new 2-year highs now, the implication is that it will correspond to at least a half-primary cycle crest. |
Announcements
The "Forecasts for 2011 Webcast" with Raymond Merriman that took place on Sunday, January 9, 2011 will be available by DVD or CD around January 20. It is available now via "Streaming Review" for 27 days, or through MP3 purchase. It was a good presentation, filled with many investment ideas with timing insights. The cost for the MP3 or Streaming Review is $45.00 (no postage). The cost of the CD is $45.00, + postage. The cost of the DVD is $59.99 + postage. The market charts used in the presentation will be emailed to you separately in a PDF format. To purchase your copy of this Forecast 2011 webcast, just register at the MMA Website (www.mmacycles.com). Or drop us an email (ordersmma@msn.com) or fax (248-538-5296), or call us at 1-248-626-3034.
The monthly MMA Cycles Reports came out last week. If you are a subscriber to this report and did not receive it, please contact us at once. This particular issue was a special edition, discussing the longer-term stock market cycles (ala the former SOS reports). It also covers the near-term analysis of 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 next 1-2 months. The MMA Japanese Markets Cycles report and the MMA Europe Cycles report also came out last week. The Japanese 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 tohttp://www.mmacycles.com/services/.
It's out!!! The Forecast 2011 Book is now out in both printed edition and electronic book edition, via I Pad, the I Phone 4, and as of Friday, on the Amazon Kindle electronic book format too!!! The Amazon Kindle edition is available to anyone anywhere who has a Kindle. Just go to their bookstore and type in "Raymond Merriman" or "Forecast 2011." It will be available in Spanish as well. It is also available to via ITunes if you have the Apple I Pad or I Phone 4. Both the English and Spanish versions are available 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).
The hardcover printed version of Forecast 2011 is out in Chinese, Swiss, Dutch, Japanese, Spanish, and Russian versions. The Chinese book contains an analysis of the Hang Seng stock market. The Japanese Book contains an analysis of the Nikkei index. We are pleased to announce that that this year's book may be purchased at these websites, and 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.mmafinance.ru/ Spanish: at www.mmacycles-spanish.com
I had the pleasure of reading Manfred Zimmel's economic outlook for 2011 recently. I would highly recommend this fascinating overview through the eyes of another Financial Astrologer that I respect very much. Manfred can be a bit radical in the eyes of some, but he has been so right on the world economic scene so far ahead of everyone else, that he cannot be ignored. His record bears respect. And I greatly appreciate his discussion on inflation in this report. It is exceptional in my opinion. This report can be ordered athttp://www.amanita.at/docs/open/newsletter-e.pdf.
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. Subscription to the daily report also includes the weekly report. For more information, go tohttp://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."
As it is the beginning of a New Year, I am oftentimes asked for recommendations of a money manager who uses my methods, since I won't manage other people's money. The thing is, almost all money managers I know use their own systems. But many subscribe to my services and share my thoughts about the future of the economy, various financial markets, and how to position one's portfolio along these lines. One money manager who subscribes to MMA services that I would suggest for those looking to structure a longer-term portfolio, such as a retirement account, is Duke O'Neill of Capstone Capital Wealth Management, Boulder, Colorado. He can be reached at dukeoneil1@gmail.com, or 1-(303) 247-0600. For those looking for a professional trader of commodity and futures contract might consider Ted Lee Fisher atted.fisher@comcast.net. Ted is a legend in financial futures and has a seat on the CME. I would also like to recommend long-term MMA subscriber Erwin Brunner of Zurich, Switzerland. Mr. Brunner is the founder of BrunnerInvest AG. One of his five funds was awarded the "Best in-house fund of funds" in the world recently. Mr. Brunner is a former director of the Swiss Banking Corporation (today it is known as UBS), and a general director of Rothschild Bank in Zurich. As an independent wealth manager for high net worth individuals and institutional clients only, he places his clients into the funds of the best performing fund managers in the world, via his own research and experience. For high net worth readers interested in Mr. Brunner's funds, you may contact him throughwww.brunnerinvest.ch.
Upcoming Events:
February 6, 2011: Lansing, MI. "Forecasts for 2011" with Raymond Merriman, sponsored by the LCAS. 1-4:00 PM, Hampton Inn in Okemos (near I-96, exit 110). Contact 517-664-2665 for information. Or www.LCASastrology.com.
April 14 and 16, 2011: Kansas City, Mo. Update on "Forecasts for 2011" and a "Financial Astrology Workshop" with Raymond Merriman. Sponsored by AOA. For more information, please go tohttp://www.astrologykansascity.com/, or contactallenblasco@yahoo.com, or call 816-774-4514. The workshop will cover projections for the U.S. stock market, precious metals, and other markets of interest to attendees. This will probably be the only Financial Astrology workshop in the United States this year. There will also be a special dinner party arranged for Friday evening, with Merriman, for those who attend the workshop (there will be a $55.00 fee for the dinner, but it will still be a special occasion to meet one another). You can also see the flyer for this weekend by going to www.mmacycles.com, under EVENTS.
Our next private meeting with subscribers will take place after the all-day workshop in Kansas City, on Saturday, April 16. This is a very exciting gathering, for both myself (Merriman) and subscribers, as all kinds of interesting topics and ideas usually come up. Various market topics will be discussed and you may ask questions in this lively exchange. But you need to reserve a spot in this meeting with us ahead of time. There is no cost to subscribers, or $195.00 if not a subscriber to any daily or weekly report, or a one-year subscription to any MMA Cycles Report). To make your reservation for this special meeting, call us at 1-248-626-3034 or email Amber at ordersmma@msn.com.
May 6-8, and May 14, 2011: Ljubljana, Slovenia and Belgrade, Serbia. Contact bern@astrology.si for details on Slovenia conference and aleksandar@keplerunited.org for Belgrade conference. The subject matter at both conferences will be Financial Astrology.
May-June 2011: I may be hosting a series of talks and meetings with MMA subscribers in Europe over an 8-week period, including Amsterdam, Hamburg, and Berlin, as I complete the final chapters of "The Ultimate Book on Stock Market Timing, Volume 5: Forecasting Prices." Details will 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 tohttp://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; 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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