MMA Weekly Column for 2018-10-29 ©

Posted by in Raymond Merriman's Weekly Preview on October 27, 2018 . .

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REVIEW AND PREVIEW

 

Several factors have conspired to knock markets down this month — some earnings disappointment, fear of rising interest rates, a brewing conflict between Italy and the European Union over budget spending, criticism of oil power Saudi Arabia after the killing of a dissident journalist and finally, worries that world growth is losing steam.- Fred Imbert, “Dow Dives Nearly 300 Points, S&P Dips Into Correction Levels in Another Wild Day on Wall Street,” www.cnbc.com, October 26, 2018.

 

Bashing Jay Powell (Federal Reserve Board chair) makes it harder to keep interest rates low… No doubt the President is also deflecting blame from the White House for any economic slowdown, Mr. Trump needs a foil more than even most politicians… The bigger economic risk is slower growth abroad, which Mr. Trump should care about though he professes not to. Faster U.S. growth and rising interest rates are drawing capital from other markets. Mr. Trump’s tariffs are also hurting trade flows. Border taxes are never a free lunch. - “Trump Flunks Fed Politics,” Wall Journal Opinion page, October 25, 2018.

 

Global equity markets continued their plunge following our last three-star geocosmic Critical Reversal Date (CRD) of October 3, which involved the very important Venus retrograde of October 5. In fact, many stock indices made multi-month lows at the end of last week, on Friday, October 26, which is the exact midpoint of Venus retrograde (October 5-November 16). Our rule is that any market that did not make a major or primary cycle reversal near to the date of Venus turning retrograde, is very likely a candidate to do so within 2 trading days of their retrograde midpoint. That rule doesn’t apply to stock indices in this case, because they did reverse Venus turned retrograde. There is no compelling reason yet to think that they will end that decline and reverse up right now. However, there are some financial markets that do qualify for this rule, such as the Euro currency and U.S. Dollar. For those that don’t qualify (like stocks), there is still a possibility they could reverse, but the historical rate of frequency for such reversals is not as reliable as in the case of those markets that did not reverse at the time of the retrograde.

 

We saw Uranus in full action last week. On October 23, the Sun made an opposition to Uranus. The next day, the full Moon was conjunct Uranus. On Wednesday, October 31, Venus will be in opposition to Uranus. When multiple Uranus signatures are present nearby to one another, financial markets (like stocks) will often exhibit very sharp price swings, falling below well-defined support or rising above well-defined resistance during the 4-day period surrounding each. However, it is the midpoint of these two Uranus aspects which is especially prone to a potential reversal, +/- a couple of trading days. That midpoint is this Saturday, October 27.

 

In other markets, Gold continued to rally to its highest price now since our special reports of mid-August calling for a long-term cycle low. That low of 1167 on August 16 has not been violated, and on Friday, Gold climbed to 1248 intraday. The bigger story, however, was in the Euro currency, where the cash index fell to 1.1332 on Friday, October 26, in the double bottom range of its 1.1297 yearly low on August 15. What is most interesting is that Gold is making a multi-month high as the Euro is testing its yearly low and the Dollar is testing its yearly high. Gold is supposed to be depressed when the Dollar is rising, and not rise with it. But then again, this is Venus retrograde time, and Venus rules currencies and values, so the rules are upside down for now, and maybe into November 16 when Venus will turn direct —but then, Mercury will turn retrograde. We get no relief from all of these retrograde planets that have been operative since late June 2018. It’s been one retrograde planet after another, which makes you wonder what “true north” is any more. The problem for traders is that under so many retrogrades lasting so long, normally reliable technical studies become unreliable, and some traders (especially inexperienced traders) become discouraged. Experienced traders have seen this before, and they know that “this too shall pass.”

 

SHORT-TERM GEOCOSMICS AND LONGER-TERM MUNDANE THOUGHTS

 

US President Trump has suggested the Fed is the greatest threat to the US economy. An economist would suggest recessions arise from overheating (caused by deficit financed tax cuts, perhaps), or policy error (disrupting supply chains on which an economy depends, perhaps). Zero real rates with full employment are probably not a (restrictive) policy error. – Paul Donovan, “To redo, or redo,” www.ubs.com/pauldonovan, October 24, 2019.

 

(Mr. Trump) has had significant achievements — unemployment down, economy up, the courts, an imperfect tax bill that nonetheless got passed and was slightly better than what it replaced. No one seems to mention it, but America right now is enjoying prosperity and peace — or, if you prefer, growth and no new wars. It is a continuing amazement that with this, the president can’t get himself to 50% approval, or his party in a better position. – Peggy Noonan, “A Long Way From the Arsenal of Democracy,” Wall Street Journal, October 20-21, 2018.

 

On Sept 18, simultaneous with the nation’s daily dose of Ford versus Kavanaugh, Mr. Trump’s approval began to climb (from 40.6%). It now sits at a 44.1% average. It just hit 47% in the Wall Street Journal/NBC News poll.” – Daniel Henninger, “The October Surprise Arrives,” Wall Street Journal, October 25, 2018.

 

The greater question to traders and investors right now is whether a bear market has actually begun in U.S. and other nations’ stock indices. From the cosmic perspective, there is reason to think it has — and there is reason to think this is just a temporary pullback before another astounding rally to new all-time highs.

 

First, the bearish perspective. The all-time high on October 3 was just a few weeks after the fourth and final trine aspect between Saturn and Uranus that took place when this 45-year planetary cycle came within just 13’ of one degree of an exact trine in the last ten days of August. Historically, the U.S. stock market has always made a long-term cycle crest within 2 months of this aspect’s time band (in this case, it was in effect November 2016-August 2018). The last time this aspect unfolded coincided with the all-time high of January 1973, after which the Watergate fiasco began and stocks has their largest decline since the Great Depression into December 1974. The DJIA lost 46% of its value between the all-time high of January 1973 and that 36-year cycle bottom in December 1974. Supporting this idea that a new bear market has begun as of October 3 is the deteriorating technical damage that is now occurring. It acts like a bear market as daily and weekly support levels break down, and so do various longer-term chart formations. This is how bear markets behave when they are underway. One support after another breaks down, and all rallies are short-lived.

 

Yet, the cosmos also allows for a bullish outlook. On November 8, Jupiter will enter Sagittarius for the next 13 months, a historical placement that has a strong correlation of coinciding with a long-term cycle crest during that reign. Supporting this view is the election on November 6, 2018. Markets lately have made lows nearby to important national elections in the USA. Plus, any resolution of the trade dispute with China would likely result in a powerful rally, and Jupiter in Sagittarius is favorable for reaching a resolution involving world trade spats. Also supporting this possibility is that Venus retrograde will end on November 16 (and Mercury retrograde will begin). The market topped out when Venus turned retrograde. Any market that makes a primary or greater cycle crest when Venus or Mars turns retrograde is a strong candidate to make its low (counter-trend movement) when Venus turns direct. The next three weeks, therefore, are important from the cosmic perspective.

 

When Venus turns retrograde, people (investors) change their minds, and so do politicians and bankers, who just happen to be people too. When Venus turns direct, they change their minds, their stories and excuses, back to where they were before they changed them in the first place (think Saudi Arabia). It’s like, what goes around, comes around. Or, it’s like, what was good for you once before comes back again, and you like it again (think of a past lover). But then you realize why you let it go in the first place, so you let it go again.

 

By the way, is anyone watching Live Cattle prices, since Uranus ingressed into Taurus in mid-May? It is going to cost you to be a meat eater these next few years.

MMA Current Announcements

ANNOUNCEMENTS

NOTE 1: The monthly MMA Cycles report was issued last week, which included a Special Silver Report If you are a subscriber to this report and did not receive it, let us know at once. Also, a complimentary copy was sent to everyone who pre-ordered Forecast 2019. If you wish a copy of this Special Update on Silver, consider a trial subscription to the MMA Cycles Report, or ordering the Forecast 2019 Book while supplies last. Order must be placed by January 15 to receive this Special Silver Report. For further information, go to our website at https://mmacycles.com, or call us at 248-626-3034 or 800-MMA-3349, or email us at customerservice@mmacycles.com and get your copy of the Special Silver Report.

 

NOTE 2: February 9, 2019: MMA’S FORECAST 2019 LIVE WEBINAR, will take place on Saturday, February 9, 2019 at 11:00 AM (MST). This is 1:00 PM EST, 6:00 PM GMT. In the comfort of your own home or office, you can tune into Raymond Merriman’s annual worldwide webinar on Forecast 2019. This broadcast will address subjects from this year’s Forecast 2019 Book, with updates on financial markets since the book was written in November 2018. Outlooks for the U.S. stock market, Gold and Silver, crude oil, and currencies will be discussed. Cost is $45.00, and includes the slides of the presentation, plus a downloadable MP4 recording of the event. To reserve your spot in this live webinar broadcast, contact us directly at 1-248-626-3034, 800-MMA-3349, or email us at customerservice@mmacycles.com. You may register via our website at https://mmacycles.com > Products > Webinars. If unable to attend live, you can still sign up, as everyone will recieve the MP4 recording, following the live event.

 

NOTE 3: The monthly MMTA International Cycles Report (ICR) will be issued this week. This report is probably the best kept secret for the timing and cyclical analysis of several international markets available today. It is an excellent report, written by several graduates and students of MMA’s classic market timing methodology, including Mark Shtayerman (San Diego), Izabella Suleymanova (San Diego), Ulric Aspegren (Sweden), and Gianni Di Poce (USA). Each issue of ICR contains an in-depth analysis of the XAU index (Gold and Silver Mining stocks), the U.S. Dollar (DXY), British Pound (GBP), Australian Dollar (AUD), the Australian stock index (ASX), the London FTSE stock index, the Russell 2000 U.S. stock index (RUT), Corn (C) and Wheat (W). For more information, call us at 248-626-3034, or 1-800-662-3349. Or, please visit http:// mmacycles.com/ > Subscription Services.

 

NOTE 4: The Forecast 2019 Book is done and delivery has begun to all those who pre-ordered prior to December 7. The orders received after December 7 will be mailed out in late December. Please note: we have only ordered 20% additional copies. When those remaining 20% are sold out (10% have been ordered so far), they are gone. There will be no second printing. At that point, the only way to read Forecast 2019 will be through the eBook, which is available now to delivery to your inbox! ORDER NOW, if you have not done so already, and make sure you receive your copy of Forecast 2019 before they sell out. For more information on this annual best seller, go to https://mmacycles.com > Products> Forecast 2019. You may also email MMA at customerservice@mmacycles.com, or call 1-248-626-3034, 1-800-662-3349.

 

MMA's annual Forecast Book, written by Raymond A. Merriman since 1976, is unique and one of the most affordable and accurate glimpses into the coming year. Utilizing the study of cycles and geocosmic factors, this annual Forecast book outlines forthcoming trends pertaining to political, economic, and financial markets throughout the world. Specific markets analyzed for the next year(s) include: T-Notes and interest rates, the Dow Jones Industrial Average, Gold, Silver, Currencies (U.S. Dollar, Euro, Yen, Swiss Franc, and British Pound), Crude Oil, Grains and Weather. Each market contains the important geocosmic three-star critical reversal dates for 2019. Special sections also include the USA and world economy, the USA and world politics, the USA and its President. A 2019 ephemeris and calendar (one month per page) with geocosmic signatures is included, as well as descriptions of the Mercury retrograde periods for 2019. This book has an impressive background for insightful accuracy into world economic and financial market conditions that you will not want to miss! For further information, go to https://mmacycles.com > Products> Forecast 2019.

 

This year’s printed version of Forecast 2019 will also available in four other languages, as follows:

 

Dutch: at www.markettiming.nl

German: at http://www.mma-europe.ch/

Japanese: at http://merriman.jp

Chinese: www.nodoor.com/

 

“2019 will be the 11th consecutive year I've ordered Ray's annual Forecast book.  I read it immediately upon arrival as well as consult the book several times throughout the year.  I consider it to be the most important planning tool for my personal trading/investing, not only for the coming year, but looking several years ahead as well.  For anyone serious about accurate market timing, Ray's Forecast book is a must read.” - Shane R., Alpine, UT (USA), Individual trader/investor - business owner, 20 years trading stocks & futures.

 

Thanks to MMA, I have closed 36 trades this year with a win rate of 86% (the remaining 14% were due errors on my part, as I have been actively trading less than a year). Ray’s predictive ability is remarkable. No one predicts more accurately. I highly recommend his daily newsletter which covers many markets. It appears expensive, but it’s a serious money-maker. My advice: get it now. Robert W, San Antonio, Texas, trades index funds, gold, silver, select stocks, less than a year. 

 

EVENTS

 

January 11-12, 2019: “Trends for 2019,” sponsored by Astrodata, Zurich, Switzerland. Friday night lecture: “Jupiter in Sagittarius, Neptune in Pisces: Is It a Bubble or a Crash?” For much of 2019, Jupiter will be in its ruling sign of Sagittarius, and Neptune will be in its ruling sign of Pisces. Each, by itself, would normally be positive from the economies and stock markets of the world. But in 2019, these two planets will be in a challenging square aspect to one another. What does this mean for the world economy in 2019?

 

Saturday workshop, Jan 12, in Zurich: “Forecasts for Financial Markets in 2019.” Based on the Forecast 2019 Book, Ray will present his outlook for the world geopolitical and financial landscape in 2019. He will discuss various cycles – both rhythmic and geocosmic – to support his outlook. In this workshop, he will also share his forecast for several financial markets, including Gold, the USA and German/Swiss stock markets, crude oil, and the Euro/U.S. Dollar. If you are an investor or trader, or just interested in the correlation between cycles in human activity and the cosmos, this is a workshop you will not want to miss!

 

January 19, 2019, Amsterdam, Netherlands, “Forecasts 2019 and Beyond: The Reversal of the Current Economic Cycle,” sponsored by Schogt Market Timing. This conference will take place at the Hotel Breukelen outside of Amsterdam, and feature Karen Hammaker-Zondag, Irma Schogt, and Raymond Merriman. For more information, please visit www.markettiming.nl or take the direct link https://goo.gl/VPxGSe for conference details.

 

February 9, 2019: MMA’S FORECAST 2019 LIVE WEBINAR, will take place on Saturday, February 9, 2019, 11:00 AM (MST). This is 1:00 PM EST, 6:00 PM GMT. In the comfort of your own home or office, you can tune into Raymond Merriman’s annual worldwide webinar on “Forecast 2019.” This broadcast will address subjects from this year’s Forecast 2019 Book, with updates on financial markets since the book was written in November 2018. Outlooks for the U.S. stock market, Gold and Silver, crude oil, and currencies will be discussed. Cost is $45.00, and includes the slides of the presentation, plus a downloadable MP4 recording of the event. To reserve your spot in this live webinar broadcast, contact us directly at 1-248-626-3034, 800-MMA-3349, or email us at customerservice@mmacycles.com. You may register via our website at https://mmacycles.com > Products > Webinars. If unable to attend live, you can still sign up, as everyone who orders the Webinar will recieve the MP4 recording, following the live event.

 

March 9, 2019: 10:30 AM – 4 PM. Nova Southwestern University, 3301 College Ave, Carl DeSantis Bldg, Ft. Lauderdale, FL. This a 3-4 hour workshop on “Forecast 2019,” by Raymond Merriman. Contact 954-296-1211. $50.

 

April 26, 2019: Boulder, Colorado. “Forecasts for Financial Markets and USA Economy and Political Situation.” Details and contact information to be announced shortly, sponsored by ROMA.

 

 

June 8-16, 2019: “Geocosmic Correlations to Trading Cycles,” Beijing, China. A two-weekend intensive Market Trading workshop/retreat with Raymond Merriman. This 32-hour intensive workshop will focus on the primary cycle and its phases – the half-primary, major, and trading cycles - and how to determine when they are due. Then, we will identify geocosmic signatures – Levels 1, 2, and 3 – as the basis for calculating CRDs (Critical Reversal Dates), to narrow the time band down for an important cycle reversal. Within that time, we will identify and discuss specific technical and charting tools that will further enhance the timing of a major market reversal, and the price target range to look for. In this analysis, we will also explore the use of 60- 30-, and 5-minutes charts for even more accurate entry and exit points. With these tools, we will then construct a daily and/or weekly trading plan, as used in MMA Daily and Weekly Reports, using current market situations. Examples of several markets – including the USA and China stock markets, Gold, and crude oil will be used to illustrate these market timing techniques, with forecasts for the future. The workshop will take place on the weekends of June 8-9 and June 15-16 in Beijing. During the week, participants will have the option of taking tours with other MMA students to exciting areas of China. The cost for this unique and valuable trading retreat is $4000 (discounts will be available to subscribers of MMA Reports). For further information, please contact MMA at customerservice@mmacycles.com or call 1-248-626-3034 or 1-800-MMA-3349.

Disclaimer and statement of purpose: The purpose of this column is not to forecast 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 often cite 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 may affect human activity in the times to come. The author (Merriman) will do this from a perspective of a cycles’ 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 the psychological dynamics that underlie (or coincide with) the news events and hence potentially affect financial markets.

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 of this column assume any responsibility whatsoever for anyone’s trading or investment decisions. Readers of this report should understand that commodity futures and options trading are considered high risk.