MMA Weekly Column for 2018-11-19 ©

Posted by in Raymond Merriman's Weekly Preview on November 17, 2018 . .

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REVIEW AND PREVIEW

 

The British Pound suffered its biggest one-day loss against the euro since October 2016 on Thursday, as a flurry of resignations rocked the government of U.K. Prime Minister Theresa May… Market focus is largely attuned to Brexit developments, amid heightened fears the country could soon crash out of the European Union without a divorce deal.  – Sam Meredith, “Euro Markets Lower as Sterling Stabilizes After Brexit Drama,” https://www.cnbc.com, November 16, 2018.

 

An oil market sell-off has shaved more than a fifth off the Brent crude benchmark and slashed the price of U.S. crude by 25 percent since early October. WTI logged its steepest one-day loss in more than three years on Tuesday. The contract fell 6.2 percent this week. -Reuters, “US Crude Posts 6th Straight Weekly Loss,” November 16, 2018.

 

Bitcoin tumbled below $6,000 for the first time since August and reached its lowest level in over a year, breaking the recent stretch of tranquility exhibited by the notoriously volatile digital alternative to cash.

The world’s largest cryptocurrency tumbled as much as 15 percent, with most of the initial loss coming within a half hour window. – Olga Kharif and Eddie Van Der Walt/Bloomberg, “Bitcoin Is Tanking Hard – and It Is Now the Lowest It’s Been in Over a Year,” time.com/money, November 14, 2018

 

So, what happened last week to cause crude oil, bitcoin, and the British Pound to fall so hard? Economists can point to an oversupply of crude oil as the cause of its decline. Political analysts can point to the painful divorce of the UK from the Euro Union (Brexit), leading to resignations and calls for U.K. Prime Minister Teresa May to step down as the catalyst for the steep selloff in the British Pound. No one quite knows why bitcoin dropped so hard last week. But then again, they really couldn’t explain why it rose so sharply in the first place a year ago. Something about a fork in Bitcoin cash that will cause a split, followed by the creation of new coins. In the meantime, the” split” colud make bitcoin itself less valuable.

 

And therein lies the key to our analysis: “less valuable.” What is “value” to a Financial Astrologer? What rules the concept of “what something is worth”? It is Venus. And that is exactly the culprit in the dramatic change in the “value of things” that has rocked financial markets in the last six weeks, like crude oil, equities, Silver, and currencies, even bitcoin.

 

Six weeks ago, in early October, U.S. stock indices were making all-time highs and many others were at multi-year highs. Crude oil was at its highest level in nearly 4 years. The Dollar/Yen was at its highest mark in nearly a year. U.S. Treasuries were at the lowest level (highest level in interest rates) in 8 years. Jamal Khashoggi, a noted journalist and critic of Saudi Arabia, was brutally murdered in the Saudi embassy in Turkey on October 2 and Brett Kavanaugh was confirmed by the Senate to the Supreme Court on October 6, following a bitter partisan battle that ripped the political divide in the U.S. population even further. All of these events and milestones happened October 2-9. All had one thing in common: Venus turned retrograde in Scorpio on October 5.

 

SHORT-TERM GEOCOSMICS

 

In Financial Astrology, we have a several rules. Some of them even work! Seriously, one of the principles of Financial Astrology is that any market that is trending over several months into a Mercury, Venus, or Mars retrograde date is a candidate to make a counter-trend move that will last until the time that planet turns direct. Venus is more reliable than Mars or Mercury in this regard.

 

On Friday, November 16, Venus completed its six-week retrograde period, which began October 5. This is something that happens about every 19 months. Venus rules values. It also rules love, but that is a topic for another day, especially since we are talking about Venus starting its retrograde motion in Scorpio this time around. We don’t want to talk about love with Venus in Scorpio, because that combination has a hard time telling the difference between love and lust. If I get started on that, I will lose my focus on the trend and counter-trend movements of the markets, and that’s the point of this column, usually.

 

Thus, we look back on the last six weeks, and it is clear to see that something changed. Investors were bullish on many markets around October 5. They then turned bearish on those markets into this week as Venus ended its retrograde motion. The idea is that investors will now change their sense of values again and markets will return to their trend that was in effect before the countertrend took effect. That is, equities will become desirable again, as will crude oil, and interest rates, which had been falling the last six weeks, will resume rising.

 

The only cosmic matter that might disturb this rule is Mercury, the trickster. Just as Venus ends its retrograde motion on November 16, with the promise of returning to happier equity days again shortly, Mercury the trickster will begin its 3-week retrograde drama that will last into December 6. Whereas the issue with Venus has to do with the change of value we place upon things (like assets, love, and lust), the issue with Mercury has to do with communications and the tendency to make decisions that are not well-thought out and later have to be changed. It’s all about changes. In this case, market values are apt to vacillate a great deal in the next few days, as in volatility and more large price swings in very short periods of time.

 

AND LONGER-TERM THOUGHTS

 

Every decision I make is a choice between a miracle or a grievance. – Deepak Chopra, Adam Plack, “The Soul of Healing Meditations,” 2001.

 

The U.S. government ran a $100 billion deficit last month, compared with a $63 billion budget gap in October 2017. Deficits are projected to rise in the coming years as entitlement spending grows and interest expenses on the debt rise. A strong economy typically leads to narrower deficits, as rising household income and corporate profits help boost tax collections, while spending on safety-net programs tends to decline. – Kate Davidson, “Deficit in October Reached $100 Billion,” Wall Street Journal, November 14, 2018.

 

 

So, how does this happen? How is it that the U.S.A. has a strong economy, the lowest unemployment in decades, and yet the Federal government spends so much more than it brings in? In the study of Financial Astrology, we have a simple explanation, or rather a simple correlation: Saturn conjunct Pluto in Capricorn, January 12, 2020.

 

Well, maybe it’s not quite that simple. You might say it’s a setup, a sequence of planetary signatures involving long-term planetary cycles. The huge spending spree can be foretold by the transit of Jupiter into Sagittarius, approaching a three-passage series of square aspects to Neptune in Pisces, January – September 2019. This is a classical bankruptcy aspect, a period of overspending and overreaching in which many entities – governments, corporations, institutions, and individuals – are tempted to spend more than they bring in (think Italy and think the USA). There is a lack of attention paid to the consequences of this behavior in the belief that enough money will be brought in to cover those added costs. Except, it doesn’t. The estimates are woefully wrong. Budget controls get busted, and overruns on the account get out of control.

 

At some point, the credit binge is forced to stop as debtors demand payment and put a halt to any further debt increase. That day of reckoning usually happens when a strong Saturn aspect follows. In this case, the demand for accountability and fiscal tightening is due in 2020-2021, when Saturn conjoins Pluto, followed by Jupiter conjoining Saturn, and finally Saturn making its waning square to Uranus. It’s not just the U.S.A. that is under this pressure, although it does impact its founding chart. It is the whole world, and especially entities that have natal planets in 22-27° of cardinal signs. In addition to the U.S.A. founding chart, this includes Donald Trump, the Federal Reserve Board, Fed Chair Jerome Powell, and the New York Stock Exchange.

 

Can this be avoided? Must entities with planets in these degrees experience bankruptcy? Of course, this can be avoided. With awareness and free will to make choices, anyone under any aspect can choose to make decisions that are responsible, take into account the consequences of those decisions, and remain within the themes of those planetary dynamics. The cosmos, and the study of it known as astrology, is not a choice-maker. It is a choice-revealer. Here is the situation approaching: what choices are you going to make that will minimize the danger and/or maximize the opportunity? It’s a choice that is likely to be made based upon one’s consciousness of these matters and their potential outcomes.

MMA Current Announcements

 

ANNOUNCEMENTS

 

NOTE 1: The monthly MMA and ICR Cycles Reports are both coming out this week!

 

THE MONTHLY MMA CYCLES REPORT contains our future outlook for U.S. stock indices (DJIA and S&P futures), Gold, Silver, Treasuries, Euro Currency, Crude Oil and Soybeans, plus MMA’s original geocosmic critical reversal dates (CRDs) and Solar/Lunar reversal dates over the next several weeks for DJIA, Gold, and Silver. This May issue will also have an analysis of Live Cattle by Massimo Moras, MMTA graduate and analyst and an updated report on Cannabis stocks. This will be the last MMA Cycles Report issue that will offer Live Cattle and Cannabis analysis. They will, now switch to be regular features in the new ICR International Commodities Cycles Report, starting on July 2. That report will also include analysis on Corn, Wheat, Coffee, and Sugar markets as well as the XAU Gold and Silver Mining Index. The monthly MMA Japan Cycles report will also be released this week, covering the Nikkei, JGB Bonds, and the Dollar-Yen. If you are not a subscriber to the monthly MMA Cycles Reports and wish a copy of this month’s outlook for financial markets, consider taking out a subscription NOW. Please visit https://mmacycles.com > Services > Subscription Services for more information.

 

The Monthly MMTA International Cycles Report (ICR) will also be issued this week. This issue will include analysis on Coffee and Sugar, which will then be moved over to the new monthly ICR Commodities Report in the next issue. The monthly ICR 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), and Ulric Aspegren (Sweden). This 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). And for now, it will also include Coffee and Sugar. Starting with the next issue, this will become the new ICR Financial Markets Report, less Corn, Wheat, and XAU, and will instead include the Chinese Shanghai Composite Stock Index and Hang Seng of Hong Kong Stock Index (see below). For more information, call us at 248-626-3034, or 1-800-662-3349. Or, please visit http:// mmacycles.com/ > Subscription Services.

 

NOTE 2: The New ICR Cycles’ Reports from MMA are Coming!!! Starting on July 2nd, we are going to expand our International Cycles Report (ICR) into two reports... ICR Financials and ICR Commodities. Each report will be covering 7 markets, and will cost, as follows (but there will be a special introductory offer – see below):

 

ICR Financials:

Cost: $325/ Year or $66/ 2 Months

Markets Covered: ASX (Australian Stock Index), RUT (Russell 2000), SSE (Chinese Shanghai Stock Composite), HSI (Hang Seng Index), AUD (Australian Dollar), DXY (US Dollar), and GBP (British Pound)

Release Date: Tuesday July 2, 2019

 

ICR Commodities:

Cost: $325/ Year or $66/ 2 Months

Markets Covered: LC (Live Cattle), MJ (Cannabis), XAU (Gold and Silver), KT (Coffee), KA (Sugar), C (Corn), and W (Wheat)

Release Date: Wednesday July 3, 2019

 

If you sign up for either ICR Report by June 30th, you will also receive – at no additional cost – the May issue of our current ICR Report, which contains our initial analysis of Coffee, Corn, Wheat, and Sugar. As a final BONUS, we will send you both the ICR Financials Report and the ICR Commodities Report in July so that you can see and experience both of our new reports. That’s TWO reports- at no additional cost- just for trying our new report. SAVE 20% NOW! If you wish to sign up for both the ICR Financials Report and ICR Commodities Report, we are offering a 20% off the yearly rate for both reports, valid until June 1. Instead of $650 for both reports, your cost will be $520- a savings of $130! Use code ICR at check out to receive the discount. For further information, visit https://mmacycles.com > Services > Subscription Services.

 

NOTE 3: MMA’S DAILY AND WEEKLY SUBSCRIPTION REPORTS ARE THE BEST WAY TO KEEP UP WITH RAPIDLY CHANGING MARKETS! If you are an active short-term trader, or even if you are an investor who likes to keep up with our current thoughts on financial markets, you will be interested in MMA’s Weekly or Daily Market reports. The weekly reports give an in-depth analysis of the DJIA, S&P and NASDAQ futures, Euro currency (cash and futures), Dollar/Yen cash and Yen futures, Euro/Yen cash, Swiss Franc, T-Notes, Soybeans, Crude Oil, Gold and Silver, and Bitcoin. The daily reports cover all stock indices listed above, as well as the Euro Currency, Japanese Yen, Bitcoin, T-Notes, Gold and Silver, plus GLD and SLV (the Gold and Silver ETF’s). Both reports provide trading strategies and recommendations for position traders and shorter-term aggressive traders. Subscription to the Daily report also includes the Weekly report. For further information, visit https://mmacycles.com > Services > Subscription Services.

 

For any questions, please contact us at customerservice@mmacycles.com or call (248) 626-3034, or (800) MMA-3349.

 

EVENTS

 

June 8-16, 2019: IT’S ON! June 8-16, 2019: “Geocosmic Correlations to Trading Cycles,” with Raymond Merriman in Beijing, China. This special 2-weekend workshop will take place at the Beijing Broadcasting Tower Hotel, No.14 Jianguomenwai Da Jie, Chaoyang, 100022 Beijing, China. This will be two intensive weekend Market Trading workshops focusing on the identifying the primary cycle and its phases used in trading several financial markets, with the emphasis on the U.S. and Chinese Shanghai stock indices and Gold (other markets will be included as well). The course will then take participants through the steps of narrowing the time band down for trading cycle highs and lows by applying geocosmic and solar/lunar studies. Once in the time band for a reversal, students will then learn how to apply various chart patterns and technical studies to identify the setup for optimal risk/reward opportunities. 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 2-weekend trading course 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. Or, for a complete description of each course, go to:

 

https://mmacycles.com/index.php?route=blog/article&category_id=3&article_id=248 

 

https://mmacycles.com/index.php?route=product/product&path=64_72&product_id=184

 

https://mmacycles.com/index.php?route=product/product&path=64_72&product_id=286

 

 

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.