Menu Content

Merriman Market Analyst

Home arrow Weekly Preview arrow Comments for the Week Beginning June 1, 2009
Advertisement
Please note:
This is not the same as our service titled
"MMA Weekly Comments and Recommendations on Financial Markets"
which is available by subscription only.
Flowchart on MMA Products and Services
Comments for the Week Beginning June 1, 2009

Note: There will be no weekly column next week, due to speaking engagements in Moscow, Russia. For more information on these presentations, please contact This e-mail address is being protected from spam bots, you need JavaScript enabled to view it . The next column will be released in two weeks, for the week beginning June 15.

Review and Preview

Review and Preview

 Heliocentric Mercury in Sagittarius, combined with the first passage of the 13-year Jupiter-Neptune conjunction cycle, continued to power many financial and stock markets to new multi-month highs last week. However, many stock indices around the world also continued to exhibit intermarket bearish divergence, as not all made new highs. This is important because we are now in another geocosmic critical reversal zone that will last through next week. If the bearish divergence pattern is not resolved this week, it could portend trouble for stocks throughout the world. If it is resolved, it could portend an escalation of “irrational exuberance,” propelling these markets to much higher levels over the next few weeks. After all, one of the themes of Jupiter and Neptune in conjunction is “no boundaries.” Anything and everything goes. If euphoria and hope sweep the investment community, everyone jumps on the rocket and the sky is the limit. If reality and worry start to emerge, then everyone jumps off the ship at the same time, and a panic ensues. This is not a case where the market climbs the ‘proverbial wall of worry.” Instead, it is a case where the wall becomes a launching pad with no gravity to pull things down, or a perch from which investors fall off, only to discover there is no safety net below. No boundaries. No nets. And the sky (or the abyss) is the limit. You better think or swim.

In Europe, none of the indices we track made new highs on last week’s rally. In Asia and the Pacific Rim, however, the Japanese Nikkei and Hang Seng index of Hong Kong did soar to their highest level in several months. India’s Nifty Index is not far behind and may do the same this week. Australia’s All Ordinaries index, on the other hand, fell far short of its recent high recorded on May 11. In South America, both Brazil’s Bovespa and Argentina’s Merval stock indices made new highs last week for this year. In North America, the NASDAQ Composite did too in the last minute of trading on Friday. But the Dow Jones Industrial Average fell well short of its May 20 high. Thus is the case for intermarket bearish divergence as we enter this current geocosmic critical reversal period.  By the way, who do you think bought all those stocks in the last 5 minutes of trading on Friday, driving the DJIA up 70+ points? And why? There may be a clue in the “Longer-Term Thoughts” section.  But with Neptune signatures (the master of disguise) in such abundance that answer may never be correctly revealed (or admitted).

 There was no divergence in crude oil and precious metals last week. Each of these commodities accelerated their torrid advance as heliocentric Mercury continued its passage through Sagittarius, typically a time when many commodities and currencies explode upwards. They did so in this instance too, but its effective time band of May 19-30 now comes to an end.

Short-Term Geocosmics

 Was the huge run up in precious metals, crude oil, and currencies against the U.S. Dollar a function of heliocentric Mercury in Sagittarius, or Jupiter conjunct Neptune? We shall see the answer to this question within the next few days.

 If the correlation to this strong surge was heliocentric Mercury in Sagittarius, then any market that has rallied sharply since May 19 may be in for rude fall in the next ten days, as this planet will now enter the more sobering sign of Capricorn until June 9. Whereas the influence of Sagittarius can be very optimistic and speculative (some might say it is the sign of “the gambler”), Capricorn can be more demanding of hard evidence to support such sudden price increases. If there are sound and fundamental reasons to justify such a move, then it can continue.

 If the astrological correlate to this rise in commodity and currency prices is more to do with the Jupiter-Neptune conjunction, then it is possible that this trip into “anti-gravity prices” will continue longer. Jupiter and Neptune will be close to one another through the middle of July, for Neptune also turned stationary retrograde on Thursday, and Jupiter will do the same on June 15. In retrograde motion, they will form their second exact conjunction on July 10. Since this is a longer-term 13-year planetary cycle, there is reason to think it will have greater influence than heliocentric Mercury transiting through Sagittarius and Capricorn.

 But it is even more complicated than that. Next Friday, June 5, the transiting Sun will start its translation of a T-square to both Saturn and Uranus, lasting through June 17. This of course brings to the forefront the principles of the Saturn-Uranus opposition, which is the longer-term 45-year cycle that we associate with financial collapse and crisis, a condition that started in September 2008 and continues to worry investors even now. In fact, it is likely to worry investors well into 2010, when Jupiter and Mars will both translate the Saturn-Uranus opposition (July-August 2010).

 I wish I could say that is the extent of this complicated geocosmic situation now in effect. But there is more. Two days after Jupiter goes retrograde (June 15), the Sun will transit in a trine to both Jupiter and Neptune, thus once again bringing to the forefront the Jupiter-Neptune conjunction principles. And then on July 1 and 6 respectively, first Venus and then Mars will square the Jupiter-Neptune conjunction, just a few days before their second passage on July 10. With so much Jupiter and Neptune in the picture, combined with the ongoing Saturn-Uranus opposition, perhaps financial astrologers can begin to understand why a case could be made for either a huge blow-off upwards in stock and/or commodity prices in the next few weeks, or a huge collapse. As you navigate through these unchartered waters, you must indeed learn to think or swim, float or croak. On a mundane level, these same aspects can correlate to extreme flooding conditions. On a political level, they can pertain to a great hoax, and the starting of false and sensational rumors that harm the reputation of others. It can be a time of alarmist announcements, perhaps as we see developing with North Korea this past week.

Longer-Term Thoughts

 There is a saying we have here in Michigan that goes like this: “As General Motors goes, so goes the country and its economy.” On Monday, June 1, General Motors (GM) – now affectionately (or sadly) referred to as “Government Motors” – is expected to declare bankruptcy. The U.S. government will now own 72.5% of GM (hence “Government Motors”), and the United Auto Workers (UAW) will own either 17.5% or 27.5%,  depending on whether or not GM’s bond holders will accept the government’s offer to swap their bonds for 10% stock ownership. The alternative to not accepting the offer is not very attractive for either these bondholders or current GM stockholders, who will likely be left with…. nothing. As stated before, we are in unchartered waters, both politically and in terms of traditional business models.

 In Business Astrology, transiting Pluto, Neptune, or Uranus in hard aspect to one’s natal Venus or Jupiter is a classical bankruptcy aspect. It doesn’t mean you will go bankrupt, but if you spend or invest your money unwisely, you could suffer great loss, even to the point of bankruptcy. It is a time when one needs to pursue a frugal course of action, and not take financial risks where the outcome is unknown. In the chart of the United States (July 2, 1776, or even July 4, 1776), transiting Pluto and Uranus are indeed entering into hard aspects to the natal Venus and Jupiter of the United States, 2008-2011. Let’s hope these “investments” made on our behalf (yes, Americans, we will all now be the proud owners of GM), have been well thought out, and the risks are indeed minimal. Pardon me if I have some doubts. I am a Capricorn, which cosmically entitles me to have moments of doubt. Don’t be surprised if heliocentric Mercury entering Capricorn this week reveals that other investors begin to exhibit some doubts too.

 

Announcements

We are now accepting orders for the Forecast 2011 book now via phone (1-248-626-3034), fax (1-248-538-5296), email (ordersmma@msn.com), or through our shopping cart online (www.mmacycles.com). We are pleased to announce the price will remain the same as last year. That is $55.00 if ordered after October 31, and $45.00 if ordered before (plus postage). We will also be offering special 10% discount rate for our subscription services to those who also pre-order Forecast 2011. This is a great deal, for in the words of one of our daily subscribers recently, “I don't know whether you want to hear/take any comments at all but I wanted to say that, so far, I am a very happy camper and the only thing which I think that I did wrong with subscribing to your service that I did it TOO LATE! What was I thinking....? :-)" – R. Rood, Lugano, Switzerland, futures trader and technical analyst, former cash grain trader.

For a 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/.

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. 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, call our offices at 1-248-626-3034, or go to http://www.mmacycles.com/services. 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.” Order now with the Forecast 2011 Book and receive a special 10% rate reduction on these services through October.

The monthly MMA Cycles Report and its companions – the MMA Japan Cycles Report and MMA European Cycles Report – went out last week. If you are a subscriber and did not receive it, contact us at once. This report covers our longer-term analysis of the U.S. stock market, precious metals, crude oil, currencies, Treasury Notes, and grain markets. The MMA Japan Cycles report covers the Nikkei, JGB Bonds, and the Dollar-Yen. The new MMA European Cycles Report covers the German DAX, Swiss SMI, and Netherlands AEX, each in English only. These reports are included in the Japanese, German, and Dutch translated MMA Cycles Report respectively. New yearly (or renewing) subscribers to these reports will receive a free copy of the Forecast 2010 book while supplies last (see below). You also qualify for a special discount on a yearly subscription if at the same time you pre-order Forecast 2011. For subscription information, please go to SERVICES at www.mmacycles.com.

CD’s DVD’s, and MP3’s of the July 11 webcast are now available!!! Each of these various ways to see the event can now be ordered via our website at www.mmacycles.com (just click the opening banner), or by calling 1-248-3034 or email operations at ordersmma@msn.com. The cost of each is $45.00, plus postage if necessary. This webcast covered our outlook for stocks, precious metals, interest rates and Treasuries, foreign currencies vis-à-vis the U.S. Dollar, and Grains. We pick this time because it was right before the astrological midpoint of the Cardinal Climax, which is taking place now. It may be the peak of the huge trend reversals expected in many of these markets, aided and abetted by major changes of trend in geopolitical matters. It is interesting to see how the stocks, grains and currencies moved right up into this time band, as outlined in this presentation. You won’t want to miss this. Order now, because most of the trading opportunities presented are in effect mainly from July 21 through October 8, 2010!!!

ForumOnAstrology.com is holding a three-day video conference on Friday, Saturday, and Sunday, October 1st, 2nd, and 3, 2010. This pioneering Internet astrological conference features dozens of internationally known speakers.  Very economically priced, all participants have access to all live broadcasts with the ability to replay them from the archives for up to three months. Call (212) 929-4507 or email Inquiries@ForumOnAstrology.com.

I am oftentimes asked for recommendations of a money manager who uses my methods, since I won’t manage other people’s money. That is especially true now with the uncertainty in the market place as of late. 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 our 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 at ted.fisher@comcast.net. Ted is a legend in financial futures and has a seat on the CME. Both are very knowledgeable of the tools I use, of the way I am looking at markets, and yet each makes their own decisions as exactly when to enter and exit any market. 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, please contact him through www.brunnerinvest.ch.

 

OK. You’ve asked about classes in Financial Astrology, and I am giving two of them in great South American cities in late September and early October. Since these constitute “investment education,” many of you will be able to write the expenses of this trip off (travel, some meals, and cost of conferences). Here are some more details of each – and I hope to see many subscribers at each:

September 23-26, 2010: Buenos Aires! Seminar on Financial and Mundane Astrology with Raymond Merriman and others, with special emphasis on Argentina’s Merval Index and precious metals and whatever else is of interest to participants, for each Financial Astrology workshop is different. For more information, contact Claudia Rizzi at astrologycr@gmail.com, or visit our web site at www.mmacycles-spanish.com. If you only speak Spanish, go to www.astrologiamundana2010.blogspot.com. We will host a special gathering of MMA Subscribers at the end of the seminar, depending on interest expressed. 

October 1-2, 2010: Rio de Janeiro! Workshop on Financial Astrology with Raymond Merriman, plus a Mundane Astrology panel with Merriman and others. The workshop will have with special emphasis on Brazil’s Bovespa Index and precious metals, and whatever else is of interest to participants. For more information, contact Renato Chebar at astrologiafinanceira@gmail.com. We may host a special gathering for MMA Subscribers on Sunday, October 3, the day of Brazil’s elections, if enough subscribers request such a meeting.

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.

March 10-12, 2011: Mexico City, Mexico. Speech on Forecasts 2011, and workshop on “Evolutionary Astrology: The Journey of the Soul Through States of Consciousness.” For information, please contact acuario888@gmail.com.

April 28 and 30, 2011: Kansas City, Mo. “Forecasts for 2011” and “Financial Astrology Workshop” with Raymond Merriman. Sponsored by AOA. Details soon. This will be the next Financial Astrology workshop in the United States.

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:


Owners of websites:

This Weekly Market Climate is available for co-branding. Call 1-800-662-3349 for details.