Menu Content

Merriman Market Analyst

Home arrow Weekly Preview arrow MMA Comments for the Week Beginning November 14, 2011
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
MMA Comments for the Week Beginning November 14, 2011
Written by Raymond Merriman   

Review and Preview

 Neptune was certainly prominent last week as expected. It was in opposition to Mars last Monday and then it went stationary direct on Wednesday, As stated in last week’s column, “It (Neptune) is also the planet of rumors, distraction, and deception. It will be interesting to see how Herman Cain handles allegations of sexual harassment under this dynamic. It will be interesting to see if Governors Perry or Romney will flip-flop, or fall deeper into conflicts on any more issues this week… Sincerity will be at a premium this week, and those who stumble in this area of behavior may look really bad…. Politically-speaking, some candidates may start to drown.”

 Here is what happened. Prior to the Republican presidential debate last Wednesday, two more women alleged sexual harassment by candidate Herman Cain – and still no proof. Mitt Romney was highlighted for yet another flip-flop. In fact, Friday’s Wall Street Journal had a front page story about his policy shifts in 2005. At the debate, Rick Perry had a brain freeze and lost his train of thought in the middle of a response, which made him look really bad.. He probably lost his chance to be nominated. Figuratively-speaking, his campaign is drowning.

It was all Neptune, god of rumors, flip-flops, and brain freezes. But the most striking of all was a false S&P report that France’s credit rating had been downgraded, throwing a huge loss on its Treasury markets. This report was denied immediately afterwards, but damage was done. Also stunning were the resignations of the prime ministers of Greece and Italy, as the Euro zone starts its own version of the “Arab spring,” but in a more Neptunian fashion than Libya and Egypt, which were more in line with Uranus in Aries – a sign placement that won’t end until 2018..

But it wasn’t just Neptune in action last week. The dark cloud hanging over everything we do today is the approaching Uranus-Pluto waxing square. Everything is headed into that “form- shifting” vortex, especially those things which relate to the 4 D’s: debt, deficits, downgrade, and default. Last week Jefferson County, Alabama filed for the largest municipal bankruptcy in the history of the United States over a failed sewage deal. Many leaders will be forced to step down due to their inability to handle their nation’s finances well, grant freedoms and opportunities being demanded by the masses, or else they risk being removed more forcefully under a revolutionary obsession to “tear down and get rid of the rot.”

Yet financial markets didn’t do too badly. Well, actually they had the one horrendous down day last Wednesday, November 9, as Neptune turned direct. The Dow Jones Industrial Average fell nearly 400 points and the Euro currency suffered a massive pullback of nearly 400 points from its high on Wednesday to its low on Thursday’s full moon. But aside from that, equity markets, precious metals, and energy markets did fairly well. Crude Oil is now testing 100.

Short-Term Geocosmics

 The markets were a little ragged last week as expected under the Neptune transits. And although stock markets fell hard from Tuesday’s high into Wednesday’s low, that decline held slightly above the lows of the prior week. They were right back up to their weekly highs again by Friday in the DJIA. Last week’s column stated, “If the markets aren’t down too severely by then (the full moon on Thursday), I see light coming through the clouds, and the fog begins to dissipate.” The week ended on a sunny note, up 170 points for the week in the DJIA.


 This week commences a series of successive yet important geocosmic signatures that last right into December 29. It is the longest time band of the year in which no two signatures are more than 6 calendar days apart, which is important in our work of identifying critical reversal zones, as defined in “The Ultimate Book on Stock Market Timing Volume 3: Geocosmic Correlations to Trading Cycles.” The first aspect will be Mars in a waxing trine to Jupiter on November 16.  Normally this would be expected to have bullish implications for equity markets, especially given that Jupiter is still in that very important 0-7° of Taurus zodiac sector. As stated many times before, we expect a secondary top in the 4-year cycle to peak then (October 7, 2011-March 7, 2012). This is already coming about as the DJIA is now in the process of challenging its yearly high of 12,876 formed on May 2, which was first time it entered this zodiac zone that has this high correlation to the tops of bull market 9 (i.e. within 7° of the Aries-Taurus border), and from which bear markets then commence.

Longer-Term Thoughts and Personal Transit Tales

 In honor of all the Neptune transits in force in the past week and the correlation of Neptune to hopes, wishes, altruism, utopia, and fantasy, let’s resume our make-believe discussion between President Barack Obama and Federal Reserve Board Chairman Ben Bernanke on how the USA might really get a handle on its ballooning debt crisis.

So, after asking the Federal Reserve Bank to take a 50% “haircut” on the U.S. Treasuries it holds – similar to what European leaders asked of its largest banks in order to tackle their monstrous debt crisis - Big Ben replies to B.O.: “Mr. President, I will raise you one higher. We will forgive the USA all of the $3T (or more) USA debt we have on our books if, in exchange, you and Congress agree to do what I have been requesting for the past two years. That is, be more responsible on your fiscal policy. Specifically, create a budget - your first budget since taking office nearly three years ago! Not only that, but create a balanced budget. Otherwise you will just fall into the same trap and things will be worse in just three years. At the rate of $1T+ budget deficits each year since you’ve been in office, the $3T loan we forgive will mean nothing in less than three years. The country’s debt will be right back to where it is today. On the other hand, if we forgive the $3T we lent you from money we created out (and charged you for), and at the same time you actually show fiscal responsibility and produce a balanced budget, then we can reverse this trend and start a new healthy momentum that will lead the USA – and the world – into a much more positive financial direction. We can solve this debt crisis right now.”

“But Ben,” say B.O., “I can’t do that unless I can raise the taxes on those millionaires and billionaires that make $250K per year. And the Republicans won’t let me do it! How can I create a balanced budget if I can’t raise revenues by taxing the rich?”

Big Ben thinks about this for about 5 seconds, because it is not a particularly hard question to answer when you understand finances. “Sir,” says Ben, “First of all you really must learn to count. After all, numbers mean something. An income of $250K does not a billionaire - let alone a millionaire - make. When you mangle numbers like that, it destroys your credibility as a serious negotiator. Second of all, you don’t negotiate by making non-negotiable demands. You make an offer that actually takes into account what the other side wants. You want to tax rich, and the rich don’t want to pay taxes to a government that it sees as wasteful and fiscally irresponsible. Offer these high income earners a deal. They want a government that is financially responsible. You want taxes to help solve the debt crisis. Offer them this: if I (the President and Congress) promise to create a balanced budget, and the Federal Reserve Board agrees to forgive the USA debt it holds on its books, would you (the high income earners of say $200K or more) agree to a modest income tax hike as I suggest? And use the word ‘suggest,’ and don’t ‘demand,’ or ‘threaten to veto if you don’t give me what I want.’ Stay away from those intractable statements when you negotiate, B.O. That’s how Clinton and Reagan got things done. They negotiated. They made deals that gave the other side something it wanted. The thing is, I believe the American taxpayer would be willing to pay their ‘fair share’ if they believed you were committed to financial sensibility and not spend more for programs than you cannot afford. Everyone wants to help this country. But you have to demonstrate that you and Congress are also willing to get America back on a sound financial path – which this deal would do. Get your finances straightened out, get the support of the American people behind you by believing you are sincere in wanting to solve this problem, and then see what you can afford. Don’t go on these over-the-top spending sprees until you know where you stand. And don’t continue with this ridiculous mantra that we have to spend more (and tax more) in order to cut our deficit. You know, put the horse in front of the cart, not the other way around.”

 Of course there is an underlying geocosmic reason why the Fed chair might want this to happen. With Uranus and Pluto coming into their waxing square in 2012-2015, history shows that mass protests against both governments and banks occur, and in many cases these protest movements have turned from demands for more equality and opportunities into mobs and riots that unleashed destruction. Banks have been burnt down and bankers have been executed under similar aspects in the past. Big Ben is no fool and he knows his history, and most likely he wants the central bank of the United States to survive. But he can see the writing on the walls and where these protests of today are headed, and it doesn’t look good for banks. The Fed is going to have a hard time surviving this decade if the class warfare rhetoric leads to social uprisings, as bankers (a profession ruled by Pluto) are increasingly cast into the drama as a huge part of the problem.

 Could this idea work? Why not? As the deli girl said to me last week when I tried to buy some sliced organic turkey and she wanted to know what my number was, “Answer me that!”

 

Announcements

   The MMTA International Cycles Report (ICR) is coming!!! Written by a select group of top graduates from MMTA (Merriman Market Timing Academy), each monthly issue will contain an in-depth analysis of the markets that were most requested from a survey sent out to 1000 readers of the first three complimentary issues. These markets include: the XAU index (Gold and Silver Mining stocks), British Pound, Australian Dollar, the Australian stock index (ASX), the London FTSE stock index, the Russell 2000 stock index, and Bitcoin. Two other markets will be chosen from Corn, Wheat, the US Dollar, and Natural Gas, by the time the new subscription service begins on June 4. In the meantime, there will be a bonus introductory issue for new subscribers, to be released on May 6, covering the XAU, Bitcoin, ASX, and the British Pound (and maybe Platinum). For a limited time only (until June 6), a special 10% discount introductory subscription rate will be offered to this new report. For details, and to receive your bonus copy of ICR on May 6, go to http://www.mmacycles.com/catalogue/subscription-services/the-new-mmta-international-cycles-report-is-coming!!!-/ or www.mmacycles.com, and scroll down the opening page. Sign up now and save big bucks!


    ONE MORE WEEK to register for the best rate available to attend the MMA Cycles Investment Retreat in Italy this summer! And it is an even better rate if you are an American, due to the recent plunge in the Euro currency. Your dollars go much further now, in one of the most beautiful areas of the world! This special event will take place in Tuscany, Italy (near Florence), September 4-7, 2015, with two additional days set aside for group visits to the famous Uffizi art museum and the Florence School of Wine. Raymond Merriman, Claude Weiss, and select graduates of the Merriman Market Timing Academy (MMTA) will present original research on the state of several financial markets that are either just beginning, or about to begin, new long-term cycles. Discussions will take place on which markets represent the ”best” long-term investments, according to these studies on the correlation between long term planetary and financial market cycles. Claude Weiss of Zurich, Switzerland – the dean of today’s Mundane Astrologers – will deliver the keynote address on “The History of Capitalism and the Saturn/Uranus/Neptune Cycle – Implications for the Present Period.” There will be no recordings of this event. If you are interested in attending, you may now visit www.merrimanmta.com/italy2015/ for a full description of the program, the speakers, and the wonderful cultural activities that will be available as optional choices. This is an excellent opportunity to share and learn about the current state of financial markets. The location of the event will be the beautiful and historic medieval castle, Castello di Montegufoni, in Tuscany. Apartments in the castle are very spacious, but limited (we are down to the last four now), so if interested, reserve by May 1 and save more big bucks! For a PDF brochure that was just released, or more details, please contact MMA at ordersmma@gmail.com, or call 1-248-626-3034.


    Mark your calendars for June 20, 2015! That is when Raymond Merriman’s “Mid-Year Outlook on Financial Markets and World Economies” webinar will take place. The cost of the live webinar, which includes free viewing of the archive of the presentation that will be posted for the following 30 days, is $45.00. Reservations must be made at least 48 hours in advance, or by June 18. Attendance during the live webinar is limited to the first 100 people who make a reservation (the last webinar on February 21 sold out). MP4 recordings will be available three days afterwards for those unable to attend the live webinar. The speech will begin at 2:00 PM, EST. That is 11:00 AM in the Los Angeles and San Francisco, 7:00 PM in London, 8:00 PM in Zurich and Frankfort, and 6:00 AM in Australia (NSW). It will last about two hours with a 20-minute Question and Answer period at the end. The topics – forecasts - to be discussed include the world and national economy for the second half of 2015, based on cyclical and geocosmic studies. Markets to be discussed will include Gold, Silver, the USA stock market, Crude Oil, Treasuries, and the U.S. Dollar. Call MMA at 1-248-626-3034, or go to the www.mmacycles.com website (scroll down the opening screen) to make your reservation, or email to ordersmma@msn.com.


   The MMA Daily and Weekly subscription reports continue to be hot. 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. These weekly reports give 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, T-Notes, Crude Oil, Soybeans, Gold and Silver. The daily reports cover all stock indices listed above, as well as futures in Euro, Japanese Yen (new!), 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 as well as for shorter-term aggressive traders, such as the recent buy signal on the Euro that was issued shortly after it bottomed. 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. These reports are extremely valuable to those who trade ETF’s (Exchange Traded Funds).


EVENTS

June 20, 2015, 5:00 PM EDT: Webinar by Raymond Merriman on “Mid-Year Outlook on Financial Markets and World Economics.” Cost will be $45.00. Contact MMA at 1-248-626-30341-248-626-3034 or ordersmma@gmail.com for details or sign up. We will list it on our website around May 20. Limited to 100 people for the live webcast (we sold out last time). MP4 recordings will be available three days afterwards for those unable to attend the live webinar.

September 4-7, 2015: Tuscany (near Florence, Italy). “Identifying the Next Long-Term Investment Opportunities.” A special 4-day MMA retreat for independent investors and traders.  Raymond Merriman, and graduates of MMTA, will present their newest studies on various financial and commodity markets that are entering new long-term cycles (trends), which we believe offer long-term investment opportunities. The last day will disacuss trading plans for the next week for those who are traders. Special Keynote Speaker will be Claude Weiss of Zurich, Switzerland, speaking on “The History of Capitalism and the Saturn/Uranus/Neptune Cycle – Implications for the Present Period.” Cost is $3300 for sign up by May 1, 2015. Contact MMA at 1-248-626-30341-248-626-3034, or ordersmma@gmail.com for details, or to sign up. Excursions to the Uffizi Art Museum and the Florence School of Wine are optional. A formal announcement is now available at www.merrimanmta.com/italy2015/. A more formal brochure will be posted shortly. It’s Tuscany! It’s beautiful!  Visit www.montegufoni.it for a description of the Castle di Montegufoni where this event will take place.

December 11, 2015: Tucson, AZ. “Forecasts for 2016,” with Raymond Merriman. Details to be announced soon.

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).

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.