MMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING JULY 14, 2025
July 11, 2025
REVIEW
President Trump’s latest tariff threats could put a stop to stocks’ winning streak. Late Thursday, Trump said the U.S. would put a 35% levy on Canadian imports, up from the current 25% rate.
— Live updates, “Stock Market Today: Dow Slips After Trump Threatens 35% Canada Tariffs,” www.wsj.com, July 11, 2025.
President Trump likes tariffs for their own sake, and the latest evidence is his bewildering decision to slap a 50% tax on copper imports. How this will help the U.S. economy is a mystery.… Mr. Trump says the tariffs will ensure that the U.S. can “once again, build a DOMINANT Copper Industry.”… A major reason the U.S. doesn’t mine or refine more copper (and other critical minerals and metals) is the government permitting morass. Developing a new mine in the U.S. takes on average 29 years, the second longest in the world after Zambia…. Mr. Trump is going to make U.S. firms pay 50% more for a vital metal while they wait five or more years for U.S. sourcing. How does making it more expensive to build aircraft, ships and ammunition promote national security? This is national insecurity.
— The Editorial Board, “Trump’s Tariffs Blow Up the Copper Market,” Wall Street Journal, July 10, 2025.
Uranus moved into Gemini last week, July 7, and several financial markets busted out to new multi-year or all-time highs. This is right in line with Uranus’ “boom/bust” nature. And it’s just beginning. I think we will see several “boom/bust” market activities through to 2032, while the sudden and disruptive nature of Uranus combines with the changeable qualities of Gemini.
Global stock indices were mostly bullish last week but ended on a note of anxiety as President Trump rolled out a round of new and stiff tariff charges (essentially a new tax) on US companies for importing goods from other nations.
In Asia and the Pacific Rim, Australia, China, and Hong Kong performed quite well. China’s SSE index soared to its highest mark since October 2024. India’s Nifty and Japan’s Nikkei indices did not fare so well, as both pulled back from their recent cycle highs made in June.
In Europe, both the German DAX and London FTSE rallied to new all-time highs. Rallies in the Netherlands AEX and Zurich SMI indices were muted and may actually be setting up bearish patterns.
In the Americas, Brazil’s Bovespa index was hammered following Trump’s announcement of 50% tariffs on imports of their goods into the US. The Bovespa reversed sharply from its all-time high of July 4. But in the US itself, both the S&P and NASDAQ Composite made new all-time highs on July 9-10 before falling after the new tariff fees were announced. The DJIA did not make a new high last week but did have an interesting secondary (lower) high on July 10, which may be a tell, unless a rally can exceed those highs and end the current case of intermarket bearish divergence.
Excitement roared in other financial markets last week. Bitcoin, for instance, exploded to a new all-time high on Friday as it approached 120,000. This is what we anticipated with the current phasing of the primary and 4-year cycle as reported in our recent special BTC update issued in early May. Ethereum was also strong, rising to a new 5-month high, but was still well off its all-time high. Silver surged above $39.00/ounce for the first time since September 2011. Gold, on the other hand, had a rally, but is still well off its all-time high of April 22, an MMA 3-star CRD (critical reversal date time band).
With all these new highs, and Saturn about to turn retrograde this weekend, traders will need to be on the alert for sudden reversals. Even if it is only temporary, it could be sharp.
SHORT-TERM GEOCOSMICS
At some point U.S. tariffs will settle at a multiple of where they were before the Trump presidency. Tariffs are taxes on U.S. consumers and businesses, and they are stagflationary, like sales taxes.
— Alan S. Blinder, former vice chairman of the Federal Reserve, “Big Beautiful Bill? It’s Certainly Big,” Wall Street Journal, July 11, 2025.
There are several reasons to anticipate long-term dollar weakness: (1) One not unimportant one is that President Donald Trump himself wants a weaker dollar. (2) Another is that the highly personalized nature of Trump’s style of governing, with the resulting unpredictability reflected in the recent twists and turns on tariffs, should create a natural discount…. by far the most important reason to assume a long-term weakening of the US dollar is that America’s extreme fiscal deterioration post-Covid, courtesy of Fed largesse, means that the most likely end game remains a growing resort to financial repression resulting in some form of yield curve control and even possibly exchange controls…. The most likely currency bloc to enjoy long-term appreciation against the US dollar remains Asian currencies.
—Christopher Wood, “Global Equities Are Breaking Out, Should You Chase?” www.grizzleresearch@substack.com, July 9, 2025.
Not only have stock markets, precious metals, and cryptos been doing well since April, but so have foreign currencies against the US Dollar. These trends are likely to continue, but based on the geocosmic signatures during the next two months, sharp counter-trend reversals are also likely, which can result in excellent option opportunities for the contrarian.
Let’s look at some of the short-term planetary patterns unfolding and how they might affect financial markets. We already mentioned Uranus ingressing into Gemini as of July 4. But for now, we are interested in the possibility of large price swings during the next 2-4 months, even 2-5 weeks, especially given that new all-time and multi-year highs are forming in stock indices, Silver, Copper, Bitcoin, and currencies.
In the case of Gold, Silver, and even Copper (the “metals”), we note that Neptune turned retrograde on July 4. Historically, Gold (and Silver) will make a trading cycle low just before the retrograde. From there, both will rally 1-2 weeks after the planetary station. We see this movement already underway now, as Gold and Silver both bottomed on June 30, four days before Neptune turned retrograde.
Next, we note that one of our favorite signatures for a Gold rally correlates with heliocentric Mercury in Sagittarius, which is now in effect from July 8-19. Both Neptune retrograde and Helio Mercury in Sag are overlapping now.
Also overlapping those two signatures will be both Saturn and Mercury turning retrograde, on July 12 and 18, respectively. We have observed that when two or more planets change directions in a short span of time, major or primary cycles often culminate.
This is why we chose to host the options webinar this weekend. And the markets are complying with historic new highs. When planets change directions, so too do financial markets. How long the reversals will last (if they even happen) involves the art of trading used with the market timing tools we have studied and researched over the past several decades. They are not 100%. But they are in the 80% frequency range, which puts the edge in favor of traders who use these timing methods.
There is another big reversal zone approaching in late August and going into early September, one that fits TUMDI, our new market timing indicator introduced last week. It stands for the “Trump Uranus Market Disruption Indicator.” It was present on July 4 as Venus conjoined Uranus. And sure enough, Trump began his new round of tariff threats then, which continued to make investors nervous all last week, and will probably will continue to do so well into August when the next TUMDI signal arrives August 24-September 6. What will it be then?
Stay tuned. Never a dull moment with Uranus entering Gemini and TUMDI always lurking around the next bend.
ANNOUNCEMENTS
NOTE 1: THE “SPECIAL MMA OPTIONS WEBINAR” WITH DEREK PANAIA, HOSTED BY RAYMOND MERRIMAN AND WYATT FELLOWS, WILL TAKE PLACE THIS SUNDAY, JULY 13, AT 12:00 PM EDT. This will coincide with the midpoint of Neptune, Saturn, and Mercury turning retrograde, July 4-18 (midpoint on July 11). Saturn retrograde is one of the more significant geocosmic indicators of a potential reversal in financial markets. Two planets turning retrograde within a week is also a powerful reversal combination. Three planets within two weeks are equally powerful as a reversal indicator. You may recall that the week Mercury and Venus changed directions (April 7-13) was the most tumultuous market period of the year! It marked the 3-year cycle low in stocks.
Here’s how it will proceed: Ray will cover optimal geocosmic time bands for both selling and buying Gold, with a focus on two potential lows in August-September and a strong possibility of a big rally to follow. This time band for the lows and the subsequent crest will be outlined, based on a long-term geocosmic signature that has exhibited a very high correlation with this Gold market move in the past. Those who attend the webinar will be advised of the specific time bands, and those who sign up for Options+ will be guided through the entire period and advised on the setup for purchasing options and option spreads as they unfold. The last time we had this setup (October 6, 2023), traders made huge gains in the 3–8-week period from the buy to the sell signal.
Please note a change in the markets to be covered. We are going to add Silver and Copper and omit Crude Oil and Soybeans as originally planned, due to the strong moves last week in both metals. Ray will cover his outlook for Gold, the S&P, and Copper, while Wyatt will cover Silver and T-Notes. Derek will then present his option strategies for each, based on the analysis.
The cost is $95 for this 2.5-hour webinar (it may run longer). The Options+ package, which includes additional follow-ups from Derek over the next ten weeks on the Discord chat forum, provides refined timing for entry and exit points that evolve after the webinar itself and have resulted in handsome profits in each of our past Options webinars. The cost of Options+ is $250 (including the 2.5-hour Sunday webinar). SAVE THE DATE: Sunday, July 13, at 12 PM EDT (that’s 6 PM in Zurich, Frankfurt, Amsterdam, and Paris; 11 AM in Chicago; and 9 AM in Los Angeles). Click here to register! Note: Keep in mind that options trading is highly speculative, and this webinar is designed for speculators who have some basic knowledge of options. For those who do not, a recording of Derek’s webinar on option principles is available on the MMA website.
NOTE 2: THE CURRENT SPECIAL DISCOUNT PERIOD FOR THE TWO-YEAR MERRIMAN MARKET TIMING ACADEMY (MMTA4) IS NOW UNDERWAY THROUGH AUGUST 1!!! SIGN UP NOW AND SAVE BIG BUCKS!!
This highly valuable two-year educational and training program, created by Raymond Merriman (CTA), is an experience that will change your life and the way you view financial markets. Yes, the course is challenging, but it is also incredibly exciting! Through this program, you will learn how to identify where the market is at any given point in time — and which trading or investing strategy to apply.
The eight-course program includes six Zoom meetings per course — over 100 hours of live instruction and interaction — with instructors Wiebke Held and Raymond Merriman, along with special guest MMA analysts such as Pouyan Zolfagharnia, Gianni Di Poce, Ulric Aspegrén, Wyatt Fellows, Derek Panaia, and Kat Powell.
Classes will meet on Saturdays, approximately 20 times per year, at noon Eastern time, starting on September 27. There are one-month breaks between each course and a three-month summer break. There is nothing else as comprehensive in the subject of market timing as the MMTA program! It covers MMA’s market timing methodology for long- and intermediate-term investing, as well as position trading and aggressive short-term trading.
Acceptance into the MMTA requires an interview prior to enrollment. If you are interested in exploring whether the MMTA is right for you, schedule your interview now. If you schedule your interview and complete registration before August 1, you will qualify for $2,500 off the two-year program. The cost for the entire two-year course is $25,000 (less any early registration discounts that apply). To register or inquire about the MMTA4 program, click here. Yearly subscribers to MMA’s weekly and daily reports receive additional discounts. Other payment plans are available upon request.
Here are just a few of the many very positive reviews from graduates of prior MMTA programs:
I wanted to express my deepest gratitude for generously sharing your knowledge and teaching it. As you know, I am fairly new to trading and joined MMTA3 to learn a system to approach the stock market. Starting the year, I set myself the goal of doubling the money that I had in my trading account, thinking at the time that this was impossible to do. Thanks to the knowledge and tools MMTA3 teaches, I was actually able to accomplish this goal! In fact, I even exceeded it. —W.H., Germany
Thank you, Ray and Gianni, for the fantastic course material and support. I have made money, and every dollar for the courses was paid back and more! — J.L., Netherlands
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My perspective on the markets — and perhaps life — has changed dramatically since taking MMTA. I am extremely grateful for having been given the opportunity to learn directly from you. — K.M., USA
Doing these research projects and really dissecting the markets during this course has allowed me to trade very successfully over the past year. It is extremely rewarding to do the work and then watch it unfold according to plan. — W.F., USA
To watch the most recent informative video interview with Wiebke Held and Raymond Merriman, conducted on June 26 and discussing the MMTA4 program, click here.
NOTE 3: THE JULY ISSUE OF THE MMA Monthly Cycles Report will be released this week, July 14-15. With both Saturn and Mercury turning retrograde this week, the stock market and Copper making new all-time highs, and the Euro and Silver reaching new multi-year highs, this is a period that can coincide with significant turns in several financial markets. Each issue includes our outlook for the US stock market, Gold, Silver, Copper, Treasuries, the Euro currency, Crude Oil, and Soybeans. The MMA Monthly Cycles Report also provides MMA’s original geocosmic critical reversal dates (CRDs) and solar/lunar reversal dates for traders over the next several weeks, as well as trading strategies for position traders.
If you would like to try a one-month subscription, you can sign up for the July report for only $35 — or save by ordering a three-report or twelve-report subscription.
NOTE 4: THE “JUPITER REPORT“ — YOUR MOMENTS OF OPPORTUNITY — IS NOW AVAILABLE. This new product, written by Raymond Merriman, is a 30- to 40-page report that all traders (and even non-traders) will find highly valuable. It identifies the times during the year when Jupiter transits are highlighted in your natal chart. It delineates the meaning of Jupiter’s transits to your natal planets and angles over a 14-month period (including one month before your order and one month after the year ends). As an added bonus, each transit is ranked on a scale from –3 to +3 in terms of favorability for trading. Traders may find this especially valuable! Would you like to know when you are under a +3 transit and, therefore, most likely to experience trading successes? Or a –3 transit with stronger-than-usual potential for misjudgments and losses? You betcha! The cost for your 14-month Jupiter Report is $69. Click here to order!!!
NOTE 5: The MMA Solar-Lunar App now offers reversal signals on the NASDAQ to all subscribers! The app provides daily weighted values for four markets: the DJIA, NASDAQ, Gold, and Silver. It is an ideal tool to have in your back pocket if you are a short-term swing trader looking for high-probability dates that identify isolated lows and highs in these markets. The app is currently available only on Apple devices (iPhone and iPad). To learn more about the MMA App, click here. To order it, go to the Apple App Store and search for Merriman Solar/Lunar Reversals.
NOTE 6: MUST READ!!! A NEW BOOK, ESOTERIC ECONOMICS BY GIANNI DI POCE, IS NOW AVAILABLE!!! This is an excellent introduction to the correlation between geocosmic studies and the fields of economics and financial markets. In many ways, it is the perfect book to launch one’s journey into the world of financial astrology — but it is more than that. Esoteric Economics offers a clear and accessible explanation of how economics and financial markets work, then beautifully ties these fields together through an esoteric lens. It is ideal not only for those beginning this journey but also for readers seeking a deeper understanding of how economics operates on both a practical and esoteric level.
Gianni Di Poce is a well-respected MMA analyst and served as the director and lead instructor of the MMTA2 and MMTA3 (Merriman Market Timing Academy) programs from 2021 to 2024. He also holds an MBA in economics from the University of Michigan. The cost of this excellent 288-page book is $55 for the softcover or $60 for the hardcover (plus postage). It is also available as an eBook (no postage). To order, click here.
NOTE 7: MMA’s Free Weekly Column podcast is available on SPOTIFY, APPLE, and AMAZON! Now you can listen to a podcast of this weekly column, narrated by Thomas Miller, every Saturday! Thomas has an excellent voice and brings the weekly column to life in a personable and, at times, humorous fashion. Just follow Merriman Market Analyst on Spotify or Apple to listen to all our episodes. A new episode is released every weekend. This is a FREE service and is available to everyone. Check out our podcasts on Apple, Spotify, and Amazon Music. It makes for great listening!
NOTE 8: The MMA weekly YouTube show, “Geocosmic Week in Review and Look Ahead,” with Gianni Di Poce, is conducted on Wednesday evenings! Each 5- to 20-minute FREE episode reviews the previous week’s market activity and offers a preview of the geocosmic signatures in effect for the coming week and beyond.
EVENTS
SUNDAY, JULY 13, 2025, AT 12 PM EDT: The next MMA Options Webinar with Derek Panaia, Wyatt Fellows, and Ray Merriman. This will take place in the middle of the Saturn and Mercury retrogrades of July 12 and 18 — a historically important period correlated with primary cycles and market reversals. Save the date! To register, click here.
SEPTEMBER 27, 2025: MMTA4 begins!! Special rates apply through August 1. Click here for details.
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 of educating the reader on the relationship between astrological factors and collective human activities as they occur. 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 those movements 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, 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 the perspective of a cycle 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 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 their potential effect on 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.