MMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING JULY 21, 2025

REVIEW

It was a pretty quiet week overall, considering the previous week’s breakouts to new highs in many markets following Uranus’s ingress into Gemini on July 7. However, this could be construed as normal market action in the wake of such large gains. In the US, the S&P and Nasdaq made modest new all-time highs again, but these are still unconfirmed by the DJIA. As this intermarket bearish divergence continues to build, it is sending a warning to market bulls that a rather significant correction could transpire at any moment. In Europe, it was a mixed bag with many indices settling near unchanged. The UK FTSE was the only standout, gaining 1.3% on the week. It was much the same for the Asian stock markets as well.

In commodity land, the Crude Oil market ended the week lower but not before putting up a fight. Gold hit what could be the final major cycle crest on Monday, July 14, before a steeper decline to a primary cycle low begins. Unfortunately, last week’s price action following Monday’s high of 3389.30 didn’t do much to signal that this decline has begun. However, we do note that we still have bearish intermarket divergence between Gold and Silver after the latter ripped to fresh 13-year highs while Gold remains below its all-time high of 3509.90 achieved in April of this year. As a farmer, I am certainly biased here, but the best commodity markets may have been the grains this past week. Corn looks to have put in a primary cycle low with Monday’s key reversal and finished the week almost $0.30 off the lows. Soybeans were also strong, finishing up almost $0.50 off the lows. The rally was most assuredly welcomed in the Ag community, as I suspect many producers are very undersold this year.

In crypto currencies, Bitcoin consolidated its gains from the previous week, but the real story was Ethereum, which shot up to fresh 6-month highs. This was largely due to favorable legislation being put through Congress that could lay the foundation for crypto to be integrated into a larger part of the financial system.

 SHORT-TERM GEOCOSMICS

“US President Trump has recently shown an eagerness to change the media narrative. The narrative changed yesterday with speculation about the future of Federal Reserve Chair Powell. That shift might be expensive. Trump declared they had been “surprised” by Powell’s appointment. Trump originally appointed Powell.”

—The Dangers Of Being Surprised, UBS morning audio comment by Paul Donovan.

I am sure most are familiar with the acronym “TDS,” which is short for Trump Derangement Syndrome. The term is often hurled by Trump supporters towards some of his strongest critics, and not in a positive way. But to be honest, the term could just as easily be applied to some of his most staunch supporters, who blindly follow the president unquestioningly. When reading the above quote, I can’t help but wonder if President Trump himself is suffering from a form of TDS? The jokes seem to be writing themselves these days!

“After this week’s events, the question is whether anyone can advocate for US rate cuts without being seen as a political puppet? Yesterday, Federal Reserve Governor Waller offered some (debatable, but valid) economic points in favor of US rate cuts, but the position is politically tainted. The problem for the Fed and markets is that the US administration’s policy continues to create considerable uncertainty about the economic outlook.”

—Can Anyone Argue For Rate Cuts?”, UBS morning audio comment by Paul Donovan, July 18.

Trump has been a harsh critic of Powell in recent weeks, publicly berating him for being too slow to lower interest rates. He has even threatened to fire the Fed Chair, although I am fairly certain he doesn’t have the power to do so without probable cause. In his defense, Powell has publicly stated his reservations on lowering rates are based on Trump’s tariff policies and the potential inflationary effects they may have down the road. The rhetoric between these public figures is unlikely to get much better with Mercury (the Trickster) now retrograde from July 17 until August 11. This time period can often be fraught with misunderstandings, broken lines of communication, and is not the best time to start or enact a new policy (such as cutting interest rates). After all, with inflation reports and expectations again starting to flare, who really would even want to?… Oh yeah!…that guy. 😊

In financial markets, when the “Trickster” is retrograde, we often see choppy market action with reversals every 2-4 days. Technical signals also become less reliable along with fake-out moves above and below support and resistance zones. As a rule, we generally do not initiate new position trades during this time. However, the interest rate markets (specifically T-notes) seem to like changing directions during planets’ stationing retrograde or direct. Since March 1, T-notes have formed an isolated high or low within 3 trading days of a planet in our solar system changing directions. This was usually followed by a tradable rally or decline. I bring this up because last week we had Saturn turn retrograde on July 12, with Mercury joining the party on July 17. T-notes were in the time band for a major cycle low and fell right to trendline support on July 15 following the CPI report. If T-notes can hold the lows of this past week, a tradeable rally (lower longer-term interest rates) just may be in the offing. I wonder how that will go over with President Trump?

 ANNOUNCEMENTS

NOTE 1: TWO MORE WEEKS! 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!! ~250721

 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

 This course was truly mind-blowing! I learnt in abundance. Thank you all for sharing the excellent trading data and knowledge. This course is worth more than a college degree — and at a fraction of the price, too. — K.L., Australia.

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 2: The NEW monthly MMA Technology Cycles Report by Wiebke Held will be issued this week, on July 22. Wiebke’s excellent research papers at MMTA3 were based on extensive studies of long-, intermediate-, and short-term cycles in the NASDAQ spot index. This new report, based on her studies, provides an outlook not only for the NASDAQ but also for QQQ (ETF), NASDAQ futures, and specific technology stocks including Microsoft, Google, NVIDIA, Tesla, and Apple. It also includes CRDs (critical reversal dates) specific to the NASDAQ, based on Held’s meticulous research. Focusing on the NASDAQ is crucial because of the outsized role technology will play in financial markets — especially with Pluto in Aquarius for the next 20 years and Uranus in Gemini for the next seven years. If you want to receive the next issue of this new report, sign up now by clicking here.

 NOTE 3: THE “SPECIAL MMA OPTIONS WEBINAR” WITH DEREK PANAIA, HOSTED BY RAYMOND MERRIMAN AND WYATT FELLOWS, TOOK PLACE ON SUNDAY, JULY 13. It was fantastic! Recordings of the three-hour event are now available. The cost is $95. Click here to order!

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 4: The July issue of the MMA Monthly Cycles Report was released last week. With both Saturn and Mercury recently turning retrograde, the stock market and Copper making new all-time highs, and the Euro reaching a multi-month high, this is a period that can coincide with significant turns in several financial markets. In fact, they appear to have started. Each issue includes our outlook for the U.S. 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 5: 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 6: 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 7: 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 8: 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 9: 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

 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’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 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.