MMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING NOVEMBER 24, 2025

NOTE: This week’s free weekly column will be written by MMA Analyst Pouyan Zolfagharnia. Pouyan is the editor of the MMA Cycles Plus monthly report, and covers Gold, Silver, NASDAQ, and Crude Oil. The November edition of the MMA Cycles Plus monthly report will be coming out on Monday.

 REVIEW

“The ProShares UltraPro Short QQQ fund, an ETF that magnifies bearish bets on the Nasdaq, recorded more than $12 billion of inflows yesterday, the largest daily haul on record, according to FactSet and Dow Jones Market Data going back to 2010. This fund provides leveraged exposure to tech stocks falling. For example, if the Nasdaq falls 1%, the SQQQ fund might rise around 3%.”

—Gunjan Banerji, “There Was a Stampede Into This Bearish Tech Fund Yesterday,” The Wall Street Journal, November 21, 2025.

This week, the cosmic spotlight was on the subterranean undercurrents of the financial world, with the Sun in Scorpio, and the Moon joining it there for a lunation. The Moon does not like Scorpio, losing dignity in the sign of its fall. This impacts human emotions, and we saw this in the form of a sharp selloff across most markets. The New Moon in Scorpio pulled back the curtain on deeper, hidden problems: mounting debt, hidden imbalances in the tech-credit complex, sovereign bonds under pressure, and the UK high court ruling against BHP (the world’s largest mining company) for Brazil’s 2015 dam disaster.

The grand trine between the Sun, Jupiter, and Saturn-Neptune, held in the place all week, helped elevate the mood, inviting us to consider bold visions of growth, renewal, and peace. A detailed U.S. peace plan was shared with Ukraine, as Moscow signaled its willingness for talks. The week ended, as the Sun-Uranus opposition jolted markets and a magnitude 5.5 earthquake hit Bangladesh.

All three US stock markets closed down this week, all within the orb of a primary cycle and starting to show signs of bullish oscillator divergence. Has the low formed? In the October overview section of the MMA Cycles Plus reports I wrote, “…as the Sun enters Scorpio later in the month, bullish momentum in equities and precious metals may wane. Scorpio season often coincides with rising volatility, a sharper focus on debt, credit, and hidden risks, and an uptick in scandals or crises that unsettle investor psychology. Suspicion, fear, and anxiety tend to peak here, making markets more reactive and prone to sudden reversals.” Friday was the last day of this transit, as the Sun entered the more optimistic and exuberant sign of Sagittarius. It is possible we may have just seen the tech-heavy NASDAQ and the crypto markets form their respective primary cycle troughs, as the Sun opposed Uranus, the planet that rules over these assets.

We have seen the steepest decline in most markets since the low that formed in April. This was reflected globally with all indices dropping off their respective ATHs as the Sun transited Scorpio; Japan’s Nikkei fell 8.4% in 3 weeks, the UK’s FTSE fell 5.1% in a week, the German DAX fell 7.4% in 6 weeks, and the Australian ASX 200 fell 7.8% over 4 weeks. We may yet see bullish intermarket divergence once the momentum shifts. We saw a similar picture across the BRICS economies; with China’s SSE index dropping 4.9% in a week, Brazil’s Bovespa index dropping 3.1% over a week, South Africa’s JSE 7% over a week, and Argentina’s Merval 13.4% over 2 weeks. The only outlier was India’s Nifty, which was up for the week and testing its ATH of September 2024.

The precious metals were undecided, given the mixed signals under Mercury retrograde. Bitcoin and Ethereum remain within a bearish pattern, putting in new lows in the time band for a primary cycle trough. Both assets have very likely formed their respective 4-year crests, which makes me nervous about the stock markets. Bear in mind that Bitcoin formed its 4-year crest in November of 2021, the same month that the NASDAQ formed its 2- or 3-year crest. Both assets formed a new ATH in October of 2025. This is an important correlation worth tracking closely.

SHORT-TERM GEOCOSMICS

“Japan’s cabinet has approved $135 billion of stimulus to help households cope with rising living costs and boost economic growth, firing off the first fiscal salvo under new Prime Minister Sanae Takaichi. The Takaichi administration on Friday signed off on the package totaling 21.3 trillion yen, equivalent to $135.27 billion.”

—Megumi Fujikawa, “Japan Approves $135 Billion Stimulus Shot to Help Households, Economy,” The Wall Street Journal, November 21, 2025.

With the grand trine in water signs, news of the Japanese stimulus was the type of event I was anticipating this week. With all the planets in water signs, the Sun-Uranus opposition at the end of the week was always going to bring about sudden and unexpected news concerning natural disasters, crashes, or rash decisions. We saw this manifest as:

• Storm Claudia batters Europe: The storm caused days of heavy rain and flooding (Jupiter-Neptune) in Portugal and neighboring Spain, and later inundated southeastern Wales.
• S. launches Operation Southern Spear against narco‑terrorists: The operation, led by Joint Task Force Southern Spear (trine), deploys the aircraft carrier USS Gerald R. Ford (Jupiter-Neptune) and aims to interdict drug‑smuggling vessels (Neptune).
• Emirates orders 65 Boeing 777‑9 jets valued at $38 billion: Both the large jets and the value involved resonate the traits of Jupiter.
• COP30 climate summit (Belém, Brazil) fire disruption: The summit is a great manifestation of the cooperation represented within the grand trine. Yet fire-causing disruption is a manifestation of the Sun-Uranus opposition.
• Dubai Airshow 2025 Indian fighter jet crash: Sun-Uranus opposition often results in violent accidents.
• Iran’s IRGC seized a tanker in the Strait of Hormuz: This is the Sun-Uranus opposition rash event occurring in international waters (water sign trine).

Over the coming week, as the Sun leaves the grand trine, it will pass the torch onto Venus, the planet of peace and prosperity, to reignite the trine with Jupiter and Saturn- Neptune. This bodes well for potential peace talks and cooperation over the Russia-Ukraine war.

We have two powerful geocosmic signatures coming up: Saturn’s station direct on November 27, and the Venus-Uranus opposition on November 29. We may see a case of intermarket bullish divergence with some markets forming their trough last week, and others forming them next week. This would be a great set-up for buying the dip.

As I write, the Sun is preparing to leave Scorpio’s darker terrain, and a sense of renewed optimism seems to be breaking through in the markets, in geopolitics, and in the atmosphere itself. Saadi’s Bustan (The Orchard) captures this turning from shadow to light, the point that we in MMA pride ourselves on:

“When every remedy and clever plan had failed,

the wise man rose in humility and said:

 O Lord! By Your grace my hope grows strong

that what is difficult may become easy.

 Do not close the door of hope, my friend,

for fortune often arrives suddenly from that very place.

 This anxious state will not remain forever;

in a single moment the throne of destiny can change.

 The dark night will, in the end, become day;

no state of sorrow or suffering lasts forever.”

ANNOUNCEMENTS

 NOTE 1: THIS WEEKEND!!! THE NEXT “SPECIAL MMA OPTIONS WEBINAR” WITH DEREK PANAIA, HOSTED BY RAYMOND MERRIMAN AND WYATT FELLOWS, WILL TAKE PLACE ON SUNDAY, NOVEMBER 23, AT 12:00 PM EDT. ~251124

 Here’s how it works: Ray will be the emcee. He will introduce Wyatt, who, along with Ray, will provide the outlook on cycles and geocosmic turning points in five markets (S&P, Gold, T-Notes, Soybeans, and one other market TBD). Derek will then present the option strategies with the best risk/reward potential based on Ray and Wyatt’s analysis and his own interpretation of additional supporting factors.

Derek will then continue providing updates over the next seven weeks (November 25–January 15) for those who sign up for the Options+ group that follows. The Options Plus experience will be offered at a special price of $100. The total cost for both the webinar and the Options Plus updates will be $195. The new Options+ subscription service will be very active and interactive. It is the perfect complement for active traders who also subscribe to the daily and weekly MMA reports, as it builds on the outlooks in those reports and monitors them on a daily or as-needed basis to identify optimal option trades that arise intraday or intraweek within their forecasts. Derek will guide subscribers through the strategy behind each trade as it develops. It is an excellent way to experience MMA’s methodology operating in real time!

The cost for the November 23 Options webinar is $95 for this 2.5-hour session (it may run longer). The special introductory rate for the seven-week Options+ group, which will continue through January 17, is $100 (the total is $195 if ordering both).

Registration for the November 23 MMA Options Webinar and the Options+ follow-up is now open. To register, click here.

Note: Keep in mind that options trading is speculative. This webinar and the new subscription service that follows are designed for speculators who have a basic understanding of options. For those who do not, MMA offers a recording of Derek’s webinar on option principles, available on its website.

 NOTE 2: There will be a special Black Friday Sale offered to all registered readers of this column on Friday, November 28. Watch your emails for this special announcement mid-week!

 NOTE 3: The November issue of the MMA Monthly Cycles Report Plus+, edited by Pouyan Zolfagharnia, will be released this week on Monday/Tuesday. With a two-star critical reversal date (CRD) now in effect, and stocks and metals in a time band for a primary-cycle low, this month’s edition is very timely. The mid-month addendum to the MMA Monthly Cycles Report regularly features Pouyan’s outlook on Gold, Silver, NASDAQ, and Crude Oil. It includes visual graphics and charts (people love it, and this month’s graphics were especially stunning!). The report contains more illustrations and references to geocosmics than most MMA cycles reports and is available only to subscribers of the MMA Monthly Cycles Report. If you wish to try this month’s addendum, along with the latest issue of the MMA Monthly Cycles Report, sign up online at the link above. A subscription for a monthly copy of both reports is $55. This includes the most recent November issue of the MMA Monthly Cycles Report and this week’s MMA Monthly Cycles Report Plus+ addendum. For further information and ordering instructions, please click here.

 NOTE 4: FORECAST 2026 IS ON SCHEDULE TO BE MAILED OUT BY DECEMBER 15!!! The book was finished today! Order by December 1 to be included in the first shipment!

 MMA’s annual Forecast book is an astrological-themed almanac that has served students of cycles and markets since 1976. It provides a cyclical outlook on the collective world psychology, the national economy, a geopolitical overview, socio-cultural trends, weather and natural-calamity potential, as well as financial market projections for the U.S. stock market (DJIA and NASDAQ this year!), the U.S. Treasury market, interest rates, Gold and Silver, currencies (the Euro, U.S. Dollar, Swiss Franc, and Japanese Yen), Bitcoin, Crude Oil, and Grain markets. Additionally, it provides the three-star CRDs for each market for the year, which have maintained an 80+% accuracy rate over the years for trading-cycle highs and lows when given an orb of three trading days. The book is approximately 250 pages (our largest ever because it’s the special 50-year anniversary edition), 8.5″ × 11″. The price of the Forecast 2026 print edition is $66, and the eBook is $55.

To pre-order this year’s 50th-year edition, click here. It’s special! The printed edition is limited. When they sell out, there will be no further printings.

Additional offers: MMA is also offering a special bundle discount for those who order both the eBook and printed editions of Forecast 2026 for $86. The eBook typically becomes available one to two weeks before the print edition and avoids delays caused by the postal system — especially for those living overseas.

There will be 50 autographed copies by Raymond Merriman (no autopen!) of our 50th-year print edition of the Forecast 2026 book available for $195. Orders must be placed by December 10, or until all 50 copies are requested, whichever comes first.

A Forecast 2026 audiobook is now available for only $30.00 if ordered before December 15. The Forecast 2026 audiobook will include all chapters from the Forecast 2026 book except the financial markets and the calendar/ephemeris pages in the back of the annual book. It provides an excellent overview of what’s in store for the coming year(s) for the world and the nation (USA, President Trump, the Federal Reserve Board, the economy, lunar nodal cycles, each outer planet in each sign, and the remarkable “Aries Vortex”). It makes for great listening, narrated by the silky-smooth voice of Thomas Miller. To order, click here.

 NOTE 5: SPECIAL ONE-YEAR ANNIVERSARY SALE ON THE JUPITER REPORT — YOUR MOMENTS OF OPPORTUNITY! The Jupiter Report was first introduced one year ago, in late September 2024. If you were one of the first to order then, it’s now time to update your outlook for the year ahead. The cost of your 14-month Jupiter Report is $69. However, starting this week, we’re launching a special one-year anniversary sale at $55 (a 21.5% discount) for those who order their next 14-month Jupiter Report.

The Jupiter Report is written by Raymond Merriman. It 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 and explains the meaning of Jupiter’s transits to your natal planets and angles over a 14-month period (including one month before your order date 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 success? Or a –3 transit, with a stronger-than-usual potential for misjudgments and losses?

The Jupiter Report also makes an excellent holiday or birthday gift.

 Here is a recent letter from our options expert, Derek Panaia, to the Options+ group, which closed out exceptional gains on five option trades presented in the July 13 webinar:

On a side note, I started using MMA’s Jupiter Report this year, so I only have a few months of history with it. But my first positive Jupiter aspects came in March/April this year. I was trading copper and had made a nice long trade and started buying puts for a dip. The puts did nothing for a week or so, then copper prices collapsed, and my puts went up sharply in one week. This started exactly on the same day my Jupiter Report showed a positive aspect. Well, fast forward a few months, and I have copper put spreads (the same put spreads you guys bought), and yesterday copper prices collapsed, and the puts made a lot of money. And guess what? This was one day before my Jupiter aspects started positive again. For me, it is amazing how accurate this report has been. I just wanted to share this, FWIW. The Jupiter Report from MMA is not very expensive, so if you guys use astrology in your trading, you might want to check it out.

 NOTE 6: THE MMA SOLAR-LUNAR APP NOW OFFERS REVERSAL SIGNALS FOR 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). Plans are in progress to create an Android version of this app within the next 3-5 months, and a crypto app shortly thereafter. To learn more about the MMA app, click here. To order, go to the Apple App Store and search for Merriman Solar/Lunar Reversals.

 NOTE 7: RECORDINGS OF MMA’S SPECIAL SIX-WEEK COURSE ON “THE BASIC PRINCIPLES OF GEOCOSMIC STUDIES FOR FINANCIAL MARKET TIMING” ARE NOW AVAILABLE!!! Led by Gianni Di Poce and supported by Ray Merriman, this course is designed to teach students the basic principles of planets, signs, and aspects (including retrograde and direct stations) as used in MMA’s market-timing methodology — one of its most important tools. The course explains which planets and signs rule the various sectors of the economy and financial markets. In addition, it covers how to use an ephemeris and astrological software (Solar Fire) for important routines such as calculating charts, generating transit “hit lists,” and identifying signs, ingresses, planetary stations, and aspects — the essential cosmic features necessary for determining market-reversal periods.

The course is especially useful for those interested in taking the MMTA4 program, which began on September 27, or for anyone wishing to deepen their astrological knowledge. The cost for these six introductory lessons, each lasting about two hours, is $300. This is a great opportunity to learn basic astrology from a master economic astrologer! Click here to order now!

 NOTE 8: AVAILABLE THIS WEEK! EVOLUTIONARY ASTROLOGY: THE JOURNEY OF THE SOUL THROUGH STATES OF CONSCIOUSNESS, by Raymond Merriman and written in 1993, is being released as an audiobook narrated by Thomas Miller. The first edition, originally published in 1977, introduced this remarkable subject to the astrological community, where it has since become one of the field’s major branches. Get ready to listen to the original work on Evolutionary Astrology that brought a spiritual perspective to the study of astrology from the late 1970s through today. More information about the availability of this audiobook will be announced this week as part of the special Black Friday sale!

 EVENTS

NOVEMBER 23, 2025: OPTIONS WEBINAR WITH DEREK PANAIA, RAY MERRIMAN, AND WYATT FELLOWS — NOON EST. A new subscription service to Derek’s Options+ group will begin immediately after that webinar for those who are serious about options trading.

MAY 20-24, 2026: MMA’S NEXT INVESTMENT RETREAT, LAKE BLED, SLOVENIA. Save the date! Registration will open in December. The presentations will also be available via Zoom for those unable to attend in person. The theme will focus more on market timing and trading at this event. It’s going to be great!

 Disclaimer and Proper Use of This Information

 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.