MMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING OCTOBER 27, 2025

REVIEW

 President Donald Trump announced he’s ending “all trade negotiations” with Canada because of a television ad opposing U.S. tariffs that he said misstated the facts and was aimed at influencing U.S. court decisions. The post on Trump’s social media site came Thursday night after Canadian Prime Minister Mark Carney said he aims to double his country’s exports to countries outside the U.S. because of the threat posed by Trump’s tariffs.

—Will Weissert, “Trump Says He’s Ending Trade Talks With Canada Over TV Ads,” Associated Press, October 24, 2025, www.apnews.com.

Analysts said the impact of blacklisting Russia’s biggest oil producers—Rosneft and Lukoil—would hinge on three things: how well they are enforced, the reaction of major markets in India and China, and whether Moscow can circumvent the measures as it has up to now. The new sanctions bring Washington and Europe into alignment in their pressure on Moscow for the first time since the start of the Trump administration.

—George Kantchev and Laurence Norman, “U.S. Oil Sanctions Strike at Russia’s Economic Lifeline,” Wall Street Journal, October 23, 2025.

It was a positive New Moon week for most global stock indices, with several ending the week at new all-time highs.

In Asia and the Pacific Rim, record highs were notched in the Australian ASX, India’s NIFTY, and Japan’s Nikkei indices. China’s Shanghai stock exchange composite (SSE) soared to its highest level in 10 years. The Hang Seng of Hong Kong was up as well, but still shy of its all-time high made on October 2. As well as the U.S. stock markets are doing, they are being outperformed by several in Asia now.

In Europe, the Netherlands AEX and London FTSE made new all-time highs on Friday, October 24. Both Germany’s DAX and Zurich’s SMI indices were only modestly higher, with neither posting new highs.

The DJIA, NASDAQ, and S&P all soared to record levels on Friday as well. Brazil’s Bovespa came close. But overall, the world shrugged off renewed tariff threats, escalating tensions between the U.S. and Russia, and a lingering government shutdown in the U.S. to march to new all-time highs.

In other markets, Gold and Silver did not fare so well last week. Although Gold did attain a new all-time peak at $4,398 on Monday, October 20, it fell to $4,021 just two days later, a loss of nearly $400, coming close to our call for a $400-700 decline due by the end of the year. Was that it, so quickly? Possible, but not likely. Silver recorded its all-time high the week before, on October 17, when it skyrocketed to 5377. By Wednesday, October 22, it had plummeted all the way back to 4682, a drop of nearly 13%. Bitcoin and Ethereum held steady last week after their multi-month lows the prior week. But Crude Oil garnered most of the headlines as it tested the $55.00 level, near its low of the past five years. However, when President Trump announced his plan to sanction Russia’s two top oil companies late last week, Crude Oil reversed sharply and rallied to a high of 62.59 on Friday, an upside gain of nearly 12%.

SHORT-TERM GEOCOSMICS

 Annual inflation heated up slightly in September, but not as much as economists expected, giving the Federal Reserve a clear path for widely expected rate cuts heading into their remaining meetings this year. 

Consumer prices rose 3% from a year earlier, the Labor Department said Friday, slightly hotter than August’s increase of 2.9% and the fastest pace since January.

—Konrad Putzier and Harriet Torry, “Inflation Edges Up, But Less Than Expected, to 3% Rate,” The Wall Street Journal, October 24, 2025, www.wsj.com,

All eyes in the coming week will be on the U.S. Federal Reserve, which is widely expected to cut interest rates even as the U.S. government shutdown continues. The U.S. Federal Reserve is expected to cut interest rates by 25 basis points, lowering the Fed Funds rate to 3.75-4.00%.

—Dow Jones Newswire staff, “Week Ahead for FX, Bonds: Fed Expected to Cut Rates; U.S.-China Talks Eyed,” The Wall Street Journal, October 24, 2025, www.wsj.com.

We ended the New Moon in Scorpio week with the Sun square Pluto. This combination usually foreshadows things like a debt crisis or a government shutdown, where public service employees don’t get paid. In this current case in the U.S., several have even been fired.

Correction: The New Moon occurred at 28° 48′ Libra—right on the cusp—as the Sun was about to enter Scorpio (around 11:21 UTC on October 22). It marks the transition between Libra’s focus on balance and partnership, ushering in the deeper currents of Scorpio’s power and control.

Yet stock markets continue to rally. This may be associated with transiting Mars, co-ruler of Scorpio and currently transiting through Scorpio, which is a waxing trine (harmonious) aspect to Jupiter, the planet of optimism and hope. In fact, Mars is making a water grand trine that also brings into play Saturn and Neptune in Pisces. This may also be connected to the big reversal in Crude Oil prices last week, as both Jupiter and Neptune, plus the sign of Pisces, have rulership over Crude Oil. Unfortunately, U.S. government leaders are not meeting to end the shutdown at a time when this grand water trine suggests they could come to an agreement and end it. Pluto and Scorpio are adept at ending things like this. They’re also quite proficient at applying maximum pressure to force others to back down and compromise, as in the case of President Trump’s new pressures being put on Russia to end its brutal campaign against Ukraine.

These policies and decisions (or lack thereof) are – and will continue – affecting financial markets. Another factor affecting market prices is the slow return to rising inflation levels. They are creeping back up, and with the Fed set to lower its benchmark rate even lower this next week, plus renewed increases in the president’s tariff-as-weapons obsession. There is no sign of any attempt to counteract this newly rising trend. Saturn and Neptune retrograding back into Pisces may also be an inflationary correlation.

The following week presents greater geocosmic challenges in these market trends. On November 2, Venus will square Jupiter, followed by its square to Pluto on November 8. This is where credit (Venus) crunches with debt (Pluto), and reactions can get exaggerated (Jupiter). It may be difficult to come to a compromise in the government shutdown during that period, for Mercury turns retrograde the next day, November 9, which is usually not the best of times to sign an agreement because everything is not tidily wrapped up and ready for an informed decision to be made.

On top of that, Mars will be in a pressure-packed square with Uranus on November 4 as it leaves Scorpio and enters Sagittarius, just a couple of days before Uranus retrogrades out of Gemini and back into the financial sign of Taurus. There is a lot of unfinished business to take care of, but nobody is offering a clean slate that all parties can support. There just isn’t enough budging yet, with enough assurances demanded by all parties, to make everyone satisfied. The tension is likely to be mounting, and financial markets may react strongly, especially since the Mars/Uranus square is an indicator of TUMDI–the Trump Uranus Market Disruption Indicator. He has already exhibited many of the characteristics lately that would normally cause a sudden market selloff. But so far, the stock markets have been largely positive. It might be different in the first ten days of November as an unexpected event, threat, or not-so-subtle change in policy is announced.

Traders should expect the unexpected, then, accompanied by a sudden shift in trend in several markets. In terms of world hot spots, Mars in Sagittarius and Capricorn (November 4-January 23) often puts the spotlight on heightened conflicts in the Middle East around Israel. Natural calamities like earthquakes, high winds, and fires also cannot be ruled out. On a positive note, this combination can lead to inspiration and intellectual or scientific breakthroughs. But it would be wise to avoid dangerous situations and crazy people when possible. Tempers tend to run very hot, and irrational behavior may explode. Logic won’t work. Running fast will!

ANNOUNCEMENTS

 NOTE 1: LAST WEEK TO GET OUR BEST SAVINGS OF THE YEAR ON FORECAST 2026 AND SUBSCRIPTION REPORTS!!! The ANNUAL MMA FORECAST 2026 PRE-PUBLICATION SALE is now underway through November 1 and features our once-a-year discounts on both the annual Forecast Book and MMA subscription reports. Become a subscriber today for as little as $35 to secure the best price available. Or sign up for the pre-publication special offer on Forecast 2026 and receive a coupon to order any MMA subscription report for a 10% discount on subscription reports. Check out this video to learn how to lock in the lowest price on Forecast 2026 by becoming a subscriber this month! This special once-a-year offer ends next weekend.~251027

During this pre-order period, the Forecast 2026 print edition is available at the discounted price of $55, and the eBook version at $45. After the pre-publication period ends on November 1, the retail price of the Forecast 2026 print edition will increase to $66, and the eBook to $55. Subscription reports will also return to their regular prices at the end of the day on November 1. Order now and save big bucks!

MMA is also offering a special bundle discount for those who wish to order both the eBook and printed editions of Forecast 2026 for $75. 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. However, many readers prefer the print edition, so ordering both through the Forecast 2026 Bundle makes sense. You will receive the Forecast 2026 eBook on December 15, and your print copy will be mailed in mid-December.

MMA’s annual Forecast Book is a cycles- and astrology-themed almanac that has served students of cycles and markets since 1976. This will be the Golden 50th-Year Edition! Autographed copies of the printed edition are available for the first 50 requests at $195, which also includes the audiobook and eBook versions — both of which will be received slightly earlier than the print edition.

The annual Forecast Book provides a cyclical outlook on collective world psychology, the national economy, geopolitical developments, sociocultural trends, and the timing of potential weather and natural disasters — as well as financial market projections for the U.S. stock market, U.S. Treasury market, interest rates, Gold, Silver, currencies (the Euro, U.S. Dollar, and Japanese Yen), Bitcoin, Crude Oil, and Grain markets (Corn, Wheat, and Soybeans). A scorecard of the 2025 forecasts was posted on the MMA website on October 1. Of note, all eight critical reversal dates (CRDs) for the U.S. stock market and all nine CRDs for the Soybean market were accurate within three trading days — most within just one day!

The print edition of the book is approximately 225 pages, 8.5″ × 11″, including several charts, and has set the standard for all astrological almanacs over the past 50 years.

I ordered the Forecast 2026 book — this time in print — as I would like to have this 50th edition as a souvenir to remind me of the great insights I’ve received since reading your analysis and, more importantly for me, your view on life. — R.D., Netherlands

To pre-order this year’s 50th-Year Edition, click here. It’s special!

NOTE 2: THE MMA WEEKLY AND DAILY SUBSCRIPTION REPORTS ARE HOT! They have caught most of the moves up in Gold since October 6, 2023, and have been long the stock indices since May 2025. The calls on the Euro and BTC over the past year have also been excellent, not to mention Soybeans, Copper, Dollar/Yen, Swiss Franc, and T-Notes. With our annual sale on these reports ending October 31, this would be a good time to subscribe to or renew these reports. With the daily report, which also includes the full weekly reports, you will save over $1000 on a one-year subscription! To order, click here.

 NOTE 3: THE OCTOBER ISSUE OF THE MMA MONTHLY CYCLES REPORT PLUS+, EDITED BY POUYAN ZOLFAGHARNIA, WILL BE RELEASED THIS WEEK. 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 are 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 October 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: THE MMA MONTHLY GRAIN REPORT BY WYATT FELLOWS WILL BE ISSUED THIS WEDNESDAY, OCTOBER 29. Wyatt’s analysis has been very accurate, and his writing style is very clear. If you are a trader of grains (Corn, Wheat, and Soybeans) or a producer, this is a wonderful report to read every month, especially now that the very important long-term cycle of Saturn and Neptune is in effect 2025-2026, correlating with a large move in grain prices historically. To order a copy of this excellent report, please 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 process to create an Android version of this app within the next 3-5 months, and also a crypto app shortly after. 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: 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.

NOTE 9: MMA’S FREE WEEKLY COLUMN PODCAST IS AVAILABLE ON SPOTIFY, APPLE, AND AMAZON! Now you can listen to a podcast of this weekly column 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 podcast 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 10: COMING SOON! EVOLUTIONARY ASTROLOGY: THE JOURNEY OF THE SOUL THROUGH STATES OF CONSCIOUSNESS, by Raymond Merriman, 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 in about two weeks.

 EVENTS

NOVEMBER 23, 2025: OPTIONS WEBINAR WITH DEREK PANAIA AND GUESTS, NOON EST. Stay tuned for details coming in mid-October. For now, save the date! A new subscription service to Derek’s “Options Plus” group will begin immediately after that webinar for those who are serious about options trading.

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.