Note: The USA will be celebrating it Independence Day this week on Thursday, July 4. Markets will be closed July 4, and only open until 1 PM July 3.
REVIEW AND PREVIEW:
If Wall Street strategists are to be believed, though, the summit may not amount to much. While most agree that a cease-fire is the more likely outcome, at issue is whether Trump will delay imposing more tariffs. – Michael Bloom, “Here’s What Every Major Wall Street Bank Believes Will Happen at the Trump-Xi Trade Meeting,” https://www.cnbc.com, June 28, 2019.
“President Trump is my friend and I am convinced he is also not interested in this (breaking off trade talks)” On Wednesday, President Xi Jinping had already described Russian President Vladimir Putin as his “best friend.” David Reid and Holly Ellyatt, “President Xi Calls Trump His Friend and Says U.S. Won’t Disconnect With China,” June 7, 2019, https://www.cnbc.com.
Investors soaked up U.S. stocks during the month giving the Dow Jones Industrial Average its best June in 81 years while the S&P notched its best in 64 years. – Suzanne O’Halloran, “Dow Celebrates Best June in 81 Years, S&P Best in 64 Years,” https://www.foxbusiness.com, June 28, 2019.
The powerful June 9-24 geocosmic time band, featuring a slew of aspects involving the second passage of the Jupiter/Neptune waning square (June 16) has ended. The final barrage involved Neptune turning retrograde on June 21, followed by the transit of Venus making a mutable T-square to Jupiter and Neptune on June 23-24. By that time, most of the world’s major stock indices had completed the first leg up of their powerful rallies that started June 3-4. Last week, then, was a pause.
In market charting terminology, last week was known as an “inside week” for most stock indices, which means prices traded the entire week below their highs of the prior week, and also above their lows of the prior week. When markets pause, it usually means investors are waiting for something big to happen. That “something big” is the highly anticipated trade talks between President Xi Jinping of China and President Donald Trump of the United States, scheduled to take place this weekend at the G-20 summit in Osaka, Japan. With the Moon exalted in Taurus, they might be able to come to an acceptable plan to resume talks again. Equity markets would probably like that, especially as it is relatively early in the cycles that began in early June (young cycles are usually bullish). But then again, Taurus is a stubborn animal, so if either side expects the other to change their position, or if one side presses demands on the other that are perceived to be unreasonable and unbalanced, there could be frustration and no progress. In that case, a sharp decline could open up next week’s trading. Thus, this week presents an opportunity for the leaders of these two nations to advance the world economy and stock markets forward.
Last week may have been quiet in equity markets, but that was not the case in commodities. Gold soared to 1442.90 on June 25, its highest mark since May 2013. Silver was not so strong, failing to even take out the high of the prior week, which itself was still below the low of March. Crude Oil tested $60/barrel, when just two weeks ago it was testing $50. The most exciting market, however, was Bitcoin. It exploded to a new yearly high of $13,895 on June 26. The next day, it had fallen back to 10,265, a decline of over 25% in one day. One day later, on Friday, June 28, it was trading back above $12,000. From its low of 3134 on December 14, 2018, it has already appreciated over four-fold. In the Forecast 2019 Book, written in November 2018, the price of Bitcoin was forecasted to increase 4-8 times in the following 2-5 years. This forecast was based on two factors: first, Uranus in Taurus; second, after a market falls 77-93%, it is due for a powerful rally once Uranus enters the sign that rules that sector. There is a third point: once the rally ends with Uranus in Taurus, it will be due for another 77-93% decline before it leaves the sign of the bull. Bitcoin is going to find the road ahead difficult to be accepted as a real currency until Uranus leaves Taurus (2025). People want their currency of exchange to have stability.
SHORT-TERM GEOCOSMICS AND LONGER-TERM THOUGHTS
President Hassan Rouhani denounced new U.S. sanctions targeting (Iranian leaders), calling them “outrageous and stupid,” and saying the move closed the door on diplomacy and threatened global stability. In return, Mr. Trump threatened a heavy military response in the event of an Iranian attack. Rebecca Ballhaus and Sune Engel Rasmussen, “U.S., Iran Trade Barbs as Tensions Escalate,” Wall Street Journal, June 26, 2019.
June 9-24: Religious leaders who are hostile, boastful, or fanatical may take a heavy hit from the media now. This could involve a new level of dispute between the U.S.A. and Iran. If taken too far, it could result in a militarily aggressive action. The Forecast 2019 Book.
“We were cocked & loaded to retaliate last night on 3 different sights when I asked, how many will die. 150 people, sir, was the answer from a General. 10 minutes before the strike I stopped it” – Donald J. Trump @realDonaldTrump, twitter tweet, June 21, 2019.
There are no major geocosmic aspects this week. However, there are three planetary sign changes, known as ingresses, and a solar eclipse. The most important of these, in my opinion, is the ingress of heliocentric Mercury into Sagittarius, July 1-12. This is the only heliocentric transit of a sign that I watch closely, because over the years, I have observed – and reported actual quantitative studies – on its correlation to strong price movements in financial markets, especially metals and currencies. It may be especially important this week as Gold has broken out to a new six-year high, which led to our special report and update on the long-term cycles in Gold, issued in this past week’s MMA Cycles Report (one-issue trial subscriptions are available for those who wish to view this special report). Heliocentric Mercury in Sagittarius, combined with the recent passage of Jupiter square Neptune, can also correlate with exaggerations and promises made, but not necessarily kept. It would be wise for everyone to make sure their facts are correct, and not blatant exaggerations that can lead to embarrassment or distrust.
Mars entering Leo (July 1-August 18) promises to be more fun. Both Mars and Leo are fiery, prone to bold action and confidence. Mr. Trump, for instance, was born with this combination, as it is the most common planet-sign combination in the charts of presidents of the United States, per the studies of astrological author Michael O’Reilly. No one can doubt that Mr. Trump is bold and confident either.
Two days later, Venus will enter the patriotic sign of Cancer. Sandwiched between those two dates (July 1 and 3) is the solar eclipse in Cancer, again a parotitic combination. Cancer has a love for home, family, and country. One might anticipate a huge national celebration in the USA this week, perhaps led by Mr. Trump, as it is the July 4th Independence Day holiday. With all this patriotism, exaggeration, boldness, and desire for a large party/celebration indicated by the cosmos, it can be a very good time to meet people, but try to stay clear of disputes, arguments, and fights.
This theme of confidence and aggression/assertion may continue well into August and even September. We note that the Sun is approaching its 2-year conjunction with Mars on September 2, the next holiday (Labor Day) in the USA. The Sun/Mars conjunction is one of the strongest geocosmic signatures to an 8% or greater reversal in the U.S. stock market, given an orb of 8 degrees. That time band starts in August.
No one should be bored this summer. It’s going to a load of fun. It may also contain more than the usual dose of bravado by bad or wannabe actors. Just smile and walk on. Enjoy the entertainment. Just don’t get caught up in the circus, unless you know how to swing from a flying trapeze or ride the back of lion. If not, you must learn quickly to keep up, have an adventure, or go home to where the heart is. You have choices this season, and many are good.
NOTE 1: The MMA Monthly Cycles Report and the Special Long-Term Update on Gold Cycles, was issued this week to all subscribers of that report. In addition to Gold, this report contained our future outlook for U.S. stock indices (DJIA and S&P futures), Silver, Treasuries, Euro Currency, Crude Oil and Soybeans, plus MMA’s original geocosmic critical reversal dates (CRDs) and Solar/Lunar reversal dates over the next several weeks for DJIA, Gold, and Silver. If you are not a subscriber to the monthly MMA Cycles Reports and wish a copy of this month’s outlook for financial markets and special report on Gold, consider taking out a subscription NOW. Please visit Shop > Subscriptions Services for more information. We now offer 1-month trial subscriptions on the new website.
NOTE 2: The new International Cycles Reports from MMA are coming out this week!!! MMA is now expanding its International Cycles Report (ICR) into two reports… ICR Financials and ICR Commodities. Each report will cover 7 markets. This will be the first report of each new market letter.
Cost: $325/ Year
Markets Covered: ASX (Australian Stock Index), RUT (Russell 2000), SSE (Chinese Shanghai Stock Composite), HSI (Hang Seng Index), AUD (Australian Dollar), DXY (US Dollar), and GBP (British Pound)
First Release Date: Tuesday July 2, 2019
Cost: $325/ Year
Markets Covered: LC (Live Cattle), MJ (Cannabis), XAU (Gold and Silver), KT (Coffee), KA (Sugar), C (Corn), and W (Wheat)
First Release Date: Wednesday July 3, 2019
If you sign up for either ICR Report by June 30th, you will also receive – at no additional cost – the May issue of our current ICR Report, which contains our initial analysis of Coffee, Corn, Wheat, and Sugar. As a final BONUS, we will send you both the ICR Financials Report and the ICR Commodities Report in July so that you can see and experience both of our new reports. That’s TWO reports – at no additional cost – just for trying our new report.
SAVE 20% NOW! If you wish to sign up for both the ICR Financial Report and ICR Commodities Report, we are offering 20% off the yearly rate for both, valid until July 1. Instead of $650 for both reports, your cost will be $520 – a savings of $130! Use code ICR at check out to receive the discount.
NOTE 3: THE MMA CYCLES 2020 VISION WEBINAR SERIES is over, but the MP4 recordings are now available. This live 2-hour webinar, “RE-FOCUS YOUR INVESTMENT STRATEGIES: ALL CYCLES LEAD TO 2020” was led by MMA Analyst Kat Powell. It featured an in-depth look at longer-term cycles, trend patterns, and price targets for Silver and Soybeans, with additional insights provided on the U.S. stock market and Federal Reserve Board chart. Cost for the MP4 recording is $45.00 and includes PDF charts. Order now while it is fresh!
NOTE 4: The new MMA website is up! It looks great and works even better. Our website address will remain the same. However, if ordering any products or services, you will need to establish a new username and password with the new site. Please visit our new website and register on the right side of the page with your email address and create a password. Once you have registered, you will receive a confirmation email with a special coupon code for a future purchase as a thank you for creating your account with us!
“Your new website is gorgeous — and it’s wonderful — just how your website should look!” – Diane Western, the most talented instructional graphics designer that we know of. If you have seen the Forecast webinars, with the stunning power point slides, then you have seen an example of her work.
NOTE 5: MMA’s Daily and Weekly subscription reports are the best way to keep up with rapidly changing markets! 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. The Weekly reports give an 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, Swiss Franc, T-Notes, Soybeans, Crude Oil, Gold and Silver, and Bitcoin. The Daily reports cover all stock indices listed above, as well as the Euro Currency, Japanese Yen, Bitcoin, 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 and shorter-term aggressive traders. Subscription to the Daily report also includes the Weekly report.
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 to educate the reader on the relationship between astrological factors and collective human activities as they are happening. 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 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 may affect human activity in the times to come. The author (Merriman) will do this from a perspective of a cycles’ 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 the psychological dynamics that underlie (or coincide with) the news events and hence potentially affect 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.