MMA Weekly Column: March 2, 2020


The 10-year U.S. Treasury yield plunged to a fresh record low on Friday as investors dumped riskier assets and searched for safer options amid the coronavirus outbreak. The outbreak sent investors fleeing equities in favor of Treasuries, which have traditionally been a safer alternative to stocks. The Dow Jones Industrial Average and S&P 500 were headed for their biggest one-week losses since the financial crisis. Yields tumbled as the Fed signaled late Friday it might be willing to support the economy if necessary. – Yun Li and Fred Imbert, “10-Year Treasury Yield Collapses to Another Record Low Below 1.12%,”, February 28, 2020.

Here’s a thought: Maybe we in the media should spend more time talking to the experts who know something and less time quoting politicians who know almost nothing about the virus but see potential gain in exploiting a health crisis. Opinion Page, “The Coronavirus Isn’t Partisan,” Wall Street Journal, February 28, 2020.

Where do you even start this weekly column after a week like this?

I suppose you could start with gratitude for the people in life who are so supportive of your work. So, thank you to all who have sent emails, texts, phone calls, etc. commending us on the forecasts made in the Forecast 2020 Book, the Forecast 2020 Webinars and speeches, and our various subscription reports. All of these reports and talks forecasted a sharp decline was due and that would exceed the sharpest decline of 2019 (7.5%), but probably not sharper than the decline that took place October-December 2018 (19.2% in the DJIA, over 20% in the S&P), and that this decline was ideally due by March 2020. However, being correct about alerting readers to a severe decline that just happened (and may still be in process) isn’t something you can rest a reputation on. As a market analyst, you are only as good as last your call, and more important is your next call. Calling the top is one thing. Calling the bottom that follows, and the exceptional buying opportunity it will present, is equally as important and challenging. And for that reason, we will issue a special stock market update to all subscribers of all MMA reports on Monday evening, March 2, wherein we will offer our studies and their projections on when the cycle bottom is due. If you are not a subscriber to any MMA report and want to know what we are thinking, this would be a wise time to consider contacting us at or 800-662-3349, 248-626-3034, or by email at

There is an old saying that I give to all students of MMA classes: “Markets go up in steps, and they come down in elevators.” In the last week, it seemed that all the cables holding the elevator up just completely broke, as equity markets all over the world experienced record daily and weekly declines. It makes one wonder if these structures (elevators, buildings, economies, governments) were built on sand, a deck of cards, or something substantial that would last. We will soon find out, as the full moon on March 8-9 will take place with the Sun and Neptune conjunct in Pisces, and Mercury the Trickster will end this particularly treacherous retrograde cycle.

It wasn’t only the stock markets of the world that fell hard last week. So did Crude Oil, Gold, Silver, and the U.S. Dollar. What? How does Gold and Silver fall so hard along with the U.S. Dollar? Only with Mercury retrograde in Pisces. On the other hand, it was a great week for treasuries and currencies, as long-term interest rates in the U.S. fell to a new all-time low. That is more a function of the Saturn/Pluto cycle as outlined with graphs and studies provided in the Forecast 2020 Book. But not to worry. This low in interest rates won’t likely last long, per those studies.


“I just get the feeling Mercury is playing a big joke on everyone” Gianni Di Poce, MMA Cycles Analyst, in email to Ray Merriman late last week.

There is so much going on right now with geocosmic and cycle studies that it will take a few pages to adequately explain. But let’s briefly go over some of the more important geocosmic matters, for 1) this is a column whose purpose is to educate the reader on the relationship of geocosmic studies to financial and political cycles, and 2) there is a lot of incomplete and possibly misleading information on this subject that is being dispersed online. Let’s begin with one of the basic premises about astrological delineation: If a possibility shows up via conventional astrological interpretation, it might have legs. But to be on sturdy ground for a forecast, it is best to see at least three signatures that point to the same possibility. Or, if using just one factor, it would be of value if several past incidents can be shown that demonstrate a consistency between the signature and the outcome. Offering only the last instance of a particular geocosmic combination as “proof” that it will likely happen again is weak – and usually unreliable. Not to be too critical (because it is interesting), but there is too much of this type of “observation” offered online to explain what happened last week.

A good place to begin is with the most significant planetary phenomenon in effect in 2020, and that is – was – the 32-37-year Saturn/Pluto conjunction in Capricorn on January 12. Its orb can have a correlation to world condition s for up to two years. In the study of Astrology, Pluto pertains to events or conditions that threaten human life and/or systems of operation. Saturn pertains to basic structures and foundations, like buildings, governments, the world financial system, and economies. The Coronavirus and its unfolding drama is indeed such a threat, both to lives and systems of human functioning. And yes, the last two times this long-term cycle occurred also corresponded to threats to human lives, with the outbreak of Aids in the last case in the early 1980’s and polio in the mid to late 1940’s. In each case, cures were discovered, and the threat was eventually contained.

Next, we consider the Jupiter/Pluto conjunction, which will occur three times due to Jupiter’s retrograde motion in 2020. The first pass will be on April 4, 2020. The last time this conjunction unfolded was December 11, 2007, the very month that the “Great Recession” began, and just two months after the then all-time high formed in the Dow Jones Industrial Average on October 11, 2007. The all-time high in the DJIA now has occurred on February 12, a little less than 2 months before this aspect is to unfold. That’s interesting. But if you go back and study the previous 11 cases (since 1860’s), you will also find that long-term cycle lows or highs occurred within two months, and more often they were crests than troughs.

We have already provided studies of Jupiter’s transit between 10º Sagittarius and 20º Capricorn in our recent webinar as well as a recent edition of the MMA Cycles Report, demonstrating its 90+% correspondence to long-term cycle crests in U.S. stock indices. Jupiter moves into 20º Capricorn these next two weeks and will do so twice again before November This was one of the factors for our forecast of an important market top likely to be achieved by March 2020. Thus, we have three major long-term planetary cycles that either correlated historically with important tops in US equities and/or implied – via their astrological meanings – that something big (i.e. a “Black Swan”) – could happen in the world that could cause a major disruption to human activity and could be reflected in the price of world stock indices.

Now there are shorter planetary signatures that could narrow the current time as being important. But realistically, no professional astrologer would depend solely on these shorter-term geocosmic signatures to make a forecast that would describe the extreme type of market performance witnessed last week. Yet, within the context of the larger planetary cycles just described, it could one of several possibilities in timing such a market reaction to a greater human crisis. Let’s for a moment look at those shorter-term geocosmic signatures.

First, we have Mercury retrograde in Pisces, which began February 16., and will end March 9 after it retreats back for a short time into Aquarius beginning this week, March 4. Mercury retrograde itself is often a challenging time to get facts straight and collect enough information to make a correct decision. But in Pisces the challenge of getting accurate data, or enough information, is even more challenging. On top of that, when markets start building momentum to the downside, this lack of adequate data can lead to wild speculation, which in turn fuels hysteria, and that can lead to panic, especially within the context of Jupiter (exaggeration) approaching Pluto in Capricorn (fear). Not to mention, of course, that Saturn is also in Capricorn, and these are the two primary planets related to “fear” (whereas Jupiter and Sagittarius relate to “greed”).

The interesting point here is that Mercury will enter Aquarius this week, through March 16, a time that has symbolism which can support a new discovery to deal with a pressing crisis. Saturn follows with its own ingress into Aquarius (scientific discoveries) on March 21.

Another geocosmic factor that some astrologers have attributed to the force of this decline last week is the transit of Mars over the Moon’s South Node, which occurred February 24. It is true that a Mars aspect can give more “fire and fury” to whatever else is going on. But by itself, it is not enough to warrant a reliable outlook of a market decline, let alone one of this magnitude. If one looks back upon the history of this geocosmic event, the correlation is rather weak and inconsistent, although there have been a couple of instances where large selloffs did occur, such as the huge sell off in October 1987. But given that this signature happens about every 18-22 months, these are exceptions rather than rules, and require at least 2-3 other geocosmic indicators to support such a forecast. By itself, I find the Mars/Node correlation to noteworthy stock market declines to be about 20% reliable, using the last 40 cases.

Now let’s conclude with what is happening currently. Venus in Aries (a “detriment” combination) has started its square aspect to the “Capricorn Stellium.” That is, it squared Jupiter (exaggeration) on February 23. It squared Pluto on Friday, February 28. And it will end with the square to Saturn on Tuesday, March 3. One of our rules is that any market declining into a Venus/Saturn hard aspect is a candidate for a reversal (rally) within two trading days. The next day, March 4, Venus will enter its ruling sign of Taurus, where it is strong, and Mercury will retrograde back into Aquarius, where it is open to inventions and discoveries, and less vulnerable to hysteria caused from lack of information. This offers hope to the markets, in my opinion. Shortly afterwards, the full moon occurs on March 8-9, as the Sun and Neptune will conjoin one another in the sign of Pisces (there is still some confusion and disbelief). Venus will conjoin Uranus and Mercury will end its retrograde motion at the same time, March 8-9.

I think the quote by Gianni Di Poce, a very bright rising star in Financial Astrology, given at the start of this section is apt. And we will discuss that idea in greater detail with our outlook for the US (and world) stock markets in Monday evening’s special report. In the meantime, try to remain calm, seek accurate data, and avoid hysteria caused by assumptions dispersed by others. Use your own common sense.


NOTE 1: We will release a SPECIAL REPORT ON THE US STOCK MARKET this Monday evening to all active MMA monthly, weekly, and daily subscribers. In this report, we will examine all the various cycles that are converging in equity markets, and the geocosmic time bands that will help pinpoint turning points (reversals), used in combination with our charting and technical studies. This is a report not to miss! Contact us at or 800-662-3349, 248-626-3034, or by email at for information on subscribing, even if doing a trial subscription..

NOTE 2: The ICR (International Cycles Reports) were released this week, February 25-26. The ICR Financials includes analysis on 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). The ICR Commodities Report includes analysis on LC (Live Cattle), MJ (Cannabis), XAU (Gold and Silver), KT (Coffee), KA (Sugar), C (Corn), and W (Wheat). These reports are written by MMA Analyst and editor Mark Shyterman (metals, stock indices, and soft commodities), MMA Analyst Raymond Merriman (China markets), MMA Analyst Ulric Aspegren (Currencies), Isabella Suleymanov (Grains), and Ken Liao (Hang Seng) and Gianni Di Poce (Australian ASX and Dollar, and Live Cattle).

NOTE 3: LEARN ABOUT FUTURES TRADING USING MMA METHODS! We are hosting a three-part webinar course over a 4-week period, 2 hours each class. These will take place on Wednesdays, starting March 11, at 7 PM EST. The objective of this 3-class webinar would be to instruct attendees about trading futures, or ETFs that reflect futures’ prices, as given in each MMA subscription report. Ray Merriman will be the instructor. The class would be structured with the first hour of introduction and review of the current markets and trading opportunities that are setting up, especially during the important March 20-April 7 critical reversal zone. The second half of each 2-hour class will be Q&A. The cost for these three classes would be $295. If you are interested, please visit Trading with MMA Market Timing Methods. Attendance would be limited to 30 people. As of Friday, February 28, there were seven spots still open. If you can’t make the live presentation, video recordings of each class will be available one day later for those who sign up only.

For a closer look at this course and an interesting Q&A interview with Ray Merriman on these three classes, please visit our latest Article now live on our website.

NOTE 4: The MMA Forecast 2020 Webinar recording is now available! It is still valuable! This once-a-year broadcast showed the odds for a potential stock market crash in 2020-2023 and discussed what to do about it to protect one’s portfolio. This 2+ hour webinar discussed the geocosmic importance of Saturn conjunct Pluto that took place January 12, which is very evident in today’s news (impeachment, assassinations, sports scandals, record high in stock prices, rallies in metals, etc.). It discussed the forthcoming Jupiter/Saturn conjunction on the Winter Solstice 2020, right after the U.S. election, and its historical correlation to economic and market cycles. Updates were provided on financial markets since the book was written in November 2019, including the U.S. and German stock market (DAX), Gold and Silver, Crude Oil, Bitcoin, and currencies. The stock markets and Gold were given most attention. Cost of the recording is $55.00 and includes the slides of the presentation plus instant access to the video recording of the event.


March 11, 25, and April 1: LEARN ABOUT FUTURES TRADING USING MMA METHODS! See Announcement above.

September 9-14, 2020: The ISAR 2020 Conference in Colorado on “Reimagining the Future.” The largest and most exciting international astrological conference taking place in 2020. With a faculty of over 100 of the world’s top astrologers from 25 different countries, and very dynamic tracks on Financial Astrology, Mundane and Political Astrology, and other topics, this is an event you will not want to miss. On Wednesday, September 9, Ray Merriman will be conducting a 4-hour workshop on “Astrology and the Art of Financial Market Timing: How to Forecast Market Trends and Market Reversals.” This course will provide research studies showing the correlation of astrological factors to short- and longer-term financial market timing in stock markets, precious metals, and Bitcoin. It is the only workshop Ray plans to conduct in 2020.

Saturday, September 12, 2020: Raymond Merriman will be presenting a lecture on “The Times, They Are a Changin’ – The Political, Economic, and Monetary Revolution.” It’s not just the convergence of the 20-, 200-, and 800-year long-term Jupiter/Saturn cycles. It is also Saturn in Aquarius, squaring its ruler, Uranus, in Taurus. The convergence of the Jupiter/Saturn cycle in air sign Aquarius symbolizes the dawn of a new socio-economic-political era; the waning Saturn/Uranus square, the demise of an older order. What does this bode for financial markets of the world, and what can you do? We will discuss that in this lecture.

Sign up by April 19 and receive a pre-registration special discount price for the Main ISAR 2020 Conference. A discount for pre- and post-conference workshops is also in effect until April 19. To register or see more information on this spectacular event, go to go to and be prepared to be amazed!


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.