MMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING AUGUST 23, 2021 ©

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“Market narrative may thus turn more cautious, as concerns about peaking growth rates, delta variant and policy mistakes may prove headwinds, at a time when seasonality and technicals are unfavorable.” – Barclays equity strategists, “Dow Rebounds 200 Points But Closes out a Losing Week,” www.cnbc.com, August 20, 2021.

A magnitude 7.2 earthquake violently shook Haiti on Saturday morning, a devastating blow to an impoverished country reeling from a presidential assassination last month and still recovering from a disastrous quake more than 11 years ago. “Strong Earthquake Rocks Haiti, Killing Hundreds,” New York Times, August 18, 2021.

August 110 finds the Sun in Leo forming a T-square now to the Saturn/Uranus square, forming yet another fixed T-square. This implies more disturbances, unexpected events and disruptions, and possible difficulties caused by inclement weather (hurricanes, tornadoes, high winds, earthquakes, electrical failures, disruptions in the internet, and terrorist activities). Yet another round of unexpected events and disruptions follow when Uranus turns retrograde on August 19 (ET), followed by the Sun/Jupiter opposition the next day, August 20. Within a week of this period, Mother Nature may hemorrhage, as these are very powerful reversal signatures for global stock markets. – Raymond Merriman, Forecast 2021, page 160.

It was a typical Uranus atypical week for financial markets and global geopolitical miscues. Continue reading…

MMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING AUGUST 16, 2021 ©

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There has been a US consumer goods demand surge, as consumers have spent the savings they acquired against their will. Once those savings have gone, US consumers’ demand will be based off incomes, plus whatever credit they can get. But the real spending power of US income is now falling, as headline inflation exceeds income growth. This limits the power of future demand to push up prices indefinitely. Dr. Paul Donovan, “Time For An Inflation Fantasy,” UBS Morning Audio Comment, www.ubs.com/pauldonovan,  August 13, 2021. 

Global stocks indices are now making their move up into the spectacular full Moon-conjunct-Jupiter that takes place next weekend, August 20-21. Let’s see what happens after that Jupiterian euphoria, which will also take place with the over-excitable Uranus turning retrograde. Continue reading…

MMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING AUGUST 9, 2021 ©

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Nonfarm payrolls increased by 943,000 for the month while the unemployment rate dropped to 5.4%, according to the department’s Bureau of Labor Statistics. The payroll increase was the best since August 2020. Economists surveyed by Dow Jones had been looking for 845,000 new jobs and a headline jobless rate of 5.7%. However, estimates were diverse amid conflicting headwinds and tailwinds for the jobs market and an uncertain path ahead for the economy. Jeff Cox, “Payrolls Increase 943,000 in July as Unemployment Rate Slides to 5.4%,” www.cnbc.com, August 6, 2021.

And on that news, Gold and Silver, along with currencies, got crushed. The strong jobs report implies that inflation is a threat and the Fed will have to start tapering or raising rates to prevent an overheated economy. The specter of higher rates also raises the value of the U.S. Dollar, which is nearing its high for this year after ending a 2-week pullback. This is consistent with the political cycle as show in our Forecast books, where the US Dollar goes up under a Democrat presidency and down under a Republican White House. Gold fell over $70 and Silver nearly $2.00, following from Wednesday’s new cycle high in Gold. The report was not good news for commodities and currencies vis-à-vis the US Dollar.

But it was good news for equities, especially since the Fed has not announced that it is thinking about reducing its accommodative monetary policies any time this year.  Several world stock indices recorded a new all-time high slate last week, including the DJIA, S&P, NASDAQ, plus the AEX and SMI in Europe, the ASX in Australia, and India’s NIFTY Index. Continue reading…

MMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING AUGUST 2, 2021 ©

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The U.S. economy rose at a disappointing rate in the second quarter, the Commerce Department reported Thursday in a sign that the U.S. has escaped the shackles of the Covid-19 pandemic but still has more work to do. Gross domestic product, a measure of all goods and services produced during the April-to-June period, accelerated 6.5% on an annualized basis. That was slightly better than the 6.3% gain in the first quarter, which was revised down narrowly.– Jeff Cox, “U.S. GDP rose 6.5% last quarter, well below expectations,” www.cnbc.com, July 29, 2021.

It was another week of global divergences unfolding under the non-conventional and non-conforming character of Saturn square Uranus. Some world stock indices soared to new all-time highs last week while others crashed support, falling to multi-month lows. It’s not a level playing field, and that is probably just fine with Uranus, which gravitates towards the chaotic, but disturbing to Saturn, which prefers controls and predictability, and for everything to be in alignment. The latter is more rigid, and the former strays from “normal.” And all of the earth and its regions are not presently in alignment or agreement. There is a sense that things are going astray. Continue reading…

MMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING JULY 26, 2021 ©

NOTE: I am on vacation this week, enjoying the beautiful seacoast of Croatia and Dubrovnik in particular. What a stunning and surprising part of the world! The pleasure of this vacation has been tempered considerably with the news of the devastating floods near Cologne, which is where we were just before leaving for Dubrovnik. Yet I am very moved by how many of our friends and relatives are volunteering to help the rescue effort of those who are suffering from loss of home and loved ones as a result of this natural disaster.

As a result of my week off, I have no column to present this week. However, with the Forecast 2022 pre-order season coming up in August, we share with you the “Scorecard” from Forecast 2021 as it stands so far this year. Forecast 2021 may have been the most accurate of all the Forecast Books written so far (40 years). Our research, and that of our MMTA students, continues adding to the great body of knowledge in the study of market cycles and their correlation with planetary cycles.

FORECAST 2021 (SCORECARD AS OF JULY 21, 2021

Every year gets better and better with our forecasts. Although 2021 is not yet over, several forecasts made in the 2021 book have already unfolded. We will list a few of the forecasts below as of July 21. Keep in mind these forecasts were written in October-November 2020, and published December 2020, well before 2021 got underway.  Continue reading…

MMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING JULY 19, 2021 ©

NOTE: I will be on vacation next week, so there will be no weekly column issued for July 26. We will likely post a chapter from the Forecast 2021 book. 

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Congress is barreling toward a summer battle over spending levels as Democrats rush to craft a pair of spending bills while simultaneously addressing the debt ceiling to keep the U.S. from defaulting on its financial obligations… While testifying before Congress, Treasury Secretary Janet Yellen urged lawmakers to address the looming debt ceiling. “Defaulting on the national debt should be regarded as unthinkable. Failing to increase the debt limit would have absolutely catastrophic economic consequences,” Yellen said. – Megan Henney, “What Is the Debt Ceiling?” www.foxbusiness.com, July 13, 2021.

Except that the U.S. came very close to doing just that (Janet Yellen quote above) in 2010, which led to the first downgrade of the U.S. credit rating in history. That just happened to be in the previous quarter cycle phase of the 45-year Saturn/Uranus cycle. The quarter cycle happens about every 11.25 years. Here we are again, February 17-December 24, 2021. The quarter cycle before that was interesting too. It was in 1999-2000, coincident with an all-time high in the U.S. stock market that was followed by the dot-com bubble burst and another serious  recession. Continue reading…

MMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING JULY 12, 2021 ©

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The Mars/Venus T-square to Saturn and Uranus coincided with a wild ride last week, as expected. Global equity markets got whacked until Friday’s recovery in the U.S. wiped all of its losses in just one day and ended up making a new cycle high. With Uranus, the keywords for financial markets are erratic, disruptive, sudden, and unexpected. Uranus is the higher octave of Mercury, and like the Trickster, its momentum can change abruptly. The major difference is that with Uranus, the price swings are usually much steeper than those exhibited under Mercury retrograde. Mercury might fall off a hill. Uranus falls off a cliff. Mercury might land on a trampoline and bounce halfway back up. Uranus will be more like a bungee cord that falls harder and then bounces all the way back up – and more. Mercury might be miscommunication and misunderstanding. Uranus is more of a revolt and revolution. Continue reading…

MMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING JULY 5, 2021 ©

NOTE: Financial markets are closed in the U.S. on Monday, July 5, in observance of the Independence Day holiday. 

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Nonfarm payrolls increased 850,000 for the month, compared to the Dow Jones estimate of 706,000 and better than the upwardly revised 583,000 in May. The unemployment rate, however, rose to 5.9% against the 5.6% expectation. The jobless rate increase came even though the labor force participation rate was unchanged at 61.6%. A separate figure that accounts for discouraged workers and those holding part-time jobs for economic reasons fell sharply to 9.8%, with the 0.4 percentage point decline putting the so-called real unemployment rate below 10% for the first time since March 2020. Jeff Cox, “U.S. Adds 850,000 Jobs in June, Better than Expected,” www.cnbc.com, July 2, 2021.

This week should be a strong test for the U.S. and other global stock indices that have been rising. Of most importance is the transit of Mars in Leo, in opposition to Saturn in Aquarius and square to Uranus in Taurus. The first signature occurred late last week, on July 1. It has a whopping 82% historical correlation to primary cycle (crests or troughs) within 11 trading days. The Mars/Uranus square will occur July 4 and also has a powerful 76% correlation to primary cycles within 9 trading days. With Uranus, you often get sudden, unforeseen, reversals. With Saturn, there is usually an overabundance of stress and frustration. Mars is a fast-moving planet that packs a powerful punch to any event or attitude that is willing to act aggressively. In market-speak, this translates into days of high volume activity. Price are vulnerable to large swings in short periods of time. Often an event occurs, or an unexpected announcement is made that could drive traders to take aggressive action. Continue reading…

MMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING JUNE 28, 2021 ©

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The May personal consumption expenditures price index, an important inflation gauge for policymakers, rose 3.4% from a year ago, in line with Wall Street estimates. That was the biggest increase since 1992 and reflective of ongoing price pressures. – Jeff Cox, “Key Inflation Indicator Posts Biggest Year-Over-Year Gain in Nearly Three Decades,” June 25, 2021, www.cnbc.com.

It was the week of three planetary stations. That’s a big deal in Financial Astrology’s role as a market timing tool. Continue reading…

MMA FREE WEEKLY COLUMN FOR THE WEEK BEGINNING JUNE 21, 2021 ©

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Stocks fell on Friday, with the Dow Jones Industrial Average posting its worst weekly loss since October, as traders worried the Federal Reserve could start raising rates sooner than expected…. the Fed on Wednesday added two rate hikes to its 2023 forecast and increased its inflation projection for the year, putting pressure on stock prices. – Yun Li and Tamaya Macheel, “Dow Falls More Than 500 Points to Close Out Its Worst Week Since October,” www.cnbc.com, June 18, 2021.

It feels like something just shifted. It wouldn’t be surprising given that we just finished the second passage of Saturn square Uranus, which is symbolic of a giant shift. Did the earth just wobble?

With the Fed’s surprise announcement last Wednesday, June 16, and the resultant decline in many financial and commodity markets, it is very tempting to think an important high is in with stocks. It fits well with the study of cycles, where the time band for a 16-month cycle low is in effect for many global stock indices. It also fits very well with geocosmic studies, as last week witnessed the second passage of the Saturn/Uranus waning square on June 14. A number of stock indices put in new all-time highs around that geocosmic event last week, only to see much of their gains wiped out by Friday’s close. We are finally seeing the volatility suggested by the Saturn/Uranus square. Continue reading…