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The best market timing for Silver

MMA COMMENTS FOR THE WEEK BEGINNING
May 1- 2023
Raymond A. Merriman©

Financial Market Analyst & Market Timer.

This year's printed version of Forecast 2024 will also be available in these other languages, as follows :

ChineseChinese        Dutch        Deutsch         Japanese      

Go to the sheet for Downloading the video for the Ultimate book on stock market timing.

Note 1 : The purpose of this column is to provide educational insights into the tenets of geocosmic studies as they correspond to economic, political, and socio-psychological matters, as one of several tools that in turn may assist in the practice of financial market timing. This column is not intended, nor should it be used, as an advisory service for trading financial markets, without use of other financial market analysis tools. MMA subscription reports provide that type of advisory service, with specific recommendations for trading.

Review and Preview :

The Dow Jones Industrial Average rose on Friday, notching its best month since January. The blue-chip index closed 272 points, or 0.8%, higher at 34,098.16. The Dow finished April 2.5% higher, its best monthly showing since January, when the average ended up 2.8%. -Alex Harring and Sarah Min, "Dow Gains More than 250 Points Friday as Index Finishes Best Month Since January", www.cnbc.com, April 28, 2023.

U.S. economic growth slipped in the first quarter in the midst of still-high inflation and rising interest rates, adding to worries about a possible recession later this year. U.S. gross domestic product, a measure of the value of all the goods and services produced in the country, rose at an inflation- and seasonally-adjusted 1.1% annual rate from January to March, a significant slowdown from 2.6% growth in the fourth quarter, the Commerce Department said Thursday. - Austen Hufford, "Economy Cools Amid Recession Fears", Wall Street Journal, April 28, 2023.

It was another Mercury retrograde roller coaster ride. Most global equity markets were down into mid-week and looking poised to fall off a cliff. Then suddenly, out of nowhere, the "Trickster" must have found something of hope for the nation - for the world - in President Biden's announcement last Tuesday that he will run again for the highest office in the universe. It was intentionally declared on the same day that he had announced previous candidacies for office, in which he had won. It's his lucky day.

Or maybe the market rallied because, on Wednesday, the House of Representatives finally approved a bill to lift the nation's borrowing limit (i.e., debt ceiling). It has no chance of passage in its current form as Senate leader Chuck Schumer has already decreed that it will be "dead on arrival" once it reaches the Senate for a vote. Nevertheless, there is now a bill to raise the debt ceiling, and it's a first step in the possibility of avoiding a financial catastrophe that advances ever closer.

The majority of global stock indices followed a similar pattern once again. That is, most made major cycle lows last Wednesday, +/- 1 day, then rallied nicely into the close of the week. In some cases, the rallies were to new highs for this primary cycle and even for this current year. That was the case in Japan and India, where the Nikkei Index rose to its highest mark since mid-August of last year, and the Nifty to its highest level since mid-February.

In Europe, the German DAX soared to its highest price since January 2022, and the SMI did the same on Friday to its highest level since June 2022.

The performance was also noteworthy and mostly positive in the U.S. The nearby NASDAQ futures soared to 13,336 on Friday, a level not seen since mid-August 2022. The DJIA cash market reached a high of 34,104 on Friday, a new high for this primary cycle. Both completed their first major cycle troughs of this current primary cycle on Tuesday/Wednesday, April 25-26. The S&P also made a major cycle low on April 26, but the rally that followed has not yet taken out the high of April 18, just before the prior week's powerful solar eclipse square Pluto. Anything is possible, but it is still very early in this new major cycle when momentum is more bullish than bearish.

In other markets, Bitcoin and Ethereum fell to trading cycle lows on April 26-27 too, but then suddenly found a strong bid to new rallies. They are still below their highs of MMA's last two-star critical reversal date of April 14 but appear poised to exceed those soon. Gold and Silver are also down from their yearly highs of April 13-14 but may also be building support around 1980 (Gold) and 24.50 (Silver). Of course, with the Trickster capable of much noise and disturbance as it switches back and forth from bullish to bearish in many markets, it is not inconceivable that these support zones could be taken out before the next leg of their bullish markets resumes.

Remember: this is the time for multiple false buy and sell signals, otherwise known as "fakeouts" in the vernacular of the Trickster. He will be around (and around) until May 14, which is why we usually take this time off from position trading and pronouncing bold or serious predictions, focusing instead only on aggressive short-term trades every 1-4 days. We will let others get dizzy making (and reversing) stunning predictions in pursuit of meaningless certainties amidst the Trickster's booby traps.

Short-Term Geocosmics and longer term thoughts :

So Trump and Biden are heading into a possible rematch with similar numbers of Americans who wish they would just go away. - Ingrid Jacques, "Americans on Biden, Trump : Please Give Us Someone Else", Arizona Republic, April 26, 2023.

Mr. Biden doesn't seem to have figured out that the House vote changes the balance of negotiating power. "While I do not agree with everything proposed", Sen. Joe Manchin said of the House plan, "it remains the only bill moving through Congress that would prevent default and that cannot be ignored". If Mr. Biden won't work with Republicans in the House and Senate on a compromise, then he'll be responsible for the financial calamity he's been warning about. The Wall Street Editorial Board, "Biden Plays Chicken With Default: He Refuses to Negotiate with Kevin McCarthy Even After the House Raises the Debt Ceiling, " April 28, 2023.

This week that Joe Biden announced his intention to run for a second term. He revealed it on his superstitious "lucky day", April 25. However, it was not a good week for Joe Biden. Very few people are excited about his decision to run again, yet everyone seems to think he will win because more people want to avoid a second term of Donald Trump than a second term of Joe Biden.

I think Democrats are misjudging the situation even more than Republicans. Donald Trump will have Jupiter conjoining his natal Sun near Election Day 2024, and transiting Jupiter will trine his natal Jupiter, too. These are not transits of a loser if he is in a competitive race at that time. I am not the first to note this. Astrologer Robert Thibodeau of Detroit, Michigan, brought this to my attention over a year ago when he also flatly stated Joe Biden would not have a second term. Now just because an astrologer makes a prediction doesn't mean it will come to pass. But if you ask an astrologer which looks more favorable: a transit of Pluto square your natal Moon (Biden), or a transit of Jupiter conjunct your natal Sun and trine your natal Jupiter, then I don't think the cosmic scales weigh in favor of the former over the latter. Bottom line: a Biden victory over Trump in November 2024 is not a sure thing, despite conventional wisdom trumped up by the media and Democratic (and many Republican) operatives.

Meanwhile, President Biden has a major problem approaching very fast that might do more to define (and damage) his legacy than anything he has encountered so far: the raising of the debt limit. There is now a proposal passed in the House, and neither he nor his comrades have anything to offer other than he wants a "clean vote" (raise the ceiling without any compromise to moderate spending and debt), which isn't likely to happen now. Biden won't be able to blame the Republicans for not offering a plan to raise the debt limit, although he is attempting to do just that - as if they have not provided a workable plan. He has to do something other than blaming the other side for doing nothing when in fact, he is now doing nothing except demanding that nothing be changed that created the threat of default in the first place. He doesn't exactly have a stellar record of fiscal discipline personally or as a leader. Avoiding negotiations will not amend that personal history.

The importance of all this is the looming T-square May 16-23 between Mars, Jupiter, and Pluto. This is a confluence of very hard aspects that coincide with hysteria. And Jupiter square Pluto does have a history of correlating with financial panics (maybe 50% of the time within a 4-month orb). This is approaching fast, in line with the time when the U.S. Treasury will run out of tricks to pay its debts.

Along the way, the Sun will conjoin Uranus (disruption) on May 9, in Taurus, the sign of money. I think we will see very huge movements in financial markets around that time, lasting through May 23 and maybe beyond.

The Trickster's cycle may be technically over on May 14, but his influence will still be present for a few days afterwards. It could get dicey for financial markets.

Longer-Term thoughts :

T.

To be continued (next week).

Announcements :

             Note 1 :

             Note 2 : .

             Note 3 : Forecast 2024 is completed in both the print and ebook (English) versions. If you live in the U.S. you should have received it by now. If you live overseas, the actual delivery depends on your postal service .

The price for the printed edition of Forecast 2024 is $66 as long as supplies last. We are down to the last 1-1/2 boxes. Last year's book sold out, so order now before they are gone. There will be no additional printings. The price for the eBook edition will remain $55, and will continue to be available even if the printed edition sells out.

For a review of the Forecast 2022 Book so far, please visit our  Scorecard. It is impressive!.

Offer to consider : With printers dealing with supply problems in getting paper, we cannot guarantee the printed edition of this year's book will be completed on time for delivery by December 25. The book will be written and turned in on time, as usual, and the eBook will be ready on or around December 15. Purchasers of the printed edition may wish to also order the eBook this year to make sure they at least get the text in time. Therefore, we also offer a "bundle" purchasing plan where those who order the printed edition can also order the eBook for only $20.00. That way, you will be assured of receiving the text for reading over the holidays in case the printed edition of the book is not able for delivery prior to December 15 as planned.

We will again publish an individual book dedicated to the yearly trends for the twelve individual signs. The book, Trends for the Twelve Signs 2023, will be written by Antonia Langsdorf-Merriman and Raymond Merriman. Antonia has written an annual Sun Sign book in German for the past several years, based on interviews conducted with Raymond beforehand. Click here to order from Amazon.
We will follow a format this year where Langsdorf will cover the health and relationships outlook and Merriman will cover the business, career, and overall psychological outlook of each sign for the year. The cost of this book will be $25, with a further discount if ordered together with the Forecast 2024 Book.

We offer discounts to our Forecast Fan Club Members and our Active Subscriber Club members. Check out our page on Forecast Club Levels to learn more about these discounts.

This year's printed and eBook versions will also be available in these languages:

German: www.mma-europe.ch or email at info@mma-europe.ch

Japanese: https://www.toushinippou.co.jp

Chinese Chinese :www.nodoor.com            

             Note 4 : The monthly MMA ETF Report was released last week.
Many have asked about a monthly report on Bitcoin, and the Monthly ETF Report does this via BITO, the ETF on Bitcoin. Written by MMA market analyst Gianni Di Poce, the ETF is a monthly newsletter that everyone trading ETFs is encouraged to read, especially those that seek less risky trading venues than futures. This report covers 8 ETFs on a monthly basis for readers. The ETFs include: SPY (S&P 500), GDX (gold miners), BITO (Bitcoin), TLT (+20-year Treasuries), USO (Crude Oil), XLV (healthcare), XLK (technology), and XHB (homebuilders). This is a report that was requested by popular demand and Gianni's insights and strategies are excellent. For further information, click here.

             Note 5 : THE APRIL ISSUE OF THE  MMA Monthly Cycles Report Plus+, edited by Pouyan Zolfagharnia, was issued last week. This market letter has become a very popular addition to the MMA Cycles Report (less technical, more visual, high-quality analysis and update on MMA Cycles Report markets). The mid-month addendum to the MMA Cycles report has stunning AI graphics and charts (people love it!) and is very readable. It contains more illustrations and references to geocosmics than most MMA Cycles reports and is only available for subscription to those who also subscribe to 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. The cost for a monthly copy of both reports is $55. That will give you both the most recent copy of the MMA Cycles Report and the MMA Cycles Report addendum coming out this week. For further information and ordering instructions, please click here.

             Note 6 :

             Note 7 : TUNE INTO MMA's NEW WEEKLY YouTube Video on the geocosmic climate related to financial markets hosted by MMTA Educational Director Gianni di Poce. The video is recorded late Friday night and posted then or early Saturday, depending on the editing process. These 5-10 minute video presentations review the market activity of the past week and offer a preview of the geocosmic signatures in effect for the next week and beyond. You may subscribe to MMA's YouTube Channel today at no cost and get announcements when each geocosmic market review is ready for viewing. To view this week's show, click here.            

             Note 8 : The MMA Grain Cycles report by MMTA Graduate Wyatt Fellows was issued last week. This is an exceptional report by a top MMTA graduate who is also the owner of a large family farm operation. Wyatt knows the farming business and grain markets from both a cyclical and fundamental point of view. This report is an in-depth look at long-and short-term cycles in Corn, Wheat, Soybeans, and Cotton. The MMA Cycles Grain Report has been extremely accurate in its first editions that began in January. If you trade grains or are in the farming business and wish for accurate timing and understanding of when to hedge your crop, this report is not to be missed! To order, click here.

             Our monthly MMA Cycles : The monthly edition of the MMA Montly Cycles Report (ICR) and its companion MMA Japanese Cycles and MMA European Cycles reports was released last week. If you are subscriber to any these monthly reports and did not receive it, let us know at once via our email.

- This report covers our long term analysis of the stock market (DJIA and S&P futures), Gold, Silver, T-Notes, Euro and Swiss Franc currencies, grains and crude oil. It also provides the list of geocosmic and solar-lunar reversal zones for the 1-2 months. This report comes out Monday night to subscribers.
- The MMA Japanese Markets Cycles report covers the Nikkei, JGB Bonds, and the Dollar-Yen.
- The new MMA Europe Cycles report covers the German DAX, Swiss SMI, and Netherlands AEX stock indices, each in english only and will be available on Wednesday.
One month trial subscriptions are available for this service for $35.00, which includes the current issue.
For subscription information, please go to our web site, or call us at 1-248-626-3034. If you are not a subscriber, you can check this service out on a one month trial basis for only $35.00.. For an additional $20, you can also receive the next issue, due in two weeks, of the MMA Monthly Cycles Report Plus+ edited by Pouyan Zolfagharnia, which has become a very popular addition to the MMA Cycles Report (less technical, more visual, high-quality analysis and update on MMA Cycles Report markets).

We are also pleased to report that starting with this month's issue of the MMA Cycles Report on November 8-9, we have added the Copper market , written by MMTA graduate and portfolio manager Matthieu Kaiser of Paris, France. We are very excited about this addition, as Matthieu has conducted exceptional research studies identifying long-term, intermediate-term, and short-term cycles in the Copper market. Many consider the Copper market to be a leading indicator of the world economy and stock markets. Stay tuned for the first edition of this new market !

             MMA's annual Forecast Book : see above

Upcoming Events :

             May 20, 11:00 AM : "Eye of the Geocosmic Storm: What's Next for Financial Markets". MMA Analyst and MMTA Director Gianni Di Poce will be giving a lecture with Astrology University on Saturday, May 20 at 2pm ET:  Eye of the Geocosmic Storm: What's Next for Financial Markets? We are in the final stages of the most intense astrological signatures of the year. Will markets boom or is gloom on the horizon? Special attention will be paid to stocks, bonds, forex, commodities, Cryptocurrencies, and real estate. The T-square between Jupiter-Mars-Pluto will also be of major focus, along with Venus retrograde later this year. The cost is $30. To sign up, click here.

             June 1-4 : MMA Investment Retreat, "GEOCOSMIC CORRELATIONS TO LONG-TERM INVESTMENT CYCLES". A 4-day, in-person and/or virtual retreat taking place at the Michigan State University Management Education Center in Troy, Michigan.

This 4-day intensive will introduce the participant to the role of Outer-Planet Aspects and Ingresses to long-term financial market cycles. With this understanding, one will learn to identify time bands that historically have coincided with the most favorable long-term investment opportunities as well as time bands that have correlated with long-term market peaks or selling opportunities. These studies are based on actual research on the performance of financial markets (like the U.S. and British stock market) going back to the 17 th century. Once these studies and methods are disclosed, the instructors will then illustrate how they apply them to current market conditions. Outlooks will be given for long-term cycles in various markets (such as stock indices, Gold, and Bitcoin), with the goal of identifying when the next excellent investment or selling opportunities are most likely to take place.

You do not need to be a student of the two-year MMTA3 program to join ! "Geocosmic Correlations to Long-Term Investment Cycles" is a standalone course designed for investors. This event is an excellent opportunity to interact with MMA President Raymond Merriman and MMTA Director Gianni Di Poce, and several other like-minded students of financial market timing over an extended 4-day period. There is nothing like the in-person interactions that occur at an MMA Investment Retreat.

Cost is $2750, or $2500 if reserved before May 12. Cost includes a 120-page workbook, all class recordings, and slides of the class presentations. Note that this retreat is also in conjunction with Course 2 of MMTA, and participants will get credit for Course 2 if they decide to attend MMTA now or in the future. For further information on this unique and special event, contact MMA at 1-248-626-3034 or by email at customerservice@mmacycles.com. A website link will be provided for registering for this retreat in the next week on our website at www.mmacycles.com.

             I am oftentimes asked for recommendations of a money manager who uses my methods, since I won't manage other people's money. The thing is, almost all money managers I know use their own systems. But many subscribe to my services and share my thoughts about the future of the economy, various financial markets, and how to position one's portfolio along these lines. One money manager who subscribes to our services that I would suggest for those looking to structure a longer-term portfolio, such as a retirement account, is Duke O'Neill of Boulder, Colorado. He can be reached at dukeoneil1@gmail.com, or 1-(303) 545-5837. For those looking for a professional trader of commodity and futures contract might consider Ted Lee Fisher at ted.fisher@comcast.net. Ted is a legend in financial futures and has a seat on the CME. Both are very knowledgeable of the tools I use, of the way I am looking at markets, and yet each makes their own decisions as to exactly when to enter and exit any market. They will be more than happy to assist you.

             To the above list, I would also like to recommend long-term MMA subscriber Erwin Brunner of Zurich, Switzerland. Mr. Brunner is the founder of BrunnerInvest AG. One of his five funds was awarded theBest in-house fund of funds in the world recently. Mr. Brunner is a former director of the Swiss Banking Corporation (today it is known as UBS), and a general director of Rothschild Bank in Zurich. As an independent wealth manager for high net worth individuals and institutional clients only, he places his clients into the funds of the best performing fund managers in the world, via his own research and experience. For high net worth readers interested in Mr. Brunner's funds, please contact him through www.brunnerinvest.ch.

             It is with great pleasure that I announce the addition of Egon von Greyerz to MMA Investment Retreat faculty of presenters. I met Egon last week in Girona, Spain, at a special gathering attended by MMTA Graduates Nitin Bhandari (India), Philipp Beyer (Germany), Henry Canciglia (USA) and myself. Egon is an expert on Gold. He owns Matterhorn Asset Management, a Swiss Asset Management company specializing in wealth preservation, located in Zurich ( www.goldswitzerland.com). He was also the person who initiated the "..Save Our Swiss G"...Act in Switzerland late last year, which would have required the Swiss National Bank to back up their assets with 20% Gold holdings. The initiative failed, but his reasons for initiating this effort are still valid. Egon is very interested in MMA cycles' work, and will share his outlook on Gold and the world debt. This is a real treat!

             The newly revised The Sun, The Moon, and Silver Book : Secrets of a Silver Trader, is now out. This is a book that you will use as a reference guide for...many, many years. It identifies all the key Sun-Moon combinations that have a higher (and lower) than expected probability of correlating with 4% or greater reversals in COMEX Silver. It also identifiesBig Range Days - those days in which the range of Silver is most likely to be 3.5% or more of the price of Silver, which is a great tool for day traders. This book fulfills the dream of all traders : high probability winning trade possibilities, with minimal market exposure. It is thatextra edge. And Silver is a great market to trade now. The cost is $125.00. For ordering on line.

             The new book titled Solar-Lunar Keys to Gold Prices : Secrets of a Gold Trader, is now out. The long awaited sequel to the Secrets of a Silver Trader is due out in late October (maybe before)!!!
Now, GOLD as you have never seen it by night or day. The studies for the soon-to-be-released book are now completed and the results are now being used in the weekly and daily MMA subscription reports for short-term trading strategies in Gold. That's right... historically tested Solar-Lunar Correlations to trading reversals in the Gold Market - as only available from Raymond Merriman. The studies cover over 40 years of daily Gold, starting from December 31, 1974 through April 2015. The book will change how you approach trading Gold using these leading solar-lunar indicators, with very clear instructions as to "when" to expect 3%, 4%, or greater reversals in Gold prices and how to trade them. It will be a valuable guide for short-term traders of Gold, GLD, and other ETF's involving Gold prices. You may call 1-248-626-3034 or email ordersmma@gmail.com and place your pre-order now. It is also now available for purchase on the MMA web site at www.mmacycles.com. Order now and get the first printing of this new book on trading Gold!

Disclaimer and statement of purpose : The purpose of this column is not to predict 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 oftentimes report 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 will likely affect human activity in the times to come. The author (Merriman) will do this from a 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 as to the psychological climate we are in, from an astrological perspective. The hope is that it will help the reader understand these psychological dynamics that underlie (or coincide with) the news events and hence financial markets of the day.

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 assume any responsibility at all for those individual decisions. Reader should understand that futures and options trading are considered high risk.


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