This web site is safe From McAfee
This free Financial astrology column for the week ahead is not the
same as our service titled :
MMA Weekly Comments and Recommendations on Financial Markets,
which is available by subscription only (read a sample with the above link).
MMA COMMENTS FOR THE WEEK BEGINNING
October 23 - 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 :
Chinese
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 :
Federal Reserve Chair Jerome Powell suggested the run-up in long-term Treasury yields could allow the central bank to suspend a historic run of interest-rate increases so long as recent progress on inflation continues. That is in part because the swift rise in long-term rates over the past month could slow the economy, effectively substituting for another Fed hike if higher borrowing costs are sustained. - Nick Timiraos, "Jerome Powell Signals Fed Will Extend Interest-Rate Pause", Wall Street Journal, October 129, 2023.
The most-actively traded gold futures contract jumped 1.2% Friday to cross $2,000 a troy ounce for the first time since late July. The war between Hamas and Israel has made haven-asset gold, which is prized for its stability during times of market turmoil, more popular. The yellow metal has rallied about 8% since the conflict began. - Hardika Singh, "Gold Prices Top $2,000 For the First Time Since July", Wall Street Journal Online, October 20, 2023.
Jupiter, the sign of optimism and good times, is in the sign of Taurus the bull since May 16, 2023. However, world stock indices have been anything but optimistic or bullish since Venus, the ruler of Taurus, went retrograde in late July.
There are two points to make here. First, Venus retrograde or direct is often the high or low of the year in world stock markets. This year fits that correspondence once again as Venus turned retrograde on July 22, and the high in the NASDAQ for this year was on July 19, and for the DJIA, it was August 1. Venus then turned direct on September 3, and the secondary high (and crest of the current primary cycle) in U.S. stocks was on September 1. Second, the majority of stock market cycles since the 1890's with Jupiter in Taurus have more frequently exhibited bearish trends, not bullish. Maybe Taurus' mascot should change from a bull to a bear before the cosmic compliance office accuses market watchers of willful misinformation. In many of these cases, the stock market remained bearish until Jupiter reached Leo, +/- one sign, which will be in effect June 2025-August 2028. We will share this information in greater detail in this year Forecast 2024 Book, which is being written now and expected to be completed by November 21, then printed and released on December 15, as always. It's another action thriller.
For the week, the pattern was once again similar in most global stock markets. That is, most made a major cycle low October 4-6, then a major cycle crest October 11-13, then fell hard to end last week on October 20. The pattern of lower highs and lower troughs of the same cycle type continues too, which is a classic definition (for us) of a bearish trend.
In Asia and the Pacific Rim the only variance to this pattern was in China, where the Shanghai Composite plunged to its lowest level since a long-term cycle began at the low of October 31, 2022. It's bad all over the world, but worse in China and Switzerland.
In Europe, the pattern was also the same, except declines below the lows of October 4 were notched in the German DAX and Zurich SMI. The DAX fell to 14,798 on Friday, its lowest level since the primary bottom of March. It was even more depressing in Switzerland where the SMI just collapsed back to its lows of last October, suggesting a 4-year or greater cycle crest is in. The worry is that China and Switzerland may be leading the world stock markets lower.
In the Americas, there was no variance. All major indices we track made lows October 4, rallies into October 11-13, and ended last week challenging their lows of two weeks ago.
One point of interest is that stocks and metals had been moving together for several weeks. In our recent interviews, it was pointed out that they could very well decouple when Mars moved into Scorpio, which is exactly what has been happening since October 13. That is, stocks have reversed down, and Gold has accelerated sharply higher. In fact, December Gold reached a new 3-month high on Friday at 2009. Silver also did well, surging to a high of 23.88. Two weeks earlier Gold was trading at 1823 and Silver at 2085.
This is the pattern we expected in our special Gold report that was issued October 4, right as Silver bottomed and just two days before the lows in Gold. As an analyst and trader, I know you are only as good as your last call. Right now, I am good. In fact, I am very good because the options we recommended on Gold futures in that special update have appreciated several times over their entry point. You only get 2-3 opportunities per year like this in each market. These are the trades we live for, although the circumstances that led to these trading successes are far from something to celebrate.
In other markets, Crude Oil tested the $90.00 mark when just two weeks ago it was trading at 81.50. Bitcoin soared above $30,000 again, its highest mark since late July.
Short-Term Geocosmics and longer-term thoughts :
"This conflict right now could end right this second if Hamas were to put down its weapons and there would be peace. If the Jews put down their weapons, there would be no more Jews in the Middle East". - James Kirchick, guest on the "Real Time with Bill Maher" show last week, HBO.
War continues to rear its ugly head and the most depraved behavior exhibited by humans against one another as earth barrels ahead to the most dangerous aspects of the year in October and November.
The Sun approaching Mars in Scorpio, while near the same time being in opposition to both Jupiter and Uranus and headed to a square of Saturn (now through November 25, and especially November 11-25) is an aspect consistent with conflict and threats of war. It is naïve to not think the world could be on the verge of war as Pluto moves back and forth into Aquarius (2023-2025), Neptune approaching its entrance into Aries (2024-2025) and Uranus heads towards Gemini (2025), when the last time each of these ingresses happened singly coincided with the three greatest wars in American history (Revolutionary War, Civil War, and World War II).
This is a war cycle, but as with all cycles - rhythmic or planetary - the previous outcomes need not repeat if world leaders (and their adversaries) simply make different decisions regarding the advent of similar themes. But to do that, they would have to change their beliefs that place more importance on diversity and division (of thought and race) than upon unity and those matters that bind us together as human beings and part of the greater human race. We talk about doing this, and then fight over it with threats to wipe out a whole swatch of humanity to attain unity. This is symbolic of one possible manifestation of Sun/Mars in opposition to Jupiter and Uranus. And as long as it manifests in this form, Gold, Crude Oil, and Uranium can continue to appreciate in value while investors in equities stand aside until some sort of normalcy returns. They may have to wait a while.
Shorter-term, the Sun will enter Scorpio on October 22, the same day Venus will make a favorable trine with Jupiter. This is followed by another trine, this time involving the Sun and Saturn, on October 24. These signatures may provide some short-term relief from the horrors and brutality of the past two weeks. But right afterwards, on October 28, Mars will start a series of new hard aspects, first with its opposition to Jupiter. These continue through November 25, a period which finds six Level 1 signatures unfolding (Level 1 signatures have the highest correlation to primary cycles in stock indices, +/- 10 trading days). This means geopolitical tensions that result in sharp swings in several financial markets. On a personal level, it means many people will tend to behave erratically and possibly be given to rash and disruptive actions. It is a time when one is advised to take the time to think things out clearly before overreacting with rage, for the consequences may be hard to undo.
Longer-Term thoughts Q & A With Ray :
We are going to add this new feature to our weekly column. We often get questions from those just entering markets who want to know how to use our reports effectively. Many don't understand futures, or how to convert our futures recommendations for certain stocks and ETF's. So we will field one question every week in which we have time to answer.
This week's question comes from subscriber Ingrid, who asks: "I would like to set the selling point correct instead of waiting and watch when in GC1! the point is hit. In this case it is 2000 in GC1!. What is the reference point? Where is the corresponding line in the G2X chart? Just simple things like which chart do you have to look at if I want to understand and follow you. I had to find out "simple" things like finding out the ticker for gold is GC1! Just to give you an idea".
A : There is no simple rule to calculate the corresponding price of a stock or ETF to a futures contract, mainly because futures trade 23 hours/day and ETFs and stocks only about seven hours. In many cases, our price target in futures is hit outside of those seven hours in which the stock or ETF trades. And in the case of Gold, only ETF that tracks Gold is GLD, whereas other ETFs track gold mining stocks. The problem there is that the miners will usually move in the direction of Gold, but if it conflicts with the direction of stocks, it is pulled in opposite directions. Last week, Gold soared and stocks fell, and the miner's stocks went back and forth.
The data (prices) we use for calculating Gold futures prices comes from www.cmegroup.com. It provides data on the 23-hour Globex. We prefer the settlement that happens after the 5 PM Globex close, compared to the COMEX which reports settlement about 3 hours earlier. The symbols given on www.cmegroup.com are the ones most market software programs provide and are different than those given on yahoo.com/finance. I hope this helps.
Please don't hesitate to ask other questions as long as they don't involve things like: "What will the market do next week?" That's what we cover in our subscription reports for subscribers. But questions about how to use our reports are always welcomed. Have a great week ahead !.
To be continued (next week).
Announcements :
Note 1 : LAST WEEK TO SAVE ON FORECAST 2024 BOOK!!!! The "Annual Forecast Pre-Order Event " is underway and will end October 31st. That's one week from this Wednesday! This super sale includes our once-a-year sale discounts on both the annual Forecast Book and all MMA Subscription Reports $275+ . You may pre-order Forecast 2024 Print at the discounted rate of $55, or the eBook at $45. And the best deal on MMA Subscription Reports is also offered at this time! Save 10% off any subscription ($275+) with purchase of Forecast 2024 by using discount code: SALE2024 at checkout.
After the pre-order event ends on November 1st, the retail price of Forecast 2024 Print increases to $66, and the eBook increases to $55.
MMA will also offer a special "bundle"discount rate for those who wish to order both the eBook and printed editions of Forecast 2024. The eBook usually comes out 1-2 weeks before the print edition, and avoids delays caused by the postal system, especially if overseas. Yet many readers prefer the print edition, so ordering both via The Forecast 2024 Bundle makes sense. You will receive the eBook on December 15 th, and your Print copy will be mailed mid-December.
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 :www.nodoor.com
For more information on this year's Forecast Book, please view our recent YouTube Video Interview with Ray and Alie at the Merriman Market Analyst YouTube channel , or by clicking here.
We created an updated list of our most common Forecast FAQs to help this Forecast season.
Note 2 : Special Offer this season !!! MMA's newest monthly report, "MMA Monthly Grains Report"by Grains Analyst Wyatt Fellows. The cost of this subscription is normally $325, but on sale now for only $300 for a 1-Year subscription. If ordered together with the Forecast 2024 Book , there will be two further 10% discounts making the cost of the report only $270 for a 1-Year Subscription! 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. The MMA Monthly Grain Report just started in January 2023 and has been extremely accurate. If you trade grains or are in the farming business and need an accurate timing and understanding of when to hedge your crop, this report is not to be missed! To order, click here.
MMA offers 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.
Note 3 : THE MMA WEEKLY YouTube show Geocosmic Week in Review and Look Ahead, with Gianni Di Poce, is now conducted on Wednesday evenings !. Each 5-15 minute FREE episode reviews the market activity of the past week and offers 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 alerted when a new weekly episode is released! Tune in on Wednesday evenings to hear Gianni and his guests update financial markets on YouTube!
Note 4 : THE October ISSUE OF THE MMA Monthly Cycles Report Plus+ , edited by Pouyan Zolfagharnia, was released last week. This market letter has become a very popular addition to the MMA Cycles Report (less technical, more visual with horoscopes of current importance, high-quality analysis and update on MMA Cycles Report markets). The mid-month addendum to the MMA Cycles report has stunning 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 June copy of the MMA Cycles Report and the June MMA Cycles Report Plus+ addendum coming out this week. Please note that subscriptions rates for this report will increase as of January 1, 2024. Sign up now and save big bucks! For further information and ordering instructions, please click here.
Note 5 : 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 6 : 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.
And if you become a subscriber before September 15 th , you will receive a code to save $13 on Forecast 2024.
MMA's annual Forecast Book : see above
Upcoming Events :
December 10, 2023 : SPECIAL WEBINAR ON OPTIONS STRATEGIES USING MMA MARKET TIMING TECHNIQUES. This three-hour Zoom workshop will be led by veteran options trader and MMTA student Derak Pania, who made an splendid presentation to the class just before the Gold move that began October 6. Derek will discuss the nature of options (terminology, calculations of Delta and other Greek studies to determine the best value options to trade at the given time, and option strategies like bull and bear spreads. His strategy to buy Gold calls and bull option spreads in early October has already resulted in exceptional profits for MMTA students. He will revisit this trade and discuss new strategies in other markets that look attractive for options trading in early December. The cost will be $195.00 if registered before December 1, and $250 afterwards. Registration for this workshop will open next week at www.mmacycles.com > Shop > Webinars a
January 12, 2024. "Trends for 2024", sponsored by AstroData of Zurich, Switzerland. Speakers to be announced shortly, but will include Ray Merriman giving his outlook on 2024. This event is in German, and Merriman's presentation will be translated from English to German. For further information, contact www.AstroData.com
February 18, 2024, MMA's Annual Forecast 2024 World Webinar. Details and Reservations will be opened after January 1
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.
Subscribe NOW
and get the cutting edge of news and trading strategies before others !
Copyright © 2023
MMACYCLES@msn.com