Raymond Merriman's Weekly Preview

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MMA FREE WEEKLY COMMENTS

FOR THE WEEK BEGINNING OCTOBER 12, 2015 ©

 

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     “Gold rose to a seven-week high on Friday after minutes from the Federal Reserve's last policy meeting showed the U.S. central bank was in no hurry to raise interest rates, pressuring the U.S. dollar.” Reuters, October 9, 2015.        

     It was a very good week for stocks and commodities worldwide. Both seemed to react positively to IMF chief Christine Lagarde’s statement that the IMF’s global growth targets are at risk (they may have to lower their forecast again), as well as last week’s disappointing job gains...

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            “Federal Reserve Chairwoman Janet Yellen argues the case for raising short-term interest rates later this year, effectively lobbying a warning to skittish financial markets that last week’s decision to keep rates near zero wasn’t a shift toward an interminable delay of liftoff.” – Jon Hilsenrath and Ben Leubsdorf, “Yellen Expects Rate Hike This Year,” Wall Street Journal, September 25, 2015.

            This Mercury retrograde (September 17-October 9) is showcasing the “Trickster’s” capacity for sudden changes, surprising announcements, and erratic behavior on the part of both...

MMA FREE WEEKLY COMMENTS

FOR THE WEEK BEGINNING AUGUST 31, 2015 ©

 

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            Our August 26 three-star geocosmic critical reversal date was right on target last week, as several global indices bottomed at their lowest levels in months, and even years, Monday-Wednesday.  By Friday, most had made very substantial rallies that also surprised traders almost as much as the decline did.

            In Asia and the Pacific Rim, the biggest story continued to be in China, where the Shanghai Index dropped to a low of 2850 right on August 26, an incredible 45% decline from its high that was achieved just two...

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            This Venus retrograde period is finding world equity markets quite undecided. In China and Japan, for instance, equity prices have been moving higher. The Japanese Nikkei tested its highest level since 1996 again on Tuesday, August 11, but then pulled back into the end of the week. Hong Kong’s Hang Seng made a new monthly low and the Australian All Ordinaries fell to a new 6-month low. India’s stock exchanges were relatively quiet. So we have bullish, bearish, and neutral in Asia and the Pacific Rim for last week, a perfect example of the uncertainty nature of Venus. Should I stay or should I go?...

Posted by in Raymond Merriman's Weekly Preview on August 07, 2015 .

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            In typical Venus retrograde fashion, stocks markets around the world cannot decide whether to be bullish or bearish. Some are decidedly bearish, like the Dow Jones Industrial Average of the USA or Bovespa of Brazil, which keep making lower highs and lower lows. The Indian and European indices (except the Zurich SMI), on the other hand, continue to rise off their lows of late June through early July, but remain far below their highs of April. And still others, like the Zurich SMI and Japanese Nikkei, are either near all-time or 20-year highs respectively.

            Gold and Silver prices were...

Written by Raymond Merriman

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   World equity markets continued their torrid advance from their primary cycle lows completed during last week’s geocosmic critical reversal zone, identified as July 7-10. Most made their lows July 7 or 8. For many markets, those of last week were the lowest price since February. But now some, like the NASDAQ, are already making new all-time highs, just one week later.     What happened to change the trading climate so quickly? Well, for one, the Euro Zone came to an agreement on another Greek bailout, but that doesn’t really solve the...

Written by Raymond Merriman   

REVIEW AND PREVIEW     Last week’s geocosmic signatures struck the U.S. stock market in ways that literally reflected the comments made in last week’s column. “From July 6-12, the Sun will translate the Uranus/Pluto square. This portends sharp price swings in many financial, markets, related to sudden and unexpected announcements from world leaders, or sudden and unexpected developments with nature, such as earthquakes, heat waves, high winds, and electrical failures.” Not only were financial markets (like stock indices) subject to violent price swings,...

Written by Raymond Merriman   

REVIEW AND PREVIEW     This is the Independence Day holiday weekend in the USA. Thus, we start with a Happy Birthday to the USA on its 239th birthday, or – as astrologers would say – solar return.     Nearly all global equity markets suffered sharp losses last week, especially early in the week, as it became apparent that Greece would default on the repayment of its IMF loan. This was unfortunate from a cosmic viewpoint, since the planetary alignment early last week was the most favorable and benign that will be seen for a while. But it has been...