Raymond Merriman's Weekly Preview

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Posted by in Raymond Merriman's Weekly Preview on June 26, 2015 .

Written by Raymond Merriman   

REVIEW AND PREVIEW   USA markets will be closed on July 3. It will therefore be a shortened holiday week of trading.         Last Monday, June 22, was not only the first day of the summer season, but also the last of three passages of the Jupiter/Uranus trine aspect. It was similar to the first two passages of September 25, 2014 and March 3, 2015 when many world equities markets staged impressive rallies to a crest nearby. In the first case, the USA stock market (DJIA) made a new all-time high just three trading days before the trine, and then promptly...

Written by Raymond Merriman  

Please note that there will be no weekly column this week due to the Webinar on “MMA’s Mid-Year Financial Markets Update,” on Saturday, June 20, at 2:00 PM Eastern Daylight Time.

The live webinar is now sold out. However, the MP4 downloads of the entire event will be available this week. To order your downloadable copy, please call 1-248-626-3034, 1-248-626-3034, or email Amber at ordersmma@gmail.com. Cost is $45.00.

We will return next week!

 

REVIEW AND PREVIEW FOR WEEK OF JUNE 15     This was the week that Mercury and Neptune...

Written by Raymond Merriman  

Please note that there will be no weekly column next week due to preparations taking place for the Webinar on “MMA’s Mid-Year Financial Markets Update,” on Saturday, June 20, at 2:00 PM Eastern Daylight Time. To sign up for this webinar, please go to www.mmacycles.com, and scroll down the opening page to the announcement. Or, call 1-248-626-30341-248-626-3034, or email Amber at ordersmma@gmail.com. Cost is $45.00. See more in Announcements section of this week’s column.

 

REVIEW AND PREVIEW     This was the week that Mercury and Neptune changed...

By Ray Merriman

REVIEW AND PREVIEW     Last week was so Mercury retrograde (May 19-June 11). Last Friday, May 29, the U.S. Department of Commerce announced, “Real gross domestic product (GDP) -- the value of the production of goods and services in the United States, adjusted for price changes -- decreased at an annual rate of 0.7 percent in the first quarter of 2015…” That’s right, the economy contracted, as in … the first step towards a formal recession.     But then this Friday. June 5, the U.S. Department of Labor reported, “Total nonfarm payroll employment increased by 280,000 in May, and the unemployment rate was...

By Ray Merriman

REVIEW AND PREVIEW     It is now the middle of Mercury retrograde (May 30). It is a time in which we seek to identify any market that did not reverse around the time that the retrograde began (May 19), as a candidate for a reversal now.     For instance, one can look at the Japanese Nikkei Index as an example. It did not reverse around May 19, but instead kept marching to new 15-year highs as of Thursday, May 28. According to this principle, the Nikkei could be making an important high right here. The same can be said for the Chinese Shanghai stock index, which made a new 7-year high of 4986 on Thursday May 28,...