Raymond Merriman's Weekly Preview

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            World stock indices were mostly up last week, following their multi-month lows (or re-tests of multi-month lows) the prior week of February 11-12. Most started the week explosively. The Dow Jones Industrial Average, for instance, was up over 1000 points from its low of February 11 to its high in the first three trading days of last week. The Japanese Nikkei closed up over 1000 points from its yearly low of the previous week. The German DAX was up over 10% from its low of the prior week to its high of last week. Yet all of these strong rallies are but corrections, so far, in an ongoing bearish trend....

Note: Financial markets will be closed in the USA on Monday, February 15, in observance of President’s Day.

 

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            The bear is alive and out of hibernation now. However, this is an election year in the USA, so equity traders must continue to expect sharp rallies followed by worrisome downturns.

          Last week was more of a worrisome downturn. World stock markets continued to be extremely volatile, with several indices falling to new yearly lows before Friday’s nice recovery in the USA. Yet, that was not enough to alleviate the worries - not with the geocosmic environment that is ahead.

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            “Hiring slowed substantially in January, but the fact that more people were working for higher pay signals strength in the labor market and dashes a little of the recent pessimism about the economy. Nonfarm payrolls rose by just 151,000, far short of the expected 190,000. The strong 292,000 gain in December was also reduced by 30,000 workers.” – Patti Domm, www.cnbc.com, February 5, 2016.

            “On Friday, February 5, the employment reports for January will be released. If the jobs reports are solid again, this will put more upward pressure on the Dollar because the Fed will then be...

 

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        It was a week in which stocks markets of the world rocked back and forth every day until Friday. For instance, starting with Friday of the prior week (January 22), the Dow Jones Industrial Average was up 211 points, then down 208 points, then up 282 points, then down 223 points, then up only 125 points on Thursday, January 28. The back-and-forth triple digit changes ended on Friday, January 29, when – for the first time in over a week - the DJIA was up very sharply. It closed up 396 points, which accounted for more than the 372-point gain registered for the week.

       So, with its biggest...

MMA FREE WEEKLY COMMENTS

FOR THE WEEK BEGINNING JANUARY 25, 2016 ©

 

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            Last week was one of the most intriguing weeks in world equity markets ever.   As the week got underway, there was a powerful sense of foreboding that stock markets around the world were going to crash. In fact, they did. By Wednesday, January 20, many world indices were making new yearly lows, some of which had fallen below the 20% mark used to identify a bear market (a really useless measurement indicator). It was so consistent with the combination of geocosmic signatures that had been in effect January 3-18, and all under...

 

MMA FREE WEEKLY COMMENTS

FOR THE WEEK BEGINNING JANUARY 18, 2016 ©

 

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            USA stock market will be closed Monday in honor of  Martin Luther King holiday. However, we will issue the monthly MMA Cycles Report Monday, in time for analysis of this stock market decline before the next trading day on Tuesday.

            The stock markets of the world tried to rally last week. They huffed and they puffed, but in the end they just ran out of energy and started to collapse.

            The New Year is not off to good start. In fact, it may be the worst start ever of a New Year in many world stock...

 

MMA FREE WEEKLY COMMENTS

FOR THE WEEK BEGINNING JANUARY 11, 2016 ©

 

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            The U.S. economy closed out 2015 with a huge round of job creation. Nonfarm payrolls grew 292,000 during December, according to a Bureau of Labor Statistics report Friday that showed employment momentum as the year wound down. The unemployment rate was 5.0 percent… The one disappointment from the report came in wages, which actually fell slightly.” -Jeff Cox, www.CNBC.com, January 8, 2016.

            “Yet there is a Silver lining. On January 7, during this same period, Jupiter turns retrograde… Given...

MMA FREE WEEKLY COMMENTS FOR THE WEEK BEGINNING JANUARY 4, 2016 ©   REVIEW AND PREVIEW               “All aspects are about integration. With the so-called bad aspects, that integrative process is simply more difficult. They are hard, not “bad.” – Steven Forrest, astrologer, The Mountain Astrologer, December/January 2016 issue.                     Happy New Year to everyone and best wishes for a joyous and prosperous 2016. We would also like to thank those readers of the Forecast 2016 Book who have written to express their favorable reviews (see announcements below). Thank you!             Here at MMA, we...