Raymond Merriman's Weekly Preview

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It was a strange week for equity markets around the world, as several made new multi-month highs, while others fell a little short, and still others were even down. However, “strange” is a description often associated with Uranus.  “Divergence” is yet another. Last week ended with Uranus turning retrograde. It was strange, and filled with market divergences.

 

 

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Equity markets were mostly positive last week, with many topping out on Wednesday-Thursday, July 20-21. In the case of the USA, both the Dow Jones Industrial Average and S&P made new all-time highs, but the NASDAQ Composite fell short, even though it too had a good week. In terms of Financial Astrology, it is worth noting that neither the Venus nor the Sun’s transiting...

 

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It was a good week for most world stock indices, as several made new multi-month highs. In the USA, both the Dow Jones Industrial Average (DJIA) and the S&P futures soared to new all-time highs, consistent with the inconsistent planet of Uranus, which is highlighted this month. The all-time highs also reflected my take on the wishes of the Federal Reserve Board since March of this year. As stated last week, “Our premise laid out since March has been 1) the Federal Reserve Board would do whatever it takes to make the economy look stronger and send the stock market soaring, 2) they will not raise...

 

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“The U.S. economy added 287,000 jobs last month, well above the expected 175,000. The jobs data is especially key since the shock slowdown in May hiring was one reason the Federal Reserve cited for leaving interest rates unchanged at its meeting last month…. The number was viewed as payback for a stunningly weak May report, which was revised even lower — from 38,000 to...

 

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Markets will be closed in the USA on Monday, July 4, in observance of Independence Day.

 

Mars ended its retrograde motion last week, June 29, and the global panic in equity markets, caused by the Brexit vote in the UK, also ended last week. Most of the world stock indices ended their sharp declines on either Friday, June 24, or Monday, June 27, as Mars was stationary at...

 

 

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The former Fed chairman said that the root of the "British problem is far more widespread." He said the result of the referendum will "almost surely" lead to the Scottish National Party trying to "resurrect Scottish Independence." Greenspan said the "euro currency is the immediate problem." While the euro and the euro zone were major steps in a movement toward European...

 

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Have we ever seen such a violent and bizarre week? Last week witnessed the mass murder rampage in a gay nightclub in Orlando, followed by an alligator grabbing a two-year boy and drowning him also in Orlando at Disneyworld Park, and then the shooting of a young UK female parliament member, connected with the approaching Brexit vote (that may now actually affect the outcome of...

 

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Since our last report for the week beginning May 30, several financial markets have made notable reversals. This fits well with our studies, which showed an abundance of geocosmic signatures present May 22-June 4, including five Level 1 signatures (strongest correlates to primary cycle culminations). The midpoint of that time band was May 28-29, the weekend preceding the...