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Market Preview for the week beginning January 23, 2023

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Market Preview for the week beginning January 23, 2023

Market Preview for the week beginning January 23, 2023

Market Preview goes to Members by email for free>>

 

 

Review and Preview 

Retail spending fell in December at the sharpest pace of 2022, marking a dismal end to the holiday shopping season as rising interest rates, still-high inflation and concerns about a slowing economy pinched American consumers. Sales were also revised lower in November and have fallen three of the past four months. ¬– Harriet Torry, “U.S. Retail Sales Fell 1.1% in December,” Wall Street Journal, January 18, 2023.

It was another very good week for Gold and Bitcoin. Each continued the rallies they began in October-November, near the time that Mars turned retrograde on October 31. All have rallied to their highest levels since then as Mars turned direct last week, along with Mercury.

It wasn’t as good a week for many of the world’s stock indices, however. In the U.S., the DJIA was down 927 points despite Friday’s 330-point rally. The S&P was down nearly 75 points, while the NASDAQ was up slightly more than 60 points.

In Europe, the major stock indices were strong until Tuesday-Wednesday, January 17-18, right in the center of the triple planetary station period of January 12-22. Each sold off sharply after that.

It was a mixed bag in the Far East and Pacific Rim, probably the way the Trickster likes it. China, Hong Kong and Australia all posted strong rallies in their equity markets right until the very end of the week. But in Japan and India, traders couldn’t make up their minds if they wanted to buy or sell – so they did both and basically went back and forth.

Crude Oil rallied to a new monthly high of 82.38, also on January 18, and remained near those highs throughout the remainder of the week. However, the big stories were in Bitcoin and Gold, which both soared to new multi-month highs.

 

 

Short-term Geocosmics

The Treasury Department began taking special measures to keep paying the government’s bills on Thursday as the U.S. bumped up against its borrowing limit, kicking off a potentially lengthy and difficult debate in Congress over raising the debt ceiling. With the federal government constrained by the roughly $31.4 trillion debt limit, the Treasury Department began deploying so-called extraordinary measures. Those accounting maneuvers will allow … lawmakers on Capitol Hill and the Biden administration roughly five months to pass legislation raising or suspending the debt limit. – Andrew Duehren, “U.S. Nears Debt Ceiling, Begins Extraordinary Measures to Avoid Default,” Wall Street Journal, Jan 19, 2023.

Now we know what might cause a financial panic indicated by the Mars-Jupiter-Pluto T-square in the last half of May as described in the Forecast 2023 eBook. You just know Congress will not likely solve this issue until the very last moment, which is projected to be in June. And by late May, when this aspect hits, the hysteria will drive investors into a frenzy.

But in the meantime, we look ahead to this weekend when Uranus turns direct, the last of the triple planetary stations, and possibly the most important. Why? Because with Uranus highlighted, sudden surprises and unusually strong price movements often follow.

On top of that, we are now entering the season of Aquarius, January 20-February 18. The sun sign of Aquarius is, in my opinion, the most dangerous of all sun signs for Silver. This is when the most unexpected and sudden declines take place, especially when the Moon or other planets are also in air signs. With the Moon, we usually get 3-4 of those short-term periods, and at least one of them usually coincides with a sharp sell-off. Will it happen this time? No one knows for sure, but the historical rates of frequency for this to happen are very high. And after all, our work is all about probabilities based on historical rates of frequencies. If a setup occurs during one of those periods, we take action.

 

 

Longer-term Thouhgts

You might be a rock 'n' roll addict prancing on the stage
You might have drugs at your command, women in a cage
You may be a business man or some high-degree thief
They may call you doctor or they may call you chief

But you're gonna have to serve somebody, yes you are
You're gonna have to serve somebody (serve somebody)
Well, it may be the devil or it may be the Lord
But you're gonna have to serve somebody

Bob Dylan, “Gotta Serve Somebody,” 1979, Special Rider Music

Serve somebody. It’s a good policy to question: who do you serve? Who do world leaders serve when they invade other nations, walk off with a nation’s valuable top classified secrets and store them in their homes or garages? Who do public and even non-profit organizations serve when they make policies and initiate acts that are not approved, or even transparent to their members or investors? Who do the political parties or organizations serve when they offer a selection of candidates that do not include choices the populace or members want?

So it is fair to ask those who are leaders: who do you serve? When you do everything within your power to remain in power by not offering choices or awareness of changes being made in policies to those who would be most affected by these changes, who are you really serving?

The theme of service relates to the astrological signs of Virgo and Pisces. Saturn will start a three-year journey through Pisces starting March 7. Wherever Saturn is, therein lies a special challenge to address, for with Saturn, there is usually a sense that something which is needed is lacking. There are not enough of the qualities or sectors pertaining to the sign of Saturn – Pisces in this case – to satisfy the collective.

Pisces is not just service, but it also inspires compassion and sensitivity to the needs and wishes, the hopes and dreams, of the masses. Saturn is the commitment, the promise, to work for that. So what happens when leaders of nations or organizations (or individuals) make promises (Saturn) that appeal to the hopes and dreams of the masses (or individuals), but then they fail to deliver on those promises? Or worse, they actually do the opposite and take advantage of others for their own personal gain? You get allegations of corruption, hypocrisy, and coverups leading to scandals. The consequence is a new wave of distrust in leaders, in these organizations, in those people or entities who betrayed. This is the downside of Saturn in Pisces looming ahead.

This then begs the question of what leaders and individuals can do to counteract this “lack of service” that leads to a sense of betrayal? Saturn has this special characteristic of defining reality, separating truth from intentional deception that has an ulterior motive based on serving oneself. So the solution is really quite simple with Saturn in Pisces: be honest, truthful, transparent, and discerning with others, especially those you have been chosen to serve. Do not be gullible to lies and attempts to mislead (these are the vulnerabilities of Pisces). In other words: recognize that you have to serve somebody – other than yourself. In truth, we are all here to serve one another. And with Saturn in Pisces, one of the most effective ways to honor this is to be transparent and not opaque.

You may be living in a mansion or you might live in a dome
You might own guns and you might even own tanks
You might be somebody’s landlord, you might even own banks
But you’re gonna have to serve somebody,...

So when you wake up tomorrow, or the next day, or even the next year, ask yourself: How can I be of service to someone or even the world today? Why? Because actions and their motives have consequences – for you, for others, and for the world. This is the universal law of karma (or God’s will if you are Christian). This is an essential component to the higher challenge of Saturn in Pisces, which is inner peace and eventually world peace. Without authentic service to others, but only to oneself, those hopes and dreams are just that: hopes and dreams that can be crushed via little lies by small-minded people. With Saturn in Pisces, many people will try to elevate themselves to a higher standard of behavior. It will be demanded of them if they are in roles of leadership and have promised to serve.

 

 

ANNOUNCEMENTS

Raymond Merriman's MMTA 3 will commence

REGISTRATION OFFICIALLY OPENS FOR MMTA3 ON MONDAY, THIS WEEK!!! Stay tuned for a special announcement coming out Tuesday.

This is your chance to learn how to analyze and identify important time bands for market reversals in financial markets for traders and investors alike. This is the most complete course offered anywhere on the integration of cycles, geocosmics, trend studies, price objectives, chart patterns, and technical analysis. If you want to become a better trader, investor, or an analyst for traders and/or investors, this is the course for you! Stay tuned for how to enroll, starting January 23, the first business day after the new moon gets underway.

MMA Grain Cycles report

January 25, 2023: The first official release of the MMA Grain Cycles report.

The analyst of this new report will be Wyatt Fellows, a top MMTA graduate and owner of a large farm operation in Wisconsin. It will cover Corn, Wheat, Soybeans, and Cotton, from both a cyclical and geocosmic outlook, and also with attention to the fundamentals related to grains. He is excellent! He knows his business! Read more here>>

Gianni di Poce, MMA ETF Monthly Cycles Report

The monthly MMA ETF Monthly Cycles Report was released last week.

Written by MMTA director Gianni Di Poce, this report covers SPY (S&P stock market), GDX (Gold), BITO (Bitcoin), TLT (Treasuries), USO Crude Oil ETF), XLV (Health groups), XLK (Technology), and XHB (home builders, real estate). Now you can get our cycles and geocosmic outlooks for the most popular and traded ETFs, which trade like stocks on the major exchanges. A great compliment to the monthly MMA Cycles Report. For an overview from Gianni about what this new monthly report will cover, check out his ETF Episode on Merriman Market Analyst’s YouTube Channel.

Forecast 2023

 

The FORECAST 2023 eBook can still be ordered!

You can still order the original, English written eBook format edition. And we have to say: this year’s book may be the best one yet. Each year gets better and better.The price for the eBook edition is $55 and can still be ordered in our webshop.

This year’s eBook versions of Forecast 2023 will also be available in these languages: German: www.mma-europe.ch, Japanese: https://www.toushinippou.co.jp and Chinese: www.nodoor.com

Netherlands' AEX Index in 2023

For our Dutch readers who follow the Netherlands' AEX Index, MMA Analyst Irma Schogt wrote a 14 pages, clear Outlook 2023 on The Netherlands' AEX Index.

The overseas market reports for 2023 that are available separately in English include: Japan’s Nikkei, China’s Shanghai Composite, and the German DAX plus Zurich SMI indices. Each is available in PDF format. Each report is about 9-11 pages, with their monthly charts as of November 2022, and a list of their critical reversal dates for 2023.

 

The January Issue of the MMA Monthly Cycles Report Plus+ edited by Pouyan Zolfagharnia, which has become a very popular addition to the MMA Cycles Report (less technical, more visual, high-quality analysis and update on MMA Cycles Report markets) will be issued this week. The mid-month addendum to the MMA Cycles report has very attractive graphics and charts (people love it!) and is very readable. It contains more references and illustrations 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. Cost for a monthly copy of both reports is $55. That will give you both the most recent copy of the MMA Cycles report and the MMA Cycles Report addendum coming out this week. For further information and ordering instructions, please read here>>

ANNUAL MMA FORECAST 2023 WEBINAR with Ray Merriman

 

Events

February 19, 2023: ANNUAL MMA FORECAST 2023 WEBINAR with Ray Merriman.

Save the Date! Starts at 11:15 AM, MST, which is 1:15 PM EST, 6:15 PM GMT, 7:15 PM CET. It will be very early in the morning in Australia, Beijing and Tokyo. In the comfort of your own home or office, you can tune into Raymond Merriman’s annual worldwide Forecast 2023 Webinar. This broadcast will address themes from this year’s Forecast 2023 Book, with updates on financial markets since the book was written in November 2022, including the U.S. stock market, Gold, Silver, Crude Oil and Bitcoin. Cost is $55.00/€ 53, and includes the slides of the presentation, plus access to the video recording of the event. Questions will be answered that are submitted one week before the event if they are deemed of interest to the overall audience. If you are unable to attend live, the video recording will be available the following day. To register, click here>>

 

 

Disclaimer & State 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 Schogt Market Timing & 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.