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Market Preview for the week beginning November 21, 2022
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Index 26 November 2022

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Market Preview for the week beginning November 21, 2022

Market Preview for the week beginning November 21, 2022

Market Preview goes to Members by email for free

 

NOTE: This will be a shortened trading week in the U.S. due to Thursday’s Thanksgiving holiday. Also, this will be a shortened weekly column due to the deadline for getting the Forecast 2023 Book. The book is done as of Thursday evening. Typesetting and corrections today through Sunday are in the final push.

 

 

Review and Preview

NOTE: This will be a shortened trading week in the U.S. due to Thursday’s Thanksgiving holiday. Also, this will be a shortened weekly column due to the deadline for getting the Forecast 2023 Book into the printer on Monday morning. The book is done as of Thursday evening. Typesetting and corrections today through Sunday are in the final push.

Global banking giants are starting a 12-week digital dollar pilot with the Federal Reserve Bank of New York. Earlier this month, Michelle Neal, head of the New York Fed's market's group, said it sees promise in using a central bank digital dollar to speed up settlement time in currency markets. – Lananh Nguyen, “Banking Giants and New York Fed Start 12-Week Digital Dollar Pilot,” Reuters, November 15, 2022.

St. Louis Federal Reserve President James Bullard said Thursday that “the policy rate is not yet in a zone that may be considered sufficiently restrictive.” He suggested that the appropriate zone for the federal funds rate could be in the 5% to 7% range, which is higher than what the market is pricing. – Tanaya Micheel and Alex Harring, “S&P 500 Closes Higher on Friday, but Ends Week with Losses,” www.cnbc.com, November 18, 2022.

The DJIA followed the lunar cycle to a ‘T’ last week with a new high on Tuesday and a low on Thursday, followed by another healthy rally on Friday. Tuesday was the day of Venus trine Jupiter (‘Law of Abundance’ signature) and Thursday was the Moon in Virgo headed to the Mars/Neptune square. The U.S. stock markets basically paused their prior gains since the primary cycle low of October 13, when Mars also squared Neptune. It’s doing it again this weekend, only this time Mars is retrograde and the market is closer to a new cycle high than low.

Gold and Silver also made new cycle highs on November 15 as the Venus/Jupiter trine unfolded. However, their highs were related to heliocentric Mercury transiting through Sagittarius, November 13-25. Crude Oil took a beating last week, dropping to 77.59 on Friday, testing its recent primary cycle trough on September 26 when Jupiter made its double semi-square (and mid-point) to the Saturn/Uranus square, which was the most powerful geocosmic configuration of the year (more on Crude Oil below). And Bitcoin, strangely enough, held its recent yearly low on November 10 despite the dramatic bankruptcy of FTX and the loss of billions of dollars and possibly over one million investors in its exchange. What a debacle, but entirely consistent with the basic principles of Saturn (loss) square Uranus (sudden and chaotic) in Taurus (money and banks). November 10 was the middle of the “translation” of the departing Saturn/Uranus square by both the Sun and Venus, November 5-11. Is it over, or will there be another earth-shaker (Uranus) as Jupiter moves towards its third and final semi-square to Uranus on December 23?

 

Short-term Geocosmics and Longer-Term Thoughts 

The President is announcing that the Administration intends to repurchase crude oil for the SPR when prices are at or below about $67-$72 per barrel, adding to global demand when prices are around that range. – The White House Statement and Release, October 18, 2022.

With Mars square Neptune this weekend, and with Jupiter retrograde in Pisces October 29 through December 20, Crude Oil may be setting up for an important move. This may be supported by the political situation, too.

First, the astrology, then the politics and finally a trade idea. Jupiter and Neptune, as well as their ruling signs of Sagittarius and Pisces, have dominion over Crude Oil prices according to our studies and each are highlighted over the next month. Mars is a trigger to financial markets whenever it makes a hard aspect to another planet. It is especially relevant to the sector of financial markets related to that other planet.

Mars is retrograde now, which means it will form three squares to Neptune. The first was on October 13 (the day of the yearly low in DJIA), before it turned retrograde. Crude Oil had just topped out on October 10 at 93.64. It then fell to a low of 81.30 on October 18 as the White House put out the statement quoted above. This was a secondary low to the primary low that happened on September 26, which was an MMA 3-star gecosmic critical reversal date (CRD), described above. It was trading at 76.25 that day. For the next three weeks it rallied again, up to a high of 93.74 on November 7. It was not going the President’s way. Now, as Mars returns to its second square to Neptune, Crude Oil is back to 77.59 and challenging the lows of September 26. It is finally below the level at which President Biden sold the reserves a month ago. In other words, his trade is “in the money” at the moment.

President Biden, who will celebrate his 80th birthday (solar return) on Sunday with Mars rising and square Neptune, often states he doesn’t pay attention to the stock market. But apparently, he is willing to be a trader of Crude Oil with the nation’s treasury, and is not reticent about making his trading plans known publicly (unlike most traders). Crude Oil is now nearing the price of his call to buy at a profit from whence he sold last month The stated purpose of buying will be to replenish the stock of the nation’s Strategic Petroleum Reserves that he sold (probably close to the low of October 18). Now, will traders ‘fade’ his public pronouncement of when he will buy (probably)? Will he have the courage and discipline required of a successful trader to carry out the trade before it turns against him (us)? And if he does, what does that say about near-term price projection for Crude Oil with all that buying coming in? While Jupiter is still in Pisces? What does it say about America’s readiness to cope with any sudden or escalating international military threats if he doesn’t replenish? You get the picture. If you are a trader and paying attention, this could be a very prosperous holiday season. You may be grateful for a leader who gives his people (and our adversaries) such clear financial guidance on his trading strategy for a “big order” ahead of time. Perhaps we should call him “Trader Joe.”

 

 

Announcements 

 The new MMA ETF Monthly Cycles Report

 

The November issue of the MMA ETF Monthly Cycles Report

was just released Thursday night, November 17. Written by MMTA director Gianni Di Poce, this report covers the following ETFs: 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 MMA’s 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! Sign up now for the best rates available before the standard rates go into effect shortly.

 

MMA Cycles Report + Mid-Month Addendum

The NOVEMBER-DECEMBER issue of the MMA Monthly Cycles Report Plus+ . written by Pouyan Zolfagarnia was just released Thursday night, November 17. will be issued this week (Monday evening, November 21). TThe 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. Read more here>>

 

FORECAST 2023 eBook is completed as of November 17 and on schedule to be released by December 17.

Written by Raymond Merriman, the preliminary outlook is that 2023 will be another very important year with Pluto starting its 20-year transit through Aquarius.

We will again publish an individual book dedicated to the yearly trends for the twelve individual signs. The eBook, Trends for the Twelve Signs 2023, will be written by Antonia Langsdorf-Merriman and Raymond Merriman. Antonia has written an annual Sun Sign book in German for the past several years, based on interviews conducted with Raymond beforehand. We will follow a format this year where Langsdorf will cover the health and relationships outlook and Merriman will cover the business, career, and overall psychological outlook of each sign for the year. The cost of this Ebook will be €25, with a further discount if ordered together with the Forecast 2023 Book

We offer discounts to our Forecast Fan Club Members and our Active Subscriber Club members. Check out our page on Forecast Club Levels to learn more about these discounts.

This year’s printed and eBook versions of Forecast 2023 will also be available in these languages:

German: www.mma-europe.ch/<.a> or email at info@mma-europe.ch

Japanese: https://www.toushinippou.co.jp/

Chinese: eee.nodoor.com

The new MMACYCLES GRAIN REPORT

 

ANNOUNCING THE NEW MMA CYCLES GRAIN REPORT!

It’s coming in late January 2023. Edited by top MMTA graduate Wyatt Fellows, this report will provide excellent cyclical and geocosmic analysis on Soybeans, Corn, Wheat, and Cotton. Wyatt owns and operates a large farm in Wisconsin and has a deep understanding of the cycles and fundamentals connected with grain markets. This is a report that all farmers, people connected with the grain business, and traders will want to have access to. We have sent out two Cotton studies by Wyatt so far and the response has been excellent. We will be sending a free sample of this new grain report before January, at which time you will be able to sign up and subscribe to this report if you wish for a special introductory rate. Stay tuned!

   

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.