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Market Preview for the week beginning October 30, 2017

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Market Preview for the week beginning October 30, 2017

Market Preview for the week beginning October 30, 2017

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Review and Preview 

The European Central Bank said it would carry on buying government bonds into next year, but in reduced monthly amounts…. The ECB signaled it was moving away from easy money, but the message was laden with caveats, and the bank left open exactly when, and how, its stimulus measures would end… The decision to reduce QE gently comes amid a rare, synchronized recovery across the world’s major economies, a result of extraordinary efforts by central banks to support growth… Tom Fairless, “ECB Trims, but Extends, Stimulus Steps,” Wall Street Journal, October 27, 2017. -

Happy days are here again
The skies above are clear again
So let’s sing a song of cheer again
Happy Days are here again
Altogether shout it now
There’s no one
Who can doubt it now
Happy Days are here again

- Milton Ager and Jack Yellen, “Happy Days Are Here Again,” EMI Robbins Catalogue/Advanced Music Corp, 1929 (note the year this song was created)

The post-Jupiter/Uranus opposition (September 27) breakout in world equity markets continued last week. It was helped on Thursday when the ECB (European Central Bank) announced it would not yet end its continuing addiction to stimulus (QE) policies, even though its economy continues to improve. The markets cheered, with the stockpile of stimulants retained for the foreseeable future. This means global liquidity is still very strong (for now). In response, several bourses soared to new all-time highs, typical in the aftermath of the Jupiter/Uranus breakout three weeks ago. Once again, this is mirroring many of the conditions present in 1929, when the song “Happy Days are Here Again” was released. You may remember from this column that 1929-1931 was the last time Republicans controlled the Senate, House, and Presidency, and the president-elect (Herbert Hoover) was not a politician, but a successful businessman who was not loved within his own party. Yet, people thought his business-savvy experience would thrust the economy and markets to new heights – and it did, during his first year in office. Then it didn’t.

The glory days are here again, and you can read many starry-eyed commentators claim that this time is different, the good times are here to stay, and stock indices will surely double in price from even today’s lofty levels. They could be right. There are no signs on the horizon of economic or financial troubles directly ahead… unless you consider things like the FED will now end its bond and mortgage-backed securities’ buying programs, which will start to drain – not increase – liquidity in the USA. The money supply will tighten. Or that more and more Baby Boomers will continue to retire and, by law, have to liquidate (sell) 7% of their IRA portfolios every year for the rest of their lives (they are likely to become net sellers, not buyers, of equities). Or that the tax reform efforts that passed their first step toward reality this past week – and also helped cause equity markets to skyrocket – might not be passed in their final form by year end. I will have to go back and see if any tax reduction laws were passed in the balsamic phase of the Saturn/Pluto cycle before. I would not be surprised if the tax reform effort did not pass, for it is usually after the conjunction of the 32-27 year Saturn/Pluto cycle that tax reform/reduction laws are passed, not before . And that cycle doesn’t shift (reach conjunction) until January 2020.

 

Shorter-term Geocosmics and Longer-term Thoughts 

US President Trump apparently asked a gathering of US Republican Senators to give their opinion on the next US Fed Chair by a show of hands. A majority of Senators present declined to participate, presumably feeling that decision-making in this way should end around the time one leaves kindergarten. – Paul Donovan, “Nominating in an Open Outcry System,” UBS morning comment, October 25, 2017.

However, despite the warning clouds ahead that I just described, let’s continue to enjoy these good times while they last. And they could last a little while longer. The “Santa Clause” of all geocosmic signatures could arguably be Jupiter trine Neptune, which will be in a three-passage sequence starting December 2, 2017, and lasting until August 19, 2018. We are in a period of “translation” to this aspect now, because the Sun made a conjunction to Jupiter on Thursday, October 26, and it will make a trine to Neptune on Friday, November 3, thus bringing to the forefront the principles of euphoria and optimism. This is an aspect that makes one feel giddy, infatuated. It is a great time to meet and greet someone special. In terms of bull markets, it can correlate to a temporary peak (crest) in euphoria.

The Sun’s translation to the forthcoming Jupiter/Neptune trine is not the only translation taking place now. Venus is also involved in a translation to the separating Uranus/Pluto square. In fact, it makes a cardinal T-square with Pluto and Uranus, October 27-November 4. The end of this Venus translation on November 4 also coincides with the next Full Moon, so we will see a climax of the current momentum happening by then. Venus pertains to money and love, and in hard aspect to Uranus and Pluto, both these phases of life can be rocked by sudden, unexpected events or changes. So we have one aspect coinciding with love and romance, while the other speaks of sudden break ups. One aspect suggests financial gains where money comes easy, and the other alerts to the possibility of suddenly falling off a cliff financially.

This should be an interesting week. Geocosmic signatures indicate it could be a week or two reflecting the tone of Halloween – trick or treat. Children in kindergarten will probably love it as they bounce between having great fun, being undisciplined and uncontrollably happy, and then being terrified, perhaps by their own self-imagined demons. But the fright probably doesn’t last very long, for more Jupiter trine Neptune treats lies ahead into late November and early December as the holiday season gets underway. It is a great time to feel like a child, but maybe not a wise time to act like one. This is a time when primal instincts can get carried to an extreme.

Note: The purpose of this column is to provide educational insights into the tenets of geocosmic studies as they correspond to economic, political, and socio-psychological matters, as one of several tools that in turn may assist in the practice of financial market timing. This column is not intended, nor should it be used, as an advisory service for trading financial markets, without use of other financial market analysis tools. MMA subscription reports provide that type of advisory service, with specific recommendations for trading.

 

 

Announcements

Forecast 2018 Book

Only two more weeks! … … to take advantage of the best discount on subscription services, along with a Forecast 2018 discount, offered every year. The annual pre-publication sale for the Forecast 2018 Book & (in Dutch) Financiële Vooruitzichten 2018 is now underway. The pre-order special rate is $45, a savings of nearly 20% from the $55.00 price (plus postage) that will go into effect on November 14. You can order it now either in print or in Ebook format, with a Pre Publication Offer, valid until November 15, 2017.

MMA's annual Forecasts Book, written by Raymond A. Merriman since 1976, is one of the most unique, affordable, and accurate glimpses into the coming year. Utilizing the study of cycles and geocosmic factors, this annual Forecast book outlines forthcoming trends pertaining to political, economic, and financial markets throughout the world.

Several forecasts made in the 2017 Forecast Book have already unfolded - and it's only August! Check out a few of the amazing forecasts that were made last year in October/November 2016 in the Scorecard here>>

 

   

The monthly edition of the MMA International Cycles Report (ICR) was released last week to its subscribers. Each issue of ICR contains an in-depth analysis of: the XAU index (Gold and Silver Mining stocks), the U.S. Dollar (DXY), British Pound (GBP), Australian Dollar (AUD), the Australian stock index (ASX), the London FTSE stock index, the Russell 2000 U.S. stock index (RUT), Corn (C) and Wheat (W). The analysis of these markets is written by three of the top graduates of the Merriman Market Timing Academy (MMTA), including Mark Shtayerman (San Diego), Izabella Suleymanova (San Diego), Ulric Aspegren (Sweden), and yours truly, Ray Merriman, on the Australian stock and currency markets. Read more>>

 
midyearwebinar

The Ultimate Book on Stock Market Timing Volume 1: Cycles and Patterns in the Indexes is now out! This is the most comprehensive book ever published on the cycles of the stock market (DJIA, S&P and Nikkei), with analysis going back to the British stock market of the 17th century. A lot has happened since this book was first written in 1997, twenty years ago, including the long-term cycle low of March 2009 in the recent “Great Recession.” All longer-term cycles have been updated, as well as intermediate and shorter-term cycles and their phases.
“The Ultimate Book on Stock Market Timing: Cycles and Patterns in the Index” is literally the ultimate book on the analysis of the stock market. We are especially impressed with various waves of long-term cycles for more than 200 years, which we have never seen.” - T. Kaburagi, Toshi Nippou Ltd (Japan’s major commodity newspaper). Read more here>>

 

MMA Daily and Weekly

Our weekly and daily subscription reports continue to be very profitable this year in almost every market analyzed -especially stock indices. If you are an active short-term trader, or even if you are an investor who likes to keep up with our current thoughts on financial markets, you will be interested in MMA’s Weekly or Daily Market reports. These weekly reports give an in-depth analysis of the DJIA, S&P and NASDAQ futures, Euro currency (cash and futures), Dollar/Yen cash and Yen futures, Euro/Yen cash, T-Notes, Soybeans, Gold and Silver, and Crude Oil, and now, the British Pound! The daily reports cover all stock indices listed above, as well as futures in the Euro Currency, Japanese Yen, T-Notes, Gold and Silver, plus GLD and SLV (the Gold and Silver ETF’s). Both reports provide trading strategies and recommendations for position traders as well as for shorter-term aggressive traders. Subscription to the daily report also includes the weekly report. These reports are valuable to those who trade Exchange Traded Funds (ETFs). Subscription to the daily report also includes the weekly report.

 

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.

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