Please note that I am taking a one-week vacation starting Sunday, March 13. There may not be a column next week. It depends on whether I will have internet capability on the remote island I will be visiting, and if I feel up to writing a column while on vacation.


REVIEW AND PREVIEW

“Just weeks after Wall Street was preparing for the impending apocalypse comes talk that now would be a good time to raise interest rates… There's virtually no chance of that happening — literally zero, according to the CME's FedTracker tool. However, a small but growing chorus on the Street believes the Fed is missing an opportunity. They contend that the volatility that hit markets from mid-2015 through the early part of February has past. Employment gains have continued, energy prices have bounced and the S&P 500 has jumped more than 7 percent during the period.” – Jeff Cox, “Calls Grow for Fed to Hike Rates in March,” March 10, 2016, www.cnbc.com

Talk about a contrary opinion, or an extreme investor sentiment reading. Yet it fits the geocosmic climate now in force through June. We are entering one of the most highly active geocosmic time bands of the year, containing very significant and long-term planetary combinations. In anticipation of this unique time period, we have now completed and posted a special interview on the “The Incredible Spring Lineup of Geocosmic Signatures, ” released on Wednesday, March 9, at https://www.youtube.com/watch?v=1XmXu276zUE&feature=youtu.be. The interviewer was German journalist and astrologer Antonia Langsdorf. Immediately after this interview was posted, Iran violated the USA/Iran nuclear agreement, which was one of the topics covered in this interview. This is classic example of the mutable T-square, with Jupiter/Saturn/Neptune. For markets, this means sharp rallies amidst irrational exuberance, followed by panic, fear, and hysteria, in short order (perhaps every couple of weeks).

In terms of financial markets, last week’s solar eclipse in Pisces was noteworthy. Many world equity indices made new highs for this cycle, following their lows of January 20 and/or February 11. Gold and the euro also had significant weeks.

In Europe, all the indices that we track rallied last week to their highest levels in several weeks. The Netherlands AEX rose to a high of 449.62 on March 10, up 18.7% from its primary cycle low of 378.53 on February 11. The German DAX got to 9995 on March 10, up nearly 15% from it slow of 8699 on February 11. London’s FTSE index topped out at 6216 on Monday,

March 7, up 13% from its 5499 low on February 11. And the Zurich SMI rallied to 8095, up 9% from its low of 7425 on February 11. The star performer in Europe continues to be the Russian MICEX Index, which soared to 1902 on March 7, its highest mark since June 2008 (almost 8 years ago). I think they like the idea of President Donald Trump working with Vladimir Putin.

In the Far East and Pacific Rim, the rallies were not so spectacular, other than in Australia, where the ASX rose to its highest level since January 6, and Hong Kong, where the Hang Seng Index made its highest mark since January 8. Japan, China, and India, on the other hand, had rallies that were not too remarkable. Japan’s Nikkei did not exceed its high of the previous week, made on March 4, right in line with MMA’s March 4-7 geocosmic reversal zone.

The Americas performed much better. The DJIA, S&P, and NASDAQ Composite indices all made new cycle highs on Friday. Brazil’s Bovespa rallied to its highest mark since August 2015. The Argentina Merval Index was also strong, soaring to 14,450, and testing its all-time high of 15,260 made November 23. On January 20, it was down to 9812, so you can see this current rally has been a rise of nearly 50% in less than two months. What a difference a new and popular leadership makes.

Gold was also strong last week, rallying to 1287.80 intraday on Friday, March 11, its highest price since January 28, 2015. Silver, on the other hand, could only get to 1575, below its 1600 level of February 11, for a case of intermarket bearish divergence, as Mars now leaves its comfort zone in Scorpio for Sagittarius. Historically, precious metals are bullish when Mars is in Scorpio, as was the case this time, witnessing a 20+% rally in Gold in less than 3 months. Crude oil was also bullish last week, rising to 39.02 on Friday. This is now up nearly 50% since its low of 26.05 on February 11. This is consistent with our expectations under Saturn square Neptune, as described in both the Forecast 2016 Book and our January webinar. However, we now head into the second passage of Jupiter square Saturn, which could change the trend in crude oil prices and world affairs, described in our new YouTube video.


SHORT-TERM AND LONGER-TERM GEOCOSMICS

Here we go. Between March 6 and March 26 there will be ten important geocosmic signatures unfolding. Some of these involve long-term planetary aspects, like the Jupiter/Pluto trine this week, March 16, and the Jupiter/Saturn square of March 23. Markets don’t always reverse right on the date of a long-term planetary signature, but these cosmic events are useful for timing longer-term cycles within nine months, and usually just three months or less. They are also useful for understanding the psychological dynamics in effect for world political and banking leaders, as well as changes of focus in world markets.

In politics, there can be no doubt that the dynamics are changing rapidly, especially in the USA. Donald Trump is revolutionizing the Republican Party. Conservatives are losing their power, while a new breed of independents and dissatisfied Democrats are crossing over to support him. Others, however, are leaving the Republican Party, and will probably sit out this election. You either love him or hate him. His approval and disapproval ratings are extreme, as are those of Democratic contender Hillary Clinton. Typical of the mutable T-square, the populace will alter wildly between supporting one candidate and then the other, all the way into September, if not into the November election itself. In September, the last Saturn/Neptune square passage takes place, and one day earlier (September 9), Jupiter leaves Virgo for Libra for the next year. Sanity starts to return to politics. Or, political leaders start behaving a more maturely. It seems strange they would do this going into the last two months of the election, but that is what the cosmos suggests – unless the solar eclipse in early September, in opposition to Neptune, overrides this.

However, the current wildly swinging pendulum is not reserved just for the political arena. It is also applicable to the economies of the word, and hence financial markets. Europe went further into negative interest rate territory last week, while also embarking upon yet another QE bond buying program, this time including corporate bonds (oh, oh, the slope is getting slippery). In response, the Euro currency fell to first a new multi-week low, followed by a new multi-week high, both on the same day (March 10), as ECB Chair Mario Draghi further announced that he doesn’t foresee a need for further stimulus. But wait a minute. He is a mutable Virgo sun sign, and the T-square of Jupiter/Saturn/Neptune is in mutable signs. Things change quickly now because of all this mutable energy, and no mutable sign can honestly say that this will be the last change they will make for a while. They will be changing their outlooks – and decisions - every few weeks! And so will the stock market trends of the world. Mutable energy is not stable energy, like fixed signs or most earth signs would be (excluding Virgo for the present time). It is highly changeable. One must be flexible, but one must also be careful of appearing to be forgetful (or fickle) of what one said.

Jupiter trine Pluto this Wednesday probably holds up the stock and crude oil markets for another day or two. Then, the energy shifts to Jupiter square Saturn, March 23, followed by Saturn turning retrograde, March 25. It is March Madness time, and in this case, madness probably extends to both the political and economic realms. Hope and optimism may get tested with a strong dose of Saturn reality when this week passes, especially concerning agreements between word leaders (like Iran and the USA). This is a time when trust is tested, and those who violate agreements are called out. It may also be the time that President Obama reveals his choice for the next Supreme Court justice, and it probably won’t go over very well.

So, sit back and enjoy the political entertainment. There is not much else you can do when grown men and women decide to act out their alter egos in public, in search of satisfying their recognition hunger needs.

Disclaimer and statement 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 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 cycles’ 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 the 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.

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD edges lower toward 1.0700 post-US PCE

EUR/USD edges lower toward 1.0700 post-US PCE

EUR/USD stays under modest bearish pressure but manages to hold above 1.0700 in the American session on Friday. The US Dollar (USD) gathers strength against its rivals after the stronger-than-forecast PCE inflation data, not allowing the pair to gain traction.

EUR/USD News

GBP/USD retreats to 1.2500 on renewed USD strength

GBP/USD retreats to 1.2500 on renewed USD strength

GBP/USD lost its traction and turned negative on the day near 1.2500. Following the stronger-than-expected PCE inflation readings from the US, the USD stays resilient and makes it difficult for the pair to gather recovery momentum.

GBP/USD News

Gold struggles to hold above $2,350 following US inflation

Gold struggles to hold above $2,350 following US inflation

Gold turned south and declined toward $2,340, erasing a large portion of its daily gains, as the USD benefited from PCE inflation data. The benchmark 10-year US yield, however, stays in negative territory and helps XAU/USD limit its losses. 

Gold News

Bitcoin Weekly Forecast: BTC’s next breakout could propel it to $80,000 Premium

Bitcoin Weekly Forecast: BTC’s next breakout could propel it to $80,000

Bitcoin’s recent price consolidation could be nearing its end as technical indicators and on-chain metrics suggest a potential upward breakout. However, this move would not be straightforward and could punish impatient investors. 

Read more

Week ahead – Hawkish risk as Fed and NFP on tap, Eurozone data eyed too

Week ahead – Hawkish risk as Fed and NFP on tap, Eurozone data eyed too

Fed meets on Wednesday as US inflation stays elevated. Will Friday’s jobs report bring relief or more angst for the markets? Eurozone flash GDP and CPI numbers in focus for the Euro.

Read more

Majors

Cryptocurrencies

Signatures