MMA Weekly Comments

Review and Preview

Due to my course here in Buenos Aires this weekend, this week’s column will be short.  

Stock markets were relatively calm last week, trading below the previous week’s high and above the prior week’s low in most U.S. indices. In Japan, the Nikkei made a slightly higher high for this new cycle on Tuesday, but then sold off modestly into the close of the week. The other equity markets are not available to me as I write at the moment, but the point is that it is still indeterminable whether the major geocosmic signatures coming up this week will correlate with the end of a corrective decliner after which prices will rally again, or yet another rally to new cycle highs, after which prices will fall…. or neither. The astrology tells us to look for a reversal August 25-September 5, but at this point the chart pattern is not clear on whether that reversal is likely from a high or low. It could be either. We will monitor it closely in our daily reports.

However, in cases of the past year, the Jupiter-Uranus trine of August 29 has been more of a correlate to crests than troughs, and so our bias is that prices will rally still. Adding support to that outlook is the fact that this coming week precedes the Labor Day holiday of September 4. Generally speaking, the days leading into a holiday are bullish. This is true even when the technical indicators of the prior week are more bearish than bullish, as is the case right now.

In other markets, we note that Gold was soft last week, whereas Silver made a new cycle high. Technically both of these markets look more bearish than bullish entering the August 28-September 5 reversal zone. The same is true with currencies vis-à-vis the U.S. Dollar. But if each of these markets continues to drop into late this week or early the next week, it presents a buying opportunity, according to our methods.

Short-Term Geocosmics

The major aspects coming up this week are indeed major. August 22-27 find Venus touching off the T-square of Jupiter-Saturn-Neptune. One might expect a low to coincide with this time band, which effectively ends by Monday. Then Tuesday finds Jupiter forming its last of three waning trines to Uranus, which in the past has been more bullish than bearish. On the same day, Mars will form a waning square to Pluto, which suggests a geopolitical or terrorist crisis which could involve a threat to lives of many people, within 8 days. This is followed by the first of three passes involving Saturn in opposition to Neptune. If in fact Mars-Pluto correlates with an act of terrorism, or a tragic natural event, then Saturn-Neptune could correspond to a collective sense of grieving. Of course there are positive possibilities under these signatures too, such as act of great compassion and caring exhibited by some world government or spiritual leader, perhaps a call for peace. But usually this signature has more of an association with the breaking of one’s word and promise, and hence disappointment in what could have been a hopeful development. One would think this would pertain to the tenuous conditions in the Middle East. It is not a time to assume that everyone is negotiating in good faith,- and they will accuse the other of the very violation they are committing.

How all this will affect the markets is hard to say. The hopeful endeavors and words may boost the stock market. But if a violation of an agreement also occurs, it will likely depress the markets, and this is certainly a possibility in the next two weeks, especially as the solar eclipse of September 7 is in opposition to Uranus. This can also coincide with inclement weather and the presence of severe storms, even hurricanes in the last week of August and first week of September. In financial markets, it coincides with huge price swings and volatility in early September, right as traders return from the Labor Day weekend.

Long-Term Thoughts

We will resume this section of our report, and our outlook on the mid-term U.S. elections, next week.