Friday, January 7, 2011
Ray Merriman update
When was the last time you checked over at Ray Merriman's site Merriman Market Analyst?
For those of you who invest you should give it a read---just to make sure your money is in a place that is safe and growing. "Huh, growing, what's that?"
Last week, stock markets around the world did indeed go higher. Many soared to their highest level in over 2 years, including U.S., Argentina, and several European stock indices (i.e. German DAX, London FTSE, and Amsterdam’s AEX). At the same time, Gold, Silver, and Crude Oil fell rather sharply, which is understandable when investors see the prospect of tax stability combined with signs of economic growth, and the continuance of historically low interest rates. Stocks have more upside potential in this type of inflationary environment.
All in all, it is a good beginning to a new year. The question is: how long will it last? The very positive Jupiter-Uranus conjunction took place last Tuesday, January 4, along with a solar eclipse. Interestingly enough, the high in many of these stock indices was the day after, January 5. Jupiter-Uranus is one of the most consistent and powerful geocosmic correlates to primary cycles in stocks within an orb of 11 trading days. Of course, the closer to the exact date, the better. So we will watch and see if this is just a temporary correction, or the start of something more ominous, in both stocks and precious metals. My guess is that any decline is just temporary in regards to stocks, and if correct, we could see another powerful advance once it is over. After all, the “Asset Inflation Express” isn’t due to end as long as Jupiter remains in Pisces and Aries, along with Uranus doing the same. But longer-term, Uranus in Aries (2011-2018) may be an accident waiting to happen, due to carelessness, arrogance, miscalculation, and over-speculation.
Also, since we are talking about using astrology for stock market advice...Consider TED PHILLIPS....he is listed on my Favorites column..but you can find him HERE