MMA Weekly Report Nikkei Stock Average By Raymond Merriman May.5 2025
1. Review
Last week, the Nikkei average closed at 36,830, up 1,125 points from the previous week. The week's low was 35,773 on Monday, April 28, and the week's high was 36,976 on Friday, May 2. Since the closing price for the week surpassed the weekly resistance level, sentiment was bullish. Furthermore, this closing price also surpassed the Weekly Trend Indicator Point (TIP) for the second consecutive week. Therefore, the underlying trend remains in a neutral state.
2. Cycles
As I explained in my book “Forecast 2025,” the Nikkei has a long-term market cycle of 17 years. The starting point was 6,994 on October 28, 2008. This cycle is divided into two 8.33-year cycles, with the first half ending at the “double bottom” of 14,864 on June 24, 2016 and 14,865 on February 12, 2016. From here, the second half (the 2nd–8.33-year cycle) began. And 2025 is the 17th year of the 17-year cycle.
For more, please refer to the PDF file.
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◎ We are currently streaming the Spring WEB Seminar.
■ Part 1: When the Pinch is the Biggest Opportunity — Looking for Profit Opportunities in the Second Quarter —
Speaker: Takashi Kabutomiki
(President, Investment Daily Co., Ltd.)
【Main Themes】
・ What to do during the most important time window in the first half
・ Stocks with weak risk, strong gold
・ Blind spots in the currency market
■ Part 2: Follow-up & Updates on “Forecast 2025”
Speaker: Tomohisa Hayashi
(Editor-in-Chief, Forecast, Investment Daily Co., Ltd.)
At first, this study session was planned to include a supplementary Bitcoin explanation, but due to global market fluctuations in April, several stocks where the premises of the points discussed in the first session collapsed appeared.
Therefore, this time, translators who handle Meriman’s monthly and weekly reports, and editors of the Nakahara Report and Investment Daily α, will provide a follow-up and update to “Forecast 2025” based on the latest data and views on market cycles.
