The USA cash indices made new all-time high

REVIEW

An announcement on who will lead the Federal Reserve in 2018 and beyond could come in the next few weeks, President Donald Trump said Friday. The announcement comes amid reports that the president has interviewed former Fed Governor Kevin Warsh and current Governor Jerome "Jay" Powell in recent days. – Jeff Cox, “Trump Says He Will Make Fed Chair Decision in Next 2 to 3 Weeks,” www.cnbc.com, September 29, 2017.

Tom Price, secretary of the U.S. Health and Human Services Department, resigned Friday amid a furor over his taking more than two dozen costly private plane trips instead of less-expensive commercial flights... Price's private travel, added to his use of military jets for overseas trips, has cost taxpayers more than $1 million. – Jacob Pramuk and Dan Mangan, “Tom Price Resigns After Outrage Over Private Jet Flights,” www.cnbc.com, September 29, 2017.

In the week that was… the last passage of the Jupiter/Uranus opposition on September 27, world equity markets reacted strangely, which should be no surprise to those who are attuned to geocosmic studies. That is, any time Uranus is highlighted, strange and unexpected (even unpredictable) phenomena are common. “Strange” is more the norm; the “unexpected” is to be expected. What was strange about last week is that many stock indices soared to new yearly and even all-time highs. Others fell short. And still others fell to new multi-week lows.

Let’s start with Asia and the Pacific Rim, where none of the stock markets that we track made a new multi-month or all-time high last week, except for the MICEX (Russia is half-Europe, half- Asia). The Japanese Nikkei and Hong Kong’s Hang Seng indices posted yearly highs the prior week, but were unable to follow through last week. India’s Nifty index also recorded its all-time high on September 19, the prior week, but declined into last week’s Jupiter/Uranus opposition. China raced to its highest level since January 2016 three times between September 6 and 12, but that was 2-3 weeks ago. And Australia made a double bottom on September 21 and 26 at the very critical 5700-5710 support level, with little sign of relief ahead.

In Europe, the AEX, DAX, and SMI all exhibited impressive rallies, but not to new all-time or multi-year highs. The DAX and AEX are within striking distance as the Jupiter/Uranus opposition remains well within its normal orb of 12 trading days for a new all-time or multi-year high or low. The London FTSE, on the other hand, is well off its all-time high of 7599 made on June 2.

In the Americas, all the USA cash indices made new all-time highs, but not the NASDAQ futures. All-time highs were also made in Argentina and Brazil. It was a good week to be an American, or invested in American stocks.

In other markets, Gold and Silver dropped to new monthly lows, their lowest levels since the eclipse period of August 7-21, and well below their multi-month highs of September 8, just three weeks ago. T-Notes and currencies also fell rather hard into the Jupiter/Uranus opposition last week, while Crude oil soared to its highest price since April 17 when Venus ended its retrograde motion. Crude Oil is especially interesting because its high was on September 28, just one day after the Jupiter/Uranus opposition. Jupiter is the co-ruler of crude oil, along with Neptune.

 

SHORT-TERM GEOCOSMICS AND LONGER-TERM THOUGHTS

The US economy expanded an annualized 3.1 percent on quarter in the second quarter of 2017, above a second estimate of 3 percent and beating market expectations of 3 percent. It is the strongest growth rate since the first three months of 2015, the final estimate from the BEA showed. “U.S. GDP Growth Revised Higher to 3.1% in Q2, www.tradingeconomics.com, U.S. Bureau of Economic Analysis, September 28, 2017.

Jupiter/Uranus is the most important geocosmic signature correlating with market reversals that is in effect now. However, there are others. One factor to note is that transiting Jupiter is ending its 13-month journey through the air sign of Libra on October 10. For the past month (since September 1), Jupiter has been conjoining the Jupiter/Neptune conjunction in the New York Stock Exchange natal chart (May 17, 1792). In other words, the U.S. stock market has been undergoing its Jupiter return, September 1-29. That ends now. In the field of astrology, Jupiter is considered “the great benefic.” In Financial Astrology, it correlates with economic growth, and indeed, the USA economy has grown, with last quarter’s GDP finally back above 3% for the first time in over two years. Along with that, the USA stock markets have also soared to several new all-time highs. This fits the expected pattern with Jupiter in an air sign, especially in Libra, where it makes its Jupiter return (transiting Jupiter conjuncts the stock market’s natal Jupiter).

Interestingly enough, President Donald Trump also has his natal Jupiter in Libra, and hence the last year has witnessed his Jupiter return too. Can the stock market continue to rise as Jupiter prepares to begin its next 13-month journey through the underworld of Scorpio? Can Donald Trump’s “luck” continue then as well, since Scorpio rules investigations, revelations of things done secretly, removals, and endings of alliances? With Jupiter, there are apt to be a lot of changes – firings and hirings – especially affecting those who have planets in air signs that will no longer be in cosmic harmony with the “great benefic.”

But let us consider more sexy matters. After all, Venus and Mars are coming together on October 5, while the Sun is in the relationship sign of Libra. In the four days before that, both planets will make a trine to Pluto, which is even more sexy. Consider that Venus is the planet pertaining to money and love (it is hard to have one go well without the other, perhaps because the meaning of Venus can be “lust” as much as “love”). Mars is the planet of fiery passion, the urge to approach others (to do “what” is a good question to ask when you see them approaching). And both Venus and Mars make a favorable trine to Pluto, the planet of intensity (as well as taxes, debt, and deficits). On a personal level, many souls will be attracted to one another. Actually, it is not the souls that are attracted, but the physical bodies themselves. But the attraction can be so strong and positive that it “feels” like something deeper (assuming there is such a thing as something deeper than purely physical attraction – or taxes). The real test to these attractions (and tax proposals) will come the following week when those same two planets – Venus and Mars – move from a trine to Pluto to a square with Saturn, October 8-11. The pendulum swings from love to suspicion, from acceptance to interrogation. What were you thinking? And what do you do now? Face your own words and honor, and work through this, or run? These are human experiences that determine (or reveal) one’s true character.

This is not a good time to go into a battle without enough support for your point of view. You may think you are right, but being right doesn’t mean you win the war. It is a good motto to remember when a market (or lover) turns for no apparent reason. No money, no love. That’s the (Tom) Price you pay. There are no free lunches this month. Don’t get married to any position until after October 11. And finally, as traders, remember another one of our mottos: any market that declines into a hard Venus/Saturn aspect is a good “buy” candidate. Any lover that doesn’t return shortly after that passage is a “good-bye” candidate.