Weekly Column: The Fed spoke and the markets broke

Review and Preview 

Federal Reserve Chairman Jerome Powell delivered a stern commitment Friday to halting inflation, warning that he expects the central bank to continue raising interest rates in a way that will cause “some pain” to the U.S. economy. – Jeff Cox, “Powell Warns of ‘Some Pain’ Ahead as the Fed Fights to Bring Down Inflation,”  www.cnbc.com , August 26, 2022. 

The Fed spoke and the markets broke.

After forming a half-primary cycle crest the prior week as the Sun made a T-square with Saturn and Uranus, followed by the Venus/Jupiter trine, stocks sold off into the Uranus retrograde of Wednesday, August 24.They then staged a 2-day rally into Friday August 26, as Venus moved into its T-square with Saturn and Uranus (August 26-29).

And then the Fed spoke. Uranus awoke. And then stock markets broke. By the end of the day (August 26), the DJIA closed down over 1000 points, and its lowest level this month. Just two weeks ago it was at its highest level since April. This is the volatility and sudden reversals to be expected from the unexpected nature of multiple Uranus signatures in effect at once. This is the lightning bolt and pain that Uranus can afflict. First you are up, then you are upside down. There’s a whole lotta’ shakin’ goin’ on as August comes to an end, just as we suspected.

This series of powerful geocosmic signatures ends as the pre-market opens Sunday evening with Venus in opposition to Saturn. And what do we know about hard aspects between Venus and Saturn? Any market declining into this aspect is a candidate for a low and a rally to follow. In short, a buy candidate, assuming your intraday indicators support a reversal.

That’s it for this week. Enjoy the week ahead, be careful with the new Moon square Mars Friday night, early Saturday, and be prepared to be inspired under the innovative, inspirational, but disruptive nature Uranus changing directions near the Moon’s North Node.