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Weekly Forecast: July 7 – July 13, 2008
Sectors: Finance
, Industrial Products
, Market Update
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Summary of This Week’s Influences/All times listed are Eastern Daylight Time (EDT).
- General Influences: The Sun’s opposition to Jupiter in Capricorn Tuesday/Wednesday combined with the Moon in Libra Tuesday to Thursday, emphasize the need to balance personal needs of home/family with professional duties and goals. Jupiter’s energies provide an optimistic but pragmatic outlook in Capricorn, and Mars conjoining Saturn in Virgo gets the energy focused on taking a steady, disciplined approach. It’s a matter of making the most efficient use (Virgo) of time (Saturn). Mars, the planetary energy of action, tends to get impatient as Saturn forces Mars to hit the brakes. Slowing down will get the job done the right way the first time which is a lot more efficient than doing it too quickly and then having to go back and fix it again. In our faced paced instant gratification society, patience can be difficult to embrace. Cultivating patience means being at peace with the process of life knowing that things will come to fruition when the time is right.
Thursday’s aspects are likely to bring some important news (Mercury in Gemini) from NASA’s Mars Phoenix (Pluto) Lander, particularly regarding the ice sample (Saturn) that the Lander will heat up in its oven (Mars) to analyze (Virgo) its composition.
- Stockmarket: Volume and volatility pick up this week. As the largest planet in our solar system, Jupiter represents expansion and largesse. In the stockmarket, strong Jupiter influences manifest as large moves – in either direction as Jupiter tends to exaggerate current market sentiment. The Sun in Cancer opposes Jupiter in Capricorn, an influence in effect Tuesday/Wednesday. Volatility is likely to be highest on Thursday. Mercury finishes up its time in Gemini opposing Pluto. Two (Gemini) influential and powerful people (Pluto) will greatly influence market sentiment, and they come in the form of Fed Chairman Bernanke and Treasury Secretary Paulson testifying before the House Financial Services Committee. Now that Pluto is retrograde and completing its final sojourn in Sagittarius (1995 – November 26, 2008), this is the time to re-examine all the financial excesses (Jupiter rules Sagittarius) of those years.
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