I’m not the first to make this observation and I won’t be the last, but the Jupiter station of July 23 doesn’t bode well for the U.S. stock market. Jupiter is starting its retrograde movement, which means its apparent motion from the Earth appears to be backward.
Today’s entrance of Saturn into Libra brings Saturn into opposition with Jupiter, which is not a good thing. Professional astrologers know we’re entering the so-called Cardinal Climax, which is activating the U.S. Venus. In layman’s terms, the country’s wealth will be restructured.
Making matters worse is the entrance of Mars into Libra on July 29, and its opposition with Uranus the next day, promising fireworks of all kinds. The Mars/Saturn conjunction in Libra on July 31 is likely to bring frustration, anger, and resentment for everyone under the Sun.
Unless you’re a professional trader, I don’t think you should have your life savings invested in stocks. See my “About” for my boilerplate. This blog is for entertainment purposes only. I’m not a registered investment adviser with the Securities & Exchange Commission.
However, I did tell folks to get out of stocks on Aug. 13, 2008, a month before the failure of Lehman Brothers triggered a financial crisis. I was motivated to make my prediction by the then-upcoming Aug. 16, 2008 eclipse.