I don’t know how often Monica’s Admirer checks in at Astrology Mundo, but I wasn’t surprised to see today’s 289-point drop in the stock market.
Why? Well, Venus turned direct on Apr. 17 and during its retrograde, stocks staged a rally. So it’s a good possibility now that Venus is moving forward from the perspective of earthlings that the rally will run out of steam.
I’m not the only one subscribing to this school of thought. Check out Ray Merriman’s post for this week.
Another reason why stocks may be resuming their descent is that the Sun has moved into Taurus, which is the sign of the New York Stock Exchange incorporation chart. That in and of itself is not a bearish indicator. It’s just that the Sun is moving toward a square with Neptune and Jupiter in Aquarius in the sky.
As Merriman points out, the combination of Neptune and Jupiter can be quite inflationary, but I think the challenging aspect from the Sun will make this a negative influence on stocks. Stay tuned.
As I’ve often pointed out, I’m not a registered investment adviser and this blog is for entertainment purposes only. I also bought my house at the top of the market in August 2005, so my financial acumen is clearly limited.