The past two weeks have seen a big rally in the US stock market, buoyed most likely by the conjunction of Jupiter (optimism) and Neptune (dreams and illusions). The presence of Chiron there adds caution to what would otherwise be a much more buoyant grasp at the gold ring with the Jupiter/Neptune alliance. Chiron reminds us of the wounds recently experienced and helps to keep things a bit under control.
The Dow Jones Industrial Average hit a bottom on July 10 which was the day of the exact conjunction of Jupiter and Neptune, and has risen every day since then. Today Venus, the great Attractor, is in an exact trine to the Triple Conjunction (Jupiter, Chiron and Neptune), and the Moon will jump in, forming a Grand Trine with the Triple Conjunction for much of the day. There is tremendous optimism in the air today that can overcome any negativity.
Still, it would be foolish to get caught up in an illusory optimism that drives the markets up temporarily until the reality of Pluto in Capricorn steps in. Pluto turns direct in mid-September, and that will likely mark a return to realism/pessimism. But even before then Saturn (convention and practicality) will begin again to oppose Uranus (all things new and different) in the latter part of August. So we will continue to see some ups and downs for some time to come.
Jupiter and Neptune will collide for one final time (this cycle) in November of this year, but at that same time Saturn will be preparing to square Pluto which can be a big challenge. I would probably not jump into any long term investing yet but it may be an interesting time for a short run.
disclaimer: I have no training in financial advice and this information is provided […]