Money and markets

The Accuracy of Financial Astrology

I received an email the other day from someone asking for the five most accurate financial astrologers which I found interesting. There are several well-known financial astrologers including Henry Weingarten who runs the “Astrologers Fund,” and Ray Merriman who is well-known in astrological circles as a master of market timing. Still, I was unable to find any histories of accuracy, although certainly claims of such accuracy are made.

The fact is, when dealing with predictions on financial cycles there are way too many variables to be able to predict accurately:

  1. The astrological cycles (transits and progressions) that the financial astrologer him/herself is experiencing.
  2. The cycles of the individual investor.
  3. The cycles of the individual companies being traded.
  4. The cycles of CEOs and other company leaders that instigate various behaviors that affect stock performance.

The only trends that are readily visible to the astrologer are the overall planetary cycles such as the kind that we examine in this column and others. Saturn influences tend to create depressions and Jupiter influences tend to provide expansion. Eclipses generally portend changes in the market, as do Uranus influences.

As I’ve written before here, and here, and here, and here, the stock market over the past year has defied all astrological predictions. Eclipse cycles, square of Saturn (disappointment) to Jupiter (optimism), and the square of Jupiter (expansion) to Uranus (sudden change) have all led astrologers to predict abrupt downturns in the markets beginning last summer. None of us counted on the power of the relentless optimism of Pluto and Jupiter traveling through Sagittarius that has kept the markets buoyant despite challenging technicals.

This doesn’t lessen the importance of astrology, but it does demonstrate the difficulty in making accurate financial predictions using these cycles.

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By |2018-11-19T21:28:00-04:00June 19th, 2007|Money and markets|Comments Off on The Accuracy of Financial Astrology

Reality jostles the stock market

Raymond Merriman is a well-known financial astrologer (not, by the way, the gentleman in this photo) who writes this week:

In the meantime, it is encouraging (and reassuring to those of us who study Financial Astrology) to see geocosmic signatures once again correlating with sharp reversals in equity markets. I realize it may be unsettling for those who own stocks, and I do not mean to imply that sharply falling stock prices is a “good thing.” . . . It seemed that almost every geocosmic reversal signature failed to stop this “blow off” in equities since that time, with the exception of February 26-March 5.

Merriman asks whether perhaps Pluto, p.o.ed at his demotion, caused the planets to start working. I instead have correlated this refusal of the markets to listen to planetary doomsayers with the relentless optimism of Pluto in Sagittarius which has now been joined by Jupiter in Sag. For months stocks have risen as the result of investors’ optimism that was unsupported by facts, and last week they fell as the result of pessimism due to a potential rise in interest rates. Still, by Friday the markets had recovered

After Mercury turns retrograde next week and Uranus changes direction on the 23rd there will be five planets retrograde plus Chiron. This is a fairly heavy retrograde period (although not as intense as last summer’s in which we had a whopping seven planets including Chiron in retrograde motion). I would expect some fallback in the markets during this period, particularly in light of the final faceoff between Saturn and Neptune in which our illusions (Neptune) are likely to be punctured by Saturn’s reality check.

Summer is never the best time for the stock market and this might be a good time to sell off […]

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By |2007-06-10T22:31:00-04:00June 10th, 2007|Mercury retrograde, Money and markets|Comments Off on Reality jostles the stock market

Burst Bubbles and the US Chart

image from Worth1000.com

Despite a 6.5% decline in the Chinese stock markets, the Dow Jones and S&P averages relentlessly rose to a new high and the Nasdaq index went up 21 points. Americans are unique in their unabashed optimism and the apparent belief that what goes up need not come down. In that belief we have forgotten the lessons of Icarus, who constructed a pair of wax wings so that he could fly to the Sun. You might remember what happened as those wax wings flew too close to the Sun!
Ever since the birth of the US Americans have doggedly sought expansion (Sagittarius rising in the US chart) with a compulsive need to acquire more and more possessions (Pluto in the second house). Originally it was a land expansion as settlers moved westward in the late 1700s and early 1800s, obliterating native populations in the desire to append more and more land to the burgeoning new nation. One in ten pioneers died making the trek across the country.
Later a telegraph fever swept the country in the mid 1800s, laying more telegraph lines that could possibly be used. Thousands of eager investors lost their life savings. In the late 1800s railroad fever swept the country. Again, more railroad tracks were laid than could possibly be used, and one out of four railroad companies tanked causing a multitude of bankruptcies. In the 1920s credit fever swept the country: now you could buy anything you wanted “on time” with no money, including stocks! Speculation rather than investment fueled the stock market, and when it crashed many people owed their brokers more than they had invested.
In more recent memory, the “new economy” of the dot-com bubble (facilitated by the entry of transiting Pluto into Sagittarius) drove tech stocks to […]

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By |2007-05-31T10:35:00-04:00May 31st, 2007|Favorite posts, Money and markets|Comments Off on Burst Bubbles and the US Chart

Retail sales drop in April

Shop-til-You-Dropposter by Shan Kelly

According to Reuters:

WASHINGTON (Reuters) – Sales by U.S. retailers fell 0.2 percent to a seasonally adjusted $372.03 billion in April as soaring gasoline prices and a slumping housing industry sapped consumers’ appetite for spending, a Commerce Department report on Friday showed.

The report offered persuasive signs that the combined stress from costlier fuel and falling housing prices were turning consumers cautious – spending on building materials took the biggest tumble in more than four years and new-car sales fell by the largest amount since mid-2006.

Excluding automobiles that account for 20 percent of total retail business, sales were flat in April but that was following a 1.1 percent March increase.

The sales figures came in much weaker than Wall Street economists had forecast and will reinforce worry that consumers will have difficulty sustaining their spending punch that fuels two-thirds of national economic activity.

Total retail sales had been forecast to rise 0.4 percent, instead of decline, and sales excluding automobiles also had been predicted to gain 0.4 percent rather than being flat.

The 0.2 percent April sales drop contrasted with a 1 percent March gain. It was the first outright drop in monthly sales since last September when they fell 0.6 percent although total sales were flat in both January and last October.

The drop in retail sales corresponds precisely with the retrograde turn of both Jupiter and Pluto, both of which are in Sagittarius where they are irrationally and exuberantly expanding consumer confidence beyond all reason. In addition, Saturn has been trine Jupiter which adds a steadying hand to the profligate indulgence that Jupiter tends toward if we’re not careful. Add to this the square from Jupiter to Uranus which brings surprising changes, a reversal is not all […]

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By |2018-11-19T21:27:12-04:00May 15th, 2007|Money and markets|Comments Off on Retail sales drop in April

Dow average breaks another record

8417899_sDespite predictions of stock market failure due to the fall and spring eclipse cycle, the stock market continues to defy the odds. Both astrological and financial pundits have been watching for a correction but Jupiter combined with Pluto in the relentlessly optimistic sign of Sagittarius seems to be buoying up the perceptions that drive the stock market. The markets rise with optimism and fall when investors become more pessimistic.

Ray Merriman suggests that the upcoming second phase of the square of Jupiter to Uranus will cause a “sharp reversal” in US stocks. During the second phase of the cycle in mid-May (although the two planets are within one degree in late April), Jupiter is traveling retrograde and Uranus direct as they meet for the second time. While normally we would have to revisit areas where we experienced some quick luck with Jupiter retrograde, a trine from Saturn to Jupiter is likely to stabilize the markets and minimize any sudden shifts of experience. Meanwhile, Jupiter will continue to expand the desire for freedom promoted by Uranus.

Things COULD get very interesting on the 28th when Mars in Pisces conjuncts Uranus and sets off the square to Jupiter. Mars in Pisces often operates secretly so watch for disruptions behind the scenes.

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By |2007-04-22T21:00:00-04:00April 22nd, 2007|Money and markets|Comments Off on Dow average breaks another record
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