Monday, 11 September 2017
Ray Merriman astro thoughts
Now that Mercury has completed its retrograde cycle on September 5, we can focus upon a slew of new geocosmic signatures unfolding in the next three weeks that have historical correlations to reversals in financial markets. First, we note that Venus will be making a grand trine with Saturn and Uranus in fire signs, September 12-17. This is therefore a “translation” by Venus to the long-term 45-year Saturn/Uranus waning trine cycle that in the past has coincided with all-time highs in the U.S. stock market, followed by a significant decline. The Saturn/Uranus trine that correlates with this high takes place three times between December 2016 and November 2017, and when a faster moving planet is also involved, it can time important reversals in equity prices. Perhaps – just maybe - with Venus applying to the grand trine, Hurricane Irma will not be as devastating as newscasters and weather people are forecasting.
Another important geocosmic signature we will be watching closely is the third passage of the Jupiter/Uranus opposition on September 27. The first two passages (December 26 and March 2) coincided with a half-primary and full primary cycle crest respectively in the DJIA, followed by a multi-week decline. In fact, after the high of March 1, the DJIA commenced its longest decline of this year, so far. Given a two-week orb, this aspect has the highest correlation of all geocosmic signatures to the completion of primary cycles in U.S. stocks, according to the studies presented in The Ultimate Book on Stock Market Timing Volume 3; Geocosmic Correlations to Trading Cycles. Thus, I anticipate the next three weeks will be noteworthy for financial markets.
I still keep in mind the great bull market that ended with the stock market high of September 3, 1929, followed by the Great Depression. As discussed before in this column, that was only 9 months into the term of Herbert Hoover, and the last time the country had a Republican-controlled White House, Senate, and House of Representatives. Furthermore, Hoover – like Donald Trump – was not a politician, but rather a successful businessman. He was also not very well-liked within his own party, like President Donald Trump today. The similarities between then and now may be building. Although the current all-time high in the DJIA was one month ago, on August 8, 2017, there was re-test (secondary high) to that high on the September 1, the last trading day preceding September 3. In fact, on September 1, the NASDAQ futures did make a new all-time high, and the very next week (last week), Donald Trump - the master deal-maker - angered many of his fellow Republicans by compromising with the Democrats in order to get aid to the victims of Hurricane Harvey and the debt ceiling increased – for three months (what a deal!). In spite of that bipartisan agreement (the Republicans did not want aid for Hurricane Harvey to be attached to the debt ceiling increase), the DJIA was down nearly 200 points last week. It is not enough to declare the bull market is over, but this is a situation that bears watching. After all, sometimes history does repeat itself in the strangest ways.