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YOUR WEEKLY ASTRO-TRADING PLAN
IN THIS ISSUE:
Comment
E-Sales Soaring
Surplus and Scrap
A Thought for Your Pennies
CDs and DVDs
A Day Off
The Week Ahead in Earnings
The Economic Calendar
Astrological Dynamics
Spiritual Focus for the Week
Global Equities Markets
U.S. Equity Trends
Financial Cycles Model Portfolio
Market Sector Strength and Weakness
Astro-Trading Gann Plan Calendar
Stocks to Watch
COMMENT: Just as I had anticipated, the
markets continued their
positive trend last week, in spite of the fact that there was a
noticeable slowing of momentum among the small-cap issues. Thanks to
seasonal and cyclic indicators as well as some strong astrological
support, I expect the coming week to be a positive one for stocks as well.
HO HO HO ONLINE
My comment last week about the disappointing retail situation provoked a
response from a loyal subscriber in Arizona. He noted that while there
indeed are plenty of parking spaces at the retail malls, a lot of this
season's purchasing is taking place online.
It was a point well taken. In fact, according to some industry
estimates, this year's e-commerce sales are tracking as high as 25
percent above last year's numbers. Even more impressive, it is the
retailers who have a strong internet presence as well as solid
bricks-and-mortar marketing that are now showing the strongest results.
And while these results are hardly sufficient to justify rosy forecasts
for the economy as a whole, they certainly reveal something about the
size of the paradigm shift we are experiencing as we continue our
transition from a purely goods-and-services economy into an expanding
Information Age.
AUTO INVENTORY WOES
Thomas W. LaSorda, the CEO of Chrysler, has been in the hot seat
recently after the company's revelation that it has been building tens
of thousands of automobiles just to keep the company's factories
running. Right now the firm has a huge inventory of unsold vehicles, not
only including the cars on dealers' lots around the country, but also
those extra vehicles that weren't even ordered in the first place.
LaSorda says he's taking responsibility for the situation and will
figure out how to turn things around, but so far no specific plans have
been made public.
With Chrysler's profitability in the coming months is now seriously in
question, perhaps Mr. LaSorda should take a cue from the Mazda Motor
Corporation. The Japanese company has just announced that it's planning
to scrap about 4,700 new cars rather than send them to its retail stores.
The cars that are now on their way to the scrap heap were left for about
a month on a cargo ship that almost capsized in the North Pacific on its
way to the United States in late July. Most of the vehicles had no
visible damage after the incident, but after they had been left hanging
suspended at a 60-degree angle aboard the listing cargo ship for several
weeks, the Japanese automaker has concluded that it can't guarantee
their quality for consumers. So Mazda just decided to throw the whole
bunch in the trash.
COUNTING MY CHANGE
It's been an odd thing that I've noticed with increasing frequency
recently. I'll make a small purchase somewhere, and give the sales clerk
cash. My bill might be, say, $9.82, and I'll present a $10 note. But
when I get my change, the clerk will hand me two dimes, effectively
giving me a two-cent discount.
The first time this occurred, I didn't think much about it. But the
practice has become more frequent, and in all sorts of establishments.
So it got me to wondering--at least until the announcement that came
from the government last Wednesday.
That's when the word came out about a new federal regulation that makes
it a crime to melt down US coins, specifically pennies and nickels. The
new ban also includes a prohibition on leaving the United States with
more than five dollars in pennies and nickels in one's possession.
The new laws are yet one more side effect of the disastrous decline in
the value of the dollar. This phenomenon, along with skyrocketing prices
for commodities like copper, zinc, and nickel, has brought the intrinsic
value of the coins radically out of alignment with their face value. The
one-cent coin, the copper penny, contains metal that is now worth
slightly more than two cents, while the five-cent nickel has an
intrinsic value of nearly seven cents. You'll find a handy guide to the
current melt value of U.S. coins at http://www.coinflation.com.
According to Ed Moy, the Director of the U.S. Mint, "We are taking this
action because the Nation needs its coinage for commerce. We don't want
to see our pennies and nickels melted down so a few individuals can take
advantage of the American taxpayer. Replacing these coins would be an
enormous cost to taxpayers."
While I don't currently have any plans for collecting pennies and
melting them down, I do find it helpful to know what the money is really
worth. And I think I'll pay a little more attention to getting the
correct change when I make a purchase.
THE NEW COURSE IS NOW SHIPPING
The new CD/DVD edition of my best-selling Basic Stock Market Astrology
Home Study Course is now being shipped! If you'd like information about
the course, or about how you can get a copy for yourself, give me a call
at 941-921-2588 or send me an email at tim@timbost.com.
HOLIDAY SCHEDULE
Because the markets will be closed next Monday for the Christmas
holiday, the next issue of FinancialCyclesWeekly will be arriving in
your email inbox on Tuesday morning, December 26.
NEWS AND UPDATES THROUGHOUT THE WEEK
Be sure to check my website for the latest news and special offers; it's
updated several times each week. Go to www.TimBost.com
and click on
"Latest News." While you're there, check out the "Top Listed Site
Astrology" button for links to other astrological resources.
*****
THE WEEK AHEAD IN EARNINGS
This week I'll be watching the earnings reports from Oracle (ORCL),
Cintas Corporation (CTAS), Circuit City Stores Inc. (CC), Darden
Restaurants (DRI), Morgan Stanley (MS), Palm, Inc. (PALM), Bed Bath and
Beyond Inc. (BBBY), Biomet, Inc. (BMET), Family Dollar (FDO), FedEx
(FDX), Jabil Circuit Inc. (JBL), Nike (NKE), Paychex (PAYX), Carnival
Corporation (CCL), ConAgra Foods (CAG), General Mills, Inc. (GIS),
Solectron (SLR), and Walgreen (WAG).
THE ECONOMIC CALENDAR
The main economic news for the week will focus on the latest numbers for
the NAHB-WF Housing Market Index, ICSC-UBS Store Sales, Housing Starts,
the Producer Price Index, the State Street Investor Confidence Index,
MBA Purchase Applications, the EIA Petroleum Status Report, Corporate
Profits, GDP, Jobless Claims, Leading Indicators, the EIA Natural Gas
Report, the Philadelphia Fed Survey, Durable Goods Orders, Personal
Income and Outlays, the University of Michigan Consumer Sentiment
Survey, and the Money Supply.
Dallas Federal Reserve Bank President Richard Fisher will be in
Longview, Texas on Tuesday to talk to the Rotary Club about the economy
at the close of 2006. On Thursday Jeffrey Lacker, the Richmond Federal
Reserve Bank President, will be talking to the Chamber of Commerce in
Charlotte, North Carolina about the economic outlook for the year ahead.
ASTROLOGICAL DYNAMICS
We have a New Moon trading week ahead of us, and I'm expecting it to
behave in true Santa Claus rally fashion, bringing most equity prices
up. The week gets underway Monday morning with a Sun/Pluto conjunction
in play, which is not quite as powerful a market indicator as one might
expect. In fact, the Sun/Pluto conjunction typically brings only a
mildly positive influence to large-cap trading, but it should at least
reinforce our bullish expectations for the first couple days of the
trading week.
On Tuesday, however, we get a much more reliable and dramatic indicator
of a positive market trend, thanks to the opposition of heliocentric
Mercury to heliocentric Admetos a few hours before the opening bell. My
expectation is that this aspect will ensure a generally positive trend
for the remainder of the trading week, with the possibility of a little
carry-through past the Christmas holiday as well.
By midweek, though, our planetary market indicators began to weaken a
bit, so there is the possibility of more choppy and unpredictable
results in the day-to-day trading action. The first concern is on
Wednesday morning, when the market opens under a void-of-course Moon. It
will be in effect until shortly before midday, so I plan to delay
initiating any new trades until that afternoon. Twelve hours later, the
heliocentric Mercury Mars conjunction brings a little bit of reassurance
that the positive bias for the market will continue. It should help keep
things afloat for the remainder of the week, although it doesn't add a
great deal of energetic potential for a positive surge in prices.
If there are any loose ends in my trading plan this week, I intend to
get them all tied up before lunchtime on Thursday. Another
void-of-course Moon begins about an hour and a half into the trading
day, and it stays in effect, not only through the rest of the day on
Thursday, but all day Friday as well. In my book that's a more than
adequate excuse to get an early start on the holiday weekend. While I
may take a moment or two to check in on the market action during the
closing days of the week, I'll certainly be on the sidelines then as far
as active trading goes.
The heliocentric Mercury/Jupiter conjunction that occurs in the wee
hours of the morning on Friday is a planetary aspect that consistently
brings a positive bias to the stock market, but that bias is barely
noticeable, with trading likely to be fairly flat for several days
afterwards. If anything it suggests that we can expect this rally to
start relaxing a bit after the Christmas break.
Most interesting of all, however, is the series of planetary aspects
involving transneptunians that we get during the coming weekend. During
a four-hour period on Sunday afternoon we get a Mars/Cupido conjunction,
a Sun/Kronos opposition, and a Mercury/Hades opposition. Each of them
has an impact on stock trading prior to the actual occurrence of the aspect.
The Mars/Cupido conjunction, for example, tends to bring stock prices up
during the week before it occurs. Historically this has been true about
two-thirds of the time. During the week after the aspect, however, the
trend tends to reverse--a phenomenon that has happened about
three-fourths of the time.
The Sun/Kronos opposition brings a slightly positive bias to the markets
during the week before it takes place. Afterwards, the market tends to
rise a bit more emphatically.
It is the Mercury/Hades opposition, however, that is by far the most
consistent indicator. About 70 percent of the time it has brought
large-cap prices up during the week prior to its occurrence. It's not
quite as reliable after the fact, however, although it still brings a
positive bias to stocks.
In aggregate, then, I think there's plenty of astrological evidence to
support some bullish market assumptions for this week. Even though that
bullish trend may carry over into the closing days of the week, however,
there's enough going on to confuse things then that I feel it warrants
stepping aside from active trading on Thursday and Friday.
Throughout this week I will be tracking heliocentric fifth-harmonic
planetary lines (H,72,N,-2) for the Earth, Mercury, Venus, Pluto,
Chiron, and Hades, using the Fibonacci/Galactic Trader software from
P.A.S. to follow the active planetary support and resistance in real time.
Have a great week and a wonderful holiday!
*****
SPIRITUAL FOCUS FOR THE WEEK
Many of history's most successful traders have clearly understood that
emotional equilibrium is the key to effective trading. Through Practical
Spiritual Astrology we have an opportunity to restore inner harmony,
enhance emotional balance, and make wiser choices in the markets.
As we approach the New Moon we will need to focus our willpower and our
creative energy to produce a clear vision of what we want to manifest in
the material world. We may find it hard to believe that our personal
efforts and insights will gain much credibility in the eyes of those
around us, but if we simply pay attention to the tasks that are before
us and perform them with clarity and openhearted dignity, we are likely
to be amazed at the personal and social benefits that we produce. An
edgy, potentially explosive kind of tension surrounds the Winter
Solstice, but if we simply acknowledge the fact that all our most
genuine actions are in fact expressions of our spiritual willpower, then
we can get a faint but tantalizing glimpse of the unbounded potential
that awaits us as our still-latent hopes and dreams begin to materialize.
"Whatever your age, your upbringing, or your education, what you are
made of is mostly unused potential." - George Leonard
For more astrologically-based spiritual insights and a free subscription
to our monthly e-zine, be sure to visit
www.PracticalSpiritualAstrology.com.
*****
GLOBAL EQUITIES MARKETS
Stocks in the Pacific Rim exploded to the upside last week, with
particularly strong gains in Sydney and Tokyo. The European bourses also
turned in another week of very solid gains, but in the US the picture
wasn't quite as rosy. While US Blue Chips performed well, the transports
and broader-based small cap issues showed some definite signs of weakness.
Dow Jones Industrial Average -- up 1.12%
Dow Jones Transportation Average -- down 0.40%
Dow Jones Utilities Average -- up 0.95%
S+P 500 -- up 1.22%
NASDAQ Composite Index -- up 0.81%
Russell 2000 -- up 0.02%
London FTSE-100 -- up 1.75%
Paris CAC-40 -- up 2.92%
Frankfurt DAX -- up 2.51%
Sydney All Ordinaries -- up 2.61%
Tokyo Nikkei Index -- up 3.02%
Hong Kong Hang Seng Index -- up 1.98%
Singapore Straits Times Index -- up 2.31%
*****
U.S. EQUITY TRENDS
Blue chips advanced more strongly than smaller cap issues last week, but
all of our trend indicators stayed on the positive side and our market
bias remains bullish for all time frames. Even so, we are continuing to
watch support levels closely and will be reversing our positions
accordingly if our trend indicators change status.
In the S+P 500 we have August 18 buy signals in place for the short term
and the intermediate term, conforming to our long-term trend
assumptions. A close for the S+P below 1168 will signal a long-term
bearish trend, with a close below 1219 turning our intermediate-term
indicator bearish, and a close below 1261 generating a sell signal for
the short term.
The Russell 2000 is on a November 14 buy signal. A daily close below 746
will reverse our short-term indicator, while a close below 668 will flip
our intermediate-term buy signal and a close below 614 will move our
long-term indicator for the Russell to the sell side.
Our indicators for the NASDAQ all remain on the plus side. The NASDAQ
Composite is now on a September 1 short-term buy signal, an October 13
intermediate-term buy signal, and an October 13 long-term buy signal. A
daily close below 2134 will flip our short-term indicator back to the
sell side, with a daily close below 2039 needed to bring the
intermediate indicator back to the sell side and a daily close below
2027 required for a reversal of the long-term buy signal.
S+P 500 -- Long-Term Bullish; Intermediate-Term Bullish; Short-Term Bullish
NASDAQ -- Long-Term Bullish; Intermediate-Term Bullish; Short-Term Bullish
RUSSELL 2000 -- Long-Term Bullish; Intermediate-Term Bullish; Short-Term
Bullish
*****
FINANCIAL CYCLES MODEL PORTFOLIO
NO POSITIONS CLOSED DURING THE PREVIOUS WEEK
*****
POSITIONS ADDED TO THE PORTFOLIO DURING THE PREVIOUS
WEEK: OXY, TIE, SI.
We added three long positions to the Model Portfolio last week.
We bought 200 shares of Occidental Petroleum Corporation (OXY) at 49.47
on 12/12/06, with an initial stop set at 48.50.
We bought 300 shares of Titanium Metals Corporation (TIE) at 31.86 on
12/12/06, with an initial stop set at 29.75.
We bought 100 shares of Siemens Akien (SI) at 97.08 on 12/15/06, with an
initial stop set at 93.75.
****
REVIEW OF PREVIOUS MODEL PORTFOLIO ACTIVITY
So far this year we have had a total of 171 completed trades, with 71
winners and 100 losers bringing us a total net profit of $9,746.00. The
largest profit for a single trade has been $2,595.00, with our winners
averaging $486.05; the largest single-trade loss has been $949.00, with
our losers averaging $251.13. The overall average profit per trade has
been $56.99, and the mean duration of our trades has been 9.1 trading days.
During 2005 we had a total of 200 completed trades, with 79 winners and
121 losers bringing us a total net profit of $14,993.00. The largest
profit for a single trade was $4,884.00, with our winners averaging
$630.55; the largest single-trade loss was $956.00, with our losers
averaging $304.42. The overall average profit per trade was $74.97. The
mean duration of our trades was 10.4 trading days.
During 2004 we had a total of 213 completed trades, with 104 winners and
109 losers bringing us a total net profit of $48,913.50. The largest
profit for a single trade was $5,645.00; the largest single-trade loss
was $750.00; the average profit per trade was $229.64. The mean duration
of our trades was 10.3 trading days.
During 2003 we had a total of 176 completed trades, with 99 winners and
77 losers bringing us a total net profit of $51,717.00. The largest
profit for a single trade was $9,240.00; the largest single-trade loss
was $1,170.00; the average profit per trade was $293.85. The mean
duration of our trades was 10.1 trading days.
During 2002 we had a total of 195 completed trades, with 119 winners, 74
losers, and 2 break-even trades bringing us a total net profit of
$50,956.00. The largest profit for a single trade was $5,100.00; the
largest single-trade loss was $1,055.00; the average profit per trade
was $261.31. The mean duration of our trades was 12.7 trading days.
*****
CURRENT POSITIONS IN THE MODEL PORTFOLIO
Berry Petroleum Company Class A (BRY) -- sold short 300 shares at 33.08
on 12/06/06; currently 32.34. Lower buy stop to 33.24.
Continental Airlines (CAL) -- bought 200 shares at 42.15 on 11/27/06;
currently 44.45. Raise stop to 42.40.
Occidental Petroleum Corporation (OXY) -- bought 200 shares at 49.47 on
12/12/06; currently 51.92. Raise stop to 49.85.
The Servicemaster Company (SVM) -- bought 800 shares at 12.68 on
12/08/06; currently 12.68. Raise stop to 12.55.
Siemens Akien (SI) -- bought 100 shares at 97.08 on 12/15/06; currently
97.28. Raise stop to 96.35.
Titanium Metals Corporation (TIE) -- bought 300 shares at 31.86 on
12/12/06; currently 31.75. Raise stop to 31.25.
*****
MARKET SECTOR STRENGTH AND WEAKNESS
STRONGEST MARKET SECTORS LAST WEEK:
Grocery Stores; Office Supplies; Drug Related Products; Regional Banks;
Internet Software and Services.
WEAKEST MARKET SECTORS LAST WEEK:
Wholesale Building Materials; Wholesale Electronics; Electronics Stores;
Trucking; Semiconductor Memory Chips.
*****
ASTRO-TRADING GANN PLAN:
ASTROLOGICAL EVENTS DURING THE COMING WEEK
"I know in each moment I am free to decide."
Whether you are day-trading or just looking for optimum entry and exit
points during the course of a particular trading day, an awareness of
the intraday astrological aspects at work can alert you to significant
opportunities and potential pitfalls. The events on our weekly calendar
are calculated for New York time, but are listed around the clock and
throughout the week so you can apply them to Forex, to global markets or
to events outside of your trading day as well.
December 17
Mars semisextile Poseidon 00:21 EST
Venus quintile Apollon 01:08 EST
Heliocentric Mars biquintile Heliocentric Kronos 02:38 EST
Heliocentric Mercury sesquiquadrate Heliocentric Kronos 03:16 EST
Venus sextile Poseidon 05:58 EST
Heliocentric Venus square Heliocentric Apollon 07:12 EST
Sun sextile Apollon 10:51 EST
Heliocentric Earth conjunct Heliocentric Hades 12:13 EST
Sun opposition Hades 12:20 EST
Venus semisextile Mars 13:16 EST
Heliocentric Mercury square Heliocentric Neptune 14:07 EST
Venus sesquiquadrate Admetos 16:36 EST
Venus quintile True Lunar Node 17:29 EST
Heliocentric Mercury biquintile Heliocentric Hades 17:45 EST
Heliocentric Mercury square Heliocentric Saturn 18:02 EST
Void-of-Course Moon begins 18:31 EST
Heliocentric Venus quincunx Heliocentric Hades 18:35 EST
Venus square 03/29/06 Solar Eclipse point 20:21 EST
Heliocentric Earth biquintile Heliocentric Mercury 20:45 EST
December 18
Mercury square 09/07/06 Lunar Eclipse point 00:52 EST
Heliocentric Mars quintile Heliocentric Chiron 02:35 EST
Moon crossing Universal Clock 24 Line 04:09 EST
Void-of-Course Moon ends 04:09 EST
Heliocentric Earth quincunx Heliocentric Venus 06:05 EST
Heliocentric Venus semisextile Heliocentric Pluto 08:28 EST
Sun conjunct Pluto 09:39 EST
Heliocentric Earth opposition Heliocentric Pluto 09:48 EST
Heliocentric Mercury in 24th harmonic to Heliocentric Poseidon 16:12 EST
Venus sesquiquadrate Saturn 22:07 EST
Heliocentric Mars in 24th harmonic to Heliocentric Cupido 21:29 EST
December 19
Heliocentric Venus semisquare Heliocentric Cupido 03:26 EST
Heliocentric Mercury opposition Heliocentric Admetos 04:24 EST
Venus square 10/03/05 Solar Eclipse point 05:30 EST
Heliocentric Venus sextile Heliocentric Mars 06:18 EST
Mars sesquiquadrate Vulcanus 06:55 EST
Heliocentric Mercury trine Heliocentric Vulcanus 07:05 EST
Heliocentric Mercury semisextile Heliocentric Apollon 13:37 EST
Sun contraparallel Kronos 14:59 EST
Heliocentric Mercury semisquare Heliocentric Zeus 15:00 EST
Venus square Zeus 18:15 EST
Mercury sextile Neptune 18:43 EST
Heliocentric Venus semisquare Heliocentric Uranus 19:57 EST
Heliocentric Mercury quincunx Heliocentric Hades 19:59 EST
Hades trine Apollon 22:25 EST
Venus sextile Uranus 22:29 EST
Sun square 03/19/07 Solar Eclipse point 22:36 EST
Venus square 09/11/07 Solar Eclipse antiscion 23:01 EST
Sun in 24th Harmonic to Cupido 23:35 EST
December 20
Moon crossing Universal Clock 24 Line 00:45 EST
Heliocentric Mercury semisextile Heliocentric Pluto 03:47 EST
Mercury biquintile Vulcanus 05:05 EST
Venus in 24th Harmonic to Pluto 06:23 EST
Heliocentric Mercury biquintile Heliocentric Kronos 06:30 EST
Jupiter quintile Neptune 06:39 EST
New Moon 09:01 EST
Void-of-Course Moon 09:01-11:39 EST
Heliocentric Earth quincunx Heliocentric Mars 09:27 EST
Mercury square 09/11/07 Solar Eclipse point 10:38 EST
Heliocentric Mercury quintile Heliocentric Chiron 11:08 EST
Heliocentric Venus enters Aquarius 13:02 EST
Heliocentric Mercury in 24th harmonic to Heliocentric Cupido14:20 EST
Jupiter square 10/17/05 Lunar Eclipse antiscion 18:45 EST
Mercury contraparallel Kronos 20:39 EST
Mars semisquare Apollon 21:46 EST
Sun parallel Mercury 22:10 EST
Heliocentric Mercury conjunct Heliocentric Mars 23:28 EST
December 21
True Lunar Node conjunct 10/03/05 Solar Eclipse antiscion 00:48 EST
Mercury square True Lunar Node 00:53 EST
Sun quintile Uranus 00:54 EST
Mercury square 10/03/05 Solar Eclipse antiscion 00:54 EST
Sun square 09/22/06 Solar Eclipse point 03:15 EST
Sun biquintile Admetos 03:44 EST
Heliocentric Earth quincunx Heliocentric Mercury 04:23 EST
Mars square 04/08/05 Solar Eclipse antiscion 08:00 EST
Heliocentric Mercury enters Sagittarius 10:11 EST
Mars sextile Zeus 10:34 EST
Void-of-Course Moon begins 11:05 EST
True Lunar Node biquintile Apollon 12:08 EST
Venus semisextile Cupido 12:38 EST
Heliocentric Venus biquintile Heliocentric Hades 14:50 EST
Heliocentric Venus sextile Heliocentric Jupiter 18:00 EST
Mars square Uranus 19:17 EST
Winter Solstice - Sun enters Capricorn 19:22 EST
Moon crossing Universal Clock 24 Line 19:44 EST
Mars contraparallel Hades 22:49 EST
Mercury in 24th Harmonic to Jupiter 23:13 EST
December 22
Heliocentric Mercury conjunct Heliocentric Jupiter 01:14 EST
Mercury square 03/29/06 Solar Eclipse 03:50 EST
Heliocentric Venus quincunx Heliocentric Kronos 08:41 EST
Mercury parallel Venus 09:02 EST
Heliocentric Mercury quincunx Heliocentric Kronos 09:53 EST
Mars in 24th Harmonic to Pluto 10:12 EST
Sun square 09/22/06 Solar Eclipse antiscion 11:27 EST
Heliocentric Mercury sextile Heliocentric Venus 11:28 EST
Mercury semisquare Chiron 14:34 EST
Void-of-Course Moon ends 16:49 EST
Venus square 09/07/06 Lunar Eclipse antiscion 21:47 EST
December 23
Mercury semisquare Poseidon 02:03 EST
Mercury quintile Zeus 03:53 EST
Heliocentric Mars enters Sagittarius 04:01 EST
Heliocentric Venus in 24th harmonic to Heliocentric Neptune 05:05 EST
Mercury quincunx Admetos 09:00 EST
Moon crossing Universal Clock 24 Line 13:40 EST
Sun square 03/19/07 Solar Eclipse antiscion 16:07 EST
Heliocentric Earth quincunx Heliocentric Jupiter 18:34 EST
Mercury crossing Universal Clock 24 Line 19:35 EST
Sun contraparallel Kronos 21:03 EST
Heliocentric Mercury quintile Heliocentric Neptune 23:33 EST
December 24
Heliocentric Mercury semisextile Heliocentric Poseidon 00:29 EST
Mercury square 03/14/06 Lunar Eclipse point 00:44 EST
Mercury quincunx Vulcanus 01:33 EST
Mars square 03/03/07 Lunar Eclipse point 06:49 EST
Mercury trine Saturn 07:18 EST
Neptune sesquiquadrate Kronos 08:23 EST
Uranus quintile Admetos 08:43 EST
Venus square 03/03/07 Lunar Eclipse antiscion 13:19 EST
Mars conjunct Cupido 15:07 EST
Void-of-Course Moon 15:09 -- 20:43 EST
Heliocentric Earth conjunct Heliocentric Kronos 15:12 EST
Sun opposition Kronos 15:20 EST
Sun semisquare Neptune 15:37 EST
Heliocentric Mercury sesquiquadrate Heliocentric Vulcanus 15:56 EST
Mercury opposition Hades 18:47 EST
Heliocentric Mercury sextile Heliocentric Chiron 19:15 EST
Mercury sextile Apollon 20:39 EST
Heliocentric Mercury semisquare Heliocentric Apollon 22:44 EST
While our weekly Gann Plan Astro-Trading Calendar acknowledges and
honors the work of legendary trader W. D. Gann, it only reflects a small
portion of the wisdom that Gann brought to the markets during the last
century. For more Gann Plan trading insights be sure to read the free
GANN PLAN TRADING LETTER. The current issue can be downloaded without
charge or obligation at http://www.gannplan.com.
Be sure to get your
free subscription when you visit the site; you'll be notified about each
new issue as soon as it is available.
*****
STOCKS TO WATCH: CMCSA, FDS, MEL, TSO.
Potential Candidates for Short-Term Trades
Comcast Corporation Class A (CMCSA)
NASDAQ; optionable
First Trade Date: 06/28/1996; 09:30 a.m.
CMCSA has made a nice move up since late November, but with transiting
Saturn about to make another pass across its First-Trade Ascendant it
has moved into a bit of consolidation during the past week. As Saturn
moves along in its retrograde motion, however, the First-Trade Ascendant
will open up, allowing the positive price action to resume. From the
looks of things, it could possibly resume with a lot of extra energy,
thanks to a square from transiting Neptune to the First-Trade Midheaven,
a semisquare from transiting Kronos to the First-Trade Midheaven, and a
square from transiting Uranus to First-Trade Mars. Our plan is to add a
long position in this stock to our Model Portfolio at the beginning of
the trading week; we will set our initial stop at 41.00.
Factset Research Systems (FDS)
NYSE; optionable
First Trade Date: 06/28/1996; 09:30 a.m.
With a First-Trade horoscope identical to the one for CMCSA, this stock
also has some positive trading potential ahead. With differences in the
company fundamentals and in the underlying industries, however, we don't
expect it to move in lockstep with CMCSA. Our analysis suggests that FDS
may see a fairly sharp pull-back just after New Year's Day, so in the
meantime we want to take advantage of the potential for more price
appreciation and will add an immediate long position to the Model
Portfolio. Our initial stop will be set at 53.10; we plan to trail it
fairly closely as the trade unfolds and then reverse our position to a
short sale if we get stopped out.
Mellon Financial Corporation (MEL)
NYSE; optionable
First Trade Date: 07/10/1981; 10:00 a.m.
After a dramatic gap upward at the beginning of this month, MEL has gone
through a little price consolidation, setting the stage for another
positive leg. With transiting Jupiter conjoining the First-Trade IC,
transiting Uranus on the First-Trade Descendant, transiting Neptune
sesquiquadrate First-Trade Jupiter, and transiting Kronos square
First-Trade Jupiter, this looks like a very solid opportunity. We plan
to add a long position in MEL to the Model Portfolio early in the
trading week; our initial stop will be set at 41.65.
Tesoro Corporation (TSO)
NYSE; optionable
First Trade Date: 10/29/1971; 10:00 a.m.
While our Model Portfolio may currently seem a little over-weighted with
oil-related stocks, TSO presents an interesting short-term opportunity
that we like the looks of. This stock has pulled back a bit during
recent trading sessions, but with transiting Jupiter about to cross the
First-Trade Ascendant, we think that we are likely to see a fairly
respectable price surge during the next week or two. We plan to add an
immediate long position to the Model Portfolio with our initial stop set
at 68.50.
*****
FINANCIAL CYCLES WEEKLY (ISSN 1055-8527) is published
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CYCLES WEEKLY is a general interest publication which is prepared from
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