|
YOUR WEEKLY ASTRO-TRADING PLAN
IN THIS ISSUE
Comment
The Great Decider
Sleight of Hand
Picking Up the Tab
Expecting a Top?
Ebb and Flow
Astro-Education
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: As I noted last week, "Conjunctions
of Mars and Pluto are
associated with troublesome events, including armed conflict, natural
disasters, and interpersonal strife." And sure enough, right on cue as
the Mars/Pluto conjunction came into play late last week, there was some
strong seismic action in the Pacific. Japan feared a possible tsunami,
but that didn't materialize, even though there are likely to be
aftershocks and other rumblings for at least a few more days.
SURGING STUBBORNNESS
President Bush dug in his heels and announced in no uncertain terms that
he plans to escalate the war on Iraq to even bigger proportions, and
will be sending thousands more U.S. troops into the conflict no matter
how much Congress opposes it. "I've made my decision," he said, "and
we're going forward." Vice-President Dick Cheney also got into the act
during his interviews with the news media over the weekend, sternly
insisting that anyone who questions the president's decision is
unpatriotically defying his authority as the commander-in-chief.
Mars/Pluto indeed!
MISCALCULATION OR MISDIRECTION?
The notion that a "surge" of additional troops will somehow succeed in
ending the bloodshed and in bringing peace and stability to Iraq
certainly seems a bit far-fetched. It's more likely to extend and expand
the conflict between the country's warring factions, but that's
fundamentally congruent with the U.S. goal of total control of Iraqi
oil. It should be clear by now that U.S. policies are not at all
designed to quell "sectarian violence," but to perpetuate it, creating
more and more opportunities for profits in spite of the human,
environmental, and political costs.
But there's also the distinct possibility here that President Bush's
defiant surge has little if anything to do with actual outcomes in Iraq,
but instead is meant to divert attention away from the U.S./Israeli
plans to attack Iran. There has been no let-up in the flow of
anti-Iranian propaganda, and Iran is clearly the next target in the
administration's relentless policy of preemptive war.
THE TOO-LOYAL OPPOSITION
President Bush's latest exploits as "The Decider" have not gone
unnoticed, however. The plans for an immediate escalation of the war
have been met with increasing opposition from the newly-seated Congress,
with expressions of consternation and outrage coming from both sides of
the aisle. In being vocal, Congress is doing what Congress does best.
But as far as this issue is concerned, as with any other, the most
important path to true understanding is to follow the money. Congress
can express all the dissenting opinions it likes, and the press and
public can pay dutiful attention, but unless and until there are
substantive moves to cut off spending for military actions, the conflict
and the corporate crony gravy train will just keep surging ahead. So
far, at least, this Congress seems much more interested in grandstanding
than in locking up the checkbook.
GREAT EXPECTATIONS
Whether or not the markets will respond with a surge of their own
remains to be seen. There are certainly heightened expectations at play
right now, but the market's ability to suspend disbelief and sustain
this rally is starting to wear thin. Some big war news could help fuel
an extremely short-term opportunity for profits, but I suspect that more
humdrum things like economic reports and earnings news will start to
carry much more weight in the next week or two. And if things look more
positive than we could have possibly expected, then the natural flow of
cycles says that we're very near a top. By the way, there's at least a
little bit of astrological evidence now that suggests a correction may
soon be on its way--you'll find some details later in this letter.
A SHIFT IN ATTITUDE
Most important of all, however, is what happens in our own heads. We can
see conflict and belligerence around us, we can have our political
opinions and our personal beliefs, but ultimately we have to come back
to understanding and accepting the ways in which we create our own
reality, both in and out of the markets.
Martin Luther King's birthday is an appropriate time to remember that if
we see only conflict and turmoil around us, then we can certainly expect
to get more of the same. But if we understand that we are witnessing the
ebb and flow of grand cycles at work, in perfect harmony with the
cosmos, then we are far more likely to bring to the markets the kind of
emotional clarity that can open up unlimited opportunities for
successful trading. That can be a substantial payoff. What may be even
more important, however, is the kind of change that a shift in attitude
creates in our personal lives, in our relationships, and in our view of
our future possibilities.
ASTRO-TRADING HOME STUDY
I've been getting enthusiastic reviews from the students who have
purchased the new CD/DVD edition of my best-selling Basic Stock Market
Astrology Home Study Course. 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.
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
The earnings action is starting to pick up. This week we will be looking
for reports from Ameritrade Holdings Corp. (AMTD), Bank of the Ozarks
Inc. (OZRK), Commerce Bancorp, Inc. (CBH), Forest Laboratories Inc.
(FRX), Freeport-McMoRan Copper and Gold (FCX), Intel Corporation (INTC),
Linear Technology (LLTC), Marshall and Ilsley (MI), U.S. Bancorp (USB),
Wells Fargo (WFC), Apple Inc. (AAPL), CIT Group (CIT), First Horizon
National Corporation (FHN), J.P. Morgan Chase (JPM), Kinder Morgan
(KMI), Lennar Corporation (LEN), Logitech International (LOGI), Mellon
Financial Corporation (MEL), Northern Trust (NTRS), Parker Hannifin
(PH), Southwest Airlines (LUV), Sovereign Bancorp (SOV), State Street
Corporation (STT), Synovus Financial (SNV), Washington Mutual (WM), BB+T
Corporation (BBT), Capital One Financial Corporation (COF), Comerica
Inc. (CMA), Fifth Third Bancorp (FITB), Harley-Davidson (HOG),
Huntington Bancshares (HBAN), International Game Technology (IGT),
Merrill Lynch (MER), Molex Inc. (MOLX), SLM Corporation (SLM), the Bank
of New York (BK), UnitedHealth Group (UNH), Xilinx, Inc. (XLNX),
Citigroup (C), General Electric (GE), Johnson Controls (JCI), KeyCorp
(KEY), Motorola Inc. (MOT), Regions Financial Corporation (RF),
Schlumberger (SLB), and SunTrust (STI).
THE ECONOMIC CALENDAR
The economic reports this week will include the Empire State
Manufacturing Survey, MBA Purchase Applications, ICSC-UBS Store Sales,
the Producer Price Index, Industrial Production, the Housing Market
Index, the Consumer Price Index, Housing Starts, Jobless Claims, the EIA
Petroleum Status Report, the EIA Natural Gas Report, the Philadelphia
Fed Survey, Consumer Sentiment, and the Money Supply.
We will get an interest rate announcement this week from the Bank of
Canada, but it will be far more entertaining to pay attention to the
barrage of public pronouncements being made on behalf of the Federal
Reserve Bank. On Wednesday, Federal Reserve Governor Frederic Mishkin
will be speaking in New York, San Francisco Federal Reserve Bank
President Janet Yellen will be appearing in Scottsdale, Arizona, and St.
Louis Federal Reserve Bank President William Poole will be talking with
reports in St. Louis. On Thursday Cleveland Federal Reserve Bank
President Sandra Pianalto will be speaking in Dayton, Ohio, and Federal
Reserve Governor Susan Schmidt Bies will be speaking at the University
of Arizona in Tucson. On Friday Richmond Federal Reserve Bank President
Jeffrey Lacker will be speaking in Richmond, and Kansas City Federal
Reserve Bank President Thomas Hoenig will be speaking in Kansas City. As
usual, however, the real star of the show is likely to be Ben Shalom
Bernanke, who will be testifying before the Senate Banking Committee in
Washington on Thursday.
ASTROLOGICAL DYNAMICS
Once again we have a trading week that is shortened by a holiday, and
it's an environment in which heliocentric planetary aspects seem to have
the strongest influence. The heliocentric Mars/Cupido conjunction about
an hour after Tuesday's opening bell, for example, should have a strong
positive influence on price action in the equities markets, and under
ordinary conditions I would expect not only a higher close on Tuesday
but a nice positive trend for the remainder of the week.
The key phrase here, of course, is "ordinary conditions." This is
far
from an ordinary week, not only because we just have four active trading
days, but also because of the number of significant planetary
alignments, both geocentrically and heliocentrically. Wednesday brings a
heliocentric Venus/Uranus conjunction. The combination of Venus and
Uranus is a classic indicator of optimism and good feelings, but in this
case the heliocentric conjunction has about a 50/50 chance of nailing a
short-term market top. That notion gets some support from the
heliocentric Mercury/Neptune conjunction and the heliocentric
Mercury/Saturn opposition the same day.
The Venus/Neptune conjunction Thursday evening, coming just an hour
before the New Moon, has a fairly weak positive bias. Its impact may be
strengthened a bit by the New Moon, but I wouldn't be too surprised to
see price momentum lose even more steam during Friday's trading as we
set the stage for the coming week. Saturday brings a Mars/Kronos
opposition and a Mercury/Chiron conjunction; I expect both of these
aspects to have a positive influence on price trends during the
following week.
Throughout this week, however, I will be tracking heliocentric
fourth-harmonic planetary lines (H,90,N,-2) for Mercury, Venus, Mars,
Saturn, Uranus, Neptune, Cupido, and Admetos, 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!
*****
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.
If we will simply let go of our ego-driven need to be right, the wounded
ghosts of the past will spontaneously slip away, leaving us free to
create bold new definitions and expressions of who we truly are. At the
time of the January18 New Moon, we have the opportunity to understand
that even the simplest and most mundane everyday occurrences can have a
profound spiritual significance. Our goal is to accept and use the true
strength that we possess, while at the same time being careful not to
let our passions lead us into unintended difficulties.
"In times like these, it helps to recall that there have always been
times like these." -- Paul Harvey
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
A broad-based rally in U.S. stocks led a turn to the upside in markets
around the world, but the Asian markets were left out in the cold for
much of the weeks trading.
Dow Jones Industrial Average -- up 1.27%
Dow Jones Transportation Average -- up 3.21%
Dow Jones Utilities Average -- down 0.56%
S+P 500 -- up 1.49%
NASDAQ Composite Index -- up 2.82%
Russell 2000 -- up 2.37%
London FTSE-100 -- up 0.30%
Paris CAC-40 -- up 1.82%
Frankfurt DAX -- up 1.70%
Sydney All Ordinaries -- up 1.12%
Tokyo Nikkei Index -- down 0.20%
Hong Kong Hang Seng Index -- down 2.96%
Singapore Straits Times Index -- down 0.66%
*****
U.S. EQUITY TRENDS
With all of the major market averages posting gains for the week, our
trend indicators stayed on the positive side, leaving our market bias
bullish for all time frames.
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.
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 1375 generating a sell signal for
the short term.
The NASDAQ managed to squeeze a gain out of last week's trading, and 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 2313 will flip our short-term indicator back to the
sell side, with a daily close below 2048 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
POSITIONS CLOSED DURING THE PREVIOUS WEEK: FDX, TSM.
We closed two positions during the previous week, with two losers
bringing us a net loss of $387.00.
We bought to cover 100 shares of FedEx Corporation (FDX) at 108.95 on
01/09/07, taking a loss of $177.00 (a 1.65% loss in 8 trading days).
We sold 900 shares of Taiwan Semiconductor Manufacturing Company (TSM)
at 10.42 on 01/10/07, taking a loss of $207.00 (a 2.16% loss in 3
trading days).
*****
POSITIONS ADDED TO THE PORTFOLIO DURING
THE PREVIOUS WEEK: AVT, SHPGY, BSC.
We added three long positions to the Model Portfolio last week.
We bought 400 shares of Avnet Inc. (AVT) at 27.66 on 01/09/07, with an
initial stop set at 25.00.
We bought 200 shares of Shire Pharmaceuticals Group PLC ADR (SHPGY) at
63.09 on 01/09/07, with an initial stop set at 61.50.
We bought 100 shares of Bear Stearns Companies (BSC) at 171.43 on
01/12/07, with an initial stop set at 159.00.
****
REVIEW OF PREVIOUS MODEL PORTFOLIO ACTIVITY
During 2006 we had a total of 177 completed trades, with 74 winners and
103 losers bringing us a total net profit of $9,881.00. The largest
profit for a single trade was $2,595.00, with our winners averaging
$473.04; the largest single-trade loss was $949.00, with our losers
averaging $247.31. The overall average profit per trade was $55.82. The
mean duration of our trades was 9.0 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
Avnet Inc. (AVT) -- bought 400 shares at 27.66 on 01/09/07; currently
28.08 Raise stop to 27.26.
Bear Stearns Companies (BSC) -- bought 100 shares at 171.43 on 01/12/07;
currently 171.51. Raise stop to 168.65.
Central Parking Corporation (CPC) -- bought 400 shares at 18.80 on
12/26/06; currently 18.52. Raise stop to 18.10.
Navistar International Corporation (NAV) -- bought 300 shares at 35.30
on 01/05/07; currently 38.40. Raise stop to 36.30.
Omnicare Inc. (OCR) -- sold short 300 shares at 39.12 on 01/05/07;
currently 38.85. Lower buy stop to 38.96.
Shire Pharmaceuticals Group PLC ADR (SHPGY) -- bought 200 shares at
63.09 on 01/09/07; currently 62.62. Raise stop to 61.84.
*****
MARKET SECTOR STRENGTH AND WEAKNESS
STRONGEST MARKET SECTORS LAST WEEK:
Resorts and Casinos; Aluminum; Medial Practitioners; Home Furnishing
Stores; Regional Investment Brokerages.
WEAKEST MARKET SECTORS LAST WEEK:
Closed-End Debt Funds; Major Integrated Oil and Gas; Music and Video
Stores; Manufactured Housing; Long Distance Carriers.
*****
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.
January 14
Mercury semisextile Mars 00:48 EST
Mars square 03/19/07 Solar Eclipse point 01:45 EST
Sun quincunx Saturn 02:06 EST
Sun in 24th Harmonic to Chiron 03:57 EST
Heliocentric Earth sextile Heliocentric Admetos 04:25 EST
Heliocentric Mercury biquintile Heliocentric Kronos 04:38 EST
Heliocentric Mars in 24th harmonic to Heliocentric Pluto 05:42 EST
Heliocentric Mercury semisextile Heliocentric Venus 05:58 EST
Heliocentric Venus sesquiquadrate Heliocentric Vulcanus 06:30 EST
Jupiter square 04/08/05 Solar Eclipse antiscion 10:12 EST
Sun contraparallel Vulcanus 10:25 EST
Void-of-Course Moon 10:49-13:11 EST
Mercury semisquare Cupido 10:54 EST
Heliocentric Mercury conjunct Heliocentric Chiron 11:09 EST
Sun square 10/17/05 Lunar Eclipse point 11:24 EST
Heliocentric Earth conjunct Heliocentric Vulcanus 11:55 EST
Sun opposition Vulcanus 12:03 EST
Heliocentric Mercury trine Heliocentric Zeus 13:06 EST
Moon crossing Universal Clock 24 Line 13:10 EST
Heliocentric Venus semisextile Heliocentric Chiron 16:54 EST
Heliocentric Mercury sesquiquadrate Heliocentric Hades 17:21 EST
Heliocentric Venus sesquiquadrate Heliocentric Apollon 18:21 EST
Mercury contraparallel Hades 20:17 EST
Venus semisquare Mars 20:57 EST
Heliocentric Venus quincunx Heliocentric Zeus 21:01 EST
Venus sextile Cupido 22:52 EST
January 15
U.S. Markets closed for Martin Luther King Jr. Holiday
Mars in 24th Harmonic to Cupido 00:16 EST
Heliocentric Mercury semisquare Heliocentric Pluto 00:26 EST
Jupiter sextile Zeus 01:57 EST
Heliocentric Mercury sextile Heliocentric Mars 03:57 EST
Mercury enters Aquarius 04:23 EST
Heliocentric Earth square Heliocentric Apollon 06:23 EST
Heliocentric Mercury sextile Heliocentric Cupido 08:49 EST
Sun quincunx Hades 11:48 EST
Mars biquintile Admetos 12:06 EST
Sun square 08/28/07 Lunar Eclipse antiscion 13:41 EST
Mars square 09/22/06 Solar Eclipse point 17:33 EST
Heliocentric Mercury semisextile Heliocentric Uranus 17:39 EST
Mercury biquintile Hades 20:44 EST
Heliocentric Venus quintile Heliocentric Admetos 23:07 EST
January 16
Heliocentric Earth semisextile Heliocentric Hades 00:48 EST
Sun square Apollon 01:18 EST
Heliocentric Mercury quintile Heliocentric Jupiter 05:10 EST
Moon crossing Universal Clock 24 Line 09:57 EST
Heliocentric Mars conjunct Heliocentric Cupido 10:40 EST
Mercury semisquare True Lunar Node 15:04 EST
Sun semisquare Jupiter 15:16 EST
Heliocentric Venus square Heliocentric Cupido 15:20 EST
Mars enters Capricorn 15:53 EST
Void-of-Course Moon 16:28-20:49 EST
Mercury quincunx Kronos 17:05 EST
Heliocentric Venus square Heliocentric Mars 17:45 EST
Heliocentric Mercury sesquiquadrate Heliocentric Kronos 19:23 EST
Mercury parallel Cupido 20:15 EST
Mars quintile Uranus 21:22 EST
Vulcanus square 10/17/05 Lunar Eclipse point 22:26 EST
January 17
Heliocentric Earth quincunx Heliocentric Pluto 00:39 EST
Mercury parallel Jupiter 02:52 EST
Heliocentric Mercury conjunct Heliocentric Neptune 05:08 EST
Mercury in 24th Harmonic to Neptune 08:37 EST
Heliocentric Venus conjunct Heliocentric Uranus 10:48 EST
Sun semisquare Uranus 11:54 EST
Mercury contraparallel Vulcanus 12:16 EST
Mars square 09/22/06 Solar Eclipse antiscion 14:12 EST
Heliocentric Mercury opposition Heliocentric Saturn 14:29 EST
Mercury square 04/24/05 Lunar Eclipse point 16:17 EST
Venus semisextile True Lunar Node 17:41 EST
Sun semisextile Pluto 22:05 EST
Venus sesquiquadrate Kronos 23:22 EST
January 18
Heliocentric Earth sesquiquadrate Heliocentric Cupido 04:34 EST
Moon crossing Universal Clock 24 Line 04:35 EST
Heliocentric Earth quintile Heliocentric Zeus 09:23 EST
Heliocentric Mercury square Heliocentric Admetos 10:33 EST
Heliocentric Mercury quincunx Heliocentric Vulcanus 12:36 EST
Heliocentric Mercury in 24th harmonic to Heliocentric Chiron 17:22 EST
Heliocentric Mercury quintile Heliocentric Cupido 17:27 EST
Heliocentric Mercury trine Heliocentric Apollon 17:36 EST
Heliocentric Mercury sesquiquadrate Heliocentric Zeus 18:45 EST
Heliocentric Mars square Heliocentric Uranus 20:10 EST
Venus conjunct Neptune 21:48 EST
New Moon 23:01 EST
Void-of-Course Moon begins 23:01 EST
January 19
Void-of-Course Moon ends 01:16 EST
Heliocentric Mercury quintile Heliocentric Mars 02:40 EST
Sun semisquare Cupido 03:32 EST
Heliocentric Mercury sextile Heliocentric Pluto 05:08 EST
Mars square 03/19/07 Solar Eclipse antiscion 05:54 EST
Venus parallel Pluto 07:39 EST
Heliocentric Earth sesquiquadrate Heliocentric Uranus 11:15 EST
Heliocentric Mercury in 24th harmonic to Heliocentric Uranus 20:43 EST
Sun parallel Mercury 21:33 EST
Moon crossing Universal Clock 24 Line 21:36 EST
Mercury square Poseidon 22:03 EST
January 20
Heliocentric Earth quincunx Heliocentric Mercury 00:05 EST
Heliocentric Mercury enters Pisces 01:39 EST
Heliocentric Mercury biquintile Heliocentric Vulcanus 02:34 EST
Mars opposition Kronos 02:40 EST
Heliocentric Earth sesquiquadrate Heliocentric Mars 04:19 EST
Mercury biquintile Kronos 05:08 EST
Sun enters Aquarius 06:00 EST
Heliocentric Venus biquintile Heliocentric Apollon 10:36 EST
Mercury conjunct Chiron 16:03 EST
Heliocentric Venus semisextile Heliocentric Neptune 17:33 EST
Heliocentric Mercury trine Heliocentric Kronos 19:40 EST
January 21
Void-of-Course Moon 00:00-03:48 EST
Mercury sesquiquadrate Hades 02:42 EST
Heliocentric Mercury biquintile Heliocentric Zeus 02:49 EST
Heliocentric Mercury square Heliocentric Jupiter 03:28 EST
Heliocentric Mercury in 24th harmonic to Heliocentric Neptune 04:32 EST
Sun biquintile Hades 07:15 EST
Heliocentric Mercury in 24th harmonic to Heliocentric Venus 11:48 EST
Moon crossing Universal Clock 24 Line 13:48 EST
Mercury trine Zeus 15:49 EST
Heliocentric Venus quincunx Heliocentric Saturn 16:40 EST
Mars semisquare Neptune 21:02 EST
Heliocentric Mercury trine Heliocentric Poseidon 22:13 ESTWhile the 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: ASN, LFG, PTP, SEIC.
Potential Candidates for Short-Term Trades
Archstone-Smith (ASN)
NYSE; optionable
First Trade Date: 06/27/1989; 09:30 a.m.
With retrograde Saturn pulling away from its conjunction with the ASN
First-Trade Ascendant, it looks like this stock will be able to break
through the price resistance it encountered in late November and early
December as Saturn was making its retrograde station. Right now the
situation gets an extra boost thanks to First-Trade Apollon receiving a
sextile from transiting Jupiter and a trine from transiting Venus, so we
plan to add a long position to the Model Portfolio by the middle of the
trading week. Our initial stop will be set at 56.00.
LandAmerica Financial Group, Inc. (LFG)
NYSE; optionable
First Trade Date: 10/30/1995; 09:30 a.m.
The news from LandAmerica last week was that this provider of real
estate transaction services had just appointed Todd Miller as the
company's new general auditor, which is a senior vice-president post.
After Miller gets his feet wet with his new job and starts to look into
the firm's internal processes and controls, it will be even more
interesting to see what news emerges from this company, especially since
transiting Hades will be closing in on a conjunction with First-Trade
Kronos as the year progresses. This transneptunian aspect is a signature
of corruption in high places, and in the face of a weak real estate
outlook we wouldn't be surprised to see some big earnings restatements
or other negatives coming into the spotlight. More immediately, however,
transiting Jupiter is crossing the LFG First-Trade Ascendant, which,
along with this week's conjunction of the Sun to First-Trade Uranus,
should bring the price of this stock up a little bit. That looks like an
opportunity to sell LFG short, either late this week or early next week.
Once we enter the trade we will set our initial buy stop at 65.25.
Platinum Underwriters (PTP)
NYSE; optionable
First Trade Date: 10/29/2002; 09:30 a.m.
Thanks to transiting Saturn's recent opposition to First-Trade Uranus
and the square of transiting Venus to First-Trade Venus, this stock has
been making a valiant attempt to push through the price resistance of
the past few months and set a new high. With transiting Jupiter about to
conjoin the PTP First-Trade Ascendant as well, we expect that the surge
will continue for at least a few trading days. After that transit,
however, that's all, folks! Except for a little bit of brief positive
news as transiting Venus opposes First-Trade Jupiter, we don't see much
to hold the price of this stock up for the longer term. So we're ready
for a short position here; if PTP chalks up a daily close of 31.50 or
higher we'll sell short at the next available opportunity, with an
initial buy stop set at 33.50.
SEI Investments Company (SEIC)
NASDAQ; optionable
First Trade Date: 03/16/1981; 10:00 a.m.
Transiting Saturn has just crossed the SEIC First-Trade IC, and right on
schedule this stock has broken out of its three-month trading range
during last week's final sessions. We're ready to add a long position
right away, especially since transiting Jupiter is pushing toward an
opposition to First-Trade Kronos (big money) and then, in late February,
a conjunction with the SEIC First-Trade Descendant. We'll be setting our
initial stop at 57.00 and then will trail it fairly liberally to give
this trade a wide berth, since some of the positive price action that
we're looking for may take a little time to unfold.
*****
FINANCIAL CYCLES WEEKLY (ISSN 1055-8527) is published
by Taylor-Bost
Consulting and edited by Tim Bost at 2132 Beneva Road, Sarasota, FL
34232 USA. Phone: 941-921-2588. Fax: 941-927-5798. Web:
http://www.TimBost.com. Entire contents
© copyright 2007 Timothy L.
Bost. No portion of Financial Cycles Weekly may be reproduced without
the publisher's written permission. Subscriptions to FINANCIAL CYCLES
WEEKLY are $39.00 per month for weekly issues sent by email, payable by
monthly billing to a major credit card. Advance payment options (by
credit card, check, or money order) are $259 for 6 months, $499 for 1
year or $949 for two years. All subscriptions are payable in US funds
only-- Visa, MasterCard, American Express and Diners Club accepted;
please make checks or money orders payable to Taylor-Bost. PayPal is
also accepted for online orders; to subscribe go to
http://www.TimBost.com/newsletter/subscribe.html.
By providing a source of independent market analysis, the purpose of
FINANCIAL CYCLES WEEKLY is to foster the growth of person-centered
business and investment astrology; to enhance the development and
dissemination of financial literacy and prosperity consciousness; and to
explore the use of technical analysis and financial astrology in
promoting an esoteric spiritual understanding of economic trends,
geocosmic cycles, geopolitical events, and market movements. FINANCIAL
CYCLES WEEKLY is a general interest publication which is prepared from
astrological information, news reports, cycle projections, and market
observations which are believed to be accurate and reliable, but which
cannot be guaranteed. Portfolio and trading reports in this publication
do not include taxes and transaction fees, which should be taken into
consideration by prospective traders and investors. Even with accurate
information, past performance is no guarantee of future results.
Speculation in securities and commodities involves considerable
financial risk, and readers who plan to invest or speculate in
securities or commodities mentioned in FINANCIAL CYCLES WEEKLY have the
complete responsibility for making themselves fully aware of all the
risks involved before they invest. The editor may or may not have
positions in the securities and commodities discussed in this
newsletter, and the information in FINANCIAL CYCLES WEEKLY should in no
way be understood or construed as a solicitation or an offer to buy or
sell any products or securities, nor should the material published in
this newsletter be considered buy/sell advice.
|