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YOUR WEEKLY ASTRO-TRADING PLAN
IN THIS ISSUE
Comment
iPhone and Dreamliner
Fibonacci Vegas
UK Extra
Ron Paul's Money
The Week Ahead in Earnings
The Economic Calendar
Astrological Dynamics
Spiritual Focus for the Week
Global Equities Markets
U.S. Equity Trends
Metal Markets
Financial Cycles Model Portfolio
Market Sector Strength and Weakness
Astro-Trading Gann Plan Calendar
Stocks to Watch
COMMENT: Mercury retrograde is always hard to
deal with, one way or
another. In the markets, as I've noted before, it most often contributes
to mixed signals, unfilled orders, communications breakdowns, and a
general consternation when it comes to reading market indicators correctly.
That's certainly what happened to me with last week's forecast. I
completely misread the market signals. But at least the week was
punctuated by the Independence Day holiday, which gave me a much-needed
break from the action and a chance to reevaluate my analysis and trading
strategy.
CORPORATE RETROGRADES
Of course I'm not alone in having to deal with Mercury retrogrades. Even
though Mercury retrograde periods are among the most widely recognized
phenomena in popular astrology, it is amazing how often they are ignored
in corporate planning. A couple of examples come to mind from recent
weeks, when both Mercury and Uranus have been in retrograde motion.
Mercury is concerned with communication and transportation, and Uranus
is concerned with electronics, telecommunications and aviation. That's
why it was particularly interesting to see Apple introduce its new
iPhone with both Mercury and Uranus retrograde. Despite the initial
clamor for this sexy new device, I wouldn't be at all surprised to see
the enthusiasm for start to wane fairly quickly. One potential stumbling
block may be the fact that when it's time to replace the battery in the
iPhone, users will have to send the device back in to Apple headquarters
to get the battery installed.
Not to be left out of the act, Boeing introduced its new jetliner on
Sunday, also with Mercury and Uranus both in retrograde motion. That
doesn't bode especially well for the new 787 Dreamliner, even though
more than 640 orders for the jet from 45 customers around the world have
already come in, setting a new record for the launch of a new plane
designed for civil aviation.
The company chose the date for the launch because 7/8/07 matches the
designation for the new plane. But even as the new craft was announced
amid massive media fanfare, Boeing had to confess that the 787
Dreamliner isn't really quite ready. It seems it still lacks a lot of
the wiring and electronic devices that will ultimately be needed to make
it fly.
IS LAS VEGAS ON YOUR CALENDAR?
It's not too late to register for the upcoming Fibonacci Trader workshop
in Las Vegas, July 19-15, 2007. The event will feature Mark Braun and
Chris Lori, with a special guest presentation by Trace Burton. It's sure
to be an outstanding event, loaded with valuable material. For details,
contact Linda Long at linda@fibonaccitrader.com
or phone (904) 260-1515.
MORE DETAILS ON U.K. TERROR
Thanks to all my readers who took time to comment on last week's review
of the astrological connections with the bombing attempts in the United
Kingdom. An enhanced and expanded version of that article, complete with
the relevant astrological charts is now online as a free downloadable
PDF file. To get your copy of this brief monograph, go to the Free IQ
download site at http://clicks.aweber.com/z/ct/?bB6c7aINhbnS9Om4imli5Q
and click on the PDF link.
FOLLOWING THE REPUBLICAN MONEY
The axiom in politics, as in so many other matters, is "follow the
money" if you want to understand what's really going on. On June 30,
after Senator John McCain finished a distant fifth in the straw vote
held at the Hershey, Pennsylvania summer conference of the Republican
State Committee, he started making big cuts in the staff for his
presidential campaign. Then the word got out that McCain's fund-raising
had fallen far behind other contenders for the Republican nomination.
Then came the news, aired Sunday on the ABC News "This Week" television
program with George Stephanopoulos, that McCain is not only confronting
a dwindling campaign war chest; his funding has also fallen behind the
campaign financing for long-shot contender Congressman Ron Paul of
Texas. At this point Dr. Paul has $2.4 million in cash on hand for his
campaign, putting him in third place in campaign funding among the
Republican presidential candidates, behind Rudy Giuliani and Mitt
Romney. Senator McCain has reported that he has just $2 million.
What's most interesting here is not just that McCain is running out of
money, but that Ron Paul's campaign seems to be accelerating. Reports
show that he raised roughly four times as much money in the second
quarter of the year than he did during the first quarter. "I think some
of the candidates are on the down-slope, and we're on the up-slope," the
Congressman said.
When George Stephanopoulos asked Ron Paul why he thought his campaign is
becoming increasingly successful, he replied that "I think people have
underestimated the number of people in this country who are interested
in a freedom message. Just being free--free of the government oppression
of us, whether it's on our personal liberties or our economic liberties.
And they certainly like the foreign policy of non-intervention--just
stay out of the internal affairs of others. So it's a freedom message.
It's a constitutional message. It's an American message. And I think
it's a very conservative Republican message as well. It's a very popular
message."
NEWS AND UPDATES THROUGHOUT THE WEEK
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 that may be of interest.
*****
THE WEEK AHEAD IN EARNINGS
This week we will be watching for earnings announcements from ALCOA,
Inc. (AA), Pepsi Bottling Group (PBG), Ruby Tuesday (RT), Yum! Brands
Inc. (YUM), M+T Bank Corporation (MTB), Marriott International (MAR),
and General Electric (GE).
THE ECONOMIC CALENDAR
We are looking for economic reports this week on Consumer Credit,
ICSC-UBS Store Sales, Wholesale Trade, MBA Purchase Applications, the
EIA Petroleum Status Report, the EIA Natural Gas Report, International
Trade, Jobless Claims, Chain Store Sales, Import and Export Prices,
Retail Sales, the RBC CASH Index, Business Inventories, Consumer
Sentiment, and the Money Supply. The Bank of Canada will also be making
a monetary policy announcement this week.
On Wednesday Federal Reserve Governor Kevin Warsh and Treasury Under
Secretary for Domestic Finance Robert Steel will both be in Washington
testifying before the House Financial Services Committee as a part of
its hearings on hedge funds and systematic risks. On the same day
Philadelphia Federal Reserve Bank President Charles Plosser will be in
London to talk to the European Economics and Financial Centre seminar
about U.S. monetary policy and the state of housing prices in the U.S.
Thursday will bring Janet Yellen, the president of the San Francico
Federal Reserve Bank, to Anchorage, Alaska, where she will speak and
perhaps try to dodge questions. Also on Thursday, Fed Governor Randall
Kroszner will be in Washington to talk to the New York Bankers
Association conference about Basel II compliance.
The week's headline act, however, will be Fed Chairman Ben Shalom
Bernanke, who will be going to Massachusetts on Tuesday to speak to the
National Bureau of Economics Research in Cambridge. His topic will be
inflation in the U.S.; he's expected to field questions from the
audience following his presentation.
ASTROLOGICAL DYNAMICS
The trading week ahead will be dominated by the residual energy of
Mercury's retrograde motion, even though Mercury will have resumed
direct motion by the end of the day on Monday. As we move back into
Mercury's direct phase it will be tempting to believe that everything
will suddenly get back to normal again, but for much of this week we can
expect the fake-outs, delays, and confusion to continue.
Mercury's direct station comes on Monday night, less than an hour before
the transneptunian factor Apollon also resumes direct motion. This
combination is likely to bring some false hope to the trading floor,
with prices moving up on Tuesday and Wednesday, prior to a retreat
during the remainder of the week. Remember that Tuesday afternoon brings
a void-of-course Moon which carries through the end of the Wall Street
trading day; be extremely cautious in your trading, or step aside from
your trading activity altogether and go fishing instead.
My expectations for a little bit of a temporary boost to the trading
environment are increased by the opposition of heliocentric Venus to
Hades on Wednesday evening. By Thursday, however, the heliocentric
Mercury/Neptune conjunction in the middle of the trading day signals the
beginning of a potential price pullback, with the heliocentric
Venus/Pluto conjunction that evening adding to the likelihood that
trading will turn choppy for what's left of the trading week.
Friday's heliocentric Mercury/Admetos square adds a little more negative
expectation as we move into the weekend. On Saturday, the heliocentric
Venus/Saturn opposition in combination with the New Moon suggests even
more choppy action to come, with a slightly negative bias.
Throughout this week I will be tracking heliocentric fourh-harmonic
planetary lines (H,90,N,-2) for Mercury, Venus, Saturn, Neptune, Pluto,
Chiron, Hades, 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.
When we reawaken ourselves to the superhuman potential of our divine
nature, it's not unusual to experience a shock of recognition. How could
we have been so blind to something so fundamental? But being awestruck
is not what's called for now; instead we must persist in right action
and clear communication. As we refocus our thoughts and intentions,
amazing vistas of consciousness will spontaneously expand before us,
bringing us ever closer to a full realization and embodiment of our
divine essence.
"Life is like a train. It's bearing down on you and guess what? It's
going to hit you. So you can either start running when it's far off in
the distance, or you can pull up a chair, crack open a beer, and just
watch it come." -- Eric Forman
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 turned in uniformly positive results around the globe last week,
with small cap and tech issues in the U.S. putting in a strong showing
and more modest gains in Europe, Tokyo, and Singapore. Hong Kong showed
the greatest strength, with the Hang Seng extending its breakout from a
10-week trading range to set new record highs.
Dow Jones Industrial Average -- up 1.51%
Dow Jones Transportation Average -- up 2.60%
Dow Jones Utilities Average -- up 1.40%
S+P 500 -- up 1.80%
NASDAQ Composite Index -- up 2.43%
Russell 2000 -- up 2.23%
London FTSE-100 -- up 1.24%
Paris CAC-40 -- up 0.79%
Frankfurt DAX -- up 0.51%
Sydney All Ordinaries -- up 1.15%
Tokyo Nikkei Index -- up 0.01%
Hong Kong Hang Seng Index -- up 3.49%
Singapore Straits Times Index -- up 0.39%
*****
U.S. EQUITY TRENDS
Although last week's gains need to be seen in the light of an
abbreviated trading week and lighter volume in the equities markets, the
positive showing in U.S. stocks left our trend assumptions for U.S.
equity markets unchanged. All of our bullish projections, remain intact,
but especially with Mercury still in retrograde motion as this trading
week gets underway, we will continue to monitor the market action
closely. The possibility of a reversal to the downside remains very much
alive.
The Russell 2000 is currently on a November 14 buy signal. A daily close
below 807 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.
With the S+P 500 we have an April 5 short-term buy signal in place, with
a daily close below 1460 needed to trigger a reverse indicator back to
the sell side. We also have an August 18 buy signal in place for 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.
Our bullish indicators also remain intact for the NASDAQ Composite. We
are on an April 20 short-term buy signal, an October 13
intermediate-term buy signal, and an October 13 long-term buy signal. A
daily close below 2519 will flip our short-term indicator back to the
sell side, with a daily close below 2331 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
*****
METAL MARKETS
GOLD -- Although Gold tried valiantly to rally in light trading last
week, the prevailing downtrend is still very much in effect. I continue
to expect Gold prices to fall even farther until the end of July or the
first week of August.
SILVER -- During the coming trading week I wouldn't be surprised to see
Silver test the lows it hit in late June, which may provide a buying
opportunity for a short-term play. Overall, however, the prospects for
Silver continue to suggest a fairly narrow trading range. It will be a
few weeks before we see a significant price breakout.
*****
FINANCIAL CYCLES MODEL PORTFOLIO
POSITIONS CLOSED DURING THE PREVIOUS WEEK: AVT, TEX,
VSEA.
We closed three positions during the previous week, with one winner and
two losers bringing us a net loss of $578.00.
We bought to cover 300 shares of Avnet, Inc. (AVT) at 41.33 on 07/02/07,
taking a loss of $231.00 (a 1.90% loss in 4 trading days).
We bought to cover 100 shares of Terex Corporation (TEX) at 84.00 on
07/02/07, taking a profit of $40.00 (a 0.47% gain in 9 trading days).
We sold 300 shares of Varian Semiconductor Equipment Assiciates, Inc.
(VSEA), taking a loss of $387.00 (a 3.18% loss in 4 trading days).
*****
POSITIONS ADDED TO THE PORTFOLIO DURING THE PREVIOUS
WEEK:
FLS, PCU, UNP.
We added two long positions and one short position to the Model
Portfolio last week.
We sold short 200 shares of Flowserve Corporation (FLS) at 73.50 on
07/02/07, with an initial buy stop set at 74.30.
We bought 100 shares of Southern Copper Company (PCU) at 98.54 on
07/03/07, with an initial stop set at 87.75.
We bought 100 shares of Union Pacific Corporation (UNP) at 116.56 on
07/03/07, with an initial stop set at 111.25.
****
REVIEW OF PREVIOUS MODEL PORTFOLIO ACTIVITY
So far this year we have had a total of 83 completed trades, with 33
winners and 50 losers bringing us a total net profit of $2,566.00. The
largest profit for a single trade has been $2,775.00, with our winners
averaging $473.55; the largest single-trade loss has been $754.00, with
our losers averaging $273.74. The overall average profit per trade has
been $30.92, and the mean duration of our trades has been 10.3 trading days.
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
FLIR Systems, Inc. (FLIR) -- bought 300 shares at 40.23 on 06/08/07;
currently 47.32. Raise stop to 46.16.
Flowserve Corporation (FLS) -- sold short 200 shares at 73.50 on
07/02/07; currently 74.17. Buy stop set at 74.30.
Scansource Inc. (SCSC) -- sold short 300 shares at 32.12 on 06/29/07;
currently 32.00. Lower buy stop to 33.70.
Southern Copper Company (PCU) -- bought 100 shares at 98.54 on 07/03/07;
currently 101.93. Raise stop to 95.50.
Union Pacific Corporation (UNP) -- bought 100 shares at 116.56 on
07/03/07; currently 116.81. Raise stop to 114.35.
*****
MARKET SECTOR STRENGTH AND WEAKNESS
STRONGEST MARKET SECTORS LAST WEEK:
Lodging; Diversified Electronics; Silver; Hotel and Motel REITS; Heavy
Construction.
WEAKEST MARKET SECTORS LAST WEEK:
Music and Video Stores; Sporting Goods; National Investment Brokerages;
Personal Service; Manufactured Housing.
*****
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 this 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. Note that in order to
save space this calendar excludes most lunar aspects, which can also be
important in moving markets as well.
July 8
Heliocentric Mercury in 24th harmonic to Heliocentric Neptune 02:36 EDT
Moon crossing Universal Clock 24 Line 03:46 EDT
Heliocentric Mars semisquare Heliocentric Chiron 03:48 EDT
Heliocentric Venus sextile Heliocentric Neptune 06:10 EDT
Mars in 24th Harmonic to Admetos 07:00 EDT
Void-of-Course Moon 09:06-13:54 EDT
Heliocentric Earth sextile Heliocentric Uranus 09:33 EDT
Heliocentric Mars square Heliocentric Pluto 09:59 EDT
Heliocentric Mercury square Heliocentric Poseidon 18:33 EDT
Venus trine Pluto 21:15 EDT
July 9
Sun parallel Hades 00:12 EDT
Heliocentric Mercury biquintile Heliocentric Kronos 06:33 EDT
Sun square 03/03/07 Lunar Eclipse antiscion 09:37 EDT
Sun biquintile Jupiter 13:22 EDT
Heliocentric Venus quintile Heliocentric Zeus 13:36 EDT
Heliocentric Venus semisquare Heliocentric Poseidon 15:14 EDT
Heliocentric Mercury trine Heliocentric Zeus 15:20 EDT
Moon crossing Universal Clock 24 Line 20:05 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Hades 20:17 EDT
Mercury parallel Admetos 20:32 EDT
Sun in 24th Harmonic to Mercury 22:12 EDT
Mercury direct station 22:16 EDT
Apollon direct station 22:50 EDT
July 10
Heliocentric Earth semisextile Heliocentric Jupiter 02:01 EDT
Mars quincunx Jupiter 05:25 EDT
Heliocentric Mercury conjunct Heliocentric Chiron 06:24 EDT
Mars contraparallel Poseidon 06:25 EDT
Heliocentric Mercury semisquare Heliocentric Pluto 07:23 EDT
Void-of-Course Moon 12:54-16:10 EDT
Heliocentric Mercury sextile Heliocentric Cupido 13:00 EDT
Heliocentric Venus quincunx Heliocentric Admetos 14:07 EDT
Heliocentric Mercury semisquare Heliocentric Mars 17:23 EDT
Heliocentric Venus quincunx Heliocentric Vulcanus 18:39 EDT
Sun in 24th Harmonic to Kronos 23:29 EDT
Mars semisquare Hades 23:40 EDT
July 11
Sun trine Uranus 01:32 EDT
Sun biquintile Cupido 05:38 EDT
Heliocentric Mercury semisextile Heliocentric Uranus 06:12 EDT
Heliocentric Venus sextile Heliocentric Apollon 07:06 EDT
Moon crossing Universal Clock 24 Line 12:16 EDT
Mars sesquiquadrate Pluto 15:23 EDT
Heliocentric Mercury sextile Heliocentric Jupiter 17:50 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Kronos 21:10 EDT
Heliocentric Venus opposition Heliocentric Hades 21:45 EDT
Mars opposition 02/07/08 Solar Eclipse point 21:59 EDT
July 12
Heliocentric Mars enters Aries 00:05 EDT
Mars quintile Vulcanus 00:22 EDT
Heliocentric Earth quintile Heliocentric Poseidon 03:22 EDT
Heliocentric Earth semisextile Heliocentric Mercury 07:08 EDT
Heliocentric Venus trine Heliocentric Saturn 11:23 EDT
Heliocentric Mercury conjunct Heliocentric Neptune 11:46 EDT
Mars quincunx Cupido 13:15 EDT
Void-of-Course Moon 17:12-18:39 EDT
Heliocentric Venus semisquare Heliocentric Chiron 20:01 EDT
Heliocentric Venus conjunct Heliocentric Pluto 21:47 EDT
July 13
Heliocentric Earth semisextile Heliocentric Neptune 00:30 EDT
Moon crossing Universal Clock 24 Line 04:54 EDT
Heliocentric Venus in 24th harmonic to Heliocentric Cupido 09:50 EDT
Heliocentric Mercury square Heliocentric Admetos 11:52 EDT
Heliocentric Mercury quincunx Heliocentric Vulcanus 13:47 EDT
Heliocentric Mars in 24th harmonic to Heliocentric Uranus 17:43 EDT
Heliocentric Earth biquintile Heliocentric Saturn 18:10 EDT
Heliocentric Mercury trine Heliocentric Apollon 19:02 EDT
Mars contraparallel Neptune 19:39 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Zeus 20:44 EDT
Heliocentric Mercury quintile Heliocentric Cupido 21:15 EDT
July 14
Sun quincunx Neptune 01:10 EDT
Heliocentric Mercury trine Heliocentric Hades 01:14 EDT
Heliocentric Mercury opposition Heliocentric Saturn 07:21 EDT
Heliocentric Venus enters Capricorn 07:25 EDT
New Moon 08:04 EDT
Void-of-Course Moon 08:04-22:43 EDT
Heliocentric Venus biquintile Heliocentric Admetos 09:07 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Chiron 10:44 EDT
Heliocentric Mercury sextile Heliocentric Pluto 11:23 EDT
Mars parallel Saturn 12:13 EDT
Heliocentric Mars biquintile Heliocentric Poseidon 13:32 EDT
Venus enters Virgo 14:27 EDT
Mars square Chiron 16:04 EDT
Mercury conjunct Kronos 21:05 EDT
Moon crossing Universal Clock 24 Line 22:44 EDT
July 15
Heliocentric Mercury enters Pisces 01:09 EDT
Heliocentric Mercury quintile Heliocentric Jupiter 01:21 EDT
Heliocentric Mercury biquintile Heliocentric Vulcanus 03:42 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Uranus 08:00 EDT
Sun sesquiquadrate True Lunar Node 11:27 EDT
Heliocentric Mercury sextile Heliocentric Venus 13:24 EDT
Heliocentric Mercury semisextile Heliocentric Mars 15:09 EDT
Sun contraparallel Jupiter 18:51 EDT
Heliocentric Venus square Heliocentric Mars 19:29 EDT
Heliocentric Mercury trine Heliocentric Kronos 21:13 EDT
While 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: CHKP, CPRT, FDS, GE.
Check Point Software Technologies Ltd. (CHKP)
NASDAQ; optionable
First Trade Date: 06/28/1996; 09:30 a.m.
Transiting Saturn is approaching the CHKP First-Trade Ascendant,
providing a classic signal that it's time to consider a long position in
this stock. The First-Trade Ascendant is also being energized with
aspects from two transneptunian factors: a semisquare from transiting
Zeus and a square from transiting Admetos. This combination suggests
that it may be time for this stock to break through the resistance it
encountered last February, and then again in May. There's some extra
potential for volatility currently being provided by the semisquare from
transiting Uranus to First-Trade Uranus, and the semisquare from
transiting Mercury to the First-Trade Midheaven makes it certain that
this stock will get talked about a lot in the coming weeks. Our plan is
thus to take an immediate long position in CHKP; our initial stop will
be set at 22.25.
Copart, Inc. (CPRT)
NASDAQ; optionable
First Trade Date: 03/17/1994; 09:30 a.m.
Ordinarily, when we see transiting Jupiter approaching an angle in a
First-Trade horoscope, it's a signal that the stock is a likely
candidate for a short sale--we expect Jupiter to bring a short-term top,
and once Jupiter has moved out of the way, we can reap profits as the
price moves down. In the case of CPRT, however, Jupiter is slowing down
and getting ready to make a station as it approaches the First-Trade
Descendant. That means we can look for the positive Jupiter energy to
hang around until well past the middle of August in this case.
Transiting Jupiter is also forming a semisquare to First-Trade Uranus,
so there's some extra juice in this situation, which is further
augmented by transiting True Lunar Node, which is conjoining First-Trade
Mars as it forms a semisquare to First-Trade Neptune. We won't wait
around to add a long position in this stock to the Model Portfolio; we
plan to do so early in the trading week. Our initial stop will be set at
28.50.
FactSet Research Systems Inc. (FDS)
NYSE; optionable
First Trade Date: 06/28/1996; 09:30 a.m.
Yes, FDS has the same First-Trade horoscope as CHKP. It trades in a
higher price range, however, and seems to respond just a little bit more
slowly to astrological stimuli than CHKP does. With that in mind, our
plan is to enter a long position in FDS a bit later in the week than we
will with CHKP, probably on Tuesday or Wednesday. Our initial stop in
the FDS trade will be set at 62.25.
General Electric Company (GE)
NYSE; optionable
First Trade Date: 05/27/1926; 10:00 a.m.
Will Friday the 13th be a lucky day for General Electric? At 8:30 that
morning, the company will host its quarterly conference call to report
earnings. A glance at the horoscope for that call, compared with the GE
First-Trade horoscope, reveals some powerful dynamics at work.
First-Trade Pluto will be getting a lot of action, receiving a
semisquare from transiting Venus and a sextile from transiting Mars.
This configuration suggests that there will not only be news of
successful results for the company during the past quarter, but some
impressive new plans revealed as well. A semi-square from the transiting
true lunar node to first trade Venus enhances the prospects for good
news on Friday. Transiting Uranus conjoins First-Trade Mars, adding some
extra energy to the mix. The real kicker, however, is the opposition of
transiting Jupiter to First-Trade Vulcanus. This is a planetary
combination that Witte says signifies "Optimism. Confidence. Mighty
luck. Success by force. Might of money and finances." The days this week
prior to Friday's conference call could thus be a particularly opportune
time to take a long position in this stock. In this case we may decide
to buy some calls; an initial stop of 34.50 would be comfortable for a
long position in the equity itself.
*****
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