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YOUR WEEKLY ASTRO-TRADING PLAN
IN THIS ISSUE
Comment
Blame Real Estate
Don't Forget Bernanke
Which Way Will the Market Tip?
UK Bombing Report
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: Very much in line with my forecast for
last week, we had a week
that got underway with blue chips hitting all-time highs, followed by a
sell-off toward the end of the week that washed away all the gains of
the previous trading sessions.
With earnings season in full swing and dozens upon dozens of earnings
reports hitting the market each week, I fully expected some
disappointing news in that department to be the signal for a short-term
market reversal. There were some bleak spots in last week's earnings
news--most notably a sharp drop in performance from Caterpillar (CAT).
Overall, however, most of the issues I have been following have had
reasonably positive earnings news, and the FinancialCyclesWeekly Model
Portfolio only got stopped out on one significant position. So what
happened?
BLAME THE REAL ESTATE BUST
In a nutshell, the problem is the persistent weakness in real estate.
For some months now, the market pundits have been in a state of denial,
apparently hoping that their wishful thinking would somehow resuscitate
the real estate boom of a year or two ago. But despite all their bleats
of encouragement, the negative news from that part of the economy has
persisted month after month, making it apparent that we have yet to hit
a bottom in housing prices. And, while the picture presented by housing
is grim enough, we have yet to see the full impact of the downturn on
commercial property--the plunge there could ultimately make the losses
in housing values look like a Sunday school picnic.
BERNANKE AND THE BANKS
Last week's sudden return to sobriety was largely due to key
communications from two important sources: large banks and the Federal
Reserve Chairman.
A few large banks, most notably Citicorp, turned in some very positive
earnings reports last week, with big jumps in revenues. But along with
the rosy numbers, there were also some somber admissions hidden in the
quarterly reports. Thanks to the steadily rising number of foreclosures
and the ultimately untenable nature of subprime loans, there have been
some significant income losses creeping into the financial picture, and
there are clearly more losses to come. In other words, the banking
industry is finally admitting that the big real estate bust is having a
broad effect.
Never one to be left out of the picture, Federal Reserve Chairman Ben
Shalom Bernanke emphasized the same point in his testimony before
congress last week. "A lot of the subprime mortgage paper is not, you
know, as good as was thought originally," he confessed. Dr. Bernanke's
comments, along with the news from the banks against the backdrop of
Thursday's void-of-course Moon and Friday's double-whammy of a Sun/Zeus
waning quintile and a waxing Mars/Uranus sextile, was all it took to
yank stock prices back down.
A BALANCE POINT
So now the equities rally is at a balance point. The upward thrust has
met some significant resistance, and some of the more seasoned money is
now being positioned with increasing caution.
In this kind of situation, the trend could resolve itself in either
direction. The bulls have been in charge for quite a while now, but some
hints of bearishness are starting to creep into the market psychology.
Conventional wisdom suggests that we are now close to a time for a
significant correction. But I do my best to avoid following the
conventional wisdom. So rather than expecting this particular juncture
in the market to be the start of a major decline, I'm expecting just the
opposite right now. The time is just about right for lots of small-scale
investors to wake up and take notice of the fact that a bunch of money
has been made in the stock market in the past few months, and then to
decide to jump on the bandwagon. As that happens, probably over the next
30 days or so, we should see another short-term rally get underway. But
if a lot more money comes into equities and a feeding frenzy develops
among small investors, it's definitely time for us to go short!
U.K. REPORT STILL AVAILABLE
My comments on the astrological connections with the recent bombing
attempts in the United Kingdom are available online as a free
downloadable PDF file. To get your copy of this illustrated monograph,
go to the Free IQ download site at
http://clicks.aweber.com/z/ct/?bB6c7aINhbnS9Om4imli5Q
and click on the
PDF link.
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
The flood of earnings reports continues during the coming week; we will
be watching for earnings announcements from Altera Corporation (ALTR),
American Express Company (AXP), Equifax Inc. (EFX), Halliburton Company
(HAL), Hasbro, Inc. (HAS), Hercules (HPC), Merck and Company Inc. (MRK),
Pactive (PTV), Plum Creek Timber (PCL), Schering-Plough (SGP), Texas
Instruments (TXN), Weatherford International (WFT), ACE Limited (ACE),
Aflac Incorporated (AFL), Amazon.com, Inc. (AMZN), AT+T (T), Avaya (AV),
Avery Dennison Corporation (AVY), Biogen Idec Inc. (BIIB), BJ SVCS CO
(BJS), Boston Properties (BXP), Burlington Northern Santa Fe Corporation
(BNI), C.H. Robinson Worldwide Inc. (CHRW), C.R. Bard, Inc. (BCR),
Centex Corporation (CTX), Chicago Mercantile Exchange Holdings, Inc.
(CME), Chubb Corporation (CB), Commerce Bancorp, Inc. (CBH), Countrywide
Financial Corporation (CFC), Developers Diversified Realty Co. (DDR),
DuPont (DD), Ecolab Inc. (ECL), Eli Lilly (LLY), EMC Corporation (EMC),
ENSCO International (ESV), Fidelity National Information (FIS), Kimberly
Clark (KMB), Laboratory Corporation of America (LH)O, Legg Mason (LM),
Lexmark International Inc. (LXK), Linear Technology (LLTC), Lockheed
Martin (LMT), Nabors Industries (NBR), Northrop Grumman (NOC),
Occidental Petroleum Corporation (OXY), Omnicom Group (OMC), PACCAR
(PCAR), PepsiCo (PEP), Precision Castparts (PCP), Quest Diagnostics
(DGX), Robert Half International (RHI), Rohm and Haas Company (ROH),
Sigma-Aldrich Corporation (SIAL), Smith International Inc. (SII),
Supervalu Inc. (SVU), Synovus Financial Corporation (SNV), Tellabs
(TLAB), The E.W. Scripps Company (SSP), The McGraw Hill Companies (MHP),
The Stanley Works (SWK), Unisys (UIS), United Parcel Service Inc. (UPS),
United States Steel Corp. (X), Waters Corporation (WAT), Western Union
Co. (WU), XL Capital Ltd. (XL), XTO Energy Inc. (XTO), Air Products and
Chemicals Inc. (APD), Akamai Technologies Inc. (AKAM), Allegheny
Technologies (ATI), Ambac Financial Group (ABK), Ameriprise Financial,
Inc. (AMP), Anheuser-Busch Companies, Inc. (BUD), Apple Inc. (AAPL),
Ashland (ASH), Colgate-Palmolive (CL), ConocoPhillips (COP), Convergys
Corporation (CVG), Corning (GLW), Dover Corporation (DOV), E*TRADE
Financial Corp. (ETFC), Exelon Corporation (EXC), Express Scripts Inc.
(ESRX), Fiserv (FISV), Freeport-0McMoRan Copper and Gold (FCX), General
Dynamics (GD), Genzyme Corporation (GENZ), Hess Corporation (HES),
Hudson City Bancorp (HCBK), LSI Corporation (LSI), MEMC Electronic
Materials (WFR), Meredith Corporation (MDP), Murphy Oil Corporation
(MUR), National Oilwell Varco (NOV), Norfolk Southern Corporation (NSC),
Praxair Inc. (PX), Pulte Homes Inc. (PHM), QUALCOMM Inc. (QCOM), Questar
Corp. (STR), Reynolds American, Inc. (RAI), Rockwell Automation (ROK),
Ryder System, Inc. (R), Sealed Air (SEE), Snap-on Incorporated (SNA),
Symantec (SYMC), Temple-Inland Inc. (TIN), Terex Corporation (TEX), The
Boeing Company (BA), The New York Times Company (NYT), Varian Medial
Systems, Inc. (VAR), WellPoint Inc. (WLP), Xcel Energy (XEL), Xerox
Corporation (XRX), Zimmer Holdings, Inc. (ZMH), 3M Company (MMM), Aetna
Inc. (AET), Allegheny Energy, Inc. (AYE), AmeriSourceBergen (ABC), Amgen
(AMGN), Apache Corporation (APA), AutoNation (AN), Ball Corporation
(BLL), Becton, Dickinson and Company (BDX), Black and Decker Corporation
(BDK), Bristol-Myers Squibb (BMY), Brunswick Corporation (BC), Celgene
Corp. (CELG), Coca-Cola Enterprises Inc. (CCE), Comcast Corporation
(CMCSA), Compuware Corporation (CPWR), D.R. Horton (DHI), Eastman
Chemical Company (EMN), Embarq Corporation (EQ), ExxonMobil Corporation
(XOM), Federated Investors, inc. (FII), Ford Motor Company (F), Franklin
Resources (BEN), Genworth Financial Inc. (GNW), Goodrich Corporation
(GR), Hartford Financial Services (HIG), Janus Capital VeriSign, Inc.
(VRSN), Group Inc. (JNS), Kellogg Company (K), KLA-Tencor (KLAC), L-3
Communications Holdings (LLL), Manor Care Inc. (HCR), MBIA Inc. (MBI),
McKesson Corporation (MCK), Mylan Laboratories (MYL), National City
(NCC), Newell Rubbermaid (NWL), Office Depot Inc. (ODP), PerkinElmer
(PKI), Pinnacle West Capital Corporation (PNW), ProLogis (PLD), QLogic
(QLGC), Raytheon (RTN), Rockwell Collins, Inc. (COL), Southern Company
(SO), The Dow Chemical Company (DOW), The Travelers Companies, Inc.
(TRV), Thermo Fisher Scientific (TMO), UST Inc. (UST), Wendy's
International (WEN), Baker Hughes Incorporated (BHI), Chevron (CVX),
Clear Channel Communications (CCU), Constellation Energy Group, Inc.
(CEG), Fortune Brands (FO), Ingersoll-Rand Company (IR), ITT Corporation
(ITT), KIMCO Realty Corp. (KIM), and Medco Health Solutions (MHS).
THE ECONOMIC CALENDAR
This week Eric Rosengren will succeed Cathy Minehan as the president of
the Boston Federal Reserve Bank, but other than that most of the week's
economic news will come from government and academic statistics. The
economic reports we are looking for this week include ICSC-UBS Store
Sales, the State Street Investor Confidence Index, MBA Purchase
Applications, the EIA Petroleum Status Report, the EIA Natural Gas
Report, Existing Home Sales, Durable Goods Orders, Help Wanted Index,
GDP, Consumer Sentiment, Jobless Claims, and the Money Supply.
ASTROLOGICAL DYNAMICS
The week ahead brings a variety of astrological factors that suggest
positive market direction, but none of them are dramatic enough to lead
me to suspect a major renewal of the rally in stocks. Monday's entry of
the Sun into Leo is a positive indicator for stock prices, but the
Poseidon station in the early afternoon is likely to be the precursor of
lower prices. In aggregate, then, I expect Monday to get off to a solid
start, and then experience a good bit off congestion throughout the
trading day, with a close not too far from the opening price.
Tuesday's astrological indicators are quite positive, with a
Mars/Neptune square and a heliocentric Mercury/Zeus opposition in play.
There's a void-of-course Moon throughout the entire trading day,
however, so any positive signs need to be looked at quite suspiciously.
My plan, as usual, is to step aside from active trading that day.
My expectation is for the positive energy to carry over into Wednesday,
and then start to fade a bit on Thursday under the influence of the
waning square between heliocentric Mercury and Vulcanus. Late Thursday
night there is a heliocentric Mercury/Apollon opposition, however, which
should trigger some positive price action on Friday, especially with
reinforcement from Friday's Venus station.
Following that station, though, as we move into the weekend and the Full
Moon, the stage is being set for some more moderation in market prices.
It's possible for that energy to manifest a bit early, so I definitely
plan to be alert for shifts in trends that can impact my positions.
Throughout this week I will be tracking heliocentric third-harmonic
planetary lines (H,120,N,-2) for Mercury, Venus, Mars, Jupiter, Saturn,
Pluto, 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.
The actions that we take right now bring with them a huge potential for
transformation at both a personal level and a social level. It's
literally true that whatever we imagine can blossom into full
manifestation as long as we get clear about the outcomes we desire and
then take action toward those ends. It's a worthwhile endeavor,
especially as our more passive inclinations begin to fade and our more
assertive and directed capabilities start to express themselves.
"If opportunity doesn't knock, build a door." -Milton Berle
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 around the world took a breather last week, with European issues
leading the move to the downside. Hong Kong and Sydney were the
exception; both bourses managed to post modest gains for the week.
Dow Jones Industrial Average -- down 0.40%
Dow Jones Transportation Average -- down 0.18%
Dow Jones Utilities Average -- down 0.71%
S+P 500 -- down 1.19%
NASDAQ Composite Index -- down 0.72%
Russell 2000 -- down 2.26%
London FTSE-100 -- down 1.96%
Paris CAC-40 -- down 2.63%
Frankfurt DAX -- down 2.69%
Sydney All Ordinaries -- up 0.50%
Tokyo Nikkei Index -- down 0.44%
Hong Kong Hang Seng Index -- up 0.83%
Singapore Straits Times Index -- down 0.09%
*****
U.S. EQUITY TRENDS
U.S. stocks hit new record highs early in the week, and then gave up all
of the week's gains by Friday's closing bell. Nevertheless, all of our
bullish trend assumptions for U.S. equity markets remained unchanged at
this point, even though the current rally is hitting some resistance and
starting to lose momentum.
The Russell 2000 is currently on a November 14 buy signal. A daily close
below 820 will reverse our short-term indicator, while a close below 760
will flip our intermediate-term buy signal and a close below 668 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 1484 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 1219 will signal a long-term bearish trend, with
a close below 1364 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 2560 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 -- Last week Gold lost some ground during its initial trading
sessions, but then rallied as U.S. stocks tanked and the dollar lost
more ground. This week, I'm looking for a negative bias to Gold prices,
with the yellow metal continuing a decline into the first week of August.
SILVER -- As I indicated last week, my expectation is for a substantial
run-up in Silver between now and September 1. Last week saw a
respectable gain for this metal, and I'm looking for momentum to gather
as we push ahead into August.
*****
FINANCIAL CYCLES MODEL PORTFOLIO
TRADE CLOSED DURING THE PREVIOUS WEEK: CPRT.
We closed one trade during the previous week, with one loser bringing us
a net loss of $246.00.
We sold 300 shares of Copart, Inc. (CPRT) a 30.31 on 07/17/07, taking a
loss of $246.00 (a 2.63% loss in 6 trading days).
*****
POSITIONS ADDED TO THE PORTFOLIO DURING THE PREVIOUS WEEK: CVX, BRY.
We added two long positions to the Model Portfolio last week.
We bought 100 shares of Chevron Corporation (CVX) at 92.68 on 07/16/07,
with an initial stop set at 88.75.
We bought 200 shares of Berry Petroleum Company Class A (BRY) at 41.02
on 07/18/07, with an initial stop set at 36.85.
****
REVIEW OF PREVIOUS MODEL PORTFOLIO ACTIVITY
So far this year we have had a total of 87 completed trades, with 34
winners and 53 losers bringing us a total net profit of $3,331.00. The
largest profit for a single trade has been $2,775.00, with our winners
averaging $510.25; the largest single-trade loss has been $754.00, with
our losers averaging $276.30. The overall average profit per trade has
been $38.29, 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
Berry Petroleum Company Class A (BRY) -- bought 200 shares at 41.02 on
07/18/07; currently 40.11. Raise stop to 38.90.
Check Point Software Technologies Ltd. (CHKP) -- bought 500 shares at
23.09 on 07/09/07; currently 23.41. Raise stop to 23.10.
Chevron Corporation (CVX) -- bought 100 shares at 92.68 on 07/16/07;
currently 92.12. Raise stop to 90.55.
FactSet Research Systems Inc. (FDS) -- bought 200 shares at 65.74 on
07/11/07; currently 67.37. Raise stop to 65.95.
General Electric Company (GE) -- bought 9 December 2007 $40 calls at
1.50 on 07/10/07; currently 2.20.
Southern Copper Company (PCU) -- bought 100 shares at 98.54 on 07/03/07;
currently 112.53. Raise stop to 109.00.
Union Pacific Corporation (UNP) -- bought 100 shares at 116.56 on
07/03/07; currently 125.87. Raise stop to 122.00.
*****
MARKET SECTOR STRENGTH AND WEAKNESS
STRONGEST MARKET SECTORS LAST WEEK:
Manufactured Housing; Data Storage Devices; Semiconductor Equipment and
Materials; Railroads; Diversified Computer Systems.
WEAKEST MARKET SECTORS LAST WEEK:
Recreational Goods; Drug Delivery; National Investment Brokerages;
Residential Construction; 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 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 22
Heliocentric Mercury enters Aries 01:01 EDT
True Lunar Node retrograde station 01:26 EDT
Void-of-Course Moon 02:29-04:18 EDT
Heliocentric Venus sesquiquadrate Heliocentric Saturn 04:05 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Uranus 06:58 EDT
Pluto opposition Hades 08:31 EDT
Heliocentric Mercury biquintile Heliocentric Poseidon 09:09 EDT
Heliocentric Venus semisextile Heliocentric Chiron 09:44 EDT
Heliocentric Venus in 24th harmonic to Heliocentric Pluto 10:06 EDT
Mercury in 24th Harmonic to Vulcanus 13:16 EDT
Mercury square Zeus 15:31 EDT
Moon crossing Universal Clock 24 Line 16:26 EDT
Heliocentric Mercury square Heliocentric Kronos 17:26 EDT
Mars quintile True Lunar Node 17:57 EDT
Heliocentric Mercury biquintile Heliocentric Saturn 18:18 EDT
Mercury semisquare Saturn 19:44 EDT
Mercury semisquare Admetos 20:46 EDT
Mars contraparallel Pluto 21:15 EDT
Heliocentric Venus semisextile Heliocentric Cupido 21:52 EDT
July 23
Sun enters Leo 01:00 EDT
Sun crossing Universal Clock 24 Line 01:00 EDT
Mercury parallel Vulcanus 01:40 EDT
Heliocentric Mercury semisquare Heliocentric Neptune 04:17 EDT
Mercury quincunx Jupiter 05:37 EDT
Saturn square Admetos 06:14 EDT
Mercury square 10/03/05 Solar Eclipse point 06:28 EDT
Heliocentric Mercury conjunct Heliocentric Mars 12:27 EDT
Poseidon direct station 12:49 EDT
Heliocentric Mercury quincunx Heliocentric Poseidon 14:33 EDT
Heliocentric Mercury semisquare Heliocentric Admetos 21:45 EDT
Saturn quintile Poseidon 22:11 EDT
July 24
Mercury square 09/11/07 Solar Eclipse antiscion 00:49 EDT
Mercury contraparallel Cupido 03:34 EDT
Heliocentric Mercury opposition Heliocentric Zeus 04:22 EDT
Heliocentric Mars quincunx Heliocentric Poseidon 05:39 EDT
Mars biquintile Pluto 06:18 EDT
Void-of-Course Moon 06:30-16:29 EDT
Heliocentric Earth semisquare Heliocentric Uranus 07:06 EDT
Mercury contraparallel Jupiter 09:59 EDT
Heliocentric Venus sextile Heliocentric Uranus 13:10 EDT
Mercury in 24th Harmonic to Hades 13:38 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Saturn 13:51 EDT
Heliocentric Mercury sextile Heliocentric Chiron 15:20 EDT
Moon crossing Universal Clock 24 Line 16:29 EDT
Heliocentric Mercury trine Heliocentric Cupido 18:53 EDT
Mars square Neptune 19:10 EDT
Heliocentric Earth quintile Heliocentric Mercury 19:10 EDT
Sun biquintile True Lunar Node 19:12 EDT
Heliocentric Mercury quintile Heliocentric Hades 21:43 EDT
Heliocentric Earth in 24th harmonic to Heliocentric Venus 22:17 EDT
Heliocentric Pluto semisquare Heliocentric Chiron 23:02 EDT
July 25
Mercury quincunx Cupido 01:54 EDT
Heliocentric Mercury semisextile Heliocentric Uranus 06:50 EDT
Heliocentric Earth biquintile Heliocentric Hades 09:04 EDT
Heliocentric Mercury square Heliocentric Venus 14:24 EDT
Heliocentric Mercury trine Heliocentric Jupiter 19:00 EDT
Mercury quincunx Chiron 21:11 EDT
Sun biquintile Pluto 22:25 EDT
July 26
Sun semisextile Venus 02:09 EDT
Heliocentric Mercury sextile Heliocentric Neptune 02:17 EDT
Heliocentric Mercury quintile Heliocentric Kronos 05:46 EDT
Heliocentric Venus semisextile Heliocentric Jupiter 06:34 EDT
Sun sesquiquadrate Uranus 11:16 EDT
Heliocentric Earth quincunx Heliocentric Kronos 11:44 EDT
Moon crossing Universal Clock 24 Line 15:00 EDT
Heliocentric Mars semisquare Heliocentric Admetos 16:34 EDT
Heliocentric Venus quintile Heliocentric Poseidon 17:00 EDT
Heliocentric Mercury semisextile Heliocentric Admetos 18:19 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Mars 18:32 EDT
Mercury square 09/07/06 Lunar Eclipse antiscion 19:20 EDT
Heliocentric Mercury square Heliocentric Vulcanus 19:37 EDT
Void-of-Course Moon begins 20:13 EDT
Heliocentric Mercury quintile Heliocentric Chiron 21:35 EDT
Mercury biquintile Neptune 22:26 EDT
Sun semisextile Kronos 22:54 EDT
Heliocentric Mercury opposition Heliocentric Apollon 23:13 EDT
July 27
Void-of-Course Moon ends 02:21 EDT
Heliocentric Mercury sextile Heliocentric Hades 03:30 EDT
Heliocentric Earth semisquare Heliocentric Jupiter 05:39 EDT
Heliocentric Venus semisextile Heliocentric Neptune 06:46 EDT
Heliocentric Mercury trine Heliocentric Saturn 09:33 EDT
Heliocentric Mercury trine Heliocentric Pluto 10:36 EDT
Venus retrograde station 13:28 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Cupido 13:53 EDT
Mercury biquintile Jupiter 14:36 EDT
Heliocentric Mercury enters Taurus 19:42 EDT
Heliocentric Venus biquintile Heliocentric Saturn 23:51 EDT
July 28
Heliocentric Mercury semisquare Heliocentric Uranus 00:58 EDT
Mercury square 03/03/07 Lunar Eclipse antiscion 04:33 EDT
Heliocentric Mercury quintile Heliocentric Neptune 06:27 EDT
Sun parallel Admetos 08:32 EDT
Heliocentric Mercury sextile Heliocentric Kronos 09:42 EDT
Moon crossing Universal Clock 24 Line 11:36 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Jupiter 13:08 EDT
Heliocentric Earth square Heliocentric Mercury 18:50 EDT
Mercury semisquare Venus 18:58 EDT
Heliocentric Earth in 24th harmonic to Heliocentric Neptune 20:02 EDT
Void-of-Course Moon begins 22:23 EDT
Heliocentric Mars opposition Heliocentric Zeus 22:58 EDT
Mercury trine Uranus 23:17 EDT
July 29
Mercury biquintile Cupido 03:35 EDT
Heliocentric Mercury opposition Heliocentric Poseidon 03:41 EDT
Heliocentric Mercury biquintile Heliocentric Cupido 03:45 EDT
Mercury in 24th Harmonic to Kronos 07:41 EDT
Void-of-Course Moon ends 09:14 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Admetos 09:58 EDT
Heliocentric Venus trine Heliocentric Admetos 13:37 EDT
Heliocentric Mercury quincunx Heliocentric Zeus 15:40 EDT
Mars quincunx Apollon 16:15 EDT
Heliocentric Mercury semisextile Heliocentric Mars 17:36 EDT
Heliocentric Venus opposition Heliocentric Vulcanus 18:07 EDT
Heliocentric Mercury semisquare Heliocentric Hades 18:34 EDT
Full Moon 20:48 EDT
Mars sextile Vulcanus 21:08 EDT
Heliocentric Mercury quintile Heliocentric Vulcanus 23:23 EDT
Mars sesquiquadrate Zeus 23:39 EDT
While the weekly Gann Plan Astro-Trading Calendar acknowledges and
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portion of the wisdom that Gann brought to the markets during the last
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STOCKS TO WATCH: ESL, HP, NOK.
Esterline Technology Corporation (ESL)
NYSE; optionable
First Trade Date: 06/23/1070; 10:00 a.m.
Transiting Saturn is getting ready to cross the ESL First-Trade
Ascendant, creating a situation in which we expect to see higher prices
ahead for this stock. It is not Saturn, however, that really commands
attention when we look at the astrology behind this trade. First-Trade
Zeus is currently receiving semisquares from transiting Apollon and
transiting Vulcanus, as well as a square from transiting Jupiter. All of
this reinforces the positive prospects for ESL, so we plan to enter a
long position early in the trading week. Even so, transiting Uranus is
forming a semisquare to First-Trade Admetos, so there could be a little
choppiness in the price action during the next week or 10 days. With
that in mind, we plan to set our initial stop at 48.75, leaving it
fairly wide until the trade gets well-established.
Helmerich and Payne Inc. (HP)
NYSE; optionable
First Trade Date: 03/20/1963; 10:00 a.m.
In this case transiting Saturn is conjoining the HP first trade IC, also
setting the stage for a price run-up in this stock. HP is getting many
positive astrological reinforcements that enhance the prospects for this
trade: First-Trade Pluto is getting a square from transiting Jupiter and
a sextile from transiting Mercury, while First-Trade Jupiter receives a
square from transiting Pluto. The First-Trade Moon is getting a square
from transiting Apollon and an opposition from transiting Vulcanus,
while the Venus/Saturn conjunction in the HP First-Trade horoscope is
getting a sesquiquadrate from transiting Kronos. All this adds up to a
very positive mix; our plan is add an immediate long position to the
Model Portfolio, with an initial stop set at 30.85.
Nokia Corporation ADS (NOK)
NYSE; optionable
First Trade Date: 07/01/1994; 09:30 a.m.
Here's yet another example of transiting Saturn, hitting an angle in a
First-Trade horoscope. In this case, however, the outlook is not a
positive one, mainly because of the extra aspects that Saturn forums as
it crosses the NOK First-Trade Ascendant: a sextile to First-Trade
Kronos, a quincunx to First-Trade Uranus, and a square to First-Trade
Cupido. Our plan is thus to sell this stock short immediately; we will
place our initial buy stop at 34.50. From
*****
FINANCIAL CYCLES WEEKLY (ISSN 1055-8527) is published
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