|
YOUR WEEKLY ASTRO-TRADING PLAN
IN THIS ISSUE
Comment
Forecast Fulfilled
The Fed to the Rescue
A Shift in Sentiment
Dr. Ben's Chart
Saturnian Hex
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: Once again the name of the game in equities
trading is
volatility. While for the most part stock prices behaved last week in
harmony with my expectations, the moves were bigger and more
far-reaching than I had anticipated. The volatility took its toll, both
on markets around the world and on our Model Portfolio.
MEETING EXPECTATIONS
I noted in last week's letter that "this is a trading environment in
which extreme caution is warranted. There are plenty of booby traps
along the way." That warning certainly proved to be appropriate,
especially in the light of the huge sell-offs that rocked the markets
around the globe.
I also pointed out, however, that "Thursday brings a waning heliocentric
Jupiter/Neptune sextile and a heliocentric Mercury/Saturn conjunction,
both after the closing bell. Although they may not have a big effect on
the trading action that day, these aspects definitely pave the way for
higher prices ahead. On Friday the Mercury/Venus conjunction, the waning
Mercury/Pluto trine, and the waning Venus/Poseidon quintile all signal a
positive surge to bring the week to a close."
A POSITIVE SURGE
That "positive surge" was exactly what we got on Friday, after Fed
Chairman Ben Shalom Bernanke decided that the nosedive in equities
prices was apparently serious enough to warrant a little rate-cutting
action. While the half-a-point cut in the discount rate was more
symbolic than anything else, the surprise move did have more of an
impact on stock prices than the previous Fed strategy of pumping a lot
of money into the markets in an effort to shore things up. That's not
exactly an unexpected reaction, since the current mayhem in the markets
is rooted in a collapse of credit. Simply adding more money to the
system, on the other hand, ultimately does little more than underscore
the declining value of the currency.
A CHANGE IN TONE
What's noteworthy here is how rapidly Dr. Ben has changed his mind.
Friday's rate cut was clearly motivated by a sense of urgency. But it
was just ten days earlier, on August 7, that the Fed issued a statement
saying that the U.S. economy is on the road to steady growth, and while
the meltdown in the housing market is worth watching, it really isn't
anything to worry about all that much.
Not too much had changed in the interim, of course, unless you count a
340-point dive in the Dow in a single day. Or an $11.5 billion emergency
loan to Countrywide Financial, the largest mortgage lender in the U.S.
Or, for that matter, the collapse of stock markets around the globe.
BERNANKE'S TRANSITS AT WORK
But what really brought about this sudden change of heart on the part of
the Fed? I'm sure Ben Shalom Bernanke had his reasons, and we will
doubtless be hearing a lot of explanations and excuses from the Fed
during the coming weeks. But in my book, there's also the combined
impact of the waning heliocentric Jupiter/Neptune sextile, the
heliocentric Mercury/Saturn conjunction, the Mercury/Venus conjunction,
the waning Mercury/Pluto trine, and the waning Venus/Poseidon quintile.
After all, Mercury/Saturn conjunction conjoined Dr. Bernanke's natal
Pluto last Friday, adding to his personal uncertainty about the future
and increasing his willingness to consider powerful transformations. At
the same time, Dr. Bernanke's natal Mars/Neptune conjunction was
highlighted by virtue of its conjunction with the midpoint of the waning
Mercury/Pluto trine, making it more likely that he would reach a new
understanding which would prompt him to reject his former opinions.
Of course it's unlikely that Ben Shalom Bernanke was consciously aware
of these planetary dynamics as they were taking place. Even so, I think
it's useful to move our thinking past the simple notion that "the stock
market calmed down because the Fed took action." When we look at the
astrological factors involved, we get a little closer to the underlying
correlations and causes that move the markets, the general social mood,
and even the brain of Ben Shalom Bernanke.
STRANGENESS ON SATURN
The cameras on NASA's Cassini orbiter have made an interesting discovery
on the planet Saturn--there is a mysterious giant hexagon above the
planet's north pole. It's about 15,500 miles wide--roughly twice the
width of the planet Earth--and it appears to stay virtually still in the
atmosphere above Saturn as clouds swirl around it. Infra-red photography
of the hexagon indicates that it's about 40 miles thick, and that it
contains a smaller six-sided formation within it.
This unusual configuration at Saturn's north pole is starkly different
from the vortex of clouds at the planet's south pole, which mix and
swirl around in a pattern similar to hurricanes on Earth.
The Saturn hexagon definitely has the scientific community puzzled.
According to Kevin Baines of NASA's Jet Propulsion Laboratory in
Pasadena, California, "This is a very strange feature, lying in a
precise geometric fashion with six nearly equally straight sides. We've
never seen anything like this on any other planet. Indeed, Saturn's
thick atmosphere, where circularly-shaped waves and convective cells
dominate, is perhaps the last place you'd expect to see such a six-sided
geometric figure. Yet there it is."
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 ECONOMIC CALENDAR
The economic reports we will be watching this week include Leading
Indicators, ICSC-UBS Store Sales, the State Street Investor Confidence
Index, MBA Purchase Applications, the EIA Petroleum Status Report, the
EIA Natural Gas Report, Durable Goods Orders, New Home Sales, Jobless
Claims, and the Money Supply. Richmond Federal Reserve Bank President
Jeffrey Lacker is likely to be hoping that the afterglow from last
Friday's discount rate adjustment by the Fed will last at least a few
more days; he will be speaking about the U.S. economy in Charlotte,
North Carolina on Tuesday, and may get some tough questions from the
media then if stock prices don't continue to reflect an optimistic mood.
ASTROLOGICAL DYNAMICS
During the week ahead, the dominant astrological factors combine to
produce a trading environment that is strongly positive at first, but
then sees its energy dissipate, creating the possibility of
consolidating and declining prices as the week draws to a close.
Several heliocentric factors hold sway as the trading week gets underway
on Monday. The waning heliocentric Mercury/Cupido square and the
heliocentric Venus/Saturn opposition, both before Monday's opening bell,
create an environment in which we can expect some very bullish energy to
make itself known. The heliocentric Mercury/Uranus opposition about an
hour before the closing bell adds considerable strength to the potential
for a market rally, and the heliocentric Mars/Vulcanus square that
evening increases the likelihood that Monday will be a positive trading day.
The positive energy is likely to carry over into Tuesday, thanks to the
entry of heliocentric Venus into Pisces prior to the opening bell. This
is a strong indicator of positive market momentum, and it gets a little
bit of help from the Sun/Saturn conjunction Tuesday evening. That
particular Sun/Saturn configuration typically brings Blue Chip stock
prices up for a day or two, and then sends them down fairly sharply
after that.
Even if the initial positive potential of the Sun/Saturn conjunction has
some influence on Wednesday's price action, I wouldn't be surprised to
see the Blue Chips close down for the day. The heliocentric Mars/Apollon
opposition that morning brings a slight negative bias with it, as does
Wednesday evening's waning Mars/Zeus trine, an aspect which typically
pulls prices down for a day or two before triggering a rally that follows.
By Thursday, though, things start to get confusing. The opposition of
Mercury to the True Lunar Node carries a slightly positive expectation
with it, but the entry of the Sun into Virgo typically pulls stock
prices down for a day or so and the Mars/Jupiter opposition also has a
slightly negative bias. In any event, there will be a Void-of-Course
Moon in effect during the morning hours on Thursday, so I plan to step
back and watch from the sidelines then rather than being actively
involved in the trading action.
Friday's astrological environment is also inconclusive, but the
heliocentric Mercury/Kronos square just after the closing bell brings
some slightly negative expectations. The weekend is fairly active
astrologically, but the indicators are also contradictory, with
Saturday's Venus/Neptune opposition and Admetos retrograde station
bringing positive expectations and Sunday's Mars/Cupido opposition and
Cupido direct station bringing negative ones.
Throughout this trading week I will be tracking heliocentric
fourth-harmonic planetary lines (H,90,N,-2) for Mercury, Venus, Mars,
Saturn, Uranus, Cupido, Apollon, and Kronos, 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.
No matter how much we want to manifest good things in our
lives--increased financial and material abundance, job or business
success, right relationships--our efforts will be frustrated if we focus
only on what we lack or on the obstacles that we encounter. But we don't
have to be limited by the problems we perceive, no matter how compelling
they seem to be. To increase the dynamic power of our innate ability to
create positive change, all we have to do is turn within. It is in the
profound silence of our transcendent inner connection with the Divine
that we can embrace the essence of who we really are.
"My life has been filled with terrible misfortune; most of which never
happened." -- Montaigne
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
The recent losses in U.S. markets paled by comparison to what happened
in the Pacific last week. Some issues gave back all their gains of the
year to date, and Sydney joined Tokyo, Singapore, and Hong Kong in
posting massive losses for the week. On the other side of the globe,
there were a few bright spots on European bourses, but the gains were
relatively insignificant, especially against the background of the more
pervasive losses. The equities markets in the U.S. also got into the
act, losing ground that was only partially recovered when the Federal
Reserve Bank jumped into the fray with a surprise cut in interest rates.
Dow Jones Industrial Average -- down 1.21%
Dow Jones Transportation Average -- down 3.90%
Dow Jones Utilities Average -- down 0.80%
S+P 500 -- down 0.53%
NASDAQ Composite Index -- down 1.57%
Russell 2000 -- down 0.35%
London FTSE-100 -- up 0.43%
Paris CAC-40 -- down 1.56%
Frankfurt DAX -- up 0.48%
Sydney All Ordinaries -- down 4.94%
Tokyo Nikkei Index -- down 8.89%
Hong Kong Hang Seng Index -- down 6.45%
Singapore Straits Times Index -- down 6.80%
*****
U.S. EQUITY TRENDS
With the big increases in market volatility during recent weeks, it has
been interesting to note how important our trend-change trigger points
are becoming. Last Thursday, for example, the S+P 500 plunged to within
5 points of intermediate-term bearish trigger during intraday trading,
but support held and the average moved back up that day before posting a
solid gain on Friday. This kind of action is one of the reasons why our
triggers are based on daily closing prices rather than intraday price
action.
Even with the big swings in last week's market action, the turmoil was
still not wild enough to change our assumptions about general stock
market trends. The longer-term picture remains solidly bullish at this
point, but short-term and intermediate terms circumstances continue to
suggest that extreme caution is advisable in those time frames.
The Russell 2000 is now on an August 3 intermediate-term sell signal,
with a daily close above 851 required to flip this intermediate-term
indicator back to the buy side. The Russell is also on a July 24
short-term sell signal, with a daily close above 834 needed to
reactivate short-term bullishness. From the long-term perspective, the
Russell remains on a November 14 buy signal, with a daily close below
668 needed to move our long-term indicator for the Russell to the sell
side.
With the S+P 500 we have now have a July 26 short-term sell signal in
place, with a daily close above 1506 needed to trigger a reverse
indicator back to the buy side. We still have an August 18, 2006 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.
For the NASDAQ Composite we are on a July 31 short-term sell signal, an
October 13 intermediate-term buy signal, and an October 13 long-term buy
signal. A daily close above 2632 will flip our short-term indicator back
to the buy 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 Bearish
NASDAQ -- Long-Term Bullish; Intermediate-Term Bullish; Short-Term Bearish
RUSSELL 2000 -- Long-Term Bullish; Intermediate-Term Bearish; Short-Term
Bearish
*****
METAL MARKETS
GOLD -- My recent forecasts for this metal have shown a continuing
decline in short-term Gold prices, with a bottom coming just after the
Solar Eclipse on 9/11. Now, however, it's beginning to look like we may
see a bottom a little earlier than that, probably in the shortened
trading week that follows the Labor Day weekend. For the long run I
remain very bullish on Gold, and am viewing price declines during the
next couple of weeks as buying opportunities.
SILVER -- The pull-back in Silver prices last week provided an ideal
buying opportunity, since all of my forecast models suggest that a
substantial rally in this metal will be getting underway within the next
week or two.
*****
FINANCIAL CYCLES MODEL PORTFOLIO
TRADES CLOSED DURING THE PREVIOUS WEEK: MBT, PCU, ALDN.
We closed three trades during the previous week, with one winner and two
losers bringing us a net loss of $1,656.00.
We sold 100 shares of Mobile TeleSystems OJSC ADS (MBT) at 60.25 on
08/15/07, taking a loss of $442.00 (a 6.83% loss in 8 trading days).
We sold 100 shares of Southern Copper Corporation (PCU) at 90.83 on
08/15/07, taking a loss of $1,224.00 (an 11.88% loss in 6 trading days).
We bought to cover 500 shares of Aladdin Knowledge Systems (ALDN) at
21.60 on 08/17/07, taking a profit of $10.00 (a 0.09% gain in 7 trading
days).
*****
POSITIONS ADDED TO THE PORTFOLIO DURING THE PREVIOUS
WEEK: GOLD, NE.
We added two long positions to the Model Portfolio last week.
We bought 400 shares of Randgold Resources Ltd. ADS (GOLD) at 23.59 on
08/14/07, with an initial stop set at 20.25.
We bought 100 shares of Noble Corporation (NE) at 93.75 on 08/17/07,
with an initial stop set at 87.60.
****
REVIEW OF PREVIOUS MODEL PORTFOLIO ACTIVITY
So far this year we have had a total of 101 completed trades, with 41
winners and 60 losers bringing us a total net profit of $1,854.00. The
largest profit for a single trade has been $2,775.00, with our winners
averaging $467.83; the largest single-trade loss has been $1,224.00,
with our losers averaging $307.73. The overall average profit per trade
has been $18.36, and the mean duration of our trades has been 10.2
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
General Electric Company (GE) -- bought 6 December 2007 $40 calls at
1.50 on 07/10/07; currently 1.64. Hold.
Noble Corporation (NE) -- bought 100 shares at 93.75 on 08/17/07;
currently 95.15. Raise stop to 92.25.
Randgold Resources Ltd. ADS (GOLD) -- bought 400 shares at 23.59 on
08/14/07; currently 22.19. Raise stop to 20.30 on a close-only basis.
Republic Services, Inc. (RSG) -- sold short 300 shares at 31.68 on
07/30/07; currently 29.81. Lower buy stop to 30.45.
The Wet Seal, Inc. (WTSLA) -- bought 2,000 shares at 3.95 on 08/10/07;
currently 4.23. Raise stop to 4.10.
*****
MARKET SECTOR STRENGTH AND WEAKNESS
STRONGEST MARKET SECTORS LAST WEEK:
Southwest Regional Banks; Savings and Loans; Pacific Regional Banks;
Southeast Regional Banks; Mid-Atlantic Regional Banks.
WEAKEST MARKET SECTORS LAST WEEK:
Silver; Residential Construction; Nonmetallic Mineral Mining; Gold; Air
Services.
*****
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 for longer-term trades 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.
August 19
Moon crossing Universal Clock 24 Line 00:22 EDT
Mercury parallel Saturn 01:21 EDT
Heliocentric Mercury semisquare Heliocentric Vulcanus 02:00 EDT
Heliocentric Mercury semisquare Heliocentric Apollon 06:16 EDT
Heliocentric Mercury semisextile Heliocentric Zeus 07:43 EDT
Venus crossing Universal Clock 24 Line 08:27 EDT
Mercury enters Virgo 09:01 EDT
Heliocentric Earth trine Heliocentric Hades 11:55 EDT
Sun trine Pluto 14:14 EDT
Chiron sesquiquadrate Hades 20:42 EDT
Heliocentric Mercury quincunx Heliocentric Chiron 21:48 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Saturn 22:57 EDT
Heliocentric Venus sextile Heliocentric Pluto 23:32 EDT
August 20
Heliocentric Mercury square Heliocentric Cupido 00:17 EDT
Sun parallel Mercury 02:24 EDT
Heliocentric Venus in 24th harmonic to Heliocentric Chiron 03:18 EDT
Chiron square 02/07/08 Solar Eclipse point 03:46 EDT
Heliocentric Venus opposition Heliocentric Saturn 06:41 EDT
Mercury conjunct 03/18/07 Solar Eclipse antiscion 08:16 EDT
Heliocentric Mercury quintile Heliocentric Kronos 08:54 EDT
Heliocentric Mars semisextile Heliocentric Admetos 09:31 EDT
Sun sextile Hades 12:35 EDT
Heliocentric Mercury opposition Heliocentric Uranus 15:07 EDT
True Lunar Node retrograde station 20:12 EDT
Heliocentric Mars square Heliocentric Vulcanus 21:20 EDT
Void-of-Course Moon begins 21:34 EDT
August 21
Moon crossing Universal Clock 24 Line 00:43 EDT
Void-of-Course Moon ends 00:43 EDT
Heliocentric Mercury biquintile Heliocentric Mars 02:41 EDT
Heliocentric Venus enters Pisces 05:44 EDT
Heliocentric Mercury biquintile Heliocentric 06:23 EDT
Heliocentric Earth sextile Heliocentric Pluto 06:40 EDT
Mercury sextile Kronos 11:29 EDT
Heliocentric Venus biquintile Heliocentric Vulcanus 12:47 EDT
Heliocentric Earth in 24th harmonic to Heliocentric Chiron 13:13 EDT
Heliocentric Mercury quincunx Heliocentric Neptune 14:10 EDT
Heliocentric Mercury square Heliocentric Jupiter 16:14 EDT
Sun conjunct Saturn 19:28 EDT
Heliocentric Earth opposition Heliocentric Saturn 19:37 EDT
Mercury opposition 08/28/07 Lunar Eclipse point 20:22 EDT
August 22
Heliocentric Mercury semisquare Heliocentric Poseidon 01:21 EDT
Heliocentric Venus in 24th harmonic to Heliocentric Uranus 04:34 EDT
Heliocentric Mars quintile Heliocentric Chiron 06:21 EDT
Heliocentric Mars opposition Heliocentric Apollon 06:45 EDT
Mars sesquiquadrate Apollon 07:04 EDT
Heliocentric Mercury trine Heliocentric Admetos 09:59 EDT
Mercury conjunct 10/17/05 Lunar Eclipse antiscion 10:30 EDT
Heliocentric Mercury sextile Heliocentric Vulcanus 11:39 EDT
Heliocentric Mercury semisextile Heliocentric Apollon 16:30 EDT
Mars semisquare Vulcanus 17:50 EDT
Heliocentric Mercury quincunx Heliocentric Mars 18:10 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Zeus 18:10 EDT
Venus quintile Mars 19:10 EDT
Mars trine Zeus 20:02 EDT
Mars in 24th Harmonic to Admetos 20:37 EDT
Heliocentric Mercury square Heliocentric Hades 22:25 EDT
Mercury in 24th Harmonic to Venus 22:42 EDT
Moon crossing Universal Clock 24 Line 23:50 EDT
August 23
Heliocentric Mercury biquintile Heliocentric Neptune 00:36 EDT
Mercury sextile Poseidon 00:55 EDT
Mercury opposition True Lunar Node 02:13 EDT
Mercury contraparallel Chiron 05:00 EDT
Heliocentric Venus quintile Heliocentric Jupiter 05:42 EDT
Sun enters Virgo 08:07 EDT
Heliocentric Venus trine Heliocentric Kronos 08:24 EDT
Heliocentric Mercury square Heliocentric Pluto 08:28 EDT
Void-of-Course Moon 08:54-11:20 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Chiron 10:06 EDT
Heliocentric Mercury semisextile Heliocentric Saturn 11:47 EDT
Mars opposition Jupiter 12:02 EDT
Mars parallel Vulcanus 19:34 EDT
Heliocentric Earth biquintile Heliocentric Vulcanus 19:50 EDT
Heliocentric Mercury enters Libra 20:15 EDT
Zeus sesquiquadrate Admetos 20:54 EDT
Heliocentric Mars sextile Heliocentric Hades 23:31 EDT
August 24
Heliocentric Earth quincunx Heliocentric Mercury 00:07 EDT
Mercury contraparallel Apollon 02:55 EDT
Heliocentric Venus biquintile Heliocentric Zeus 03:11 EDT
Heliocentric Mercury quintile Heliocentric Cupido 06:43 EDT
Mercury quintile Hades 06:52 EDT
Mercury semisquare Apollon 10:46 EDT
Mercury semisquare Vulcanus 14:22 EDT
Mercury semisextile Zeus 15:09 EDT
Heliocentric Mercury square Heliocentric Kronos 16:34 EDT
Void-of-Course Moon begins 19:41 EDT
Heliocentric Venus in 24th harmonic to Heliocentric Neptune 19:59 EDT
Moon crossing Universal Clock 24 Line 20:53 EDT
Mercury square Jupiter 21:05 EDT
Heliocentric Earth in 24th harmonic to Heliocentric Uranus 22:25 EDT
Mercury contraparallel True Lunar Node 23:07 EDT
August 25
Admetos retrograde station 01:23 EDT
Sun conjunct 03/18/07 Solar Eclipse antiscion 07:01 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Neptune 07:10 EDT
Chiron crossing Universal Clock 24 Line 10:30 EDT
Mercury square Mars 11:59 EDT
Heliocentric Mercury quintile Heliocentric Vulcanus 11:59 EDT
Heliocentric Mercury quincunx Heliocentric Venus 15:05 EDT
Mercury quincunx Chiron 17:38 EDT
Venus opposition Neptune 17:55 EDT
Void-of-Course Moon ends 18:35 EDT
Heliocentric Mercury semisextile Heliocentric Poseidon 19:33 EDT
Mercury square Cupido 22:25 EDT
Mars contraparallel Cupido 23:43 EDT
August 26
Cupido direct station 00:43 EDT
Heliocentric Venus trine Heliocentric Poseidon 01:41 EDT
Heliocentric Earth biquintile Heliocentric Mercury 01:50 EDT
Mars trine Chiron 04:09 EDT
Heliocentric Mercury sesquiquadrate Heliocentric Admetos 05:18 EDT
Mars crossing Universal Clock 24 Line 05:35 EDT
Heliocentric Mercury quintile Heliocentric Jupiter 06:46 EDT
Mercury conjunct 03/03/07 Lunar Eclipse point 07:19 EDT
Heliocentric Mercury in 24th harmonic to Heliocentric Apollon 12:31 EDT
Heliocentric Mercury conjunct Heliocentric Zeus 14:23 EDT
Moon crossing Universal Clock 24 Line 15:42 EDT
Sun contraparallel Chiron 17:53 EDT
Mars opposition Cupido 19:28 EDT
Heliocentric Earth trine Heliocentric Kronos 19:34 EDT
Mars in 24th Harmonic to Hades 20:04 EDT
Heliocentric Mars trine Heliocentric Pluto 21:32 EDT
Heliocentric Earth quintile Heliocentric Jupiter 22:20 EDT
Mercury in 24th Harmonic to Saturn 22:56 EDTWhile 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: CPRT, NUAN, PKX, WTS.
Copart Inc. (CPRT)
NASDAQ; optionable
First Trade Date: 03/17/1994; 09:30 a.m.
Transiting Jupiter will be crossing the CPRT First-Trade Descendant at
the end of this trading week, and after that we will see transiting
Jupiter semisquare First-Trade Uranus, transiting Uranus quincunx
First-Trade Apollon, transiting Zeus sesquiquadrate the First-Trade
Moon, and transiting Jupiter trine First-Trade Venus. So while a passage
of Jupiter like this typically signals a price top, in this case we
expect the positive effect to be a bit more sustained than usual, and
thus plan to take a long position for a short-term swing trade. Rather
than buying the underlying equity, however, our strategy will be to buy
January 2008 $30 calls at 2.25 or better, during this trading week only.
Nuance Communications, Inc. (NUAN)
NASDAQ; optionable
First Trade Date: 04/14/2000; 09:30 a.m.
We didn't get our limit order filled for this stock during Friday's
trading session, so it remains on the watch list for this week. We still
have transiting Saturn closing in on the NUAN First-Trade IC, with
transiting Neptune conjoining First-Trade Uranus a couple of days later.
The First-Trade Sun is getting some positive attention in the form of a
square from transiting Vulcanus and a sesquiquadrate from transiting
Jupiter. And then there are other transneptunians at work as well:
transiting Hades is conjunct First-Trade Kronos and semisquare
First-Trade Jupiter, transiting Kronos is square First-Trade Zeus, and
transiting Cupido is conjoining First-Trade Pluto. First-Trade Venus is
also getting into the act, picking up a semisquare from transiting
Admetos and an opposition from transiting Zeus. Our plan is to look for
a price pullback during the coming trading week and enter a long
position, with an initial stop set at 15.50.
POSCO (PKX)
NYSE; optionable
First Trade Date: 10/14/1994; 09:30 a.m.
With transiting Saturn set to cross the PKX First-Trade Midheaven on
August 27, we are expecting an end to the slide in this stock's price,
with some support for higher prices coming from transiting Apollon trine
the PKX First-Trade Moon and transiting Zeus semisquare First-Trade
Cupido. As we move into that Saturn transit, however, there's likely to
be a further price decline. Our plan is thus to sell PKC short at the
start of the trading week, setting our initial buy stop at about $3
above our entry price. We will then trail our stop if the price
declines, adjusting it at the close of each day's trading. If and when
we get stopped out of the short position, we will reverse our trade to
the long side.
Watts Industries Inc. Class A (WTS)
NYSE; optionable
First Trade Date: 07/05/1995; 09:30 a.m.
Transiting Saturn will conjoin the WTS First-Trade Ascendant just before
the Labor Day weekend, an event which should set the stage for a solid
price increase in September, supported by transiting Zeus conjoining the
WTS First-Trade Moon in mid-September and by transiting Apollon trine
First-Trade Kronos as the month draws to a close. In anticipation of
this Saturn transit, however, we plan to follow a strategy similar to
our plan for PKC; we will sell WTS short near the beginning of this
trading week, with an initial buy stop set about 1.25 above our entry
point. We will then trail our stop and reverse our trade to the long
side when the anticipated price pullback has run its course.
*****
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.
|