It was a moon-rise eclipse in the U.K. We expect to see the results in the FTSE next week.
It wasn’t visible in North America. But it still made its influence felt.
It definitely marked a time of tension.
And true to form, the lunar eclipse also brought its share of lunacy.
Take U.S. President Donald Trump for example. During a Rose Garden appearance at the White House yesterday, he was gleeful about an 13.3% unemployment rate, which rivals job-loss levels during the Great Depression.
He also invoked George Floyd, the black man who was murdered by a Minneapolis policeman on May 25.
“Hopefully George is looking down and saying this is a great thing that’s happening for our country,” Trump mused. “It’s a great day for him. It’s a great day for everybody.”
Even though it’s not quite clear what the president meant by that, he was clearly happy about the 13.3% unemployment rate.
That rate, by the way, turned out to be erroneous, thanks to a “misclassification error” from the Bureau of Labor Statistics. It really should have been reported as 16.3%.
Funny Numbers At The Lunar Eclipse
Even so, the lower-than-expected figure was enough to drive the stock market wild.
The Dow Jones Industrial Average was up by 829 points by the end of the trading day, after soaring by more than 1000 points during the course of the trading session.
But the lunar eclipse, which was exact less than an hour before Wall Street’s closing bell for the week, could mark yesterday’s market surge as a trading top.
I explained why that’s the case when I talked with Larry Pesavento yesterday morning.
I was his featured guest on his Trade What You See program on Tiger Financial News Network.
We got started with our conversation just a few minutes after the opening bell. But the market was already going wild.
So it was the perfect opportunity to discuss the potential impact of yesterday’s lunar eclipse.
Here’s the video of our complete conversation:
Profitable Trading With Eclipses
By the way, as I mentioned to Larry during our lunar eclipse conversation, my new astro-trading book is almost ready for publication. Profitable Trading With Eclipses is set for publication on June 15.
We’re seeing it in the continuing challenges of the COVID-19 pandemic.
We’re seeing it in the major economic downturn that’s underway.
And I’ve been using Saturn resonance to come up with a forecast for the S&P 500.
That’s what I was sharing with Larry Pesavento on Friday.
We got together for an extended chat during his Trade What You See program on TFNN.
As usual, there were questions from listeners.
We talked about the impact of the coronavirus on our lives.
But the main focus was my forecast for the S&P.
That’s where Saturn resonance came in.
I started out by observing the price action in the market on the date of the recent Saturn/Pluto conjunction.
That was on January 12.
I then noted the price alignment with the trading low in effect on January 12 and the high for the day when the market gapped lower on February 24.
Saturn Resonance: “You Can’t Make This Stuff Up”
Larry was quite impressed when he saw that correspondence on my trading chart.
“You can’t make this stuff up,” he said.
Then, when I went on to share my more recent charting work on the S&P, he really got excited.
Apparently there are not many market pundits who are willing to make precise predictions.
That seems to be the case whether or not you’re talking to an astrologer.
But, by using Saturn resonance with my charting, I was able to do just that.
As it turns out, the ninth harmonic is the most powerful resonant dynamic in play right now.
That’s true for both Saturn and for Pluto as well.
You can get the full story – and the specifics of the general forecast and the targeted prediction – when you watch this video of our full conversation on Friday during his show.
As Larry says, “You can’t make this stuff up.”
That’s why the astro-trading advantage is so powerful.
By the way, the free webinar that I mentioned is something that I’m currently offering every Tuesday as a live presentation. Be sure to join us if you want to make your trading easier and more profitable.
We also have a recording of one of our lives sessions posted online for instant viewing.
The upcoming transits to the First-Trade horoscope, as well as other Gilead dynamics, identify this stock as a good trading candidate now.
Gilead Sciences, Inc. (NASDAQ – GILD) is a research-based biopharmaceutical company.
Headquartered in Foster City, California, Gilead discovers, develops, and commercializes medicines in the areas of unmet medical needs in the United States, Europe, and elsewhere around the world.
The company’s products include Biktarvy, Descovy, Odefsey, Genvoya, Stribild, Complera/Eviplera, Atripla, and Truvada for the treatment of human immunodeficiency virus (HIV) infection; and Vosevi, Vemlidy, Epclusa, Harvoni, and Viread products for treating liver diseases.
Gilead also provides Yescarta, a chimeric antigen receptor T cell therapy for adult patients with relapsed or refractory large B-cell lymphoma; and Zydelig, a kinase inhibitor.
It makes Letairis, an oral formulation of an endothelin receptor antagonist for pulmonary arterial hypertension; Ranexa, a tablet to treat chronic angina; and AmBisome, an antifungal agent to treat serious invasive fungal infections.
In addition, the company offers its products under a variety of other brand names. They include Cayston, Emtriva, Hepsera, Sovaldi, and Tybost.
Gildead also develops product candidates for the treatment of viral diseases, inflammatory and fibrotic diseases, and oncology.
The company markets its products through its commercial teams. It also works in conjunction with third-party distributors and corporate partners.
Positive Transits for Gilead
Transiting Saturn conjoining the Gilead First-Trade Sun could provide a more favorable entry point for a long position here. While Saturn is associated with contraction, it can provide a basis for further price advancement in a case like this.
And that’s not all.
The potential for higher prices ahead and an increase in speculative energy is indicated by transiting Neptune conjoining the First-Trade Ascendant.
On top of that, transiting Venus is forming a quincunx to First-Trade Neptune. That’s very nice for a drug company!
In other words, this looks like a solid setup for a good buying opportunity for this stock.
Yesterday we added Gilead to our watch list for our members at FinancialCyclesWeekly.com.
Our astro-trading trend chart shows why. Note the recent price gap upward.
Geocentric planetary price lines for Mars and Jupiter in the eighth harmonic help reveal the trading structure for Gilead.
When you get your copy of the report, you’ll see at a glance the cycles and rhythms evident in the relationship between these two planets.
But as you look at it, pay particular attention to the event that took place in the year 1202.
On February 2, 1202, Jupiter and Neptune were not only exactly 60 degrees apart. They zodiacal degrees of their alignment in 2020.
That’s an important correspondence for a number of reasons. One of them is an event that happened in 1202.
That was the year that Leonardo da Pisa published his breakthrough book, Liber Abaci. It transformed modern mathematics by introducing the use of Arabic numerals as substitutes for Roman numerals in calculations. It also introduced the zero to the western world.
By the way, you may know of Leonardo da Pisa by his more popular nickname – Leonardo Fibonacci. He was also the one who discovered the Fibonacci ratios that are so important in our market calculations today.
To qualify, a sell-off in the market has to bring a move to the downside of at least 10 percent, measuring from its most recent peak.
Under the current circumstances, that “most recent peak” was the all-time record high for the S&P 500, at 3337.77, which was set intraday on Wednesday, January 22.
That means that a real market correction now would be a drop of 333.78, for an ultimate price target of 3003.99.
Is A Correction On The Way?
A drop of 333.78 points is a pretty big move, whether or not a Zeus retrograde station is involved.
But even so, it’s entirely possible.
In fact, during the trading action on Friday the S&P 500 gave up 44 points during the course of the trading day, and then closed at 3295.47, off more than 30 points for the session.
That big plunge took place just after I had joined Larry Pesavento for conversation about the potential for a correction in equities.
We got together on his Trade What You See program on TFNN.
During our chat we discussed this astro-cycle chart that I had featured on page 1 of a recent Financial Cycles Weekly newsletter.
It highlights the potential power of transneptunian stations in setting up a potential correction between now and the middle of February, with a likely rebound after that.
And as is usually the case, Larry seemed particularly intrigued by the influence of the transneptunians. He shared a great story about encountering them with Bill Meridian and Alphee Lavoie in Singapore.
Our conversation was brief; you can hear it all in this video from Larry’s show:
Timer Digest ranks forecasters and market timers from across the spectrum.
It tracks over 100 separate services.
That includes fundamental analysts.
It includes technical analysts.
It even includes folks like me – astrologers who use planetary cycles to time the markets.
That’s a broad mix.
But most of all, the Timer Digest listings feature many well-known experts.
They’re the cream of the crop.
So it’s a particular honor to get recognition in this prestigious publication.
Multiple Top 10 Lists
But Timer Digest doesn’t just pick winning forecasters and timing services.
They break their listings down into four categories.
First there are the Stock Market Timers. Those rankings are based on performance in forecasting the stock market during the last year, the last six months, and the last three months.
There’s a Top 10 list for each of those time frames.
Next there are the Gold Timers. That listing includes the Top 5 forecasters for the yellow metal.
The Bond Timers also get their own Top 5 list.
And finally there’s the listing of Long-Term Stock Market Timers. It features a ranking of the Top 10 market forecasters looking at mega-trends, the long-wave cycles that move the markets over many years.
Where We Show Up
We focus primarily on the stock market here at FinancialCyclesWeekly.com. And because we pay a lot of attention to outer-planet cycles and transneptunians, we provide a long-term perspective as we as comments on more immediate market moves.
That’s what has earned us recognition in the Long-Term Stock Market Timing category at Timer Digest. We’ve had a place on that Top 10 for over five years now.
Needless to say, we don’t show up in the rankings for Gold or Bond timing at all.
But our work has also merited a place in the Top 10 list for current Stock Market Timers on occasion as well.
In fact, in 2017 we ended up in a tie for first place in the rankings, so we shared in the recognition as Timer of the Year.
My outlook for 2020 as a whole was included in the December 16, 2019 issue of Timer Digest (the annual forecast issue). As usual, we were ranked in the Top 10 Long-Term Timers. But we got an extra honor – the Number 10 ranking on the overall Top 10 list, based on forecasting performance from December 13, 2018 through December 13, 2019.
By the time the next issue of Timer Digest arrived on January 2, we had moved up to the Number 8 spot on that list. Running from December 31, 2018 through December 31, 2019, it recorded the best performers for the entire calendar year.
And then earlier this week, we got the most recent issue of the magazine, published on January 20, 2020. We’re now at Number 6 on the list of Top 10 Timers for the year, from January 17, 2019 through January 17, 2020.
And that’s not all.
Also in the January 20 issue, we popped in at Number 10 in the list of the top market timers for the past six months, from July 17, 2019 through January 17, 2020.
Does it feel good to get this kind of recognition for our work?
Of course it does!
But here’s the strange part.
As much as I enjoy the honors, I’m personally really not terribly competitive.
I’m not striving to beat anybody else. I’m not pushing to be Number 1.
What really pleases me is the fact that financial astrologers and astro-traders consistently find their way into the top rankings at Timer Digest. That not only includes me, but also friends and colleagues like Bill Meridian, Arch Crawford, Barry Rosen, and Manfred Zimmel.
Together, we’re advancing an important aggregate notion: if you want to succeed in the markets, it really pays to have the astro-trading advantage.
The Zeus retrograde station on January 20 was an extremely powerful event.
Its effect on the market was muted slightly because it happened when the markets were closed. U.S. markets were shuttered on Monday for the Martin Luther King Jr. holiday.
But holiday or not, this transneptunian shift is likely to usher in lower prices ahead.
It reinforces the bearish energy of the Uranus station at the January 20 Lunar Eclipse.
Trading Action Since The Zeus Retrograde Station
On January 21, the S&P 500 lost 0.27% as trading resumed after the Zeus retrograde station.
So far it’s a net loss of 0.13% since last Friday’s S&P close at 3329.62.
That’s hardly a major crash, of course.
But it’s starting to look more and more like a definitive trading top.
Keep An Eye On The Trading Action
The prospects will be clarified by the trading action just ahead.
If the sell-off is amplified or becomes more sustained, we will consider this top confirmed.
That means we can look for even lower stock prices ahead.
As we see it now, there could be a significant decline running through the end of February.
And we can thank the Zeus retrograde station for getting it going.
Broader Implications Feeding Market Expectations
And that’s not all.
As you can see from the 90-degree dial presentation of the Zeus retrograde station, other factors come into play.
The station activated the midpoint of Mercury and the True Lunar Node. That signals a time of creative thinking and inventiveness.
Maybe even a new way for dyed-in-the-wool bulls to start thinking about market direction in a new light.
The Kronos/Vulcanus midpoint also got triggered by the Zeus retrograde station.
The implication here is the excessive expression of the powers of the state. It’s all about politics, with the notion that ruthless politicians manage to have their way, no matter how much effort it takes.