“What’s Poseidon got to do with the markets?”
That was one of the questions that came up on Thursday when I joined Larry Pesavento for an interview on his Trade What You See program on TFNN.
We were discussing the potential impact of the transneptunian factor Poseidon.
I suggested that the July 29 direct station by Poseidon could usher in a shift in market direction.
That’s especially likely with the Poseidon station coming just a couple of days before the end of the Mercury retrograde period on July 31.
And sure enough, with today’s Poseidon station the S&P closed down 0.16% for the day.
The shift in the markets was not the only thing that Larry and I talked about on Thursday.
We also got into bitcoin, birthdays, and a whole lot more.
Here’s the entire interview segment: