We’ve just finished up the best week of the year so far for the stock market.
In fact, it was a roaring rally.
The Standard & Poor’s 500 Index gained 4.41% for the week.
The Russell 2000 was up 1.95%.
The NASDAQ Composite added 3.88% compared to the week before.
And the Dow Jones Industrial Average gained 4.71% to guarantee a prime spot in the financial headlines.
What Was Behind The Best Week?
The trading action provided a remarkable contrast to the downturn in May.
But exactly what was behind the best week of the year?
According to the mainstream financial media, a lot of the credit goes to the Federal Reserve.
Acting As Appropriate
Speaking in Chicago on Tuesday, Fed Chairman Jerome Powell discussed “recent developments involving trade negotiations and other matters.”
“We do not know how or when these issues will be resolved,” he said.
“We are closely monitoring the implications of these developments for the U.S. economic outlook and, as always, we will act as appropriate to sustain the expansion, with a strong labor market and inflation near our symmetric 2 percent objective.”
That promise to “act as appropriate” created an instant market reaction.
An Accurate Forecast
But here’s the interesting thing about the best week of the year, the one that we’ve just completed.
We knew it was coming ahead of time.
And it really had nothing to do with Jerome Powell’s speech on Tuesday.
Although we didn’t specifically say it would be the best week of the year so far, we definitely saw this week’s stock market rally coming.
It was because we saw a Mars/Kronos conjunction just ahead.
We know that Transneptunians are powerful market movers.
But when we made that forecast last Saturday, a rally certainly wasn’t a sure thing.
After all, when we did our special webinar last weekend on Transneptunian timing factors in the markets, the markets had just completed a month of surprising losses.
Nobody was looking for the best week of the year.
Confidence in a big price move was definitely lagging.
The Mars/Kronos Effect
But during that in-depth advanced training session we did a deep-dive into all the potential effects of the current Mars/Kronos conjunction.
That’s a relatively rare planetary alignment that often signals extreme events in politics, in social or public affairs, in international relations, and in business and the financial markets.
Last Saturday’s webinar was an extraordinarily powerful session.
One of the key take-aways was that even after the exact Mars/Kronos alignment, we can still expect to see its effects continuing to play out in geopolitics and market action for a number of weeks to come.
That’s exactly what’s been going on now.
But that wasn’t all we talked about in the webinar.
In-Depth Webinar Transneptunian Training
We also took a look at:
To find out more about the continuing impact of this powerful event, and about what we can expect in the coming weeks, be sure to check out the webinar recording.
You can get it at: