(19 October 2022)
Stocks have moved higher this week on optimism that earnings season
may bring better than expected results. However, Wednesday’s pullback
was a reminder of the fragility of the current rebound as bond yields
moved to new highs after UK inflation hit the psychologically important
Nonetheless, this week’s bounce is in keeping with our astrological
expectations. First, the entry of Venus into sidereal Libra on Tuesday
tends to be bullish, even if this year’s ingress was marked by a
potentially complicating influence from its simultaneous alignment with
Mars. But last week we also noted the presence of a second bullish
influence in the four-planet alignment of Mercury, Venus, Jupiter and
Chiron. On Tuesday, the angular separation of the bullish pairing of
Mercury and Venus was 13 degrees. This matched the angular separation
of another bullish pairing of Jupiter and Chiron. While the week is not
yet over, Tuesday was the high of the week and provided some
confirmation of the effects of these two different positive influences.
There is some reason to be cautious for the next several sessions. On
the plus side, the Mercury-Venus separation will narrow to 12 degrees
but still be within one degree of the Jupiter-Chiron angular
separation. This may act as residual, if declining, bullish sentiment.
Also we should note that the Sun-Mercury angular separation is just a
bit under 13 degrees for Thursday’s session. While probably not as
positive as Mercury-Venus, this could act as another favourable
influence as it resonates with Jupiter and Chiron.
However, some of this bullish influence could be offset by the square
alignment of Sun-Venus with Pluto. With the Sun and Venus are
essentially moving as one in early Libra, the 90-degree alignment with
Pluto suggests a more negative mood. And if we throw in the approaching
Saturn direct station on Sunday, Oct 23 which highlights its ongoing
square with Uranus, there are also some potentially negative influences
to consider here.
However, on a relative basis, sentiment could be subject to an even
greater risk as we approach the Mars retrograde station on Oct 30, when
the red planet reverses its apparent motion from forwards to
backwards. Mars is a malefic planet, of course, and the time around
its retrograde stations can be volatile, especially if Mars forms
alignments with other planets. This is very much the case here as Mars
will cast its full-strength 8th house aspect (i.e. 210 degrees) to
Pluto at the end of October.
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Photo Credit: A. Duarte