Market Watching the Moon

Astrological Market Analysis - August 24, 2024 Planetary Positions Overview: Sun in Virgo (4°26') Moon in Taurus (4°32') Mercury in Leo (29°17' Retrograde) Venus in Virgo (8°21') Mars in Gemini (10°11') Jupiter in Gemini (7°42') Saturn in Pisces (6°45' Retrograde) Uranus in Taurus (13°49') Neptune in Pisces (29°13' Retrograde) Pluto in Aquarius (0°8' Retrograde) True Node in Aries (6°35') Chiron in Aries (10°10' Retrograde) Recent Market News: Fed’s Powell Says Labor Market Not a Significant Source of Inflation Pressure - A recent statement from Fed Chair Jerome Powell suggests that the current labor market is not contributing significantly to inflation. This could ease concerns about aggressive interest rate hikes.= Potential Rate Cut in September - Powell also indicated that a rate cut might be "on the table" as soon as September. This news is pivotal as it signals a potential shift in the Federal Reserve's monetary policy...

TL;DR: As we move through August 2024, the stars suggest a period where caution is warranted. While there may be opportunities, particularly in well-managed, fundamentally sound companies, the overarching theme is one of careful reevaluation and preparation for potential shifts as we approach the end of the retrograde cycles. Investors should focus on clarity, patience, and maintaining flexibility in their strategies to navigate the complexities of the current astrological and financial landscape. Planetary Positions (week ending August 16, 2024 Pacific Time): Sun: 24° Leo Moon: 18° Capricorn Mercury: 28° Leo (Retrograde) Venus: 14° Virgo Mars: 18° Gemini Jupiter: 17° Gemini Saturn: 17° Pisces (Retrograde) Uranus: 27° Taurus Neptune: 29° Pisces (Retrograde) Pluto: 0° Aquarius (Retrograde) True Node: 7° Aries (Retrograde) Chiron: 23° Aries (Retrograde) Recent Financial News: Fed's Powell indicates potential rate cuts as soon as September: Fed Chair Jerome Powell suggested that a rat...