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What it seems the people actually got is a stale-mate and a staring contest on who is going to blink first.
Wall Street isn't sure who will blink - or if anyone will blink. Uncertainty and fear of what the government may do is never good for the market.
With uncertainty of what will happen, investors are taking the opportunity to clean up their portfolios, and some are simply dumping their positions in equities. According to Economist Robert Wiedemer, billionaires Warren Buffet, John Paulson, and George Soros all have been selling millions and millions of shares.
So forget about blinking, is the President and Congress actually going to just close their eyes as they drive the US over the fiscal cliff Thelma & Louise style?
Is the President going to get his Christmas wish, or will the Republicans get their way? Will the Speaker of the House get a stocking full of coal?
Let's look at the New Moon chart to see what the planets have to say...
Note: New Moon periods often coincide with temporary highs relative to the direction the market is trending. But there are times when it doesn't work out that way! (Read Randall Ashbourne's article, The Moods of the Moon - Trading the Mood Swings of the Monthly Lunar Cycle. Purchase his eBook, The Idiot and the Moon )
An Astrological Trip Around the New Moon in Sagittarius ChartThe Grinch's opportunity to steal Christmas?
Depending upon what Christmas means - if what is valued is in our hearts, no. Christmas will come no matter what.
Materially, well yes, opportunity is on The Grinch's side to prevent a Santa Claus Rally, because for Wall Street, Christmas holds no spiritual meaning.
Bad Boys Rule - and we know what Bad Boys get for Christmas, right?
The "Bad Boys" ruling this horoscope are Mars, Saturn, and Pluto - though they each have positive sides to their nature, they often act harshly even when showing their good side. It's not easy being good.
Mars rules the Scorpio rising New Moon chart along with Pluto - Mars is exalted in Capricorn, and in mutual reception with Saturn residing in Scorpio. Instead of just rushing into action where fools would never dare, Mars in Capricorn can act forcefully with cold-blooded authority - less hot-headed and impulsive, Mars in Capricorn can be ruthless, yet responsible, and take action setting long term goals.
Saturn is sextile Pluto and they, too, are in mutual reception - because Scorpio is ruled by both Mars and Pluto. Planets in mutual reception reside in each other's ruling signs. They are like welcome VIP guests in each others houses. Via mutual reception they have the means and liberty to make themselves "at home", but because they are dignified guests in each others homes, they often display their better nature.
Saturn on the Ascendant of this chart elevates Saturn's power and authority. Saturn represents authority and the people in government in those positions, while Pluto wields incredible influence and power in the money house - both planets deal with control principles, though Pluto is more about using force to influence or gain control. These two planets together can use their energy to change things immeasurably - for Good or for Bad.
Saturn, on the Ascendant, in the 12th is read as if in the first house. - Though the real work between the Democratic president and the speaker of the Republican-led House is an on-going, 12th house behind- the- scenes venture, Saturn's influence in the first house is powerful. However, even a well positioned and well aspected Saturn makes it tough to get good results. In the best of all interpretations, this position can produce a steady progressive attitude among the people, supporting the President's position on the budget talks; but truthfully, it rarely is beneficial for Saturn to be placed here.
The New Moon in Sagittarius in the Second House. The New Moon in the second deals with "what is valued" and focuses on material possessions. It has special reference in this mundane chart to the financial condition of the stock exchange. Not only is the New Moon there, but Pluto is there.
Click to read this article in full on the astrologicalinvesting.com web site. Read the interpretation of the planets in houses, the Moon phases section and get the "Head's Up" - upcoming astrological events list.