He'll be heading to the salon for a new "do" and shopping for a set of the emperor's new clothes.
I probably shouldn't be making fun of the guy who throws thunderbolts around when he's off his Adderall, but have you ever tried swapping jokes with Saturn?! Ugh.
Anyway, I received a note during the week from a reader wanting some further explanation of how Jupiter affects sector rotation ... the regular shift of money away from the popular to the unpopular.
I've touched on this a few times and you might want to take another look at the January 20 Eye of Ra in the Archives.
Basically, though, Jupiter increases either the demand, or the supply. The biggest impacts tend to be in the sectors ruled by the sign Jupiter is entering - Leo; the sign he's opposing - Aquarius; and the signs he's squaring - Taurus and Scorpio.
In January, I urged you all to look at gold and gold mining stocks for a possible long-range shift in the trend. So far, so good ... and that trend shift is giving fairly strong indications of being underway.
The other sectors ruled by Leo are: Amusement parks, gambling and casinos, games and toys, jewelry, recreational vehicles and stock brokers.
Aquarius rules: Aerospace and aircraft, computers and technology, radio and TV broadcasting, electrical equipment, satellites and stock market profits.
Taurus and Scorpio rule: Banks and insurance, debt and taxes, copper, bonds, financial institutions, cattle, candy and corn.
So, the idea is that we look at stocks in those sectors to see which ones appear to have been putting in a solid, long-range bottom OR are showing distinct signs of topping out.
Okay, a reminder that this week brings a Bradley major trend change date.
Let's see where we are ... starting with the Pollyanna index, Wall Street's SP500. She dropped to the Node line at 1952 last week, but bounced back into the Node range now priced from 1955 to a whisker above 2000.
The DJIA is riding a technical channel, unable to climb back inside the upper tier ... and with no new peak in the Big Bird canary since March 2013.
On the northern side of the lakes, Toronto is stalling at a long-range planetary price level. The index made a Bear bottom at a Pluto/Node zone and is now testing a higher level zone priced from the 15,100s to 15,900s.
On the other side of The Pond, London's FTSE continues in its range-bound torpor. It makes Midsommer Murders looks like a Michael Bay action movie.
Germany still can't keep its head above the long-range Pluto barrier in the early 10,000s.
Paris is swooning, though may have reached a bounce level.
And dear old Auntie, the ASX 200, hit 5532 again ... and reached for the smelling salts. Again.
I indicated recently I could see no instance on the gold charts where a rally stalled before hitting an upside Sun or Pluto line. And there still isn't one, since the price of gold made contact with both of them last week.
Safe trading - RA
(Disclaimer: This article is not advice or a recommendation to trade stocks; it is merely educational material.)Copyright: Randall Ashbourne - 2011-2014
Astrological Investing's associate, Randall Ashbourne, author of the eBook, The Idiot and The Moon, and The Idiot and the Moon, Forecast 2014, writes a free weekly column titled, The Eye of Ra on his web site in which he explains the potential impact of astrological aspects and the current state of technical conditions. Ashbourne's charts are revealing illustrations of exactly what has occurred in the market and the probability of what to expect.
Important reading: Randall Ashbourne's The Idiot and The Moon, Forecast 2014
Purchase Forecast 2014 and receive a special report on GOLD
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