(4 October 2026) Stocks were mixed last week as the weak jobs report took the pressure off bond yields as prospects for a second Fed rate hike diminished. While the NASDAQ was higher on the week, the S&P 500 finished fractionally lower and the Dow and broader averages fell for the fourth straight week. The deteriorating breadth story continues to dominate the news as market indexes are being held up by a few big names while the most stocks are now below their 200-day moving average.
This mixed outcome may have reflected the range of influences last week. While the Venus retrograde station (exact Saturday Oct 3) carries a small but discernible negative influence, other alignments may have served to offset more bearish scenarios. Based on a 85-year backtest of 16 previous cases, the ongoing heliocentric tertiary progressed alignment of Mercury and Venus in the NYSE chart is a more bullish influence. The updated cumulative trend chart below shows that the S&P 500 (SPX) is loosely tracking the historical mean and median of this alignment, even if the Dow (DJIA)...
(6 Sep 2026) Stocks ended the week slightly higher despite renewed inflation fears after Friday's strong jobs report. The combination of a robust labour market...
(2 August 2026) Stocks finished higher last week despite some volatility brought on by renewed hostilities between the US and Iran and another spike...
(19 July 2026) US stocks were mostly lower last week as the semi-conductor sell-off intensified on worries about AI-spending and profitability. While the NASDAQ...
(12 July 2026) Stocks were mixed last week as chip makers and big tech rebounded from their recent sell-off while the broader market finished modestly...
(28 June 2026) Stocks were generally lower last week as investors took profits in overheated technology and AI-related sectors. While the NASDAQ and S&P...