(5 April 2026) Stocks rebounded last week on hopes that a ceasefire in Iran would lead to an eventual re-opening of the Strait of Hormuz. While stocks rallied on war optimism, US oil prices actually pushed back above $100 as supply fears began to take hold.
The rally was basically in line with expectations as the gains coincided closely with the Mercury-Jupiter trine aspect. Our backtest of previous alignments suggested a bullish bias when both Mercury and Jupiter were direct, especially given the probable waning negative impact of the March 15 Mercury-0-Mars-0-North Node conjunction. Last week’s rally appears in both cumulative trend charts as the red current alignment line appears to be reverting to the long term averages of both planetary patterns. While there is no guarantee that either red line will rejoin their average and median lines, it nonetheless is some evidence for further upside in the coming days…
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