November 30, 2025
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Determined resilience: the Mars-Saturn square

(30 November 2025)  Stocks rallied strongly during...

Rational harmony: the Mercury-Venus conjunction

(23 November 2025)  Stocks moved lower last...

Determined resilience: the Mars-Saturn square

(30 November 2025)  Stocks rallied strongly during Thanksgiving week on renewed hopes for an interest rate cut at the next Fed meeting on December 10.  The rate cut optimism offset lingering doubts about the economic sustainability of the current AI boom. The gains were not wholly unexpected given Monday's Mercury-Venus conjunction.  A study of previous Mercury-Venus conjunctions suggested that stocks had a bullish bias in the aftermath of the conjunction, although the presence of retrograde Mercury complicated that view somewhat.  Whenever Venus conjoined retrograde Mercury as was the case on...

MVA Investor Newsletter...

(22 January 2024)  Stocks rebounded last week as strong profit forecasts from AI chipmakers lifted the technology sector.  The S&P 500 gained 1% on...

MVA Investor Newsletter...

(14 January 2024)  US stocks rebounded last week as lower PCE and PPI inflation data took bond yields lower and kept the dollar under...

MVA Investor Newsletter...

(31 December 2023)  US stocks finished the year on a winning note as the Santa Claus rally delivered modest gains in the absence of...

MVA Investor Newsletter...

(25 December 2023)  US stocks pushed higher for the eighth straight week as slowing PCE data provided more evidence for an imminent Fed pivot. ...

MVA Investor Newsletter...

(17 December 2023)  US stocks rallied again last week as the Fed Chair Jerome Powell delivered a long-awaited pivot towards cutting interest rates.  The...

MVA Investor Newsletter...

(10 December 2023)  US stocks pushed higher last week as Friday’s strong jobs report provided more evidence for a market-friendly soft landing.  The S&P...

MVA Investor Newsletter...

(3 December 2023)  US stocks moved higher again last week as the latest inflation data came in near the consensus forecast and took bond...

MVA Investor Newsletter...

(26 November 2023) Stocks extended the rally last week as dip buyers continued to dominate the market given the bullish Thanksgiving holiday seasonality.  The...

MVA Investor Newsletter...

(19 November 2023) Stocks rallied higher last week as moderating inflation data provided more evidence that the high in bond yields is now in...
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