(14 June 2026) Stocks rebounded last week as a peace deal with Iran now seemed imminent. Despite some volatility in the first half, the indexes finished green on the week as the much-anticipated SpaceX IPO launched successfully on Friday.
The week unfolded more or less in line with the key transits as Monday’s modest gain coincided with the slightly bullish Venus-Jupiter conjunction while the declines on Tuesday and Wednesday highlighted the Mercury-Saturn square.
The updated cumulative trend charts continue to lean bullish. The cumulative trend line of the May 25 Mars-Pluto-North Node alignment is still mostly tracking its historic mean and median. While gains appear more modest in the post-alignment period, this pattern nonetheless supports further upside, at least until it reaches the end of its backtest period on June 23 (i.e. 30 days after the May 24 alignment)…
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