Weekly Forecast: December 1 – 7, 2008

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Summary of This Week’s Influences/All times listed are Eastern Standard Time (EST)
  • General Influences: I hope you’ve noticed beautiful brilliant blue-white Venus appearing just after sunset in the southwestern sky, with yellow Jupiter getting closer to Venus each evening. As they conjoin Monday, the crescent Moon will hook up with the pair for about the first two hours after sunset.

    There’s plenty of time to attend to routine matters this week as the Moon is VOC* on Monday after 10:44 AM and Thursday until 1:23 PM.

    Finish anything you must accomplish before the end of the work week by Wednesday evening, as Mercury in Sagittarius challenging Uranus in Pisces Thursday and Friday can create unexpected events that sidetrack schedules. There could be computer snafus, so backup computer files in advance. Make sure all electronic devices are fully charged and have battery backups. Staying calm, focusing on one thing at a time can help control any nervous energy and avoid accidents. Mercury challenging Uranus Thursday/Friday and then Saturn in Virgo on Saturday can create travel and shipping cancellations, delays, and obstacles.

    Stockmarket: With the Sun, Mercury, Mars, and Pluto in optimistic and expansive Sagittarius, markets reacted favorably to the government’s plan last Monday to help Citigroup (C), boosting its stock price 122% for the week to close Friday at $8.36. Former Goldman Sachs (GS) co-chairman and Clinton Treasury Secretary Robert Rubin not only defended his role at Citi, but Alan Greenspan’s reputation, telling yesterday’s Wall Street Journal that “nobody was prepared for this” (the financial crisis). Since joining Citi in October 1999, Rubin has made $115 million excluding stock options for meeting with clients and performing an advisory role at Citi as an “experienced senior person who has no ax to grind.”

    The Sagittarius energies also were reflected in various stimulus plans proposed by President-Elect Obama, the UK, several EU countries, and even Israel in an effort to grow the global economy.

    Treasury Secretary Paulson announced a plan to greatly expand the Fed’s balance sheet which will add another plan under the TARP. The Treasury will take $20 billion from the TARP to provide credit protection for the new TALF (Term Asset-Backed Securities Loan Facility). In this program, the Federal Reserve will lend up to $200 billion to holders of AAA securities backed by auto, credit card, and student loans in an effort to bring down interest rates for borrowers. Paulson said last week that “$200 billion is a starting point, and then it can be expanded and increased over time.” The Fed hopes to have the program up and running by February. Additionally, the Fed will buy up to $600 billion of mortgage bonds issued or “guaranteed” by government agencies (Fannie/FNM, Freddie/FRE, Ginnie, and the FHLB).

    Markets were also pleased with the selection of President-Elect Obama’s economic team last week. The President-Elect announced that former Federal Reserve Chairman Paul Volcker will head the President’s Economic Recovery Advisory Board, a White House board modeled after President Eisenhower’s 1956 Foreign Intelligence Advisory Board. President-Elect Obama explained that the purpose of the board is to act as a forum outside of the traditional bureaucratic channels. The board will design and implement short term programs to help jump start the economy, the housing crisis, and bolster the government’s oversight of the financial markets.

    This week: Compared to the large market moves in either direction that we’ve become accustomed to, most of the week is likely to swing from moderately negative to choppy/mixed to moderately positive. Volatility is likely to make a comeback at the end of the week.

Monday, December 1, 2008

  • General Influences: There’s a feeling of optimism and desire to interact with others this morning as the Moon, Venus, and Jupiter conjoin in Capricorn. Saturn-ruled Capricorn helps to ensure spending stays within budget and business proposals don’t promise more than they can deliver. Complete all action-oriented activities before the Moon becomes VOC at 10:44 AM. The rest of the day is good for catching up on routine matters.
  • Stockmarket: Mostly positive trend bias that could begin to fizzle out as the day progresses. This is “Cyber Monday” (when workers use their employers’ computers usually more powerful internet connection to do online holiday shopping). The good news for retailers is that the Moon/Venus/Jupiter alignment will find people more in the mood to shop than work. The bad news for retailers is the rings of Saturn are likely to keep shoppers within their budgetary boundaries. Practical, quality-made items that have had large markdowns are the products that will move. Online sites that have brick and mortar stores that allow online purchases to be exchanged or returned to the store for the most part are likely to fare better overall than pure etailers.

Tuesday, December 2, 2008

  • General Influences: The Moon enters Aquarius at 1:45 AM until early afternoon Thursday. When the Moon is in Aquarius, people tend to be friendly but in an impersonal way. There’s a strong need for freedom and independence. (The USA was born when the Moon was in Aquarius.) Innovation and reform rather than tradition and routine, are the focus now.
  • Stockmarket: Negative to choppy/mixed. Might see improving conditions in afternoon.

Wednesday, December 3, 2008

  • General Influences: A favorable linkup between the Moon and Mercury in Sagittarius this morning is a good time to map out new projects and outline long range plans. The Moon conjoining Neptune this evening can provide the inspiration to view a challenging situation in a whole new light. Aquarian energy is about now and the future, not what occurred in the past. Aquarius Moon becomes VOC at 9:15 PM.
  • Stockmarket: Negative to choppy/mixed conditions as morning progresses.

Thursday, December 4, 2008

  • General Influences: With the Moon VOC until entering Pisces at 1:23 PM, this is a good time to clear the clutter of your mental and physical landscapes. The Moon hooks up with Pluto in Capricorn just after moving into Pisces. It’s time to turn on your inner b.s. detector and do some research as a situation might not be what it initially appeared to be. Mercury challenging Uranus in Pisces today and tomorrow emphasizes the importance of keeping a flexible schedule. Reconfirm all appointments. New ideas can suddenly enter your mind in the manner of the feeling you get when you jolt out of bed after realizing you’ve overslept. People tend to be more independent minded to the point of rebelliousness. Shocking information might surface now. Think carefully about what you want to communicate so there’s no embarrassment or regrets later. Mercury/Uranus can create a lot of nervous energy that can be alleviated through doing whatever helps you remain calm. Focus on one thing at a time, especially while driving.
  • Stockmarket: Volatility will likely begin to pick up today. Retail sales numbers will probably be a mixed bag, with a couple unexpected bright spots and worse than expected results from others. Negative to choppy/mixed conditions could see a bit of improvement in afternoon.

Friday, December 5, 2008

  • General Influences: The Sun conjoins Mars in Sagittarius today, helping to put those new ideas inspired by the Mercury/Uranus alignment into action, along with alleviating any nervous energy through physical exercise. Sun/Mars promotes personal pursuits and is aided by the energies of the First Quarter Moon which occurs at 4:26 PM. What vision do you want to manifest now? If you don’t have a plan of action, you could be spinning your wheels in frustration. People can be very defensive and outspoken about their beliefs. Be patient with others who might be impatient, particularly on the road late this afternoon.
  • Stockmarket: The Mercury/Uranus and Sun/Mars alignments at the First Quarter Moon today are likely to create volatile conditions tilted to the negative. (Mercury/Uranus is wild and unpredictable, and Sun/Mars can either bring rapid buying or selling.) The employment report is likely to be worse than expected. With the Sun/Mars and Mercury/Uranus alignments occurring at today’s First Quarter Moon, geopolitical concerns could also affect the market and investors might be concerned about holding certain positions over the weekend.

Weekend: December 6-7, 2008

  • Saturday: Mercury challenging Saturn can indicate delays and frustrations in traveling today, so you might want to allow extra time to get to your destination. Be sure to obey the rules of the road. Energies begin to lighten up in the evening, increasing our desire to connect with others as the Moon favorably aspects Venus and Mercury favorably aspects Neptune in Aquarius. Pisces Moon becomes VOC at 7:43 PM; Moon enters Aries at 9:44 PM.
  • Sunday: The Moon in Aries puts the focus on looking out for #1. Events tend to rapidly unfold today and tomorrow.
    Venus enters Aquarius until January 3, 2009. People tend to be attracted to the unusual and unique. It’s a time to make new friends and get together with others who share your ideals and interests. Venus in Aquarius represents financial reform.

*VOC (Void-of-Course) = When the Moon (our emotional barometer) ceases to have any major interactions with the other planets before entering a new zodiacal sign. This time period is best suited for anything where NO ACTION OR SPECIFIC OUTCOME is desired, as actions taken during the VOC period might not turn out as planned.

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