WallStreetWeather.net Forecast For Week Of January 23, 2011
Summary Of Last Week’s Influences:
With his progressed Sun in Libra the sign of partnerships and harmony, President Obama continued his courtship of the business community.
Mercury conjoined Pluto in Capricorn for the third and final time Tuesday, completing the cycle begun at the Sagittarius New Moon. This was when President Obama announced he had cut a tax deal with the Republican leadership. In an op-ed piece in The Wall Street Journal, the President outlined the purpose of an executive order issued Tuesday to review and streamline government regulations affecting businesses, explaining that “sometimes those rules have gotten out of balance.” (More on the influence of Saturn in Libra in the next section.)
In the USA’s uneasy partnership with China, President Obama invited the nation’s top CEO’s to meet and dine with President Hu Jintao at the White House. President Obama told Hu: “We want to sell you planes, we want to sell you cars, we want to sell you software.” By the end of the visit, China had committed to purchase U.S. goods valued at $45 billion.
The Sun represents leaders and leadership. As the Sun shifted into Aquarius (technology) Thursday, Google (GOOG) CEO Eric Schmidt who had served as “den mother” to the company’s two founders tweeted: “Day-to-day adult supervision no longer needed!” Larry Page will be in charge of the company, and co-founder Sergey Brin will focus on “strategic projects.”
Born with his Sun conjunct Venus in take charge Aries, along with Aries’ ruler Mars in ambitious Capricorn, it is not surprising that Page would want to be in the #1 slot at the company. Aries energy is impatient and wants to accomplish things quickly to be able to move onto something new. Aries energy is also fiercely competitive. Last summer’s transits of Jupiter and Uranus in Aries conjoining Page’s natal Sun and Venus together with Saturn in Libra conjoining natal Pluto and opposing his Sun/Venus, likely increased Page’s level of frustration with the speed of decision making within Google’s management structure that Schmidt refers to in his statement.
With Jupiter in Aries until June 4 and Uranus (Aquarius’ planetary ruler) in Aries from March 11 until 2019, Page no doubt wants to ensure that Google is the leader in mastering access to the world’s information.
It is interesting that the leadership change will take effect on April 4, the first business day after the New Moon in Aries (new beginnings). Mercury will be retrograde then, reflecting that Page is making a new start in returning to his role as CEO. Mars and Uranus in Aries will conjoin his Sun and Venus, indicating that Page will be more than ready to hit the ground running.
A symbolic rather than substantive leadership shift took place Friday when President Obama announced CEO Jeffrey Immelt will head the President’s Council on Jobs and Competitiveness. This is the new name for the Economic Recovery Advisory Board which Immelt was a member of and was chaired by former Federal Reserve Chairman Paul Volcker who recently resigned. Mercury represents the workforce, and the Sun conjoining Immelt’s natal Mercury in Aquarius reflects the appointment.
Summary Of This Week’s Influences:
Jupiter (expansion) and Saturn (contraction) are the largest planets in our solar system and represent the overall business cycle. These two giants that will oppose each other for the third and final time in March are the two dominant planetary influences this week.
Monday is the first market day that Jupiter will be in Aries, a sign it briefly transited from June 6 – September 9, 2010. Jupiter at the beginning of Aries indicates it’s time for a completely new economic philosophy. Aries is ruled by Mars and with the Sun conjoining Mars in Aquarius (exact February 4) as Jupiter enters Aries, current economic beliefs must be shaken up rather than stirred around in circles.
Saturn rules history which serves as a foundation to help practitioners of the dismal science formulate current and future economic forecasts. Soon Uranus will be in Aries and will start shaking up the USA’s values (Venus) and beliefs (Jupiter) as Pluto in Saturn-ruled Capricorn has the first phase underway, digging beneath the foundation to expose all the toxic elements that have permeated the nation’s economic and societal structures.
The Moon (sentiment) is in Aries’ opposite sign, Libra Monday and Tuesday. Alliances, arrangements, and all types of relationships are in focus when the Moon is in Libra, the sign of harmony and balance in all things. Saturn rules government, big business, and the status quo. Saturn in Libra in its most positive manifestation represents a polite and civil society with laws, rules and regulations applied equally to all for the good of the entire nation.
Saturn’s energies are strong this week as from Earth’s vantage point it appears to be stationary in the sky as it turns retrograde until June 12. On Tuesday at 9:00 PM EST when President Obama gives his State of the Union address, some Democrats and Republicans intend to break with tradition and sit together as a gesture to help inject some desperately needed civility.
The Moon will be in Libra and in a sort of limbo-land until 9:15 PM* when it enters Scorpio (through Thursday evening). Of course with all the time usually wasted on the President’s arrival and the endless clapping, the speech may not get started until 9:15 anyway. And there is usually not anything important said at the very beginning of the speech. Notice if President Obama becomes more intense as the speech progresses.
The Moon in the sector of the S.O.T.U. chart representing the economy indicates that the public is most concerned about economic security. Mercury in Saturn-ruled Capricorn is in the sector representing home/family, infrastructure, and national security. Mercury is the ruler of the S.O.T.U. chart and squares Saturn. The speech is serious in tone, reflecting the work that must still be done to ensure the economy continues on a solid and sustainable path. Words and phrases such as “economic imbalances”, “balanced economy”, how government can be an ally and partner rather than the enemy, “fairness”, “civility”, etc. would describe these energies.
The Sun conjoining Mars and Mars ruling the sector of the chart that is Scorpio’s natural domain reflects the President’s energy and focus will be on working with Congress on an overhaul of the tax code and deficit reduction. He will likely be more assertive and have a new strategy on promoting the goals of the healthcare bill, although in Tuesday’s speech he might choose to primarily focus on individuals who have suffered under the current system.
Mars is conjoining Rep. Paul Ryan’s Sun and Venus in Aquarius as he gives the Republican response to the S.O.T.U. (Let’s see if he has the guts to explicitly explain to the public about his radical agenda for Medicare.**) Although Republicans were able to remain united when they were the opposition, Tuesday night’s upstaging of the House Budget Committee Chairman’s response by Rep. Michele Bachmann who will air her own response on a Tea Party website, highlights the distinct and diverse factions within the Republican Party.
With Saturn stationing opposite her Sun and Mercury in Aries, Rep. Bachmann has taken it upon herself to be the self-appointed authority of the Republican Party by attempting to compete with the person selected by the Republican leadership.
Now it’s time for President Obama and the Democrats to stand firm and let the Republicans take the lead and raise the debt ceiling in March. Saturn retrograde station now reflects that although Republicans criticized the Democrats during the midterm election for not focusing enough on job creation, Republicans have so far spent all their time in charge of the House attempting to turn back the clock to 2008 before Obama was elected President. (They seem to believe 2008 was so wonderful it should be experienced more than once.) Last week’s crowning achievement was the symbolic vote in the House to repeal the healthcare bill. On Wednesday, the House Committee on Oversight & Government Reform will begin a series of investigative hearings probing major legislative actions passed during the last two years. The first hearing will focus on TARP which was created by the Bush Administration.
The Last Quarter Moon occurs early Wednesday morning as the World Economic Forum opens in Davos and the FOMC concludes their two day meeting with the release of their statement at 2:15 PM. Both are focused on which is the greater risk – inflation or deflation. Tomorrow’s post will solve their quandary.
Monday, January 24, 2011
Negative trend bias.
Tuesday, January 25, 2011
Choppy/mixed to positive.
Wednesday, January 26, 2011
Thursday, January 27, 2011
Choppy/mixed to positive.
Friday, January 28, 2011
Negative trend bias; weakens as the day progresses.
*The Moon is Void-of-Course, meaning since 5:04 PM Tuesday it has ceased to make any major relationships (aspects) with any of the other planets.
**Ryan proposes that individuals currently 55 and under will receive a voucher when they become eligible for Medicare that they will designate to the health insurer of their choice. The vouchers will be means tested. Seniors of higher income will receive less assistance to purchase health insurance than lower income Seniors. Also, Seniors deemed to be higher insurance risks will receive larger vouchers than Seniors considered to be lower risks. Seniors could end up paying a lot more in medical costs, and there is no guarantee that insurers must issue every Senior a policy. (Ryan’s general healthcare proposal is just as ambiguous.)
This is the beginning of the end of Medicare because people of higher income during their working years will be reluctant to contribute to a system they will see little or no benefit from. The reason that Social Security and Medicare are popular programs is because people of all income levels (while making different contributions during their lives), are guaranteed a minimum benefit.
Jeffrey Immelt: February 19, 1956 time unknown Cincinnati, Ohio
Larry Page: March 26, 1973 time unknown East Lansing, Michigan
Paul Ryan: January 29, 1970 time unknown Janesville, Wisconsin
Michele Bachmann: April 6, 1956 time unknown Waterloo, Iowa
Posted 1/23/2011 11:35:00 PM