(27 October 2021)
Tech giants Microsoft and Google surged to new all-time highs today
after reporting record corporate earnings for the third quarter.
Following their early October lows, stocks have generally rebounded
into the October earnings season as most earnings have come in above
analysts' expectations. The recent gains are a plausible manifestation
of the prevailing energy of Jupiter.
Since the culmination of its retrograde cycle and direct station on
October 16, Jupiter (28 Capricorn) has returned to normal forward
motion. More importantly, it now forms a close alignment with Pluto (0
Capricorn) and Neptune (26 Aquarius) whereby each planet is separated
by 28 degrees.
Whenever three or more planets form this type of symmetrical alignment,
the energies of the planets becomes more powerful. Both Pluto and
Neptune act as neutral factors here, but Jupiter is almost always
bullish and its participation in this alignment is a key source of the
current rally.
Natal charts provide another window on the ups and downs of collective
human sentiment. In light of the importance of these trillion-dollar
technology companies, the horoscope of the tech-heavy NASDAQ can provide
additional insights into potential market movements going forward.
We can see that transiting Jupiter is well-placed as it is in
conjunction with both the Sun and Rahu in the 10th house. This is
another reason for the strong performance of technology stocks.
Although Jupiter is moving quite slowly here following its direct
station, it will gradually separate from the Sun and Rahu later in
November. This is a potential source of weakness.
More immediately, we can see that Rahu and Ketu (the Lunar Nodes) and
Mars will form a potentially significant alignment with several key
points in this chart. Since both Rahu/Ketu and Mars are natural
malefics, their alignments with the natal Ascendant, Mercury and the
Moon in the coming days are more likely to coincide with a decline.
Rahu (7 Taurus) also forms an exact 120 degree alignment with natal
Mercury (7 Capricorn) and Ketu (7 Scorpio) aligns with the natal Moon (7
Cancer).
While I have chosen to use the transits for Monday, November 1 to
illustrate the theoretical maximum of this alignment, I acknowledge it
could manifest a few days before or after. Sometimes human sentiment
does not faithfully obey the laws of planetary geometry.
