Well, that was different. US stocks gained over4% today on the massive $1 Trillion EU bailout plan. India was up 3% and Europe went as high as 7%. It was a breathtaking rally to be sure.
I had been fairly bullish about this week but I never would have thought we could climb back this far, this fast. Clearly there is a lot more than the Sun-Venus aspect driving this rally. Jupiter in sidereal Pisces would certainly help in that respect, especially as it moves towards its conjunction with Uranus. That conjunction doesn't occur until early June so that could definitely provide some support in the near term.
I would expect a little pullback here (Tuesday?) before it goes higher. I have my doubts that SPX 1150 will hold.
