The week ahead is going to be interesting as we await news on Wednesday to find out if the Fed will pause and skip hiking interest rates in June or continue an upward trajectory of economic pain.
Either way the following day, Mercury in dualistic Gemini makes an angular 90° alignment to Saturn in Pisces. This suggests overall mental stress and trading challenges for investors. There can be a lack of clarity with potential deception and confusion.
On Saturday, June 17, Saturn turns retrograde at 7° Pisces, Charubel’s “Degree of Incompetence”. Saturn retrograde generally trends toward reversals. Coincidentally, this is Charubel’s interpretation:
Degree 7-8 Pisces :
« A man with upraised arms submerged in the water, over which a heavy rain is falling » Degree of Incompetence
"This is the index of one who is liable to suffer many affronts of fortune, due chiefly to his own incompetence and the attempting of things and enterprises that are beyond his powers. Let him study humility and service of others, and cultivate a proper understanding of his own aptitudes and powers. Thus, he may escape a sudden and unlooked for ruin which otherwise must attend him in the boldest venture of his life. He may go into liquidation and become submerged, and crying for rescue from his helpless state, there may be found none to weep for him save Heaven, which yet is kind in that it permits this warning. Independence is not for those who have no knowledge of their own weakness. The strong swimmer alone can attempt the deep waters."
Could this degree be referring to the Federal Reserve and Chairman Jerome Powell? Or the markets at large? (I scratch my tilted head looking up to ponder.)
We then have a dark New Moon in Gemini early Sunday at 12:37 AM Eastern time. This can add a humorous light tone for Father’s Day. However, for the markets, mutable Gemini is another indicator of a switch. Mercury and it’s associated zodiac sign Gemini are often called “The Trickster” for that reason. (One very Gemini person I know sometimes behaves like Dr. Jekyll and Mr. Hyde.)
Looking further ahead to Monday, June 19, Jupiter in Taurus (wealth, money) lines up in an opportunity “sextile” with Saturn (responsibility, limitations) in Pisces. It’s often considered a favorable alignment, although typically the most outer planet holds sway over the vibes. This time stern Saturn is calling the shots.
Combining all these transits, and others soon coming, I think our new Bull Market will be short lived. Of course, I hope I’m wrong!
Now for news from me. Coinciding with Saturn turning retrograde and the Gemini New Moon, I’m taking a hiatus from regular blogging. I’ve decided to revamp my offerings during the summer (which officially starts in the U.S. on June 21 when the Sun enters Cancer) and into fall.
I have some webinars in the works so stay tuned for details on these.
Personally, this Saturn retrograde is sextile my own natal Mars, so it’s a suitable time for me to retreat, review, revise, refine and restructure all my actions. Notice all those words starting with “re”!
Speaking of retrogrades, here’s a prior post about making the most of this astrological phenomenon:
I’ll likely launch my new creations on Saturday, November 4, when Saturn turns direct. Saturn will then conjoin my natal Mercury, planet of communications and writing, and trine my natal Sun ruler Neptune, representing imagination.
Subscribers and followers may still receive occasional updates between now and then, along with brief forecast blips posted on my website to advise important planetary transits that could significantly impact markets.
Thank you for sharing my journey interpreting the cosmos.
Hooray! A U.S. debt default has been averted, signed into law two days before Secretary of the Treasury Janet Yellen's X-date deadline. Overall this week looks grand for investors. As they say, make hay while the Sun shines. Venus in Leo starting Monday roils passions for love and money. We're all fired up to fulfill our dreams and destiny.
Wishing those who celebrate a wonderful Monday Memorial Day. I honor those who have fought and died for our freedom, always praying for peace.