Weekly Finstrology Update for December 27: Year-End Trading Snafus
To add insult to this year’s stock market injury, Mercury turns retrograde for the final two trading days of the year on Thursday, December 29, and could make a mess of year-end efforts to wrap things up easily.
Mercury rules communications of all sorts, including phones and computers used for placing and executing trading orders. Mercury also rules trading and stock indexes, so when it is on vacation from its duties while retrograde, it can create trading headaches. This retrograde has Mercury in strict Capricorn, so playing by the rules will be essential to avoid trading punishment.
Those headaches could be especially strong this week because Venus, the planet that rules money, also is in the picture. On Wednesday, December 28, Venus in Capricorn sextiles Neptune in Pisces, creating a distinct opportunity for money to dissolve. Is that due to locking in losses for the year? Or a sliding market into the year-end? Maybe both??
Just hours after Mercury turns backward in the sky early Thursday, it conjoins Venus shortly after the stock market opens. Talk about a monetary shock to the system! Thursday especially looks like there could be trading snafus that could reverberate throughout the marketplace. Think fat-finger errors that send markets into a tizzy while they get straightened out.
Although Mercury and Venus are moving in opposite directions, they remain close enough to one another to develop these snafus into the first two trading days of the new year.
The New York Stock Exchange is closed on Monday, January 2.
CME Group markets are closed on Monday, January 2. Its stock index, currency, energy, interest rate, metal, and softs markets open at their regular times on Monday evening for Tuesday’s January 3 trade date. Grain and livestock markets open at their regular times on Tuesday morning.
Markets on the Move
LYV Live Nation Entertainment
Live Nation Entertainment is the world’s leading live entertainment and ticketing company. It brings 40,000 shows and more than 100 festivals to life annually; it sells more than 500 million tickets a year as well. Live Nation began trading on the New York Stock Exchange on December 22, 2005, so just last week had a solar return.
Lately, the company has been in the headlines for the wrong reasons. Most notable was the ticketing crash on November 15 for Taylor Swift’s new Eras Tour pre-sale that resulted in Ticketmaster, a subsidiary since 2010, canceling the sale entirely three days later, one day before tickets to the general public were to begin. Less than a month later, there were problems with fake tickets at a December 9 Bad Bunny concert in Mexico City.
Stock prices hit a low on November 18, the day the company canceled the Swift ticket sale. Prices bottomed at $65.05 as the moon aligned with its first-trade position for an emotional peak, transiting Mars opposed first-trade Pluto for powerful actions, and Mercury/Venus were sextile first-trade Venus for a financial trading opportunity.
Now the company is under federal scrutiny from both the Department of Justice and Congress for monopolistic actions. These inquiries could come to a head while transiting Jupiter (ruler of legal matters) makes three conjunctions with first-trade Mars over the next 14 months (exact on June 30, 2023, November 12, 2023, and February 16, 2024).
The last time Jupiter conjoined first-trade Mars, the stock made a significant low in October 2011. Look for a low on June 20, 2023, as the transiting sun, moon, Mercury, and Venus also are in play with the first-trade horoscope. A significant high could occur on October 30, 2023, when first-trade Jupiter is opposed by transiting Jupiter and moon and conjoined by transiting Mercury and sun.
More near-term, prices could make a low on January 4, 2023, as the sun and Mercury trine natal moon. A month later, on February 8, prices could peak when the moon, Venus, and Uranus all aspect the stock’s first-trade moon on the same day that transiting Mars makes its final of three oppositions to natal Mercury; prices peaked one day after the first pass on September 11.
- Crude Oil High on Thursday, December 29—Mercury, Venus, and Pluto form a T-square with first-trade Mars and Pluto while transiting Mars is opposite natal Jupiter and Uranus. Watch two price levels in the February futures contract for resistance–$80.30 per barrel, then $86.80.
- Euro FX Low on Friday, December 30—Mercury, Venus, and Pluto trine this market’s natal Mars and sun in Taurus while the moon conjoins natal Venus. Support in the March futures contract could appear at 1.0560.
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All information in this post is merely the personal opinion of the author and not that of Astrology.com or any other person, company or entity. This information is not to be construed as financial advice, nor relied upon as such. Please contact your broker or financial advisor for trading and investment advice, and use astrological indicators in combination with other trading-decision inputs. Past results are not necessarily indicative of future market behavior.