Weekly Finstrology Update for January 16: Ultimate Responsibility
All times Eastern.
The holiday-shortened trading week gets off to a good start with the sun in Capricorn in a sextile to Neptune in Pisces, a connection that has a positive vibe for leaders to support ideals and make them a reality.
That vibe could turn into a real plan by Thursday, when Mercury (also in determined Capricorn) sextiles the sign’s ruler, Saturn, which is in Neptune’s sign of Pisces. This Mercury/Saturn connection is good for putting long-term plans down in writing.
And that’s exactly what could be needed before the government’s funding expires on Friday, January 19, the first of two deadlines set in mid-November. By then, Mercury is trining Jupiter for the third and final time since early December, which could bring closure to the issue and excessive crowing about success. The fly in the ointment is that money planet Venus is in a square to Neptune on Friday morning, indicating that the flow of funds is under some tension.
Ultimately, the pending sun/Pluto conjunction in Capricorn on Saturday supports institutions and governments being responsible. Also, on Saturday, each planet enters Aquarius, allowing the same institutions to take a new look at the issues.
The New York Stock Exchange will be closed on January 15 for Martin Luther King Jr. Day. Futures markets at the CME Group in equities, interest rates, energy, metals, currencies, and cryptocurrencies will open on Sunday at their normal hours for the trade date of January 16, taking a mid-day pause on Monday. Grain futures open as normal on Monday night, with livestock futures reopening on Tuesday morning.
Markets on the Move
SPR Spirit AeroSystems
Although the headlines about a door detaching mid-air on an Alaska Airlines flight on January 5 focused on the 737 MAX airplane model from Boeing, supplier Spirit AeroSystems is the company that built the fuselage. According to Barron’s, Spirit AeroSystems gets about two-thirds of its revenue from Boeing and typically trades at about 20% of Boeing’s price.
Based in Wichita, Kansas, Spirit was incorporated in Delaware on February 7, 2005. Its stock began trading on November 21, 2006, when the sun and Jupiter were both at 29 Scorpio. Major aspects to this pair of first-trade planets have occurred at most of the stock’s major highs and lows. The stock’s first-trade Mars squares the company’s sun in its incorporation chart, and aspects to that Mars favor highs in price.
Look for lows on January 19 and February 8 when transiting planets are 60 degrees apart from the first-trade sun/Jupiter conjunction. When the sun, moon, and Neptune form a grand trine with that pair on March 19, prices could also make a low. For highs, watch March 4 and April 10, when five planets are in aspect to first-trade Mars.
- Euro FX High on Wednesday, January 17 — First-trade Venus, one of the most sensitive planets in this currency’s horoscope, receives two transiting aspects: a trine from Venus and conjunction from the moon. In addition, transiting sun and Pluto are trining the sun/Mars conjunction in the first-trade chart. Look for resistance at 1.1070, basis March futures.
- Bitcoin Low on Friday, January 19 — First-trade Mars is in the spotlight, with transiting Mars exactly conjunct and Mercury nearby. Also, the transiting moon and Uranus form a grand trine with first-trade sun and Saturn. Look for support from $46,500 to $47,000.
- Crude Oil High on Friday, January 19 — The almost conjunct sun and Pluto form a T-square with the market’s important Mars/Pluto opposition. Mercury and Mars form a square with the first-trade sun and a trine with first-trade Venus. Resistance could be significant at $76.30 per barrel in February futures.
- Gold Low on Friday, January 19 — All three of the most significant planets in gold’s first-trade horoscope are in aspect with transiting planets. Mars and Mercury conjoin the market’s natal sun, while the transiting moon and Uranus trine first-trade Mercury and Venus. Look for support near the mid-December low of $1,987 per oz in February futures.
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.