Weekly Finstrology Update for September 5: Rough Holiday Reentry
As the markets reopen on Tuesday, September 5 after the long holiday weekend, they will be adjusting to two significant shifts in astrological energy. First, money planet Venus turned direct in motion on Sunday only to hand off its retrograde status to its big-brother benefic Jupiter, which started appearing to move backward on Monday morning and will remain retrograde through December 30. These two planets in retrograde motion tend to have a dampening effect on the stock market, and the handoff could add a jolting adjustment.
Second, Mercury (retrograde in Virgo) trines Jupiter before it turns retrograde. This is the second of three such connections, the first of which on August 9 brought news of a U.S. credit downgrade. Thus, that issue could reappear this week.
Watch for extreme clarity in the news and market information on Wednesday, September 6 when Mercury is in the heart of the sun, i.e., cazimi, from 3:35 am to 10:43 am.
On Thursday, the Nasdaq-100 could make a high because Venus is partile opposite the market’s first-trade sun, with transiting Jupiter making a square. Also, the moon is aligned with its own first-trade placement with the sun squaring it.
Markets on the Move
Z Zillow Group, Inc.
As both mortgage interest rates and housing prices climb, online real estate magnet Zillow recently announced a 1% Down Payment program to help people get started on the real estate ladder. Zillow Home Loans is offering eligible home buyers in Arizona the ability to contribute just 1% of a home’s value as a down payment, with the company adding 2% for the down payment upon closing. The program is expected to expand to other states as well.
Zillow was founded in Washington on December 13, 2004, with the sun and Pluto both at 22 Sagittarius. Its stock began trading under the ticker symbol Z on August 17, 2015, with the sun and Venus in Leo and Uranus in Aries forming a supportive grand trine with the company’s sun/Pluto conjunction.
In the short-term, look for a potential high on September 5 when the sun, Mercury and Jupiter form a grand trine with the stock’s first-trade trine of Mercury and Pluto. More interesting, perhaps, is to watch for a low on October 10, when Venus and the moon are aligned with first-trade Jupiter while Saturn is opposite. Two sextiles that day also are notable—sun sextile Venus and Mars sextile natal sun/Jupiter.
In the eight years the stock has been trading, it is interesting to note that it has tended to make a low in mid-October when the sun (and sometimes other planets) are sextile first-trade Venus, and then rally into mid-February when the sun is opposing its first-trade placement. This type of rally from mid-October occurred annually in 2016-2020 and in 2022. Prices declined from mid-October in 2015 and 2021.
This year, transiting Venus for the first time returns to a similar placement to where it was in 2015, when prices declined from October to February. We’ll just have to wait and see if that is a telling factor in the stock’s price outlook. But, if the more dominant pattern holds and there is a low near October 10, look for a high on February 9, 2024 when the new moon opposes first-trade sun and Venus.
- Euro FX Low on Tuesday, September 5—This market could get a lift as transiting Pluto is partile trine its first-trade sun while the moon is conjunct the natal sun. Meanwhile, the sun opposes first-trade moon. Substantial support in September futures could appear at 1.07300.
- Bitcoin High on Wednesday, September 6—The transiting moon and Mars form a grand trine with the market’s first-trade Mercury while transiting Venus is in opposition. In addition, the sun/Mercury cazimi opposes first-trade Venus and Uranus. Resistance could appear $200 either side of $28,000.
- 10-yr. T-note High on Wednesday, September 6—The market’s first-trade sun is stimulated by three transits—a Jupiter conjunction, a trine from the sun/Mercury cazimi, and a partile square from Venus. Transiting Mars is just nine days past a conjunction with its natal placement and still within six degrees. Upside resistance in September futures exists at 112-020.
All times Eastern
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.