Market slumps after Fed minutes

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(22 February 2023) US shares moved decrease for a fourth straight day after the Fed minutes reaffirmed the central financial institution’s dedication to increased charges for the remainder of the 12 months.  Buyers have turn out to be extra cautious in current weeks as stubbornly excessive inflation could power the Fed to take care of a extra restrictive financial coverage.  Increased charges are usually unhealthy information for shares since they make borrowing costlier which reduces spending and places strain on the company backside line.

To this point, this week’s pullback has coincided with a bearish alignment of Mercury, Mars and Uranus.   Whereas none of those planets shaped full-strength Vedic facets with one another, they nonetheless have been in a detailed alignment for yesterday’s large sell-off as all three planets occupied the twenty first or twenty second sidereal diploma of their respective indicators: Mercury (21 Capricorn), Mars (22 Taurus) and Uranus (21 Aries).   As a rule, alignments involving Mars are inclined to have extra draw back danger, and Mercury-Mars alignments are considerably extra susceptible to declines.  On this case, the Uranus issue could have added some amplification to the risky Mercury-Mars power.

 

 

Whereas each Mercury and Mars moved previous their alignment with Uranus right this moment, they nonetheless shaped a precise 120-degree facet this afternoon.  This was maybe a lingering bearish affect in right this moment’s buying and selling session, which, though unfavorable, was a lot much less unfavorable than Tuesday.   And whereas the 120-degree angle shouldn’t be thought of a correct Vedic facet, it’s value noting that Mercury and Mars have been conjunct (with Rahu) in the important thing ninth harmonic/divisional or navamsa chart.  Though much less necessary than the rasi chart, the navamsa chart can typically present further info of the related planetary energies.

 


With faster-moving Mercury now separating from its alignment with Mars, the late week must be much less bearish.  As well as, we are able to see that the strategy of the Solar-Venus-Rahu alignment could possibly be extra bullish for Thursday and Friday.  The inclusion of Rahu on this sample is a matter of some debate maybe given its pure malefic high quality.  Nevertheless, it tends to be changeable greater than the rest and is often much less bearish than Mars.  In lots of circumstances, it may well truly be fairly bullish.  Additionally, its power tends to work higher with Venus, at the least for materials issues such because the inventory market.   Bulls may additionally get a lift from the Moon’s conjunction with Jupiter and Chiron.

For extra particulars, take a look at my weekly subscriber publication which is printed each Sunday.   Along with reviewing the important thing planetary and technical influences on US and Indian shares for the brief and medium time period, I additionally present an astrological evaluation of potential upcoming strikes in currencies, gold and oil.

These updates are often posted midweek.  You could be notified of recent posts by following me on Twitter.