Aug 19 – 23, 2024

The S&P500 gained 210 points last week. I was expecting a lower market. I have never been so wrong. The daily forecast for Monday, Tuesday, and Friday was correct, but for Wednesday and Thursday, it was very wrong, which made the whole week inaccurate. When Mercury is retrograde, any market can make wild swings. 

Here is the expected breakdown for the week of  August 19, 2024 to August 23, 2024

A new monthly solar return chart is applicable from August 19 and will stay effective until September 18. The month lord is Jupiter, which occupies the 7th house in the sign Gemini. Jupiter gives good results in this house. But it makes square aspects with Venus in the fourth and retrograde Saturn in the fourth house. As a result, it may give adverse results. Mars also occupies the seventh house in the sign Gemini, and it roo makes square aspects with Venus and Saturn. It can, therefore, only be regarded as negative. Saturn is retrograde and occupies the fourth house. It makes an opposite aspect with fallen Venus. It can, therefore, only give inauspicious results. Moon occupies the third house in the sign Aquarius and makes a square aspect with Uranus in the sixth house, which in turn makes a square aspect with retrograde Mercury and Sun in the ninth house. This is a negative feature. Combining all of the above, I see only negative features and no positive features. This month, therefore, looks only bad, bad to me.

The compressed Vimshottri dasha planet for  Aug 18 – Aug 19 is Mars. Mars is a malefic planet. It rules the fifth house and occupies the seventh house in the sign, Gemini. It makes square aspects with fallen Venus in the tenth house and retrograde Saturn in the fourth house. As a result, the market may go lower during these days.

The compressed Vimshottri dasha planet for  Aug 20 – Aug 23 is Rahu. Rahu occupies the fifth house in the sign, Aries. It does not have any close aspect with any planet. Since it is well placed, it may give positive results. Consequently, the market may end higher during this period.

Transits during this week:  Jupiter is advancing in the sign Gemini, while Uranus continues to transit through Taurus during this week. Rahu is transiting in Aries and Ketu in Libra. The Sun advances in Leo, whereas Venus has moved into its worst sign, Virgo. Mercury has turned retrograde and has moved back into Leo. Saturn and Neptune are well established in Pisces. However, both have turned retrograde now. Retrograde Saturn is not a welcome feature. Mars is advancing in Gemini, a sign of its dislike. It has started making square aspect with retrograde Saturn, which is not a welcome situation. The planet, Sun, is strong, but Venus gets weak.

The Moon transits between Dhanishta and Revati, a group of panchak nakshatras. Moon does not help the stock market in Jyeshta and Mula. The Moon and the Sun form some bad and some good yogas during this week. It also forms a few square aspects with Uranus, Mars and Jupiter, and opposition aspect with Venus. Combining the transit and CVD techniques, the following is my estimate of the daily behavior of the stock market.

Monday: Flat; Tuesday: Lower;   Wednesday: Slightly lower;   Thursday: Higher;   Friday: Higher

Overall, the S&P500 may go slightly higher this week.

Leave a Comment