May 13 – 17, 2024

The S&P500 gained 95 points last week. I was also expecting a higher market. The daily forecast was also more or less ok. 

Here is the expected breakdown for the week of  May 13, 2024, to May 17, 2024.

The next planet in the order of compressed Vimshottri dasha is the Saturn. It is active between the days of May 12 – May 16. Saturn occupies the seventh house along with Mars in the sign Pisces. Saturn is a naturally malefic planet and it rules the sixth house house. Therefore it can cause serious problems for the stocks. The market may, therefore, go lower.

A new monthly solar return chart is applicable from May 17 and will stay effective until June 16. The month lord is Venus, which occupies the 9th house in the sign Taurus. Although Venus is strong in this sign, its proximity to Sun makes it is combust. Its influence can only be neutral. Mars is strong in its own sign Aries, but it occupies 8th house and it sits very close to Rahu. This is a negative feature. Saturn occupies the seventh house and makes a sextile aspect with Jupiter, Venus and Uranus. This is a positive feature. Moon occupies the 1st house in the sign Virgo and makes a trine aspect with Venus. This is a positive feature. Combining all the features, I find that positive features are slightly more pwerful than the negative features. This month, therefore, looks slightly bullish to me.

The compressed Vimshottri dasha planet for  May 17 is sun. Sun rules the 12th house and occupies the 9th house in the sign, Taurus. Sun is combusting Venus and Jupiter, Venus and Uranus. It is clearly a negative feature. However, it makes a trine aspect with Moon present in the first house. As a result, the market may go remain sideways during its period.

Transits during this week:  Jupiter and Uranus continue to transit through Taurus during this week. Rahu is transiting in Aries and Ketu in Libra. Venus is now advancing in Taurus, which is a good sign for Venus. Saturn and Neptune are well established in Pisces. The Sun in the sign is getting closer to Uranus and Jupiter. Mercury and Mars are roaming in the sign Aries around Rahu. Mercury will move over to Taurus on May 16. Although so many planets transiting in Taurus is good, but the combustion of Jupiter, Venus and Uranus within a week is not good. The moon moves in Leo, Virgo, and Libra. The Moon moves through the 6th Tithi of the bright half to the 10th Tithi of the bright half. The Moon gives moxed results in these signs and in these Tithis. Combining the transit and CVD techniques, the following is my estimate of the daily behavior of the stock market.

Monday: Lower; Tuesday: Lower;   Wednesday: Flat;   Thursday: Lower;   Friday: Flat

Overall, the S&P500 may go lower during this week.

2 thoughts on “May 13 – 17, 2024”

  1. Hello Raj,

    On twitter you have slight bearish for month starting May 17
    This was recent update you posted. Yet here you are showing opposite, this is confusing. I will go with this post on your website, however some clarity would be appreciated.

    Reply
    • James:
      I have made the correction on Twitter. After reevaluating the monthly chart, I think, we can continue to go higher for the period between may 17 and June 16.
      Raj chadha

      Reply

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