TRADER TRANSITS
Venus in Cancer
As covered in our recent publication, When to Buy and When to Sell: Combining Easy Indicators, Charts, and Financial Astrology (available on Amazon), and our Planet Power – Venus, blog, dated 7-20-24, the planet Venus plays a major role in the financial astrology arena. Venus symbolizes money, and its upcoming ingress into the sign of Cancer (representing the 4th house of the zodiac and ruled by the Moon), associates with the “home” and emotional attachment.
Venus will travel through Cancer from July 27th through August 25th this year, before moving into the sign of Leo. Venus in Cancer signifies an increase in positive sentiment towards, one’s home, family, and money, the latter of which needs to be controlled regarding spending and investments. Note that the planet Jupiter is also transiting Cancer, which expands related energies.
During this transit it is very important to avoid the Fear of Missing Out (FOMO) and/or “falling in love” with a stock or investment (also discussed in our publication). Stay disciplined and be sure to follow your strategy and rules. Markets tend to become over-extended seasonally at this time of the year as well, with Cancer season (which ends tomorrow) again enjoying gains, as the 2nd most lucrative season of the year over the past couple of decades. Be ready to take profits and do not rush into any investment at cycle or all-time highs. The same applies to any real estate transactions, with Cancer’s symbolism of the home.
The previous Venus/Cancer transit last occurred from June 17 – July 11 in 2024, mostly during Cancer season. The market experienced a solid 2.8% gain in the S&P 500 during this transit, in a seasonably strong period. Be a bit cautious on this occasion, as it occurs mainly in Leo season.
As we have discussed in the past, the themes of many transits and aspects tend to repeat themselves, and the energies can be felt for some time before the actual date of an event, and for a period after. As we also noted in our 7-20-24 blog, Venus (and Mercury) are associated more with swing-trading than longer-term investing, as they quickly move through signs. Venus will also be forming additional aspects in the next couple of weeks, including squares with both Neptune (mystery, confusion) and Saturn (challenge and restriction), which also suggest caution.
The general belief among financial astrologers is that the combination of these Venus signifiers will likely bring back some volatility in the equity markets. The markets may cool in some categories like Stock Market Momentum and Breadth, (which measures the number of stocks advancing vs the number of stocks declining) in the S&P 500. For quite some time the market has been carried by stocks known as the “Magnificent Seven,” though they have broadened in recent weeks. Sectors to focus on during this period continue to be real estate, commodities, cryptocurrency, and bonds, should expected interest rate cuts begin. Cryptocurrencies are of special interest during this time frame. Look for a potential “breakout,” should current technical resistance lines be breached.
As always, you can visit the website www.Astrophiliaastrology.com for a FREE birth chart, and book a personal reading, for you or your business, with experienced astrologer Ophilia Luna, at a very reasonable price.
***This information is not intended to be financial advice, but rather a guide to assist the reader in some further understanding of movements in the sky, and how they can correlate with moods, behaviors, world events, and financial markets.
