Guest guest Posted May 1, 2008 Report Share Posted May 1, 2008 Dear friends, 's prediction for conditions in share markets to improve with the exit of Mars from Gemini and the 12th house of the SAMVA USA chart has been proved correct. US Market Closed - May 1, 2008 DJIA 13010 189.87 1.48% NASDAQ 2480.71 67.91 2.81% S & P 1409.34 23.75 1.71% My concern about a short lived volatlity due to the opposition aspect of transit 6th lord Jupiter at 28° 00' Sagittarius and 6th house to transit 10th lord Mars at around 28° 00' Gemini and the 12th house was shown to be slightly exaggerated. The aspect peaked in the morning of April 24th. The stock market was slightly lower on 22 and 23 April but then recovered slightly by the close on the 24th. The reason this aspect likely had less impact is that it was not strongly affecting natal placements and was rather fleeting. Best wishes, Thor U.S. Stocks Climb, Led by Shares of Banks, Technology Companies By Eric Martin May 1 (Bloomberg) -- U.S. stocks rose to the highest level since January as a rally in the dollar and better-than-estimated technology earnings prompted investors to shun commodities and shift into shares of banks, retailers and computer companies. Bank of America Corp., JPMorgan Chase & Co. and Citigroup Inc. led financial stocks to a two-month high as the dollar advanced 1.1 percent against the euro on speculation the Federal Reserve is done cutting interest rates. Symantec Corp. surged the most in six years after the world's biggest maker of security software said fourth-quarter profit tripled. Comcast Corp. posted its steepest rise since 2002 after adding new Internet-access rs. The Standard & Poor's 500 Index jumped 23.73 points, or 1.7 percent, to 1,409.32, its first close above 1,400 since Jan. 14. The Dow Jones Industrial Average added 189.87, or 1.5 percent, to 13,010, the first close above 13,000 since Jan. 3. The Nasdaq Composite Index increased 67.91, or 2.8 percent, to 2,480.71. Three stocks advanced for each that fell on the New York Stock Exchange. ``There's a lot of money in the short-dollar, long- commodity trade and it doesn't take much to whipsaw back,'' said Jon Fisher, a Minneapolis-based portfolio manager at Fifth Third Asset Management, which oversees about $22 billion. ``That money's got to rotate somewhere else, and today it's rotating into technology and financials, two laggard sectors this year.'' Dollar Rally The dollar advanced to a five-week high against the euro and increased versus the Japanese, Swiss, British and other currencies a day after the Fed cut its benchmark rate by a quarter point to 2 percent and signaled that if may be finished its easing campaign. All 10 industry groups in the S & P 500 rose today except for energy and commodity producers as a better- than-forecast report on manufacturing also lifted stocks. The Dow average pared its yearly decline to 1.9 percent and the S & P 500 reduced its 2008 loss to 4 percent. The S & P 500 yesterday completed its biggest monthly gain sine 2003, climbing 4.8 percent in April, as results from Google Inc. to Intel Corp. to Boeing Co. and American Express Co. eased concern profits will deteriorate. To contact the reporter on this story: Eric Martin in New York at emartin21. Be a better friend, newshound, and know-it-all with Mobile. Try it now. Quote Link to comment Share on other sites More sharing options...
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