Record stock market highs could see some followthrough early, but watch for a bump in the road later.
By Susan Abbott Gidel
July 10, 2019
(All times Eastern)
Wednesday’s new record highs in both the S&P 500 and DJIA could see some follow- through on Thursday, July 11 as the Sun (leaders) and Neptune (ideals) are in an easy 120-degree aspect, exact at 12:31 am.
However, there could be a bump in the road at 2:01 pm as Mars makes a 90-degree square to Uranus. Watch for potential fallout from Fed Chair Jerome Powell’s second day of testimony before Congress then.
Following Thursday’s USDA Crop Production report, there is potential for a low in soybeans on Friday based on planetary positions at previous market lows.
Thursday’s reports include:
- 2:00 am Germany CPI
- 2:45 am France CPI
- 7:30 am Eurozone ECB Minutes
- 8:30 am US CPI
- 8:30 am US Jobless Claims
- 12:00 pm USDA Crop Production
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