Tag: congress

(10 March 2021) US stocks rebounded strongly from last week's lows as Congress finally passed the $1.9 Trillion Covid stimulus bill today.  President Biden is expected to sign it into law on Friday.  This bullish outcome was not unexpected as I noted in last week's update that bullish Jupiter would likely assume a greater influence on sentiment this week.  Stocks began their rebound when Jupiter conjoined Mercury last Friday (March 5).  The market rallied further this week as Jupiter formed a 30 degree alignment with Sun and approached...