Today was the market’s best day ever.
For the bulls, it was a welcome relief from the relentless sell-off that has brought the major market indices to the brink of bear territory.
By the closing bell, the Dow Jones Industrial Average had boomed forward by 4.98%, adding a whopping 1086.25 to finish the trading day at 22,878.41.
The S&P 500 followed suite. It gained 116.60 to end the session at 2467.70. That was a gain of 4.96% for the day.
The Russell 2000 Index matched that 4.96% bounce. It added 62.89 points to close at 1329.81.
And the market’s best day treated the NASDAQ especially well. The tech-heavy index was up 361.44 points. That represented a gain of 5.84% and a closing price of 6554.55.
The Market’s Best Day Matched Our Forecast Perfectly
Some traders, weary of the ongoing price decline of the past couple of months, may have been surprised by the rebound.
In our members-only conference call with Financial Cycles Weekly Gold-Plus Elite members on Sunday, December 16, we specifically flagged this date.
According to our cycle studies and astrological analysis, we had determined that December 26 has a 75% likelihood of bringing a higher close in stock prices.
Almost a slam dunk.
(I have to admit that I hadn’t actually anticipated that today would be the market’s best day ever. But with that 75% probability I felt quite certain that we would be seeing a rebound in stocks.)
Sharing The Forecast With Larry
When Larry Pesavento interviewed me on Monday, December 24, we talked about today as well.
I had pointed out we had just come to the end of a rare double retrograde cycle. The Venus retrograde which helped trigger the market sell-off had been followed by Mercury retrograde.
That dynamic ended Monday with Mercury’s retrograde return.
Larry said that it was remarkable to hear a bullish voice. But he also noted that the astrological charts I shared confirmed his own analysis.
You can see the entire interview replay HERE.
So there was much to celebrate today.
Not just the market’s best day ever – but a great confirmation for financial astrology, too!