Venus Retrograde (part 2)
Over the years, there have been a small group of stocks (perhaps by accident, perhaps by design) that have made their IPO debuts on the market during Venus Retrograde. The odd thing is, these stocks seemingly have a memory and on subsequent Venus Retrograde events have displayed increased volatility. A classic case is that of Facebook (Nasdaq: FB) which IPO’d in May 2012 during a Venus Retrograde.
The following chart (generated in Market Analyst software) shows Facebook price action overlaid with Venus Retrograde events.
I will be watching Facebook closely during the coming Retrograde event. This could be a good buying opportunity. Keep your eye too on the coming IPO for tech concern SNAP ( a.k.a. Snapchat). It is setting up to IPO and its first trade date will be perhaps right at the start of Retrograde.