By Karen Starich

I like this company for various reasons but primarily for the platform the company has built, after the acquisition of Paypal in 2002, to enable enthusiastic individuals and small businesses the opportunity to use their powerful online platform to engage in commerce nationally or internationally with no more than an email address.  In the true spirit of capitalism, individuals or businesses can on any given day, market their products or services through an auction style, or fixed price trading, to millions of potential customers worldwide.  Whether you live in Bozeman Montana or Sydney Australia – all you need is an email address.

A look at the astrology for the company shows some promise of expansion in the near term.  The company is due to report earnings on July 18th which lines up with a very fortunate Mars and Jupiter trine to Uranus ( the planet of sudden financial gains) on the cusp of the 4th house, which rules the outcome of business earnings.  The potential strength from the earnings report could carry into August despite a general market turn down.

I like a long position on a pullback near $39.

The following is by Karen Starich, who uses astrology to forecast events in the financial markets. Astrology Traders provides specific dates and in-depth analysis of future events for the financial markets through weekly updates, trade alerts, and educational webinars.

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11 Responses to “Financial Astrology: EBAY Ready to Blast Off?”

  1. J.Dostigan Says:

    I like this idea, but earnings risk always makes me nervous. From what little I have read on it lately, it does seem that earnings risk is largely mitigated by strength of business.

  2. Karen Starich Says:

    J.D

    Mars will 75% of the time move the stock price higher when transiting the Sun sign of a chart. On earnings Mars is transiting the Sun sign and with Jupiter making a grand trine to Uranus. could be very explosive.

  3. Mariar Rinehart Says:

    Karen, thank you for clarification with the astro. I had not noted the link to the twitter post. That is an interesting stat concerning Mars.

    Mercury Rx will trigger Ebay’s moon in Scorpio.

    On another note, I am wondering if we the dollar breaks out above $84.00 that Ebay will not be exposed given it’s global presence. Either way, it will be one to watch.

  4. jeff pierce Says:

    the one thing that EBAY has going for with earnings coming up is last report traders responded favorably too. therefore the odds are that the trend will continue. it’s rare to find a reaction of the magnitude as the last report only to have a bad report follow it. at least that is my experience.

    I’m currently long and the best case scenario for me is a pre earnings run up – take 1/2 off the table – let rest ride thru earnings. that’s my strategy.

  5. J.Dostigan Says:

    Jeff: I like your strategy – ride into earnings and take some off. I would love to get it near 40, but I doubt I will..
    Karen: Explosive move upwards would be great – thank you for responding.

  6. J.Dostigan Says:

    Clearly I was wrong about not getting 40 before earnings .. EBAY looks like 38-38.5 entry now. Probably safe to start picking at it now.

  7. Queequeg Says:

    I would mind that gap at $36. The stock may want to close that before shooting higher. That may happen with the turmoil I think will come next week. The stock could rise after earnings.

  8. Bobbi Klebenow Says:

    Karen,

    Nice job on the Ebay pick. Lets do that again soon.

  9. Kate silas Says:

    Karen very nice call don’t understand how anyone doubts this stuff :) agree.. Next :)

  10. Karen Starich Says:

    Glad everyone got a great trade!

  11. jeff pierce Says:

    these great trades don’t grow on trees!

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