ASTRO-FINANCE FOR JUNE 16, 2023
A Pause for the Stock Market?
By Barry Rosen
GEO-POLITICAL CONCERNS :
This year has always looked better than 2024. We have been looking at the US Pluto return into May/June 2024 for a while and it tends to cause big shifts in a super-power. Rome and the United Kingdom were not the same after the Pluto returns. Juliana Swanson did a long presentation in Dallas last week and she noted that changes in all these superpowers occurred to waging expensive wars, corruption, over-spending, and loss of moral and ethical standards. Any surprises here? The April 8th Solar Eclipse in 2024 makes X across the US and is very powerful because it occurs during the day. It appears to be another huge omen. (https://astralharmony.substack.com/)
The feeding of the military-industrial complex continues with billions of dollars as money pours into Ukraine but their history of corruption has us wondering where is all the money going. There are no victors in war and just too many victims. Private figures suggest over 300,000 deaths on the Ukrainian side. Zelensky wants the war to spill over into Europe and NATO is also a war-monger and we think it has a good chance of happening into the summer of 2024 as no one seems to want to talk peace. Where are diplomats when we need them?
I do know that there are powers of good trying to shift the energy of the world out of war and power games and totalitarian control. Do your part by meditating and contributing to the growth of world consciousness.
GENERAL ECONOMIC INSIGHTS:
The Jupiter/Rahu conjunction continues to push the tech bubble and AI craze to the moon. We do not see it ending until early September with Jupiter approaching Uranus toward the end of Aries. The media is calling for a new bull market but the 20% figure has always been rather arbitrary. As we go into the Saturn Retrograde on June 17th and the exact sextile of Saturn to Jupiter on June 19th, the movement should temporarily stop. We doubt that the S&P 500 cash index will take out 4480 even if there is a final parabolic flourish.
I rarely see the stock market higher in the last few weeks of June and that is often because the Sun goes into Ardra nakshatra (Gemini 6.40-20.00) between June 22-July 5th. Ardra is known for creating tears and suffering the Sun and Rahu are big enemies. Not sure what fundamentally will knock the market down but not sure it will be that dramatic with the larger move of Jupiter approaching Uranus into early September. For now, we are looking for a pullback into the Mars/Saturn opposition into the week of July 17th.
The stock market usually does not like the Mars/Saturn opposition which is between Leo and Aquarius into July 20th as Mercury goes retrograde into July 22nd in Leo. The week of June 17-21st could be some cycle low for a correction from the June high.
With Jupiter’s proximity to Uranus peaking with the Jupiter station into Sept 4th, there will be some kind of high on the year for stocks into that window. We are not thinking that it will be that dramatic unless the banking crisis emerges again as a fall-out hangover from the Jupiter/Rahu conjunction which produced the last one in 2007-2008.
The lag time has been there in the past for stocks crash as the first reaction is that the FOMC will ease rates and the market is always buying 6 months ahead but the reality of recessionary action will hit and earnings will be down. We have been looking for a difficult time for US stocks in September/October/November. This is also coinciding with the 12-year cycle of Jupiter in Aries when in Sept. 2011, stocks made a high and then fall into May of 2012.
The problem for the fall is Jupiter will be opposing the debilitated Sun and Mars in Libra with Mercury in the fall of 2023 and that is similar to the oppositions we had between the bearish signs of Aries and Libra, two air signs, which caused more rapid stock market declines. In Oct. 1987, we had something very similar and hence there is more crash energy in the fall of this year.
The context for a major financial crisis continues to be there this fall as the house of cards of world debt, endless war expenditures are not going to come to a pretty and neat end.
At publication, banks are drawing heavily on the FED’s emergency funding window. On the horizon for a new crisis is the banking situation which we warned is in trouble in July. Most notably, the US central bank had $106 billion of loans outstanding to financial institutions through its two backstop lending facilities, up $2.26 billion from last week…With banks’ usage of The Fed’s emergency Bank Term Funding Program rising once again to a new record at $102 billion (up $1.8 billion from last week)
We had mentioned that the banking crisis would not go away. We are at the Jupiter/Rahu conjunction, which is a signature for bankruptcy, and it happens in the True Node system on June 2nd, and a bit earlier in the Mean Node system. We saw a banking crisis in 2007-8 when Jupiter and Rahu were conjunct in Capricorn. Its impact will be felt within 3 degrees by mid-May. Have we learned our lessons? Stock market cycles seem lower from mid-June to mid-July and thinking that the budget crisis and the banking crisis will not get well as the debt ceiling comes to a head.
Gold has failed to launch and will more likely do so in the fall and winter with a more extended financial crisis unless the banking crisis comes earlier.
Larger cycle highs for gold are due in Sept. as it is gold like the Sun in Leo and Jupiter will be trining it and we have another cycle high in early November with Venus trining Pluto into Nov. 6th as I find Venus/Pluto aspects are often connected to gold highs. We have seen banks trash gold by selling futures for years and are not sure they will stop and a break of 1890 on gold would lead to 1800. It is not out of the question as the banks continue to manipulate. We do think gold will have its day from the fall of 2023 into the spring of 2024.
We have a gold cycle higher into 2024 for now. Gold could accelerate in a crisis to 2245 and then 2450 into the year 2024. Stay on top of our daily forecasts with Fortucast.com newsletters.
CRYPTOS: Bitcoin has been falling for a month and put in a reversal signal into April 20th just around the Jupiter opposition to natal Mercury at 29 Virgo in the Bitcoin chart. We think it will be vulnerable still as SEC tries to regulate cryptos out of existence as indicated by the SEC filings against COIN and continues to file against other major players. I do not trust cryptos because they are not regulated and we have seen so much abuse with the last scandal with Bankman-Fried and the FTX scandal which gets uglier and uglier when you look at the details. They may have more of a chance during the fall financial crisis if the SEC cannot put them out of business sooner.
Remember to work with your broker. Trading and investing have to be done both technically and astrology can help but should not be the only factor in making a decision. You have to buy low and sell high.
As always, this is my snapshot thought for June 15, 2023. New information comes in daily. If you are a trader or investor, consider my Fortucast newsletters which are published daily at www.fortucast.com. A trial subscription is 97.00/month. If you want to learn financial astrology visit my website at
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ABOUT BARRY ROSEN: Barry Rosen has been been teaching classes in Investment Astrology since 1990 and began teaching the other aspects of Vedic astrology specialized courses online in 2017, including Dashas, Transits, Personal Finance, Health, Longevity and Death, Nakshatras, The Spiritual Dimensions of Vedic Astrology, Secrets of the Houses, Relationships and many more. In his consultations, he focuses more on the emotional and mental patterns in the chart and their impact on consciousness which can create waves of illusion blocking you. A good consultation should help you witness the play of karma so that you are not gripped by it; you can transcend it and realize your Divinity, becoming the commander of the planets and not the victim. Barry Rosen also operates a blog on Facebook under Barry Rosen and also Astro-Yoga and his professional astrological website is www.appliedvedicastrology.com. He can be reached at firstname.lastname@example.org.