ASTRO-FINANCE FOR OCT 2023
Oct is one of the more volatile and crazy months of the year. We start the month with the crazy Mars/Ketu conjunction on Oct. 4th-5th and many markets like the stock market and metals and oil have fallen into their black hole and should bounce for a few weeks out of there with some markets holding up better for longer.
In the true node system, Mars is conjunct Ketu on Oct 4th and a day later in the mean node system. It is within 3 degrees by Sept. 30th and is not 3 degrees past until Oct 8th. Irritating the situation is that Mars is changing signs and going into Libra on Oct. 3rd hence it is sandhi or weak and Ketu is also sandhi in the early degrees of Libra. What does it all mean?
This is one of the more intense events of the year particularly because Mars and Ketu aspects can trigger terrorism, violence rioting, and war. The Mars/Ketu conjunction in Sagittarius in 2001 was when the World Trade Towers went down. Luckily Jupiter is shining its grace on the complex from Aries. We still wonder if we will not get some false flag event to divert our attention from impeachment inquiries and the failure of the government to pass a budget and protect its citizens. Mars also has a 150-degree aspect onto Neptune on Oct. 5th and this can lead to episodes of deception and fraud. Be careful on the phone if something seems too good and particularly pay attention to what the media is telling you. We had heard there was a test of the emergency broadcast system scheduled for Oct. 4th and it is happening at 1:20 pm CDT on the 4th.
We then get follow-through action with the solar eclipse at 28 Virgo on Oct 14th which is visible in the United States during the day-time which always means it has a more significant impact over the coming months for problems with leadership and government. Mercury will go over the eclipse point on October 18th as it moves toward conjunct with Ketu a few days later and that will spoil the party of better communications in the first few weeks of October. Mercury is the significator for stock shares and tech stocks are usually happier with Mercury in Virgo but we think a rally in stocks in October after October 5th will be short-lived.
Pluto also goes stationary directly on Oct. 10th and this can increase power grabs and overexertion of force by the Plutocrats. It is stationing at 3.42 minutes of Capricorn and gets read to complete the Pluto return for the United States next May. At the station, it is forming a tight square to the nodes at the beginning of Aries and Libra as well as squaring Mars in transit into Oct. 9th. Political extremism, violence, and exaggerated corruption are likely to hit new heights—as if they have not already.
The bright spot for the month is Mercury in Virgo which supports business and commerce and often the stock market and Venus in Leo will support gold and help bring the US dollar down in price as was the case in July when Venus first went into Leo before going retrograde.
Saturn stays retrograde until Nov. 3rd. It is a bit softer now that it has moved into Pada 1 of Satabhishaka Nakshatra (Aquarius 6.40-20.00) which is ruled by Jupiter. Retrograde malefics like Saturn are always teaching us to bear our karmic responsibility without complaining and take responsibility for our past mistakes. Saturn retrograde is more difficult for Leo Aries and Scorpio this year with its aspects, so slow down and do not run around like a rabbit, and remember most of what you fear never happens. Still, there is an underlying nagging fear about nuclear wars, North Korea and China, and a host of other fears including the next pandemic.
The nodes are moving toward the ends of the beginning of the signs of Aries and Libra and this makes them a bit more wacky and less stable. This is also the Gandanta area where the desire for mass psychological transformation comes up. Deep subconscious fears come up to heal. The impact of this will be felt from Sept. 15-Dec. 30th when the nodes are particularly vulnerable between 29 Pisces and 1 Aries. Rahu moves into Pisces in the Mean Node system on Oct. 30th and on Nov. 30th in the True Node system. With the nodes changing signs, there is an increased craziness in the collective psychology and this will paint a shadow on fall fears as we move into Vata Season with the temperatures turning colder, leaves falling and anxiety levels climbing. Whatever is happening in world politics will seem amplified.
Eventually, Rahu will do better in Pisces in the New Year as Jupiter is the only planet that calms its wild energies and Ketu in Virgo is less happy as it is an intuitive and spiritual planet in a logical and business-orientated sign. Still, we always see big changes in the world when the nodes move into new signs.
For now, our safety lies in that 2024 is an election year and they cannot take away too many of our freedoms too early without massive protest. Will another bioweapon emerge to keep us under control again? The neocons want us to move toward war with Russia and are endless funding of Ukraine is not great for the US bank account. Will any wise leadership rise to stop us from this movement? At least for May 2024, we have Jupiter trining the Pluto return at 7 degrees Capricorn for the US chart but it does not stay long enough to rescue a pivotal year for the US and the world.
The stock market is getting oversold as we move into the first week of October and patterns suggest at least a move to 4167-4190 on the S&P 500 cash index and 14500 on NQ 100 futures. That should be complete by Oct. 6th or 8th. The first few weeks of October offer the best chance for a stock market recovery and seasonal buying often emerges in October and the exalted Mercury in Virgo may allow some to consider nibbling. We do not see that bounce last more than a few weeks into The Jupiter trine to Venus from Aries to Libra into Oct. 22. Usually the Sun in Libra starting on Oct. 17th is bad for confidence in government and it particularly gets depressing as the Sun moves into Swati Nakshatra (Libra 6.40-20) where the Sun is debilitated at 10 Libra every Oct. 28th. This is also happening into the Lunar Eclipse at 18 Aries and as Mercury is conjunct with Mars into Oct. 29th. The Pavivartana Exchange between Leo and Libra and Venus and the Sun until Nov. 2nd will cancel the worst of the debilitation this year and the aspect from Jupiter will also help so maybe not as dire and depressing as some years.
The current forecast for a Nov. rate hike on Nov. 1st is at 17%. Can this allow the stock market to rally more than the two weeks we are seeing?
We do not like the last few weeks of October for the stock market. The problem for late October is that 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. Oppositions between bearish signs like Aries and Libra lead to massive declines.
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. Still, the powers that be manage to do what they can to stay in power for the sake of the rest of us.
The market looks particularly weak in October November and December. The market may be oversold enough by early October to do a 3-week seasonal rally.
We have to go with our original work which was for a low in Dec 2023 and it could bleed over into January 2024. There are too many ugly overhanging noise factors.
- BRICS desire to destroy the dollar.
- The political and Presidential crises in America could hurt the perception of investing in the US. We sense a late October peak here.
- Geopolitical tensions with China over Taiwan have an eerie 18.5-year cycle peaking into November.
- Another eerie geopolitical cycle with North Korea peaking into November.
- The reality of the FOMC not planning on lower rates and the lessening chance for a recession.
- China’s real estate employment and growth crisis cannot be whitewashed over with Fitch issuing a warning.
November is troubling with the Venus debilitation in Virgo and the Sun in debilitation in Libra Oct. 17-Nov. 16th and we often find the fall depressing as the leaves start coming off and winter approaches.
The crisis pattern would allow a fall to S & P Cash 2726. Certainly, 3250 is very likely by the end of the 4th quarter. It is possible with the repeat of the October 1987 crash cycle into this October starting around the week of Oct. 21st.
TESLA wants to ignore the bad news and if it can get over 260, it may still have a chance to rally with tech while Mercury is in Virgo. Small chance for a new high of 325 but we think it will fail much lower. If the rest of the market falls 4th quarter, Tesla will go to 150.
This darling stock is still in dreamland as dealers have too many unsold Teslas on the lot even after a 35% price drop. Elon is forcing his competitors to lose money also. Yes, they are wonderful but no one realizes it still takes coal and natural gas to run the turbines that power the grid that charges your EVs. The illusion that EVs will save the world and global warming is another scam. The same is true of solar panels. 60-70% of the parts for solar panels come from China and they are using tons of coal and creating more pollution and more emissions than anyone in the world. Is anyone bothered by the slave labor that it takes to mine the minerals to make these batteries? China does not seem to care as they move into Africa to take control of more of these mines.
Gold continues to act like Lucy and Charlie Brown with the football in the comic strip Peanuts. At publication, the market continues its deep correction but we see it ending at the Mars/Ketu conjunction into Oct 4-5th and thinking that 1800 will hold. If we get a world crisis or crisis with the stock market it has a chance of having a huge move to 2300 if 2070 can come out.
We do have a cycle high for it into January 2024 and into May 2024.
Heliocentric Mercury in Sagittarius also supports gold from Oct. 31st into Nov. 12th. We may see a first high with Venus trining Pluto into Nov. 6th as I find Venus/Pluto aspects are often connected to gold highs. You can play gold with ETFs like GLD and GDX (Gold Miners) and we cover them in our newsletter and watch entries into Oct. 4-th.
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.
Bitcoin continues to fail. It should bottom the first week of October and could hold up into as late as Oct. 18th as Mercury hits the end of Virgo and that hits a key spot on the Bitcoin Natal Chart. (10/31/2008 11:10 am, Van Nuys, CA). Bitcoin continues to disappoint. Until Bitcoin closes above 35000, we cannot declare a major weekly chart bottom. Starting to doubt if the fall financial crisis will lead to a rally as dumping assets may be what happens given the continual push by governments to allow competition.
Have to assume it will have a strong break into the Nov. low. We had hopes for a breakout later in the year to 50000 but have doubts now.
Given weekly chart patterns projecting 21614 on Bitcoin futures for the Nov. low, not sure we will hold GBTC beyond mid-October.
We think long term they will be vulnerable still as the SEC tries to regulate cryptos out of existence as indicated by the SEC filings against COIN and other players. Still, Bitcoin is in a Jupiter/Rahu period from August 2023 into 2026 using the correct dasha of (Adhana Vimshottari Dasha) and it is likely to weather the storm for a bit.
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 Oct 3, 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 www.appliedvedicastrology.com and click on the Financial Astrology link.
ABOUT BARRY ROSEN: Barry Rosen has 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 Astro-Yoga and his professional astrological website is www.appliedvedicastrology.com. He can be reached at email@example.com.