ASTRO-FINANCE FOR DEC. 2023
By Barry Rosen
Despite the Chicken-little fear syndrome, we are still here, and a rally in technology stocks has given the appearance that all is right with the stock market again. If you own the Magnificent Seven (Meta, Microsoft, Apple, Google, Alphabet, Amazon, or Nivida) you have seen great returns this year. The rest of the market has not participated and we are coming into another FOMC meeting on Dec. 13th.
With the stock market up since late October, the chance of it continuing into the end of the year is small as it is overbought and astrology for the 2nd half of Dec. and early January Is troubling. Mercury goes retrograde at the FOMC announcement on Dec. 13th and whatever they say, the market is likely to reverse course for a bit. Mercury governs shares of stocks and as it moves retrograde back into the Gandanta area at the end of Scorpio and conjunct Mars into Dec. 27th and stays in the vulnerable area at the end of Scorpio/early Sagittarius (Scorpio 27-Sag. 3.0) until January 7th. This will allow for a pullback on the stock market. We do not think the S & P cash will take out 4630 and pullbacks into early January should hold 4300. We are not thinking of a crash anymore and 1st quarter looks good for the stock market with Jupiter moving toward Uranus into April 20th. That aspect is usually very supportive of stock. The S & P cash should get up to 4800-4850 and NQ should make new highs. That just kicks the can down the road for problems into August/Sept. 2024 before the election.
We have the third pass of Saturn over the Natal US moon from the 1776 chart at 7 degrees of Aquarius. This is Sade Sat and usually the third pass brings major transformation. The first pass in March 2023 brought the banking crisis and 2nd pass in early Oct 2023 had the US and Russia testing their emergency warning systems. What will the 3rd pass bring? Saturn moves slowly and does not get to 8 degrees until Dec. 18th.
We survived the last budget crisis but it is up and running again for Jan. 19th as we kick the can down the road. We have not tackled the budget crisis and 1 trillion dollars of revenue is used to pay the interest on our debt. How long can that go on?
We sense a world debt crisis coming and debt problems for the US.
We do think oil will go back to 150/barrel and spike inflation into May 2024 so enjoy these cheap gas prices while you can. Seasonally gas prices bottom in November and peak in May and June.
The US is also a Sagittarius rising chart and I often find that the transits through its 12th house of Scorpio with Mars in Scorpio Nov. 16-Dec. 27th and Sun in Scorpio Nov. 16-Dec. 16th also is not helpful for the US economy as expenditures mount and debt increases and we all wonder how much longer will other countries finance the US’s debt habit to fund the military-industrial complex. If the Bond agencies do now downgrade us some more, you know someone is being paid off.
LARGER ECONOMIC MESSES:
When we put together our gold and silver forecasts our energy forecast our interest rate forecasts and a bear market for stocks, it’s not hard to predict the end of the golden years. If we manage a minor recovery first quarter of 2024, it looks downhill until 2028 with Saturn going into Aries in June 2027. The Pluto return to the US natal Pluto in May 2024 should provide a signature for the peak of the US in the world and its demise, like that of other empires like Rome and the British Empire will be due to endless wars, overspending, and corruption. The US Rahu period which continues into 2032 is marked by immigration problems, corruption, and wild swings in the markets and for those of you who are thinking the golden years are coming, you had better check with your investment banker.
Trillions of dollars of debt creation around the world can only be managed by an economic reset and the CBDC Central Banker advocates know how to take control of you amid a crisis. The good news is that the Central Banks can create money out of thin error and give you access to it electronically. The bad news is that they can control and watch how you spend that money. Some people think that even by 2024, this could manifest so keep buying those bags of silver quarter. We do not think Bitcoin will save the world as it can easily regulate it out of existence.
We were wrong about the stock market in November. We usually do not look at natal chart transits but Jupiter was retrograding over the natal Venus for weeks during the Nov. rally in the 1792 chart and that caused the expansion to happen. That natal chart aspect is waning now.
Still, the market will hold up with Jupiter trining transiting Mercury from Aries to Sagittarius which is exact into Dec. 7th and Jupiter is opposing transiting Venus between Aries and Libra into Dec. 9th. Trouble starts after Dec. 12th with the New Moon in Scorpio and the Sun moving through the Scorpio gandanta (Scorpio 27-29.59) (Dec. 14-16th) after the FOMC meeting. That transit is often troubling for the government. Not counting on too much if Christmas rally and the last week of Dec. looks bleak with Mars conjunct Mercury and Mercury retrograding back into the Scorpio gandanta area where emotional turmoil comes up.
We do see the stock market coming back starting the week of Jan. 8th as Mars is trined by Jupiter into Jan. 12th and Mercury is trined by Jupiter again into Jan. 19th.
TESLA has not recovered as well as the Megacap stocks and is unlikely to take out 255.00. We are not clear where it will be into early January but 225 is major support and major weekly chart support is at 197. We do not have projections for the first quarter but it should continue to outperform as the government continues to push the wonders of Electric vehicles which still have to be charged by coal-burning plants in many areas. Like last year when Tesla hit 100 on Jan. 6th, we may have the annual chart cycle setting up a buy. Can Tesla get to 300 into the May high? Charts would allow it but it has only a 36% chance according to computer models if we have good value into early January, we have to take a stab.
Our gold forecast was correct and Feb. futures are currently at 2066 at publication and probably will stall at 2090 and come off for a few weeks toward 1990 at least, The next push higher in January will take gold up to 2300 and gold is seasonally higher in January as the Sun moves into Sagittarius and this year Mars will be there also. Larger cycle highs for gold are due into the May 2024 inflationary high cycles. Given the state of the world’s debt, gold will continue to do well so buy those gold necklaces as Christmas gifts.
You can play gold with ETFs like GLD and GDX (Gold Miners) and we cover them in our newsletter and watch entries into December.
We have a gold cycle higher into 2024 for now. Gold could accelerate in a crisis to 2300 and then 2450 into the year 2024. Stay on top of our daily forecasts with Fortucast.com newsletters.
The trade is getting more concerned about a dollar-based world and moving into gold and Bitcoin as distrust for the dollar grows as we are not taking care of our house properlyNo new highs yet but patterns suggest 40442 and daily chart patterns suggest 42347 and 43908 into later in December.
We are not sure we will get to buy Bitcoin closer to 34500-34000 if we are patient into next week and possibly a bit longer. But given gold is due for a pullback, we should be patient. Larger cycles do point higher into late December.
Maybe we have to go back to our thoughts for a recovery to 48558 later in the year or into cycle highs due the 1st few weeks of January.
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.
STAY IN TOUCH WITH MY DAILY THINKING ABOUT THE MARKETS AND THE STARS:
As always, this is my snapshot thought for Nov. 29, 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.