ASTRO-FINANCE FOR JANUARY 2024
By Barry Rosen
Most of you feel left out if you missed the stock market rally since the Oct. 27th low and you are not alone. We were very wrong and the 4th quarter rally surprised many. It was not broad-based so if some of your stocks did not participate, you are not alone in being frustrated.
Still, the market is too overbought to chase and very close to topping by Jan. 14th. The Jupiter trine to Mars between Aries and Sagittarius will create a great yoga with Mars in Jupiter’s sign and usually, that combination is good for increasing risk-taking. The 8th house aspect of Venus in Scorpio to Uranus in Aries is exact into Jan. 14th is also friendly but thereafter things get messier.
The first week of January has not started great with Mercury, the significator for stocks in Pisces Navamsha in the Gandanta of Scorpio where it is weak. That should create a setback into Jan. 5th and then there will be one final push higher.
Patterns on the stock market now suggest that 4918 on the S & P Cash could come in before a 500-point correction into late Feb. toward 4415 max. The Mercury conjunction to Saturn to Aquarius and Sun conjuction to Saturn on Feb. 28th could mark the low. Seasonally March is not a good month for stocks but the rhythms are different this year. If the market is lower into late Feb, it could bounce into mid-March and eventually be higher into late April.
Patterns on the stock market could take it to S & P 5215 and we have been watching the Mars conjunct Neptune point into April 29th which can create wild speculation and acceleration.
When we look at long-term stock market patterns, if the S & P gets to 5200-5400, it would complete a very large pattern off of the 1932 low and also pattern completions off of the 2009 low and the 2020 lows. That would usher in a multiple-year bear market which would first take the stock market to 2500 and eventually to 1000 on the S&P with a potential cycle low into 2028-2030 when Saturn is in Aries.
We sense a world debt crisis coming and debt problems for the US. The debt ceiling is again up for manipulation into Jan. 19th and they are not budging on aid to Ukraine.
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 by March and peak in May and June. We cannot rule out crude going to 6000 a barrel this winter given the technical way it has been acting.
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 final push up first quarter of 2024, it looks downhill until 2028-30 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. For now, it looks good.
TESLA put in a top into late in the year and it could do a secondary high by Jan. 14th if it did we would take profits as it should fall into late Feb with a first fall to 228 and then to 205. The market is unlikely to take out 196 on its Feb. swoon but we are not clear on where it would go into the late April high. The reality of the problems of EVs is becoming clear to the public. If you can charge them at home and take your electric bill to the roof, you are ok but if you go on the road at best you need an hour to charge them and often you can encounter long lines and sometimes have to wait 10 hours. The reality of EVs being shoved down our throats and the con game involved is clearer. Yes, they are wonderful and help the environment but gas or coal may still need to be burned to allow your plug-in. Waiting for the Solar panel adapter version? If you own a Tesla in a cold winter state, you know how quickly the batteries lose their charges. Nice dream but we are not there yet.
Our gold forecast has been correct and the market usually likes January with Sun in Sagittarius and this year Mars in Sagittarius and is trined by Jupiter in Aries exactly into Jan. 12th. We had hopes for seeing 2250-2300 in January but that could be the May high and 1950-1930 will not come out during a fall in Feb.
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 for when your cash will be worth less.
You can play gold with ETFs like GLD and GDX (Gold Miners) and we cover them in our newsletter and watch entries into December. GDX has been disappointing and maybe a buy at 2820 later in the winter.
We have a gold cycle higher into 2024 and 2025 for now. Gold could accelerate in a crisis to 2500 into the year 2025. Stay on top of our daily forecasts with Fortucast.com newsletters.
We had been looking for cycle highs into the first week of January. Bitcoin likes Mercury/Jupiter signatures and trines and Mercury in Sagittarius is helpful. Mercury gets trined a 3rd time exactly into Jan. 19th and that will continue to be a support. We had thought 48558 or 50555 for a high this month. We still have to complete work on the rest of the year but the long-term Dashas suggest higher prices for a few more years unless the SEC does not like the competition.
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 Jan. 2, 2024. 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.