ASTRO-FINANCE FOR NOVEMBER 2023
The Mars/Ketu conjunction brought us the Israeli/Gaza conflict and anxiety has increased in the US. So what’s next? Those of you fearing a World War can put off your anxiety. Luckily these world chess matches take a long time and China and Russia are Grand Masters and they have a long-term plan.
The troubling period is into the Summer of 2030 when Saturn goes into Rohini (Taurus 10-23.20) kicks in the 30-year cycle known as Rohini Sakata Vedha which the ancients see as a more disastrous time if certain other conditions are operating. The last time this happened we had 9/11 and the start of the war with Iraq. That is a most crucial period for the world but it is not dire. There are spiritual masters around the globe working on shifting the world’s karma and raising consciousness to usher in a spiritual age.
Still, November does not look like a picnic with several difficult aspects to Mars as it is conjunct the Sun into Nov. 18th and squared by Saturn from Aquarius into Nov. 25th and Saturn is squaring the Sun into Nov. 23rd. The nodes are changing with Rahu going into Pisces on Oct. 30th in the Mean Node system and Nov. 28th in the True node system and we have written about this the past few months.
Mars governs debt and we are approaching another government shutdown into Nov. 15th as Mars and the Sun move into conjunction at zero Scorpio on Nov. 16th. Western Astrology like this conjunction as it is called Cazimi and it spirtualized Mars as he moves into the Heart of the Sun but not sure that outer world events like war and violence are tamed with this conjunct. We do not like to have strong malefics like Mars is in Scorpio Nov. 16-Dec. 27th and then into Sagittarius Dec. 27-Feb. 5th which is the only sign of the zodiac connected to war with the archer symbol. Hence I am not sure the war situation will lighten up until at least late January.
We sense a world debt crisis coming and debt problems for the US.
Here are a few key factors:
Uncle Sam has a big bill to pay. The combination of significant borrowing during the pandemic, together with the rise in interest rates means that debt interest payments have been rising fast for the US government. Annual interest payments look like they will soon hit $1 trillion, and likely rise even further as maturing debt will need to be refinanced at higher rates. Total interest payments for the US have now reached the same level as their total debt in 1980!
Inflation usually comes in waves. This is perhaps because it tends to cause issues that governments and central banks try to resolve with expansionary policies. For example, back in the 70s we had two big waves of inflation before then-Fed Chair Volker finally managed to put the inflation genie back in the bottle. With inflation dynamics looking similar to the ones we experienced in the 70s, there is a risk that inflation could make a comeback.”
( Special thanks for these thoughts to Andrew Eve of Bondvigalantes.com)
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.
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 and Mercury in Scorpio, Nov. 6-26th also are 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.
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 quarters. We do not think Bitcoin will save the world as it can easily regulate it out of existence. The US crisis into May 2024 with the Pluto return and the 2nd Solar Eclipse over the US is likely to trigger something more dire and it may mean a temporary economic collapse so that the government can take more control. How else do you solve a crisis with trillions of dollars of debt and not become Zimbabwe? War? Pandemics? It seems that government is all about power and control and not helping the people. Will new leaders rise up to change our deteriorating situation?
STOCK MARKET:
We did not get much of a bounce in the stock market in October. While we think we could get one into Nov. 9th after the FOMC meeting, the larger planetary cycles for the rest of Nov. and Dec. are not looking good.
Cash S & P at best would be starting the 2-week bounce to the max. 4337 which would be followed by a move in November to 3980-4020. The minimum cash target is more likely 4296. The larger pattern continues to point to a fall to 3230 in cash. Not clear how long that will be and geopolitical events will determine how long that will take.
The trade is expecting a pause in rate hikes and any dovish news could lead to a sharp rubber band reversal into Friday, Nov. 3rd. Cycles seem better on Wednesday, Nov. 1st for that to happen at the announcement. Patterns suggest a recovery to 4200 or 4337 and we will stay open for a two-week rally as late as Nov 9th now but we are in a war market and we are pretty clear that Nov. 10-24th is lower and we are not seeing a Turkey Rally. By the time we hit Saturn square to Mercury on Nov. 10th and move into the hard aspects of Saturn squaring the Sun and Mars into Nov. 23-25th, it does not take a rocket scientist to see some crisis happening in the US 12th house.
The cash close below 4167 now confirms a bear market which will go on for years. We had senses that it would continue into August 2024 and we have some hopes for a 1st quarter bounce in 2024. That will be contextual. If we see 3500 on the S & P cash by late Dec., will a 1st quarter bounce to 3850-3950 mean anything.? Acceleration 4th quarter could easily take us to 3500 and 3343 and 3032 would be easy targets for the 3rd quarter of next year if the market holds 3500 this year on the S & P cash.
So, you should prepare for a bear market and continue to lighten up on 1-2 week recoveries. We have adopted the bearish pattern for 3500 into late Dec and early January and we should be using rallies to exit length and get into short positions.
We should not fantasize about a wild move-up in the next few weeks as we are moving a week before FOMC and the war cycles are still messy. The war news background and rising rates have made the sellers of everyone on rallies. Buying seems dangerous except for aggressive traders.
November is troubling with the Venus debilitation in Virgo Nov. 2-26th and the Sun in debilitation in Libra until Nov. 16th and we often find the fall depressing as the leaves start coming off and winter approaches.
TESLA issued a breakdown when it went through 250. Tesla looks terrible and capitulation to 188 could happen and the market got close. The market left an upside gap at 242.00 and that may be the Nov. 9th recovery area. Key weekly chart support is at 197.00 and our projection to 150 and now 134.65 is looking real for the 4th quarter. Toyota’s CEO spoke and reminded the world that the public is catching on to the trappings and problems of EVs with long lines at charging stations and the reality that we are not saving CO2 emissions if our coal plants need to burn fossil fuels to make the charging stations work. 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 and exploit their workers and who gets rich from EVs, China.
GOLD
Gold finally took off after the Mars/Ketu conjunction and the war. Technically it finally issued a buy signal but should run out of steam when Heliocentric Mercury moves out of Sagittarius after Nov. 10th and upper targets are 2072 and max. 2130. We do see a pullback into mid-December but have not pinpointed it exactly yet. 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 cycle.
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 2245 and then 2450 into the year 2024. Stay on top of our daily forecasts with Fortucast.com newsletters.
CRYPTOS:
Bitcoin topped in 2021 at the Mars/Mercury conjunction and we just had a repeat of that on Monday, Oct 30th Until Bitcoin closes above 35800, we cannot declare a major weekly chart bottom and even if we get it, we might only see 40000.
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.
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 31, 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 support@appliedvedicastrology.com.
