JULY ASTRO-ECONOMIC OUTLOOK

ASTRO-FINANCE FOR JULY 2024

Tensions are building in the world and timing the breaking points is often difficult. Israel is ready to go into the North of Israel to take care of Hezbollah but that is much more complicated situation with Syria, Russia and Iran always in the background.   NATO is pushing for conscription in European countries and it is happening and US arm shipments to Ukraine are starting to hit directly into Russia more often.  Will China go into Taiwan sooner than later with a weak Biden Presidency? One has to worry about these things. Mars hitting natal US Mars at zero Gemini in the US 7th house of enemies has to be an ignition point for the late summer and fall.   Jupiter will hold Mars together with its conjunction into August 14th.

We have worries about the budget crisis for years and so much of this takes time to erupt but as always, it takes longer than one would think.   Chances are we will not have a stock market crash (but rather a large correction) but at some point the US will have to default on our bond debt and that will kill the dollar and create a huge economic crisis.

The deeper crisis is of course in the bond market as China has sold 53 billion dollars of our debt and are unlikely to buy more so we can use that money to bomb their ambitions toward Taiwan.   Janet Yellen’s pleas were rather rudely ignored on her recent visit.   If bonds don’t sell, than rates go up to try to sell them and that means it costs too much to service old debt. Hence at some point US bonds have to default to they can reset and they usually use the pretense of war to do so. We have a cycle high for bonds into July and then a cycle low for higher rates and lower bonds into October and we have not looked at next year closely but we think bonds are in trouble and we need a long-term investment in the ETF  TBT for higher rates at the July pullback and interest rate low.  The consensus is for one rate cut and if that happens in Dec. it may not mean much and is not going to help the housing industry. Jupiter in Taurus may prevent the banking dam from breaking but more problems will come up with Jupiter in Gemini and by 2026, the US will default on its mounting debt. Again, I think Jupiter aspecting Pluto from Taurus to Capricorn will prevent major problems this year.

The fear of war will push the stock market down but it will not be a 1987 crash but a reckoning back to support at around 3800 on the S & P futures.  Our stock market dashas  going back to its founding in 1792 suggest that the stock market could continue higher into 2026.  Of course we will get a big correction on war scares and other problems. If anything, European money will flow to the US next year if the Russian front starts moving more into Western Europe and that has happened before.  There is ten times as much government debt as corporate debt and companies have assets to liquidate and the government does not.  Stocks may still seem a safer investment then bonds.

It’s easy to get wrapped up in media fear and division and the higher forces are trying to divide this country.  Whoever wins in November, no one will accept the results and continued distrust in the stability of the US will take the dollar and bonds lower. We do not think they will give up on their AI dreams and we do have 4th quarter tech  highs. 

Inflation cycles will continue to cause problems over the next 2-4 years but recession energies will creep in also.  So think 70’s type stagflation coming.  Key stocks will ignore recession worries and there are always some of those but you have to know when to buy and you have to choose carefully.    

Longer-term cycles for the United States point to a critical juncture in the years 2030-32 with Saturn in Taurus and Rohini Nakshatra (Taurus 10-23.20) which starts in March 2031.  This year, 2024,  has been pivotal with the 248 year cycle and Pluto return and that usually is a peak of civilization cycle.  When past empires like Rome, China and the UK went through that cycle they did not perish but they fell from world power.   You cannot read the headlines or look at what is happening in the US and not see this.  

Everyone asks me about the election and I do not want to come out with predictions until the final ballot is clear.  Biden is in a Saturn period and Saturn is in the 7th House which is a maraka house for health and eventual death. He is in a Saturn/Saturn/Moon period with Saturn and the Moon in a 12 relationship and the Moon being about being in the public. I doubt he will make it on the ballot due either to failing health, public scandal or loss of support from his party.   They also seem determined to take down Trump and will they dare put him in jail at the July sentencing?  Before we predict the election, let’s see who is on the ballot.  

We have Uranus in  Taurus which last happened May 31, 1940, until March 1, 1948. Of course, that was the start of a major offense by Hitler against France and Belgium and their conquest. You cannot help but be concerned when you see many European countries starting to pass mandatory conscription for 18-year-olds in order to get ready for World War 3. The trillions of dollars of debt and government ineptitude and staying in power can only be solved by starting a war.  President Macron of France has only a 30% approval record so what else can he do with European elections looming?

Saturn goes into the US 4th house in Pisces on March 29, 2025, for 2.5 years and that should unleash the second housing crisis since 2008-9. That has been bubbling up with rising home sales, high interest rates and mortgage companies offering no money down deals and real estate agents making any deal they can to get a sale.We have the Saturn/Rahu conjunction into April 2025, and you can see the potential anxiety that will build there around housing and mortgages.

We have a first peak for gold in late July 2024 by the Sun/Pluto opposition but gold and silver prices seem strong in 2025 and will take over dominance in our financial system. 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 ofyou amid a crisis.Will they dare try to do it before the election? We hear through the grapevine that they want to roll it out in early 2025 but Europe is way ahead of the game with their plans in this direction.

STOCK MARKET:

We have been wrong about the stock market topping although there are cracks in the armor appearing. One-third of gains the week of Jun 17-21st  on the S & P was connected to NVDA and then it came off on Thursday/Friday.  Dow Jones Transportations are down 10% since the spring high.  The DOW is in the middle of a  retracement that would go to 39445 on cash and 39895 on Sept. futures.   S & P cash would be more complete at 5540 or max. 5560  and is not in trouble without a close below 5440 on cash and even then it could go to 5170 into the first week of July and come back into late July.  

NVDA is the whole market now and it projects a correction to at least 111.45 but a deeper fall to 100-1 would not be out of the question and it may be vulnerable as late as July 8th. 

We looked at cycles into the end of June and ran cycles for all of July and we are not seeing anything major to the downside in July the market could hold up even into July 26.  Mars and Jupiter will be together after June 10th and that often supports risk-taking and Mars does not go into Gemini until August 27th.    Saturn station on June 29th is often a high and the market often turns lower for a week afterward.    So at best June 27-July 5th could be lower.   The NYSE chart is Cancer rising and usually Sun, Mercury and Venus in Cancer is supportive and the Cancer transits are coming up.

We had originally looked for an August low and it is still there but without a crisis, we are not sure we can get that beared up and think only that the first fall will go to 5150 on the S & P 500 cash index and then to 4850 later in the year.  Some cycle suggest a divergent high for NQ into 4th quarter and NVDA should come back later in the year to 152 or 162.  

When we look at long-term stock market patterns, it looks like it has completed a very large pattern off 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 3800-3500 on the S&P Cash 500 this year but we see a bounce to S & P cash 4650 next year or into 2026.  Eventually the S & P cash would fall to  2200 and 1000 on the S&P with a potential cycle low into 2028-2030 when Saturn is in Aries and Taurus.  Unfortunately, higher taxes and Marxist agendas do not support entrepreneurial energies and innovation.  

GOLD and SILVER:

Gold is in correction but we do expect it to explode upward from the latest July 8-July 20-23rd.   . Silver may have the biggest upside potential and usually likes all the Cancer transits.    Gold could easily hit $ 2550 quickly into July and 2800 into next year. Silver will quickly go to 3300 but could explode to 4500 later in the year.

You can play gold with ETFs like SLV, GLD and GDX (Gold Miners) and we cover them in our newsletter and watch entries on June 5.

We have a gold cycle higher into July 2024 and then March 2025 for now. Gold could accelerate in a crisis to 2800 into the year 2025 and projects higher prices eventually. Stay on top of our daily forecasts with Fortucast.com newsletters.

CRYPTOS:

Bitcoin crashed 4000 points on Monday, July 24th  after now-defunct Bitcoin exchange Mt. Gox said it would begin distributing assets stolen from clients in a 2014 hack starting in July, after years of postponed deadlines. Bitcoin  is very connected to Mercury and Ketu, Long-term it is good and the Dashas are good. Jupiter trining Ketu exactly into July 10-11 should be supportive.  Technically Bitcoin might go to 55000-56000 first so its hard to dream of sugar-plum fairies at the moment.

Fund managers are projecting 200,000k Bitcoin on the news into next year but we have seen these wild assertions before. Still, our larger cycles are friendly into 2026. 

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 June 25, 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 support@appliedvedicastrology.com.

 

 

 

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