ASTRO-FINANCE OCTOBER 2024
By Barry Rosen
October begins off with some rumbling however then calms down and softens into mid-month. Saturn/Ketu and Mars are conjunct within the D9 chart from September 30-October 3 build up inside anger and aggression and preventing that would explode into violence. Given the state of Russia/Ukraine and Lebanon/Israel and present diplomatic undercurrents, it appears a tense strategy to begin the month. Mars at the least will get a elevate from Jupiter as Mars entered Purnavasu nakshatra on September 30 and that at the least provides extra constructive vitality. Already Iran is threatening with missiles towards Israel and the US is sending in additional troops.
The Photo voltaic Eclipse is at 17 Virgo on October 2 and isn’t seen in North America, however it’s impacting closely South America, Chile, and Argentina. These international locations are a political mess already and are more likely to be stirred up extra. Nonetheless, photo voltaic eclipses usually result in a altering of the guard in management and does that imply Kamala could have extra issues? These days today, it’s not about who’s in energy however who counts the vote. Maduro’s shock win in Venezuela sparked big protests that led to mass arrests. These in energy don’t wish to give it up simply. Eclipses have a six-month influence, and we fear about post-election dramas in November and December and even by means of the inauguration.
On October 3, Saturn lastly strikes out of Aries navamsha and retrogrades into Pisces navamsha diminishing tensions and stress from the final two months and this goes by means of a lot of the top of the yr till December 20.
Jupiter goes stationary retrograde on October 9 in late Taurus till February 4, and this blocks advertising enlargement however can create nice constructive internal knowledge and pleasure. This could gasoline a scarcity of financial enlargement and can present up in fourth-quarter financial information by January 2025.
The bond market appears to counsel recessionary energies coming because the Federal Reserve is already pondering of 1 to 2 extra charge cuts within the fourth quarter and our projections on TLT, the ETF for decrease charges for the 20-year bond suggests a transfer to 108 even when we get a fall for one more one to 2 weeks.
Pluto goes stationary direct on October 11 at 5 levels 26 Capricorn bringing new energy and authorities overreach in Capricorn and it begins shifting again towards the US Natal Pluto into the late fall to ignite the transformation of the US with the Pluto return. Mars will oppose Pluto from Most cancers to Capricorn on November 3 rising election tensions, anger, and potential violence, and with Mars retrograde this yr beginning in December it’ll hit Pluto two extra instances.
One of the best information of the month is Jupiter’s trining the Solar from Taurus to Virgo on October 13 rising optimism and pleasure. A full Moon in late Pisces on October 17 brings an optimistic surge of affection and fullness to the troubles of early October. The earliest peak for the inventory market could possibly be round October 17 though it would cling up per week later.
Solar enters Libra on October 17 and strikes towards the precise level of debilitation into October 27. Often, the primary six days of Solar in Libra will not be troublesome as it’s in Mars’s nakshatra of Chitra and nonetheless has some energy. It’s when it goes into Swati Nakshatra on October 23 that it has its most troublesome time when despair and low shallowness must be fought with constructive self-talk and different cures. That is additionally a low for the yr for management and we appear to have an enormous drawback already with management world wide and politicians who’re corrupt and don’t make selections for the advantage of the individuals.
Mars strikes into Most cancers on October 20 and spends a very long time right here as a consequence of its retrograde motion from December 6-February 23 and it goes again into Gemini for a bit and will get again to 22 levels Gemini. It doesn’t get out of Most cancers till June 5. Mars in Most cancers just isn’t as unhealthy as individuals concern as weak malefics trigger fewer issues as Mars is sort of a declawed cat that hisses however doesn’t do a lot injury. Nonetheless, Mars governs the adrenals for everybody and ego and these get out of steadiness and lots of months of fatigue could come if you’re liable to that. I discover that many markets together with the inventory market lose vitality to maneuver ahead and find yourself in sideways congestive patterns for a very long time.
Crude oil hit a backside in September and costs look increased into June 2025 and this isn’t going to assist inflation. Chinese language stimulus will spur demand for oil and continued Center East tensions that are more likely to develop into Yemen additionally will not be a very good signal.
The x-factor is at all times the Center East and we predict that may have a longer-term influence and take crude oil as much as 112.00 subsequent yr. Jupiter in Taurus is constructive for oil.
Inflation cycles will proceed to trigger issues over the subsequent two to 4 years however recession energies will creep in additionally. Neptune in Pisces is simply too sturdy for inflation and the Center East is a powder keg and 112 oil subsequent yr just isn’t laborious to negate even when recessionary fears and realities pull oil down into September. Finally, I feel a 70’s kind stagflation is coming. Key shares will ignore recession worries and there are at all times a few of these however it’s important to know when to purchase and it’s important to select fastidiously.
Mars in Gemini till October 20 can fire up verbal preventing and now we have the Vice-Presidential debate happening October 1. Kamala has a Libra Solar which isn’t nice for management or confidence and her Mercury is Atmakarka which implies main classes round communications. No marvel she has misplaced 90% of her White Home Workers over the past three and one-half years and her press conferences are phrase salads.
We’re nonetheless not going to foretell the election as a result of it stirs up an excessive amount of division in our nation and you’ll make sure that neither aspect shall be proud of the outcomes and will probably be an extended late fall and early winter. Whoever wins in November, nobody will settle for the outcomes and continued mistrust within the stability of the US will take the greenback and bonds decrease. The greenback is about to problem a significant promote sign and has cycle lows into 2025 and 2026 and one of many large financial tales goes to be the collapse of the greenback whether or not over management, 35 trillion in money owed, or the approaching recession.
STOCK MARKET:
The market is wholesome above S & P Money 5611-5615 on pullbacks. There’s cause for short-term merchants to financial institution earnings as a pullback into the primary week of October will come.
The market is organising for a pullback and on S & P money it appears like 5605 or 5555.
Given extra free punch for November after the election and seasonal shopping for for shares in October now we have to imagine the extra prolonged higher patterns to NQ 21200 have an opportunity this fall. The pullback we’re on the lookout for might not be vital.
The money market goes to must undergo 5610 and 5590 on money to even set off a minor fall of significance and that is likely to be at most 5400.
The largest interval of weak point is September 29 into October 3 in the mean time. The market appears strongly increased into October 8-9 through the Jupiter station so the October shopping for splurge will come if there is no such thing as a technical breakdown or geopolitical occasion. We’ve got to finish detailed cycles for the remainder of the month of October however for now we’ll assume they’re pleasant into the week of October 20 at the least after which we’ll get a pre-election pause.
BIGGER PICTURE:
For positive we’re taking a look at S & P money 5860 and even money 5959 or most 6009. The market just isn’t taking place and now we have extra charge cuts coming in November and December.
The DOW Transports are sometimes a frontrunner and gave the primary promote sign for the broader market, however DOW money would look higher at 42600 and hit 42223 within the steady market on Monday evening. Dow Futures buying and selling 367 factors above money. Nonetheless, DOW futures patterns might get to 45369 if the S & P reaches as much as 6000 on money later within the yr.
We’re approaching the seasonal shopping for window in October, and we don’t see any main weak point in October till the week of October 21 even when we get a minor pullback from into October 3-4. We do not need the sign and that basically is not going to come till S & P money 5315 comes out.
LARGER PICTURE:
Macro reflections: Goldman is estimating that if Harris wins, we could have a 44% decline within the US inventory market over the subsequent few years. If Trump wins, patterns are stretched and it’s laborious to count on that the market can take out 6000. Nobody is relying on a fast consequence with seven swing states and 100,000 voters in all probability deciding the election at this level.
We’ve got famous {that a} weekly chart shut below 4950 would finish the bull market that began within the yr 1932. Even below money 5315 would begin wanting unhealthy.
GOLD and SILVER:
We’ve got been on the lookout for a peak in gold at 2690 on futures and 3303 on silver futures and each have are available. Gold futures above 2720 would spurt to 2800 after which 3025 and people higher numbers are inevitable and could possibly be sooner with tensions within the Center East. Regular cycles would counsel a pullback now.
Cycles for October are weak and infrequently we get seven-week corrections, and now we have usually seen pullbacks occur into early November so that might counsel a cycle low as late because the election. That might be in a 3-wave correction, and it appears like October 17-27 is up. We had initially postulated {that a} fall to 2440 might even occur. If the market goes to higher ranges, we might see 2480 solely. The following rally from 2440 would go to 2925 and that is likely to be right into a seasonal excessive into January. If the market could be very sturdy, it will maintain 2620 on pullbacks the primary week of October after which take off. Total we see increased costs over the approaching years and shopping for pullbacks shall be essential. Silver breaking above 3360 would challenge 3950 and 4250 shortly.
We had been on the lookout for an October pullback low that could possibly be ugly and get as little as 2440 for gold and infrequently gold just isn’t proud of Solar in Libra which begins on October 17. Longer-term outlooks for gold are good over the approaching years with the weak outlook for the greenback into 2025-2026.
You may play gold with ETFs like SLV, GLD, and GDX (Gold Miners) and we cowl them in our e-newsletter.
Gold might speed up in a disaster to 2800 into the yr 2025 and tasks increased costs ultimately. Keep on high of our each day forecasts with Fortucast.com newsletters.
CRYPTOS:
We hit the 66000 space. First help into the primary week of October is 60000. If we’re incorrect and get main acceleration, we’re taking a look at 76860. Cycle lows are due into late October however we must take it daily.
OVERALL:
Reminds one which it’s important to purchase key numbers and after we bought near 53000, that was it. We had talked about that focus on in our September forecast. Unsure on the larger image however assuming it’ll maintain into early subsequent week.
LONGER-TERM:
Finally, now we have to maneuver past our microanalysis and do not forget that the bigger cycle highs go into 2026.
EVENTUALLY:
Fund managers are projecting 200,000k Bitcoin on the information into subsequent yr however now we have seen these wild assertions earlier than. Nonetheless, our bigger cycles are pleasant into 2026. Nonetheless, our bigger cycles are pleasant into 2026 with Bitcoin in a Jupiter/Rahu interval till 2026.
Keep in mind to work along with your dealer. Buying and selling and investing must be executed each technically and astrology will help however shouldn’t be the one think about making a choice. It’s a must to purchase low and promote excessive.
STAY IN TOUCH WITH MY DAILY THINKING ABOUT THE MARKETS AND THE STARS:
As at all times, that is my snapshot although for September 30, 2024. New data is available in each day. If you’re a dealer or investor, take into account my Fortucast newsletters that are printed each day at www.fortucast.com. A trial subscription is 97.00/month. If you wish to study monetary astrology go to my web site at www.appliedvedicastrology.com and click on on the Monetary Astrology hyperlink.
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ABOUT BARRY ROSEN: Barry Rosen has been educating courses in Funding Astrology since 1990 and commenced educating the opposite points of Vedic astrology specialised programs on-line in 2017, together with Dashas, Transits, Private Finance, Well being, Longevity, and Loss of life, Nakshatras, The Non secular Dimensions of Vedic Astrology, Secrets and techniques of the Homes, Relationships and lots of extra. In his consultations, he focuses extra on the emotional and psychological patterns within the chart and their influence on consciousness which may create waves of phantasm blocking you. session ought to make it easier to witness the play of karma so that you’re not gripped by it; you may transcend it and understand your Divinity, changing into the commander of the planets and never the sufferer. Barry Rosen additionally operates a weblog on Fb below Barry Rosen and Astro-Yoga and his skilled astrological web site is www.appliedvedicastrology.com. He could be reached at help@appliedvedicastrology.com.