October Astro-Finance: Change of Trends with Mercury Observable – Applied Vedic Astrology
October 2022. Astro-Finance for
by Barry Rosen
General Economic Insights:
Seasonally, players arrive in early October and buy stocks as the proverb says buy in October and sell in May. I suspect that the Sun in Virgo, which is associated with Mercury and the stocks of stocks, supports this seasonal buying. This year due to a lot of selling conditions in the stock market it may work for 2-3 weeks but so far not looking down for the stocks.
As we move into early October, many of the trends will pause and reverse for a few weeks. The dollar which is rising against the pound and the euro and the yen will stop and retreat. The rally in the dollar is making overseas travel to Europe and the UK much cheaper than we have seen in the past few years, while the pound hit a low of 103.00 against the dollar last week. Pound is very attached to Leo and the Sun and once again the Sun moves into Libra on October 17thth, the pound will be in trouble again. We are forecasting 9100 on the pound next year. The Bank of England had to save the pound by offering quantitative easing that would otherwise take a toll on many of their pension programs. The euro is due to boom but their energy policy, lack of planning around green energy, support for NATO and Ukraine, and rising rates will lead to a major crisis next year and the euro could drop to the $50 level. Will shock the world and cause trouble.
US rates rose .75 bps on Sept. 21scheduled tribe The next meeting to increase the rates will be on November 2Ra It rules over interest rates and loans during debilitation of Sun and retrograde of Mars. Rates are expected to continue to rise with the FOMC forecasting them to be 1. can’t stop tillscheduled tribe The 2023 quarter at 4.4%.
Concerns over higher rates may ease in the first few weeks of October and will lead to a correction in the stock market. Consumer price index to end on October 13th And inflation should show a decline as gasoline and energy prices have been falling since the June high and crude oil futures projected at least the first few weeks of October and at least 7220. Gasoline prices fall seasonally in November as driving demand eases anyway.
Venus is in Virgo, where it is falling, will remain until October 18th, Venus expands the prices and when it is weak, buying becomes less and the prices fall. The CRB index, which measures 15 commodities ranging from copper to cereals to energy, has been declining since June and should continue in decline and that should moderate inflation as well. Still, as Jupiter goes straight on November 23third And as Neptune strengthens in Pisces next year, inflation will return strongly in April 2024.
Share Market:
The stock market will often change for a few days within Mercury Direct, which takes place on October 2.Ra 4:04 p.m. EDT. The stock is badly beaten and is likely to recover at least in a few weeks and probably by October 18th,
We think it’s a dead cat boom and don’t see stocks done with their correction until next year. Like 1973-75, 1980-2, 2000-03 and 2008-2010, most stock market declines last for 2-3 years. Stock market dasha down in November 2023 and in October 2023 suggest some planetary tensions similar to what we saw in October 1987 when Jupiter in Aries opposed Sun, Mercury and Venus in Libra (air signs) for October 1987 was. crash.
Still, we are thinking that by the end of the year the S&P 500 will reach at least 3250 and with a potential NATO/Russia conflict in January only a glitch in Europe, European money could run quickly into the US stock market. Is. First recovery allowed in the first half of the year and year.
Sleep: Despite the Sun being in Leo, gold has failed miserably. It might bounce a little at the end. It is heavily sold and is due for a modest recovery in Oct 18th But should still be lower at the end of the year and estimate at 1500 or 1425 per ounce. Due to the existence of paper gold in the form of options and inverse funds, banks have been able to manipulate gold for the past 10 years and, despite losing numerous lawsuits and fined billions of dollars, they seem to continue to do so. There is a cycle high for gold in March 2023, but not sure what will develop.
CYPTOS: Bitcoin hasn’t done much given the strong rally among everything else. The shine is lost. With the NQ 100 low for a few weeks, Bitcoin may finally recover for another 3 weeks. We have a launch on bitcoin until October 3rdthird at 17779. We are in a time window for one cycle less. Bitcoin Responds Directly to Wed on October 2nd
22000 is needed to see the quick low and we are in a time window this week for that to happen. it could be minor at the end 4th The wave bounces off at 22500-22650 and if that happens it could be mid-October. There are some cycle highs in November and the best may be 13330. we would like to see more Worth less. We can be more sure when we are clear on the NQ pattern.
We will go back thinking that this market may go lower in late September or October, even where the NQ may need to go. We expect a strong rally here, but this market is troubled and not sure if this is a safe and reliable flight for a quality vehicle as once thought. Who takes bitcoins at the supermarket or gas station or to pay your utility bills? The recovery cycle is in April 17thth And 62% will go back to 47500 for a retracement and that is if the regulators don’t continue to destroy the crypto. They do not want anyone other than them to control the monetary system. Three or four cryptos have gone bankrupt and the war against Ripple and XRP continues with legal litigation.
Tech Stock: NASDAQ 100 hit 11000 last week and may still go down a bit but should reverse with Mercury station and take direct action by Oct 3.third, The 2-3 week rally with Mercury in Virgo may look strong, but it should be another fake-out and we expect new lows in late fall. Those who are suffering from overbought positions cannot be done with their pain as we mentioned bear markets usually last a few years.
As always, this is my snapshot view for September 30, 2022. New information comes daily. If you are a trader or investor, consider my Fortucast newsletters which are delivered daily at www.fortucast.com. A trial subscription is 97.00/month.
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