May 2024 ASTRO Finance
The world didn’t end on the day of the solar eclipse, but it did inject energy into the next six months.An important date to watch is the conjunction of Mars and the eclipse point on May 26th.It occurs too close to the Mars/Rahu conjunction, which peaks around May 18th The True Node system and Mars won’t be out of danger until May 1Yingshi When it enters Aries. Mars/Rahu is the sign of violence, terrorism and riots, hopefully nothing major will happen in May, but you can see things boiling over on college campuses, it’s always hot in the Middle East.
Jupiter officially enters Taurus on May 1stYingshi. I find Jupiter in a Venus-ruled sign supports liberal values, but the problem is that Jupiter’s judgment is off-balance and the naive perspective forgets practical solutions.
Taurus is associated with finances and food. Jupiter is in Taurus starting in early May and will find creative solutions to banking and food problems, but it is in an enemy sign and Jupiter in Taurus is naive and does not have good judgment. If we had a banking crisis, it would be different than 1932 and the Great Depression in that we could create fake electronic money out of thin air, but who would continue to fund the American debt and our wars? Can the U.S. bond market survive? We can’t help but think that $35 trillion in U.S. debt is going to start causing problems. Dominate. Trillions of dollars of debt creation around the world can only be managed through economic resets, and CBDC central banker advocates know how to rein you in during a crisis. We’ve heard through the grapevine that they hope to launch the program in early 2025, but Europe is way ahead on this front.
The stock market did send a sell signal in April, and the tone in today’s FOMC statement was temporarily dovish but cautious. Upcoming economic data does not support a rate cut, and seasonally speaking, May is the month for rising interest rates.Inflation cycle continues with Jupiter/Venus conjunction until May 23RD This usually results in rising prices, and Mars and Neptune in the expansion sign of Pisces will not reduce inflation. The only hope for lower rates is that the Fed must avoid a crisis because banks can’t get rid of all the old bonds they bought at lower rates, and any rise in rates would push them to the brink of more bank failures. We just had one in Philadelphia this weekend. Tea readers only expect one interest rate cut in September.
This is not a normal year, as another election chaos is on the horizon. We are not over the banking crisis of last March and neither is oil inflation as tensions in the Middle East and the Red Sea will push oil prices to 9100 and 9700 on summer demand. Any new tensions in the world will push oil prices to 106 or 112 per barrel depending on the model. At present, oil prices may remain above 7650.
As of press time, Israel and Hamas are trying to make peace, but even if peace is achieved, the peak oil and gasoline demand season will continue to support crude oil futures. This spring we could easily see oil hitting 9100, maybe 9700 and eventually 112.00. We do think oil prices will eventually return to 126. Jupiter in Taurus has supported higher oil prices in the past, and the oil cycle suggests higher oil prices in 2025.
stock market:
The stock market pattern has seen a major top, and as the saying goes “sell in May, the market is seasonally lower from May to October.” When we look at the long-term stock market pattern, it appears to have completed a very large pattern since the 1932 low, and also completed a pattern since the 2009 low and the 2020 low. , this year, the S&P Cash 500 Index will first push the stock market to 3800-3500 points, and eventually push the S&P Index to 2200 points and 1000 points, and may have a cycle low in 2028-2030 when Saturn is in Aries. Unfortunately, high taxes and a Marxist agenda do not support entrepreneurial energy and innovation.
Technology stocks issued a sell signal in April, and large-cap stocks have fallen apart, with only Google and Microsoft seeing modest gains. Tech stocks are at their lows in August, and they’re likely to give back all the gains they’ve made over the past year and a half. Even if there is a rebound on May 3, NQ 100 futures will not break above 18,080 againRD.
Tesla ranked it highest at the end of 2023, back to 195 at the time of publication, hoping that autonomous driving in China would take off. However, when the rest of the market falls, the price will fall to 129.00 and 100.00. Cheers, in our opinion, as the reality of electric vehicles sets in with winter stalls, limited battery charging, shorter driving ranges and charging times. If you’re lucky enough to have one and charge it in your garage, I’m not sure you’ll be happy with your electric bill. The reality of electric cars being shoved down our throats – and the scams involved – is clearer. China is the big winner in all this, as is the case with the solar panel movement, with over 60% of solar technology coming from China.
Gold:
Gold bottomed at 2291 on May 1Yingshi After touching 2449 a few weeks ago, Venus squared Pluto. We expect it to hold 2291 points. We believe the gold rush is not over yet and we should see 2536 next year and possibly 2800 next year. The gold cycle high will come in June and July as stocks fall.
You can play with gold using ETFs such as GLD and GDX (Gold Miners), which we cover in our newsletter and keep an eye out for December’s entry.
Currently, our golden cycle will last until 2024 and 2025. By 2025, the price of gold may accelerate to 2800 points in the crisis, and the final price is expected to be even higher. Get our daily forecasts with the Fortucast.com newsletter.
cryptocurrency:
Bitcoin is closely associated with Mercury and Ketu. Mercury in Pisces doesn’t suit it well, and the weekly chart pattern suggests it may be difficult to break through 75,000 immediately, but a breakout of 55,000 is unlikely. . In the long run it is good and so are the Dashas.
Fund managers expect the number of Bitcoins to hit 200,000,000 next year, but we’ve seen these crazy claims before. Nonetheless, our larger cycle will continue until 2026.
With the right Adhana Vimshottari Dasha, Bitcoin is in a Jupiter/Rahu cycle from August 2023 to 2026, and it will likely weather the storm for a while.
Remember to work with your agent. Trading and investing must be done technically and astrology can help but should not be the only factor in making a decision. You have to buy low and sell high.
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As usual, here are my snapshot thoughts for May 1, 2024. If you are a trader or investor, please consider my Fortucast newsletter which I publish daily at www.fortucast.com. Trial subscription costs 97.00/month. If you want to learn financial astrology, please visit my website www.appliedvedicastrology.com and click on the financial astrology link.
About Barry Rosen: Barry Rosen has been teaching investment astrology courses since 1990 and in 2017 began teaching online professional courses on other aspects of Vedic astrology, including Dashas, transits, personal finance, health, and longevity and Death, Nakshatras, Spiritual Dimension Vedic Astrology, House Secrets, Relationships and more. In his consultations, he focuses more on the emotional and psychological patterns in the chart and their impact on consciousness, which may create waves of hallucinations that hold you back. A good counseling session should help you witness the workings of karma so that you are not bound by it; you can transcend it and realize your divinity, becoming a commander of the planet rather than a victim. Barry Rosen also runs a blog on Facebook under the name Barry Rosen and Astro-Yoga, and his professional astrology website is www.appliedvedicastrology.com. You can contact him at support@appliedvedicastrology.com.