ASTRO-FINANCE FOR AUGUST 2023
Stock Market or any speculation is a very risky game, and just as Astrology guide us in life, the Finance Astrology can be a life saving and a great guide for our trading and investment decision.
Astrological planets and events impact our surrounding and our lives. The price of various instruments in stock market also depend on various events and factors, which again are being influenced by the Astrological principles. Hence predicting Financial or Stock market by Astrology is a very tedious but a very important job. However looking at the confusion and unpredictability in stock market, I am trying to start writing and give possible help.
We have entered the August month of 2023 with Indian Stock Market breaking records few weeks back only, and a continuous fight amongst Energy-Commodity players.
1st let us see the astronomical events, specially the transit situation of planets.
- Venus, planet of love, beauty, luxury, material success etc is going to transit in Virgo on 7th august.
- At the same time, Sun’s transit in Venus will end on 17th August.
- Jupiter and Rahu both started transiting in Aries from April and will continue.
- Saturn is transiting in Aquarius.
Jupiter gives knowledge and Rahu signify speculation which is main activity in Stock Market. the combination of Jupiter with Rahu creates a bad Guru-chandal yog. While it makes person seek more knowledge and think over, but it creates uncertainty, gives moodiness and force impulsive actions.
The modern hype like EVs and Solar panels reducing pollution & global warming to save the world, seems more like a scam, as EVs continue to take premium price on the pride of saving the world. Yes, they are wonderful but what we miss to see is that it still takes coal and natural gas to run the turbines that power the grid that charges your EVs. Again the 60-70% of the parts for solar panels come from China and they are using tons of coal and creating more pollution and more emissions than anyone in the world they are unlikely to hear to rest of world. Of course, we need to look at alternate sources of energy but it is an illusion that we can transition away from coal and oil very quickly even though we are paying a lot in R&D and premium prices to the new above technologies.
What is coming is, the Jupiter opposing the debilitated Sun & Mars in Libra with Mercury. In Oct. 1987, we had something very similar and hence there is more crash momentum in the fall of this year.
Stock Market 2023 :
The stock market seems in a need of correction, the Mercury & Saturn tends to create a negative mindset in finance. It may only be a few weeks with a low due into August 9th and then another low into the week of August 21st . The Mars with Jupiter trine is often a key turning point and tends to support speculation by taking high risks, combining the knowledge with fear free attitude and hence it often marks key highs or lows depending on which side the sees market going.
Venus is expected to bring more inflows of money, coming to Virgo.
This time is good for Tech & AI sector, because of Jupiter with Rahu. Shares like Tesla or google will soar higher, but Tesla is overpriced so every market correction can see Tesla taking big falls. Media sector would be bullish, as much that it can go to overprice.
Nifty seems to be between 19250 to 19850 range from August to September 1st week, and S & P cash will cross 4650-4688 and see a chance of 4800 level. Again Banknifty will try to cross 45100 level but wouldn’t sustain and move around 44440 to 44830 levels.
Jupiter is going Retrograde in September 1st week, that will bring Rahu more in action and we will see more sudden movements in market due to high impulsive actions.
The last Quarter of 2023 is coinciding with the 12-year cycle of Jupiter in Aries when in Sept. 2011, stocks made a high and then fell into May 2012.
BIDEN/TRUMP:
The scandal continues to grow higher. President Biden’s chart continues to suffer from Rahu transiting over his natal moon in the 6th house of Aries. The media is even starting to turn on him and Kamala Harris has the lowest popularity for a VP in many years. Her Moon is in Aries and will also get hit by Rahu this fall and will suffer from the eclipses which will create lot of emotional hurts and depressive thoughts. Her Mercury mahadasha (Adhana Vimshottari Dasha) is connected to Rahu bringing political success in the 5th and she may well rise in politics sooner than expected.
And coming to President Trump, it seems clear that he wont get to power, though he will try various ways in a hard way. The new charges for Jan. 6th are another example of whatever it takes. He goes into a Jupiter/Ketu mahadasha from Oct 17, 2023, until Sept 2024 and Ketu has a way of frustrating material ambitions and creating setbacks and does not do well in the 4th house in his natal chart.
It seems that the candidates for 2024 have not yet emerged.
GOLD
Gold is due for another setback into the middle of August but the Sun going into Leo on August 16th often saves it and cycles look better overall into late October and November for Gold and into next year.
Larger cycle highs for gold are due in Sept. as it is gold like the Sun in Leo and Jupiter will be trining it and we have another cycle high in early November with Venus trining Pluto into Nov. 6th as I find Venus/Pluto aspects are often connected to gold highs. Gold is due for a setback for a few weeks but will finally be a key buy-in mid-August and it can be played with ETFs like GLD and GDX (Gold Miners) and we cover them in our newsletter.
We have seen banks trash gold by selling futures for years and are not sure they will stop. It is not out of the question as the banks continue to manipulate. We do think gold will have its day from the fall of 2023 into the spring of 2024.
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.
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 to make a profit.
