When are current corrections in metals and stocks over?

When are current corrections in metals and stocks over?
The stock market issued a more definitive minor sell signal on Thursday when the S & P cash took out 4075 and it should go at least to 3960.
We have been looking for a correction.  
NQ issued a sell signal when futures took out 12400.  
When will the next buy come in? 
Will the stock market take out the recent high? 

Gold has dumped big time with silver since after the FOMC meeting and the recovery of the dollar.
Does it have a chance for a new high or bounce?
  Is the dollar back in the saddle? 

What are the best ETF sectors to make money on during the upcoming year which is not going into the bull that the first month of January suggested?  

Stay on top of our daily updates with Fortucast Market Timers and the Fortucast ETF timer.

Financial Market Timer

For short-term traders and moderately active swing futures traders. Markets covered: S&P 500 T-notes Dollar Euro Gold Silver Crude Oil Bitcoin Futures.

Click here to view on our website
Click here to see our blog and other great products. 

Try it for one month

Game-Changer Day for Financials with Employment Data.

GAME-CHANGER DAY FOR THE FINANCIALS?

With the wild employment news this morning and the acceleration in the dollar confirming a low for a few weeks and possibly 2-3 months and the start of a rally to 105.50 and 107.00, we have to pay attention. The meltdown in metals is not done as cycle lows dominate into mid-month. How far will gold and silver retrace?

T-notes are tanking, we are confirming our time window for temporary reversals and they had been due here.   Cycle highs for rates go into April so there is plenty of room to fall with weakness a few weeks. How bad will it get?

Copper continues to sink with key support at 4.00 and then 3.93 and the technical reversal is in there. Natural gas continues to ignore arctic blasts and new lows on the charts to 2.03 still have time to come in.

How about stocks?  Can they withstand higher bonds and a higher dollar for long?  What kind of corrections are coming?  Will profit-taking hit Tesla and at what level?

Stay on top of all these major reversals with the Fortucast Financial and ETF timers.  One month trials for 97.00.

Stay on top of new entries for metals with the Fortucast Financials Timer or the Fortucast ETF timer.  A one-month trial is only 97.00.

Financial Market Timer

For short-term traders and moderately active swing futures traders. Markets covered: S&P 500 T-notes Dollar Euro Gold Silver Crude Oil Bitcoin Futures.

Click here to view on our website
Click here to see our blog and other great products. 

Try it for one month

Astro Finance

ASTRO-FINANCE FOR FEB. 2023
By Barry Rosen

GENERAL ECONOMIC INSIGHTS:
The fight over raising the debt ceiling is in the news. It should not be a partisan
issue. How many of you can take out 30 credit cards, run them up their limits
and then pay them off as interest rates go higher every month? Every household
has to live within its means and the US government should be no exception at
some point things break and we do not want to be another Zimbabwe.

The US and the rest of the world are in a huge debt crisis and businesses,
families, corporations, and countries are in financial trouble. How long can this
insanity go on? The Jupiter/Rahu conjunction is a signature for bankruptcy and
that conjunction in late May is likely to bring the deeper issues around this up to
the world. Chances are we will get through it but it will become a larger problem
in 2024.
Governments like a crisis as it allows them to take more control. The recent
inflation crisis in Venezuela with its mass migrations and authoritarianism,
corruption, and power struggles tells us where this is all heading unless we get
real with budgets and get rid of debt. Europe is also in a huge crisis as are
Japan and China. When finances collapse, institutions get overwhelmed,
infrastructure deteriorates and criminals get more empowered.

I have not had enough time to look at all the astrology for all of this but it has
been boiling and brewing for years and governments make wars to get out of
crises as was the case with World War 2 after the depression. I have a sense
that 2023 is a better year for prosperity in the first ½ of the year than 2024 but
there is a steady decline coming from the US as we move into later years in a

decade and having your gardens and greenhouses, sources of power, and being

in safe communities are things to think about.

We have several major events coming up in the next few months. Rahu moves
into Ashwini (Aries 0-13.20) which is owned by Ketu while Ketu is in Swati which
is owned by Rahu. An exchange of nakshatras is always rather complicated for
the karmic wheel and Rahu does not move out of Ashwini until Nov. 28th in the
true node system and Oct 30th in the Mean Node system.

Jupiter moves into Revati nakshatra (Pisces 16.40-29.59) Feb 24-April 21 st as it
completes its journey through Pisces. Jupiter moves toward Rahu in early
May and gets a sextile or 60-degree aspect from Saturn into June 19th. Both
these aspects should help the stock market in May and June but seasonally that

is also when stocks top out. Still, Jupiter/Rahu aspects are a signature for
bankruptcy so how it impacts certain countries will be dependent on what houses
in a country’s chart are connected to Aries.

The recession is coming next year as Jupiter moves into Aries and will be
aspected exactly 60 degrees into June 19, 2023. The stock market will initially
like a recession as it means the FED will be forced to lower rates in the 2 nd half of
the year and the market is already trading that idea.

The US dollar is in trouble as the Saudis have confirmed that they will dump the
Petrodollar agreement which goes back 50 years and has the US protecting
Saudi Arabia in return for the country requiring oil purchases in dollars. This has
made the dollar the leader in the world. The Chinese are moving in for the kill
and want a Petroyuan and it is happening. China’s Capricorn rising chart is in
a Mercury mahadasha with Mercury exalted in the 9th house and its status and
thirst for power will continue to rise this decade and they will be successful. The
dollar index projects 9620 and may bounce out of that level but not liking it at the
moment.

Looking ahead, we have to look for bargains on defense stocks and sporting
goods as Jupiter moves in Aries and will support their growth in the next year
above other sectors. We would look to buy dips at the general stock market low
which is early January. The best ETFs for Defense are ITA and XAR. ITA is a
bit overbought but XAR has some upside potential to 118-20.

Natural gas looks like it has a long-term uptrend from the late Feb. 2023 low into
the year 2025. Natural gas futures are an Aquarius rising and Saturn going back
into Aquarius for the next two years will ultimately help this market. Still, UNG,
the ETF for natural gas may fall below 8.00 and Natural gas futures may hit 2.47
or 2.223. before it starts a long move up for investment with natural gas futures
projecting 13.00 eventually and there are still shortages in the world even if the
European cold winter did not manifest this year.

Neptune's move back into Pisces on Feb. 18th and conjunct Jupiter for a few
months will rekindle a new wave of inflation. Will it come from energy with crude
needing to go back above 90.00 100.00 or will there be some new factor?
Worldwide food shortages will also fuel inflation as grain cycles are set for a
cycle high into May 2023. There are grain future ETFs like SOYB for soybeans
and CORN for corn and even cotton that will do well this year as there are
several drought cycles due to hit the Midwest this summer and only Mars in
watery nakshatras may save us a bit. BAL is the ETF for cotton.
We sense that Saturn moving into the constellation of Purvabhadrapada in April
2024 will bring reality to the dark energies of this constellation where Neptune

has been spinning illusions that government is a good friend to the people. That
constellation is connected to secret societies and dark energies.

April 2024 is a pivotal moment for the US. It is the month of another total Solar
Eclipse on April 8th, 2024, totally crossed the United States during the day, much
like the one we saw in 2017. This time the US faces a Pluto return with Pluto
returning the degree of its birth when the US is founded in 1776. Past Pluto
returns for other great civilizations like Rome did lead to a major dethroning of
power and it is clear that China wants to take over the mantle of a world leader
and that the US is sinking. Can it be saved? The US was created when Pluto
was in Abhijit Nakshatra (Capricorn 6.40-11.13) which is connected to victory and
power. The good news is the Pluto return which goes into 2024-25 may rekindle
and allow the US to overthrow many of the dark forces (including China) that
want to take the US down. There will be a crisis next year but I am more hopeful
now and Jupiter in Taurus on June 2, 2024, will be trining Pluto to give it the
power for positive transformation.

STOCK MARKET 2023:
The first six months of the year look like the stock market could recover into the
Jupiter/Rahu conjunction in Aries into late May and the Saturn sexile onto Jupiter
into Jun 19, 2023. At publication, the market is tiring and we are going into the
FOMC meeting where Powell has little reason to be more dovish even if a 25-
point hike is less than what we have been getting. The stock market is likely to
be disappointed the first few weeks of Feb. into the Saturn/Sun conjunction into
Feb. 16-17th but recover into early March as Venus goes into Pisces on Feb.
15th -March 11th.

Seasonally stocks are often down into late March and the Mercury in Pisces
debilitation is over by March 31 st. Mercury governs shares of stocks. Jupiter in
Pisces will cancel the debilitation but may not be enough to help stocks do a
secondary low in March. The stock market does not look great in April as
anxiety is up with Saturn throwing a 60-degree aspect toward Rahu in Aries at
about 6 degrees.
We are friendly for a cycle high into late May and probably into June with the Jupiter
sextile to Saturn into June 19th being key.
A rally would start from Oct /Nov. 2023 low and not sure what will save the US stock
market. If world bonds and currencies fail, the world could pour their money into the US
stock market and that could make it happen. Should be thinking 2750 on the S & P
by then? The good news is there seems to be a recovery into Dec. 2024 and
into January 2026 from there.
As always there are several X-factors as those in power want to take out Russia
to restore more US dominance in world energy. Despite what the US media is
telling you, Europe is tired of the war. While the German Defense secretary just
about came out and said the obvious about it being war, the Presidents of

Croatia and Hungary quickly came out to rebuke a declared war. The issues
there are much more complex than you hear about but it’s not good to prod the
Mother Bear. Cycles regarding the war there seem to have some huge turning
points in late April and many think that Putin may be taken out but would be
replaced by more aggressive Russian political figures. For every 60,000 missiles
that Russia can fire, Ukraine only can send 6000 back. The recent tank deal
sending about 300 tanks from Europe and the US may help but it takes time to
get them there and in the meantime, Russia will increase its offensive. One has
to wonder why US elites are willing to blow up the world over Ukraine. There are
good forces in the world that are working hard to shift consciousness in the world
and prevent calamity.

GOLD: China is buying up gold on dips as they want to eventually want to back
the Yuan with gold while the US continues to manufacture money out of thin air
and go trillions of dollars into debt. Who has more sense? Gold cycles are strong
into early March and the Venus exaltation will help after a pullback into the
Saturn/Sun conjunction in mid-Feb. We do like gold into the March 2023 cycle
high and it projects 2050 or max. 2100 but then will do a larger pullback in March
and April and may go a bit longer. Longer-term cycles are supported into
September 2023 and May 2024. Jupiter in Aries aspecting Leo, the home of gold
will be helpful after late April but we are not clear on the spring cycle low.
Longer-term patterns later in the decade suggest later in the decade gold will
rally to 2750 but getting up to 2047-53 this spring would be a minimum target.
CRYPTOS: Bitcoin has come back to life but has not taken out the key area of
25200. Aspects of the Bitcoin chart are positive into late April but we wonder if
this market can come back fully from the dead.
Expect a new Congress to legislate cryptos—which may at first appear to be a
good thing—but is more manipulation as world governments do not want
competition for their worthless printed money. We have a pullback into mid-Feb.
for cryptos and Mercury in Pisces in March 2023 is not going to be that helpful.
The reality of Bitcoin as a haven is slowly losing its luster. Who takes Bitcoin at
the supermarket or gas station or pays your utility bills without some hefty fees?
There is a recovery cycle into April 17th and that is if regulators do not continue to
destroy cryptos. Governments do not want anyone to control the monetary
system besides themselves. Three or four cryptos have gone bankrupt and the
war against Ripple and XRP continues with legal suits. The big banks, Chase
and Bank of America, and Wells Fargo will be rolling out their own electronic
money to compete with cryptos but do not buy into the false claims about their
convenience as the elite want to control our spending by taking us off of paper
money. If the US dollar fails into a crisis in 2024, will we be all saved by
helicopter money in the form of electronic money that is totally under the control

of the government? Do you want them to know where you spend every dime
and to control if you are spending on green energy projects? It would be the
beginning of the end and is something that governments around the world have
been planning.

TECH STOCKS: Tech stocks have come back from the dead with NASDAQ up
20% for record gains. At publication, these stocks are showing signs of topping
and we have to see what kind of correction we get into mid-Feb. A positive
Powell’s statement could create another surge into Feb. 3 rd with Uranus squares
the Sun. Still, it’s too risky to chase this market after such huge gains. See
where it is by mid-Feb. and check with our daily services.

We doubt that 13700 on NQ 100 will get taken out this year on a bounce. The
technology crash will probably not be over until the Oct/Nov. 2023 cycle low.
Tesla went below our 117 projection to 100 and bounced to 180.00 at
publication. We may not get pullbacks to more than 152-159 and the market will
have trouble taking out 208. Still, it may do better. The longer-term bullish
pattern projects 350 for the next push up but we are not ready to go there yet.
Let’s see where it is in the middle of January. Big pushes higher sometimes need
weeks of congestion before they continue.
Teslas are wonderful until you need to replace the $7000.00 battery or your
warranty lapses after 1 year and you get the mechanic’s bill in the mail.
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.
As always, this is my snapshot thought for Jan. 30, 2023. 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 practicing Vedic astrology since 1987. He has visited and
studied in India on 4 occasions and has spoken numerous times at the American
Council of Vedic Astrology Conferences in Sedona, AZ since 1999 and also at
the British Association of Vedic Astrologers in London since 2006. He has been
involved in Vedic culture since 1973 and is a long-time meditation and yoga

teacher and a published poet. He has had many Vedic astrology teachers
including Komilla Sutton, Marc Boney, and Robert Koch, and has taken several
mini-seminars from Sanjay Rath. In the last seven years, he has moved away
from his specialty in Investment and Mundane astrology to his fascination with
the psychological and spiritual dimensions of Vedic astrology.
He is the author of five books on Vedic astrology including The 2018-2020 Vedic
Almanac series, Finding Your Blind Spots Using Vedic Astrology, Signs of Life
from the Astrological Zodiac: The Spiritual Dimensions of Planets, Signs, and
Houses in Vedic Astrology and Mysteries of Saturn and Capricorn: Mastering the
Energies for Growth and Transformation. They are all also available through
Amazon.
He 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 also
Astro-Yoga and his professional astrological website is
www.appliedvedicastrology.com.

He can be reached at
support@appliedvedicastrology.com.

Another Wild Ride up for Grains Soon?

     FORTUCAST LONG-RANGE WEATHER

We ran our weather cycles and two new cycles should create rainfall totals to be drier than normal.

The 12-year rainfall cycle is drier in 2023-24 and kicks on Feb. 24, 2023, this year.  The 18.5-year cycle is hot and dry through July 2024.

The 84-year cycle is dry but the 29.5-year cycle has above-normal rainfall through 2026.  California weather will be flooding the next two years but the Midwest will be in trouble.

The two-year cycle will probably prevent a major catastrophe as it is wetter than normal this year into harvest and then creates dry weather right on time.

Overall:
Expect a hot and dry summer and with late planting from cold spring temperatures, the crops will be vulnerable and have weaker yields.

We have noted that inflation cycles kick in again and will top out in April 2024 and that will help prices.

According to Farmer’s Almanac, spring will be delayed and temperatures will be slow to warm. In fact, around the time of the vernal equinox, unseasonably cold temperatures may be gripping many parts of the country, extending the “shiver and shovel” portion of our outlook. We are predicting a “soggy, shivery spring.”

Summer will be hotter and drier than normal, with the hottest periods in mid-to-late June, mid-July, and early and late August. September and October will be warm, with near-normal rainfall, on average.
( Special Thanks to Farmer’s Almanac)

Grains are deeply oversold now and cycle highs dominate into at least June.  Corn and beans have already shown signs of bottoming and South American heat is a concern.

Stay on top of this year’s grain cycles and patterns with:

Fortucast Ag Timer which is published twice a day.
One month’s trial is 97.00.
Three-month subscriptions start at 297.00.


 

A Fulcrum Point for the Financial Markets this Week

The end of Golden Week has brought more price shedding with:

  • Copper hitting 411.85 overnight and triggering a deeper sell signal.
  • Silver got to 23.05 and Feb. gold hit 1900.60.
  • Crude also went to the edge of the breakdown point hitting 76.55.
  • If we get a recovery into Friday for metals, it may end up being a retracement of this week’s fall rather than new highs but still nothing too dramatic.
  • T-notes are holding the key 114.09 regions and the stock indices did not hit their breakdown area.
  • The dollar had a nice recovery to 102.45 but still not enough above 102.80 to confirm a move to 105.50 into next week but that is looking better.
  • Natural gas did not get the memo and continues to move toward key support at 2.47.

While we have a bias toward predicting that the market will react positively to the Powell press conference, we have been through so many volatile FOMC days and have so many war wounds, we can only give you parameters.  Only silver looks like a weak secondary high is on tap and we can expect better levels to buy and copper did issue a buy signal and USO and crude are on the verge of confirming our cycle lows for next week.  Because we feel that secondary lows for stocks are coming by the 2nd week of Feb, even if we get the most bullish reaction, we are not going to be left in dust if we wait to buy into mid- Feb.  .

Stay on top of these volatile Financials Markets with Fortucast Financial and ETF timers. One month trial only 97.00.  Every day is a new puzzle piece.

Stocks Take off

STOCKS TAKE OFF

 

In our weekend newsletter, we found a cycle and a pattern that would allow 4080 on the S & P cash and  12110 on NQ futures the next few days.  Usually, the stock market pauses a week before FOMC and does a retracement so that would suggest a high by early Wednesday.
The most bullish pattern would be a move to 3980 on cash following 4080 and then a push to a new high after FOMC to 4160. That would confirm something bigger.
Our work is suggesting we wil get a negative reaction to FOMC  and pullback into Feb. 10th but it may only be a retracement. Each day is a new puzzle piece.

For now, it appears you are missing the boat and this rally may go 1-2 more days. Stay in touch with our latest thinking with these fast moving markets with a monthly trial to Fortucast.

Financial Market Timer

For short-term traders and moderately active swing futures traders. Markets covered: S&P 500 T-notes Dollar Euro Gold Silver Crude Oil Bitcoin Futures.

Try it for one month 97$ Click here!

Click here to view on our website
Click here to see our blog and other great products. 

Try it for one month 97$ Click here!

Click here to view on our website
Click here to see our blog and other great products. 

Will Crude suddenly Soar after this month?

(1/20)     Some crude cycles suggest it could hold up into Sunday.   Crude needs to take out 7789 to confirm a temporary top. If the market does not break soon, we still could get to resistance to 82.60 and 83.33.

We looked closely at early Feb. cycles. We still have a cycle low into Jan. 30-1st and then the market should take off into late Feb.  The cycle repeats the explosive move we had last Jan and Feb and into early March.  Not sure if the fundamentals are there for a repeat of that move but crude is not falling and oil stocks are not falling despite recession fears.

We are not clear where the pullback into January will go but looking like it will be more like 7660-7600 than anything more dramatic with the next upward pattern at least getting to 9000.   Something bigger is very possible.

All of our cycles suggest lower crude prices into the end of the month and all the ETFs like USO and XLE do not look done.  We will want to get into USO at the next pullback low into late January.   .

LONGER-TERM CYCLES:

We looked at longer-term cycles and they are friendly from a low in late January to a high in early April.  For now, we are ready to throw short-term cycles out the window and continue to focus on the pattern.Continue reading

Major Turns for Financials About to Happen

admin

Heavy events week with Powell’s speech on Tuesday, China CPI Weds, US CPI on Thursday, and Friday US Michigan Consumer Sentiment.   The stock market could hold up into Wednesday at the latest before taking a breather.

 1)  T-notes could get up to 115.28 and the
dollar got to 101.72 and 101.40-50 should hold.

2) Gold is close to the 1920 target and silver still cannot get to ideal pattern completion at 2450.

3) Crude oil cycles are an exception as we see cycle highs into Wednesday and the market is almost at 7960 and could go higher.

4) Some Bitcoin cycles suggest holding up into the 23rd but that would not go with our NQ cycles that are suggesting topping.

We should expect 3 wave corrections in the stock market into the end of the month and also bonds should retrace and a recovery in the dollar to 105.50  will happen and a larger retracement in gold with silver needing to go to 2270 or 2224.

So the next few sessions are transition periods so act accordingly to bank profits and by early next week there will be some shorts to do for a few weeks.
Today is profit-taking before a 3-day weekend so it’s unclear if the upper numbers on stocks and bonds will hit on Sunday/Monday/Monday night or at all depending on weekend news.   Stay on top of these markets with a 1 month trial of the Fortucast Financial Timer or the Fortucast ETF timer for 97.00.

Continue reading

Market Corrections Post-FOMC meeting on Dec. 14th

Market Corrections Post-FOMC meeting on Dec. 14th

 

The stock market has confirmed a temporary high and is starting a correction at least into Dec. 16th.  When is the next entry for shorts?  How it reacts off of the Dec. 16th low will be important to see if it will continue lower into early January.   Silver has confirmed a high and also gold and they should break the whole month.  Crude oil confirmed a breakdown to much lower numbers now. Stay on top of our projections and ways to trade these exciting markets with the Fortucast Timers.

-Barry

These markets change very quickly, so stay in touch with our forecasts with a one-month trial subscription.


Financial Market Timer

For short-term traders and moderately active swing futures traders. Markets covered: S&P 500 T-notes Dollar Euro Gold Silver Crude Oil Bitcoin Futures.

Try it for one month 97$ Click here!

Click here to view on our website
Click here to see our blog and other great products. 

 

When Does the Post-Powell Hang-over Period Come?

When does the Post-Powell Hang-over Period Come?


A close look at the Powell press conference does not reveal that it is that dovish and it was widely felt that the Dec. rate hike would only be 50 bps. already so why the extreme reaction?  Most of the Fed governors are still hawkish and the market was just trigger-happy to buy going into the first of the month.   We have a cluster of turning points for stocks and metals into Dec. 5-6th and usually, the market is lower a week before the FOMC announcement on Dec. 14th.

Gold projects 1848 for pattern completion and the dollar is close to key support at 104.05 and 103.72.   The S & P probably will not get through 4154 on futures.  The bigger question, is how much does the market go down in December, when does it stop and what does next year look like?

Stay on top of our daily projections and long-term forecasts with Fortucast Timers.  One month’s trial is 97.00.


-Barry

These markets change very quickly, so stay in touch with our forecasts with a one-month trial subscription.


Financial Market Timer

For short-term traders and moderately active swing futures traders. Markets covered: S&P 500 T-notes Dollar Euro Gold Silver Crude Oil Bitcoin Futures.

Try it for one month 97$ Click here!

Click here to view on our website
Click here to see our blog and other great products.