- Sama's Newsletter
- Posts
- Sama's Financial Astrology Newsletter Projections - June 2023
Sama's Financial Astrology Newsletter Projections - June 2023
Still money to be made... Still with caution
In 1999, experienced investors were baffled…
“This market should’ve crashed by now, but people are still making money”, they would say, checking over charts, frustrated.
It wasn’t until 2002 that what they logically knew to be correct actually played itself out in the markets.
Interesting how human psychology repeats itself throughout history.
Last month: “SPX wants to visit 4280 and then decide whether to continue up from there.”
“Remember, if you've been with me on this newsletter since February, the overall game we've been playing here is, let's make money off this short-term bull market before the world is forced to acknowledge the recession the U.S. is really in.”
S&P 500’s price has reached my target, so I expect some sideways price action until some positive news comes in about the debt ceiling (which the U.S. will obviously raise, it’s a non-story), and potentially even a pause in rate hikes, which would create very bullish price action in markets.
Here’s the nuance - Based on trusted information I think one more rate hike is coming this year. It could be this June, or it could be at the end of the summer around September.
I do not see them hiking during the summer months of July/August.
This leads to some interesting directional predictions for the next few months. Volatility will create opportunities.
On June 11, Pluto shifts back into Capricorn on June 11th and will stay there until January 21, 2024.
Notice how A.I. themed stocks (NVIDIA, etc) have done well since that time.
Don’t be surprised if those stocks fall (short!) after the 11th of June - not financial advice.
This can create a 6 month window for shopping opportunities in A.I. stocks.
With Pluto back in Capricorn, we’ll focus again on broken banks, bankrupt companies, bad debts, treasury issues and drops in real estate.
Another reminder to keep your treasury or t-bill investments on a SHORT duration time frame (1-month or 3-month).
Be well and be safe!
🙏
Sama's Financial Projections for the month of June 2023:
p.s. - I’ve got a health treatment to leave and do for the next couple of days and will return to posting the general financial predictions for all 12 signs done by Krisztina our astrologer/researcher on the team when I get back.
BTC: Still headed to 25,500 before going higher back to 29k towards the end of the month.
For those who like technical patterns, this is how price is likely to move in the short term:
We are currently about to break out of the triangle to the downside.
ETH: Somewhat bearish.
Likely to follow BTC down to 1600 before continuing higher.
SPX: This is where things get interesting to me. This month, more than usual, the SPX really could go either way depending on news coming out from the FED.
The technicals look weak and now that price has reached our target, there is a wall of sellers ahead.
Unless we hear of a pause in rate hikes in June, price is likely to move sideways and down between 4000-4300 for June.
NASDAQ (100): Overbought. Short term Bearish.
May 1st - "Headed higher to 13,600 in the short term. May = Somewhat Bullish."
Very strong move up for the NASDAQ in May. Market is overextended and needs to cool off.
Would not be surprised if the price came down to my original target in May (13,600) before continuing higher in price back over 14k during the summer.
DJI (30): Bearish continuation.
The DJI looks like it will continue to fall but is slowing down it’s pace.
(I don’t see DJI lower than 31,600 in June)
Other Indices: (Email me if you're interested in the full subscription with these assets included now.)
BONDS, ENERGY, FOREX, METALS, REAL ESTATE: (Email me if you're interested in the full subscription with these assets included now.)
Things to remember:
Ignore all soft landing narratives. Q4 =Recession/pain.
Use proper risk management. If I'm "right 99% of the time" and you bet all your money on the "1% moment I'm wrong", you would've lost it all for nothing.
If world events or other unseen factors change these projections, I will let you know with an update.
None of this content is financial advice, and all of this content is confidential.