Forecast 2019 Scorecard- As of November 7, 2019
November 07, 2019
Although 2019 is not yet over, several forecasts made in Forecast 2019 have already unfolded. Below are a few of the forecasts as of August 2019, and this list will continue to be updated. Keep in mind, these forecasts were written in October-November 2018, and published December 2018, well before 2019 was underway.
ECONOMIC AND MARKET FORECASTS FOR 2019 (made prior to December 2018)
The U.S. Stock Market and DJIA: “Cycle studies suggest the crest of a 4-year cycle will be completed by October 2019 and probably before the end of July 2019… You can also see from this graph that long-term cycle highs tend to occur when helio Jupiter is in Sagittarius, which is in effect October 6, 2018 through October 19, 2019… Jupiter transiting through Sagittarius is a reason to think that the U.S. stock market could make yet another high, above the all-time high of October 3, 2018. With this study in mind, we will look for the high of October 3, 2018, to be tested, and even taken out in 2019.” The DJIA did make a new all-time high of 27,398 on July 16, above the high of the previous year. After a significant decline into mid-August and early October, the DJIA soared again to new highs in early November. The 2019 Book also mentioned in the conclusion, “Investors are advised to look for a high by July 2019, and possibly extending into 2020, but be cautious, because a severe decline is scheduled to begin with that high and last into 2021-2023.” So, there was a high in July, and now as we enter the last two months of the year and prepare for early 2020, stock indices are making new highs.
Scorecard as of October 19, 2018
October 19, 2018
Several forecasts made in the 2018 book have already unfolded. Keep in mind these forecasts were written in October-November 2017, and published December 1, 2017, well before 2018 got underway.
T-Notes and Interest Rates: “Transits of Saturn in hard aspect to the Federal Reserve Board chart indicates monetary tightening by the Fed, driving interest rates higher if the economy is strong, as it is now (heading into 2018) …The double bottom chart formation (122/25-123/01) is likely only temporary support and will soon break (as)… the 6- and 18-year cycle low is due 2019-2021.” It broke below support by mid-January, and as of this writing the low has been 117/13 on October 8, just one day after Venus turned retrograde and our critical reversal date of October 5.