Retail Consumers and Farmers
In my recent newsletter writings I tried to make the case that the consumer is troubled. I based my argument on the declining savings rate in the banking system. The following chart illustrates further.
Some stock charts further add to my argument. And you can expect to hear more about the consumer situation on financial media outlets like Bloomberg. Stock charts of the big retailers are now warning of a pending economic slowdown. The media analysts are starting to clue in that there is a story here. The following chart of Wal Mart screams “slow down” with its big gap down in price.
WalMart has an IPO date of August 25, 1972. Venus plays a key role in navigating the WalMart (WMT) price chart. This seems due to Venus having been conjunct the Mid-Heaven (MH) point at the IPO date.
The nasty gap down at the right side of the chart speaks to concerns expressed by senior management. Note how the various swing pivot points on the price chart align to celestial bodies passing key points of the 1972 natal horoscope. Note how the gap down was triggered by Venus passing the 1972 natal Asc point. In the future pay close attention to where Venus is in the zodiac relative to the 1972 key natal points in the Wal Mart horoscope. I have further added (blue font) a list of dates to be alert to in the near future. These dates will help you better navigate the price action of Wal Mart shares.
Consumer weakness also appears to be finding its way into the farming community. The famous maker of green-colored farm implements and machinery (Deer & Co) traces its IPO date to January 13, 1978. In all, 2023 has not been a good year for Deere (NYSE:DE). Share price declined into late May, rebounded into July and has been falling ever since. Commodity prices are low and the cost of obtaining financing to purchase crop input supplies is rising. (I recently had a farmer in my area here in western Canada tell me his crop input loan for 2024 will be at an uncomfortable 10.1% interest.) The farm operator is getting squeezed. When a farm operator is getting squeezed, he will not be buying new farm equipment. The chart of DE speaks to this reality.
I have overlaid the above chart with events of celestial bodies passing key points on the 1978 natal horoscope. If there will be a turning point for DE share price look to December when Mars and Sun pass the natal MH point. However, the general weakness could continue until the end of Q1 2024 when Saturn finally moves away from the natal Asc point and Mars passes the natal Asc point.
