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In the morning we will be looking at the astrology of wealth, so bring your own chart and, if possible, those of your parents and grand-parents. The afternoon will give us a bird's eye view of —20 and beyond: the remaining years of Pluto's transit of Capricorn, the extra-ordinary alignment in , the solar cycle and the Jupiter-Saturn conjunction in Aquarius.
A practising astrologer for more than 30 years, Christeen has been looking at planetary pictures since she was nine years old. She is fascinated by the correlation between particular planetary formations and events on earth. Measuring the apparent links between these pictures and financial markets pleases her immensely.
She is deeply committed to the development of greater understanding of the potential of astrology and supportive of those researching links between the planets and trends in music, architecture and politics. China's Ministry of Commerce said it "strongly urges" the U. The White House said Tuesday that it will not cooperate with House Democrats' impeachment inquiry into President Donald Trump, claiming that the proceedings amount to Stocks in Asia traded lower Wednesday afternoon amid growing uncertainty over the high-level trade negotiations between the U.
Chinese state media slammed NBA head Adam Silver's remarks in apparent support of a tweet by Houston Rockets general manager Daryl Morey supporting anti-government protests in Chung "Blitzchung" Ng Wai wore a gas mask and goggles and appeared to shout a slogan often associated with Hong Kong protesters: "Liberate Hong Kong, revolution of our time.
The utility Trump's latest blacklist hits several important Chinese companies. According to new court filings, Musk was focused on what Thai officials were saying about him while they were trying to rescue a trapped soccer team and its coach.
Saudi Aramco, the world's biggest oil company, is expected to file its IPO prospectus by the end of the month, the Wall Street Journal reported. The prospectus will reportedly The Trump administration put visa restrictions on Chinese officials Tuesday amid ongoing abuses of Muslim minorities in the Xinjiang region. Most investors analyse spread sheets, pore over corporate fundamentals or rely on complex algorithms to pick the best stocks. But in India an increasing number of stock-pickers are using astrology and numerology to determine where to put their money.
India boasts several websites that make the most of the country's fascination with astrology including Astrostocktips.
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These offer a range of "services" to clients for a subscription fee, from daily SMS messages on stock calls to bespoke services for investors, alerting them to planetary movements that could favor certain stocks and sectors. A substantial part of the more orthodox asset management industry relies on complex algorithms to take a "quantitative" approach to stock-picking and has a rate of return of investment of about percent.
Abhishek Dhawan, the main astrologer at AskGanesha. He told CNBC on Tuesday that thousands of people visited his website every day and the number was increasing.
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Perhaps not surprisingly, astrology is not sanctioned by India's stock market regulator, the Securities and Exchange Board of India Sebi , which responded to what it saw as a proliferation of astrological financial websites by warning investors to "not be guided by astrological predictions on share prices and market movements. Defending his industry, Dhawan told CNBC that both the choice to engage in the services and outcome of financial astrology is down to the client.
It depends on the individual horoscope of the person and we look at this for our clients. Another high profile financial astrologer is Col Ajay, aka "AstroMoneyGuru," who runs a website of the same name. For commodities traders, Ajay said that gold would rebound in the second half of , copper would see a "great positive move" while soybean and wheat crops would have a "great" year in Responding to Sebi's warning against using financial astrologers, Ajay said he believed every financial astrologer should have a "basic knowledge of finance and Masters degree in commerce or economics, as well as a perfect understanding of the capital market.
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Sebi's judgment on financial astrology has not deterred investors from placing their faith and investment success in the predictions of well-known astrological personalities like Ajay and, for all its economic growth, India is a country that still clings to astrology in its wider culture. When couples plan to marry, for example, astrological charts are often commissioned by their respective families to see whether the match is auspicious, or not.
Other financial astrologers look at the founding date and location of a company to gauge how successful or not it might be.
One Indian website, Astrostocktips. Read more: Forget profit, new fund trades on superstition. The website insists that "American studies have found that there are three basic factors which are responsible for the movement of stock markets i. However, the disclaimer on the company's website warns: "Readers using the information contained herein are solely responsible for their actions. The famous quote by JP Morgan on astrology — "Millionaires don't use astrology, billionaires do" -- is reputed to have been said by the founder of the bank that carries his name after he took his astrologer's advice and decided not to board the Titanic on its fateful maiden voyage.
While it might be tempting to scoff at astrological superstitions in India, the global industry around so-called "astro-finance" appears to be growing. Financial astrologers also defend what they say is an ancient, scientific practice, stating that just like other financial models used to predict stock market movements, financial astrology uses mathematical methods to arrive at its forecasts.
Like the websites purveying their astro-financial services, they are also keen to point out that no predictive tool works consistently well all the time. After all, the exponents of astro-finance add, other methods of financial market analysis are based on the assumption that markets are rational when they often behave in irrational ways.