Financial astrology
Encyclopedia
Financial astrology is the practice of relating the movements of celestial bodies to events in financial markets. The use of astrology
in financial markets is not consistent with standard economic or financial theory, but might be considered heterodox economics
.
The practice of financial astrology carries the implicit belief that astrology
is valid and influences human behavior. The scientific community considers astrology to be a pseudoscience
.
Astrology
Astrology consists of a number of belief systems which hold that there is a relationship between astronomical phenomena and events in the human world...
in financial markets is not consistent with standard economic or financial theory, but might be considered heterodox economics
Heterodox economics
"Heterodox economics" refers to approaches or to schools of economic thought that are considered outside of "mainstream economics". Mainstream economists sometimes assert that it has little or no influence on the vast majority of academic economists in the English speaking world. "Mainstream...
.
The practice of financial astrology carries the implicit belief that astrology
Astrology
Astrology consists of a number of belief systems which hold that there is a relationship between astronomical phenomena and events in the human world...
is valid and influences human behavior. The scientific community considers astrology to be a pseudoscience
Pseudoscience
Pseudoscience is a claim, belief, or practice which is presented as scientific, but which does not adhere to a valid scientific method, lacks supporting evidence or plausibility, cannot be reliably tested, or otherwise lacks scientific status...
.
Application
Financial astrology is sometimes applied in the following ways:- Predicting major economic trends as they relate to certain cycles, specifically on the cycles of outer planets
- Helping an investor find the best industry to be in for a particular period of time based on major planetary configurations
- Identifying the best stocks to own during a particular time period
- Identifying the best date and time to buy or sell a stock
- Correlating the Astrological aspectAstrological aspectIn astrology, an aspect is an angle the planets make to each other in the horoscope, and also to the ascendant, midheaven, descendant, lower midheaven, and other points of astrological interest. Aspects are measured by the angular distance in degrees and minutes of ecliptic longitude between two...
to the movement of stock marketStock marketA stock market or equity market is a public entity for the trading of company stock and derivatives at an agreed price; these are securities listed on a stock exchange as well as those only traded privately.The size of the world stock market was estimated at about $36.6 trillion...
in day tradingDay tradingDay trading refers to the practice of buying and selling financial instruments within the same trading day such that all positions are usually closed before the market close for the trading day...
.
Financial astrologers of note
- Evangeline AdamsEvangeline AdamsEvangeline Smith Adams, born on 8 February 1868, was an American astrologer. She ran a successful astrological consulting business as well as writing books about the subject including, Astrology: Your Place in the Sun and Astrology: Your Place Among the Stars . She also wrote her autobiography,...
In 1929 she predicted that the stock market would continue to rise in price. On Labor DayLabor DayLabor Day is a United States federal holiday observed on the first Monday in September that celebrates the economic and social contributions of workers.-History:...
, September 2, she told a reporter for radio station WJZ that "the Dow Jones could climb to heaven." The next day the Dow Jones reached a record high that was not reached again until November 1954.
- W. D. Gann