Just wanted to check if you’re still breathing and are okay? Got some concerning pictures of smart watches recording heart rates going up during the last over of the India v Pakistan match.
The Magic of King Kohli. Need we say more?
The wild turn of events during the last over makes you wonder whether luck and planets play a part in how things pan out. How many events occurring is luck? Are finances ruled by the planets?
With Diwali and Muhurat tomorrow, let’s see how much of your finances are ruled by astrology.
Does astrology predict the stock market?
Can the stars predict your investment? First and foremost, most investors, analysts, journalists and enthusiasts check the news for the latest market updates.
Many around the globe believe that the movement of stocks, bonds and currencies can be interpreted by the direction of the planets and stars. This field is contemporarily known as Financial Astrology. Are you a believer in Financial Astrology?Goldman Sachs released a paper in 1999, focusing specifically on the correlation between eclipses and the state of the financial market at that time. Click To Tweet
What can the stars say about your investing?
Financial Astrology might be considered a superfluous phenomenon, with many believers who follow the stars rigorously. This principle comes under the umbrella of Heterodox Economics which is the analysis and study of economic principles considered outside of mainstream or orthodox schools of economic thought.
This school of thought helps in developing new ideas and challenging existing ones. All the good ideas were once absurd, weren’t they?Wall Street Forecaster was one of the top forecasters. Many clients asked for their copies to be delivered in “brown paper” to avoid mockery. Click To Tweet
With history being a witness, these celestial bodies were considered the ones who could depict the future, and by studying planetary movements, humans could answer questions like when to plant crops and when to wage war. Rulers and kings preferred to consult an astrologer before they made any important decision. Astrology still survives strongly in almost every culture in one form or another.
It all comes down to personal choices and actions.
Calm down Scorpios.
Our man, Fibonacci
The methods used for Financial Astrology to predict long-term by looking at history and making mathematical predictions based on patterns relative to astronomical events. This is where the Fibonacci sequence comes in. Interestingly, in this sequence dividing any number in the series by the previous number, the ratio is always approximately 1.618. This ratio is also known as the Golden Ratio. The golden ratio is the most elite proportion transfer, often manifested in our daily lives.Fibonacci ratio is used not only in financial astrology but also in the human face, Mona Lisa, the Twitter logo, hurricanes etc. Click To Tweet
Another indicator of Financial Astrology comes in with the ‘retracement level forecast’ stemming from the Fibonacci sequence, which is a technique to identify the level up to which the retracement can happen. Each level is associated with a percentage, and this percentage is how much of a prior move the price has retraced. The indicator is useful because it can be drawn between any two significant price points, such as a high and a low. The indicator will then create the levels between those two points. This helps investors enter the ’trend investing’.
Does Muhurat Trading fall under the same category?
As simple as it can get, no. Muhurat Trading does not fall under Financial Astrology. Muhurat Trading is simply an Indian tradition and a big festival for investors. Since Diwali is a national holiday, the stock market opens for a period of 1-hour for trading to commence.
Historically, Diwali has been considered auspicious to start new beginnings, and welcome prosperity, success and wealth. The spiritual belief associated with Diwali is what helps the market. With investors trading rigorously for 1-hour, the CAGR seems to be green! But we’re definitely hoping that the stars align during Muhurat!🤞🏼
What’s the Muhurat Trading hour? Know more before you set your reminder!
We’re surrounded by the unknown
Not a single living organism on the planet knows everything. Out of the millions of galaxies out there we’re a part of a small planet, surviving the odds every day. There are forces beyond our control at work, and that gives us the wisdom to know that not everything is in our control. Maybe the cosmic power is at play here when the Sun signifies the stock markets or Mercury or Venus can destabilise the market.
In the end, it’s the knowledge and individualistic belief that guides an investor. Remember the three R’s; Research, Risks, and Rewards, and make your own calculated decision.
Don’t have time for all that research and hard work this Diwali? Investing takes minutes on smallcase. This Muhurat, spend time with your family – let smallcase take care of your investing needs!
This Muhurat, celebrate wealth with smallcases!
Tomorrow, 6:15-7:15 pm.
Are you set for the auspicious Muhurat Trading hour tomorrow? Head over to our app to set yourself a reminder and grab 30% off on smallcases trending this Diwali!
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Where’s your money going this Diwali?
Soan papdi aside, how are you spending your money, this Diwali? Ask your friends in the comments below 👇🏽
Hope your Diwali preparations are going well!
Amidst all the festivities, ensure that you don’t miss out on the Muhurat hour. Just head to your app and set a reminder.
Hope you enjoyed this email! Just a disclaimer, no, investing isn’t a game of chance, so make sure you do your research well before you invest. Or better, let the experts on smallcase do the heavylifting!
See you after Diwali! Until then, stay safe and celebrate responsibly.