Monthly Archives: July 2019

McWhirter’s Market Forecasting Techniques

Louise McWhirter’s 1938 book on stock market forecasting outlines the methods she used to predict long and shorter-term trends on the stock market. She had obviously studied both natal and mundane astrology and used the North Node’s cycle, her own rectified chart for the New York Stock Exchange, the horoscopes of corporations, and lunations and transits to form her judgments.

The North Node’s cycle outlined the bigger swings of the market. From Scorpio to Libra, expected business volume moves from normal to above normal, creating prosperity. In Leo, business is at a high point. In Cancer and Gemini, business is above normal trending toward normal. With the Node in Taurus through Aries, we transition to below normal. When the North Node passes into Aquarius, we are at the low point. From Capricorn to Sagittarius we move from below normal to normal again.

McWhirter rectified the NY Stock Exchange chart, giving it a 14 Cancer Ascendant with 24-1/2 Pisces on the MC and felt that transits to the angles would change the trends in securities, bonds and the general condition of the market. These “secondary factors” could alter the expected nodal cycle movement by up to 20%. Lunations (New Moon charts) compared with the NYSE horoscope will show the trend of the coming month.

Other factors can also throw this business cycle out of its expected rhythm. Transiting Jupiter conjunct the Node or in favorable aspects to Saturn or Uranus may give the markets a boost. Saturn or Uranus in hard aspect to the Nodes should depress prices. The positive or negative aspects between transiting Saturn and Uranus can also be used to forecast major trends. Louise felt that both the signs of Gemini and Cancer related to the United States, so Jupiter in these signs was helpful, while Saturn, Uranus and Pluto here were not.

To forecast for individual stocks, McWhirter utilized incorporation dates and their solar charts. If their natal planets connect to the NYSE chart, we can expect them to follow the general market’s trend. Lunations and outer planet transits to these charts will indicate how the particular company will fare in the coming months and years.

In 1938, McWhirter reiterated Dr. Luke D. Broughton and Evangeline Adams’ cycle for U.S. war with Uranus in Gemini, and correctly forecast that when Saturn and Uranus were in this sign from 1942 to 1944, it suggested “war, depression, government change, social upheaval and a financial panic.”

Louise McWhirter’s methods might not be as effective today as they once were, but they’re based on sound, standard astrology. We can all begin to test them by following the charts for the market and individual companies and studying the transits and lunations to them. As Louise advised, “It takes time and practice to become adept in analyzing the charts of stocks, but it is interesting and very worthwhile because it helps you to obtain financial independence through investment of a sound and practical nature.”

My biographical sketch of Louise McWhirter is here.

McWhirter Theory of Stock Market Forecasting is on Amazon.

Louise McWhirter

Search the web and you’ll find plenty of information on financial astrologer Louise McWhirter, though all of it relates to her 1938 book, McWhirter Theory of Stock Market Forecasting. Her low profile has even led some to speculate she was only a pseudonym for W.D. Gann (a rather sexist theory proposed by a man). But yes, she did exist.

Wikipedia shares information from a family member’s posts on Ancestry.com. Martha Louise McWhirter was born in 1896 in New York City, and we can find additional family information in Census records. Her younger brother was born two years later. Her father, Robert, was from Texas and her mother was from France. By the time Louise was 14, she was living in Maryland, her father had remarried and he was now a gardener and shareholder in a cooperative farm, which must’ve been an unusual situation at that time.

Louise’s parents had divorced and her mother returned to New York, working as a department store clerk. She died when Louise was only 21 years old.

McWhirter married John Mitchell Henry soon after, and the couple settled in Bayonne, New Jersey. They eventually owned their home and had five children – making it obvious why Louise didn’t publish her book until her early 40s. John worked as an assistant engineer at an oil refinery and Louise was a stay-at-home mom. Apparently she used her middle and maiden names for her work for privacy. She had studied the astrology of financial markets for years and one would guess that she made some modest investments herself. Perhaps she did readings for clients.

Evangeline Adams and her teacher Catherine Thompson had used some financial forecasting techniques beginning in the late 1900s. The stock market crash of 1929 brought more interest in predicting the highs and lows of the market. Sepharial and L. Krohn had written a few books on the subject in the ‘teens, W.D. Gann was also writing by that time, and James Mars Langham and L.J. Jensen had published financial astrology texts in the early ‘30s. McWhirter says she originated the New York Stock Exchange chart, and Graham Bates credits her with rectifying it.

We don’t know exactly who Louise’s astrology teachers were. Her home was within commuting distance from Manhattan, where she might have taken classes with one of Evangeline’s former employees like Iris Vorel, Myra Kingsley, Nella Webb or Lynn Wells. Other New York astrologers at the time included Elizabeth Aldrich and Katherine Taylor Craig. Astrologer Juliet Pontin had a home in New Jersey and an office in the city.

McWhirter used the North Nodal cycle, transits and lunations to the NYSE and incorporation charts for long and shorter-term forecasting. She was a Libra with Jupiter in Virgo and her book is a clear and workable instruction manual on how she used astrology to forecast the ups and downs of the markets. As she said, “It is no longer necessary to be wiped out on the Stock Market. That is a sign of ignorance.”

I’ll share more about her book and forecasting methods in a later post.

McWhirter Theory of Stock Market Forecasting is on Amazon.