Christian Money Blogs:

Market Update: 08-08-22

The Issachar Fund is about 23% invested in fundamentally and technically sound stocks in the top sectors. The over-bought S&P 500 index is up over 13% since the 6/16/22 bottom; looking for an excuse to correct, but it has not found one yet. The employment report came out Friday better than expected, with more jobs created, and the market did...

Market Update: 08-01-22

The Issachar Fund is sitting patiently in Cash, waiting for lower-risk opportunities. The S&P 500 index dropped nearly -12% from 6/7/22 to 6/16/22 (7 days), then rallied about 12% (29 days) into the 4,177-congestion area of resistance on Friday. The NASDAQ 100 rallied past tight double-top congestion areas on below-average volume, so I expect...

Market Update: 07-25-22

Rolling Over! The Issachar Fund has remained in Cash since June 9th, 2022! Issachar has been in Cash about 70% of the time this year. That is not the norm, but we are in a bear market (down -20%), and it could get worse in the next 3rd and final wave of selling. The indexes rolled over from an oversold rally after hitting resistance on Friday, and...

Market Update: 07-18-22

The Issachar Fund sits patiently in Cash (100%)! The NASDAQ 100 hit resistance and then bounced lower, testing the 50-DMA line of resistance again. I did not see any fundamental changes last week other than the CPI and PPI confirming that inflation is still hot, and the Fed still plans to raise rates. Fed Fund Futures are pricing a 78% chance of a...

Market Update: 07-11-22

The Issachar Fund sits patiently in Cash (100%)! My perception of risk is still high as NASDAQ 100 has rallied into its 50-DMA line of resistance on light volume. Nothing has changed, nor do I see it changing, so I expect the market to drift sideways to down in this trendless market. Anything can happen, and I stand ready to change my opinion if...

Market Update: 07-05-22

Issachar Fund Q2 Fact Sheet Update The Issachar Fund remains in Cash (100%)! The S&P 500 is down about -20%, and the NASDAQ 100 is down about -30% YTD, so Cash has been a good place to hide. The Atlanta Fed lowered its GDP forecast for Q2 to a minus 2.1% which would officially put us in a recession since Q1 GDP was -1.6%. Gas and grocery...