Cash is King! The Issachar Fund is 100% in Cash, as risk seems to be rising! After Fed talk of higher rates for longer, the Silicon Valley Bank (16th biggest bank in the US), and Signature Bank failures, stocks have been declining across all sectors. The risk of potentially more bank runs and closures has set an ugly tone in the market, and many...
Christian Money Blog:
Market Update: 03-06-23
Ready to Roll! The Issachar Fund is 35% invested in growth stocks in top industries! The market seems to have worked out an oversold condition and may be ready to roll higher. Fed President Bostic said he thinks they can keep interest rate hikes to 25bps versus the 50bps hikes the market anticipated, and the market rallied Thursday and Friday...
Market Update: 02-27-23
Cash is a Position! The Issachar Fund is 100% in Cash! Stops were hit as risk increased, so I exercised discipline and sold all positions. I was encouraged by the bear market rally that started in January, but in hindsight, it appears not to be the start of a new bull market. The market may have been anticipating the Fed was putting the inflation...
Market Update: 02-21-23
Recession & Higher Rates! The Issachar Fund is about 70% invested in 31 growth stocks and looking to sell more if the market continues to de-risk! Thursday’s hot PPI number damaged the disinflation theme that had taken root after Powell’s dovish comments following the last Fed meeting. Those comments launched a FOMO stock market rally...
Market Update: 02-13-23
Extended but Not Broken! The Issachar Fund is about 83% invested in 40 growth stocks and looking to get more invested in fundamentally and technically strong stocks in top industries! The market broke out of its 2022 downtrend on above-average volume at the end of January, so a little price consolidation is expected. Volume on recent up days...
Market Update: 02-06-23
The Issachar Fund is about 98% invested in 43 growth stocks in top industries with great fundamental/technical chart patterns! I sold our energy and gold-related positions after stops were hit due to heavy institutional selling. I believe money is rotating out of energy into technology as the dollar rallies, putting pressure on commodity prices...