05-11-25 Healthy Consolidation!

The S&P 500 moved sideways last week, holding steady after a strong 10% rally over nine days—a positive sign of strength and stability. The index remains above its 50-day moving average, though it’s still facing some resistance at the 200-day mark. Meanwhile, the NASDAQ 100 has tried to break through its 200-day moving average three times in the past six sessions, and maybe the fourth time will do the trick.

Markets digest the recent tariff news, and investor sentiment seems more optimistic. While uncertainty has lingered, we’re beginning to see more clarity, and new leadership is starting to emerge. The once-dominant “Magnificent Seven” stocks face challenges, but the AI space is heating up again following DeepSeek’s surprise announcement on January 27.

We’re seeing strength in AI-related areas like construction, software, and electronics, fueled by institutional buying, as shown by price gains on higher-than-average volume. The Fed kept interest rates steady last week, and the market responded calmly—another encouraging sign. Trade deals and rate cuts are coming, and that could be the catalyst to break through overhead ceilings of resistance.

Technology remains the leader in expected earnings growth within the S&P 500, projected to rise 18.1% over the next year, compared to 12.8% for the overall index. About 72% of companies have reported this quarter, showing a 12.8% year-over-year increase in earnings. It’s the second straight quarter of double-digit growth and the seventh with annual gains. Plus, 76% have beaten earnings estimates, and 62% have topped revenue expectations—above the norm. Sectors like tech, health care, and consumer discretionary stand out. BTW, US companies are buying back stock at a record pace!

On the macro side, the US dollar and Treasury bonds continue to trend lower, supporting gold near record highs. Bitcoin is hovering around $100,000, showing strong speculative interest, often a sign of a healthy market risk appetite.

I’m about 66% invested and plan to increase my exposure as momentum builds.

Wishing you lots of grace and peace!

Watch List: AER, APH, BAP, CASH, CRS, CTAS, CVLT, FCFS, FICO, GEV, GWRE, LOAR, NFG, NWG, OSIS, PEN, PWR, TW, VIRT, WAY, WELL.

Just as I have loved you, you also are to love one another. John 13:34

If you know anyone who would like to receive these updates or invest, please contact me. 

Dexter Lyons, Portfolio Manager
337-983-0676,
ChristianMoneyBlog.net
100% BRI, Honoring God with Our Investments!
Actively Managing Risk
Since 1990!    

05-04-25 Green Screens!

The S&P 500 has now posted gains for nine consecutive days, the longest streak in over two decades—breaking through its declining 50-day moving average and approaching key resistance at the 200-day. This impressive momentum, especially following Friday’s GDP report, signals that the worst may be behind us and that the market is gearing up for a renewed push higher.

During the recent uncertainty around global tariffs, investors sought refuge in gold. But that narrative is shifting. Capital appears to be rotating out of defensive assets like gold and back into high-growth equities. I’ve exited my gold position and currently have around 65% of my portfolio allocated to stocks with strong earnings and sales acceleration. My screens are lighting up green.

Many of the names on my watchlist are breaking out of well-formed bases with powerful technical setups and outstanding fundamentals. This is the most bullish setup I’ve seen since before the January 27th Deep Seek black swan event that temporarily disrupted the AI sector. Deep Seek has since proven to be a pivotal development, allowing AI firms to scale faster and more efficiently. Analysts have recalibrated their valuation models accordingly, and investor confidence in AI is returning.

The AI boom is back, and the sector’s leading companies are again showing strength. We don’t need a crystal ball to predict the future—we need to observe the present. Price and volume action are often the earliest indicators of future earnings strength. And right now, the outlook is promising.

Wishing you and your loved ones lots of grace and peace!

Watch List: AER, APH, BAP, CALM, CASH, CTAS, CVLT, FCFS, FICO, GEV, GWRE, HDB, IBN, LOAR, NFG, NWG, OSIS, PEN, SFM, TW, VIRT, VRNA, WAY.

With man, this is impossible, but with God, all things are possible. Matthew 19:26

04-27-25 Overbought Resistance!

Overbought Resistance!

Last Tuesday, the S&P 500 surged 2.6%, triggering a Follow-Through Day (FTD). FTD occurs when an index rises more than 1% on heavier volume than the prior session, at least four days after a market bottom. While not every FTD results in a new bull market, historical research by IBD founder William (Bill) O’Neil shows that an FTD has preceded every bull market. Bill advises investors to find something to buy that meets his criteria after an FTD to help them mentally shift from defensive to offensive. His books and the CANSLIM system—through which he built his self-made fortune—have shaped my investing approach. It typically takes 4 to 5 years to adapt CANSLIM to one’s personality, and I’m well positioned to reap the benefits.

About 25% of my portfolio is allocated to a gold ETF, and around 8% is invested in select stocks. I’m cautiously looking to seeing whether this FTD holds or if the market experiences a third leg down. The market has rallied for four consecutive days, running into overhead resistance, leaving it overbought and ripe for back-and-fill action. We’re still trading below key defensive levels, the 50-day and 200-day moving averages, but the market’s tone suggests it wants to move higher.

This week brings a wave of earnings reports from market leaders, which could set the tone for the coming weeks. Meanwhile, the dollar is trending lower, signaling that a rate cut could be on the table at the Fed’s June meeting. Since gold is priced in dollars, a weaker dollar should support higher gold prices. Retail giants like Walmart and Costco show strong chart patterns, suggesting a bullish sign of consumer strength. Oil prices continue to drift lower (a result of an additional 3 million barrels per day hitting the market), which makes it more challenging for bad actors to fund their agendas and help keep inflation contained, as oil impacts the cost of almost all goods. Bonds are chopping sideways without a clear trend for now, but that could change as the Treasury works to refinance trillions in existing debt. Grace & Peace to you and your loved ones!

Watch List: APH, PLTR, IDR, SEZL, SFM, LRN, PEN, AXON, ATGE, SE, FTNT, CALM, HWM, EAT, WGS, MRX, ADMA, NWG, ZS, CPRT, OSIS, UTI, BROS, KINS, AVGO, PHYS.

Blessed is the one who finds wisdom and the one who gets understanding. Proverbs 3:13

If you know anyone who would like to receive these updates or invest with me, please Email or call me. 

Dexter Lyons, Portfolio Manager
337-983-0676,
ChristianMoneyBlog.net
100% BRI, Honoring God with Our Investments!
Actively Managing Risk
Since 1990!    

          

04-19-25 Happy Easter! He is Risen!

Check out my YouTube interview—for a quick take on where things may be headed.

Gold is trading near an all-time high of $3,327/oz, up around 26% year-to-date. I hold a 25% position (my max) in an ETF that holds physical gold, with the remaining 75% in a government-backed money market fund.

What’s fueling gold’s rise? Central banks—especially China—may be preparing for a gold-backed currency, and gold remains a classic hedge against inflation. In addition, high tariffs on Chinese goods imported into the U.S. may be prompting China to sell U.S. Treasuries and dollars.

Meanwhile, the S&P 500 is down ~10%, and the dollar has weakened ~8% YTD. In contrast, the Euro, Yen, and Swiss Franc are each up over 10%. We could be witnessing a shift from a strong dollar policy to a weak dollar policy. That would make U.S. exports more competitive and could ease the pressure of financing our $37 trillion national debt. Higher Treasury yields make debt refinancing more expensive—so a lower dollar and lower rates may be the new playbook.

Currently, the S&P 500 and NASDAQ are trading below their 50- and 200-day moving averages, signaling increased risk. In this environment, preserving cash might be smarter than chasing returns. With trade tensions escalating and uncertain earnings guidance, we could be stuck in a high-risk, low-reward market until a clear catalyst emerges.

Bitcoin is down ~9% YTD, showing that digital gold hasn’t taken the throne from physical gold—yet. While gold is extended, I expect it to move higher.

I’m staying patient and keeping my stock watchlist fresh. I’m waiting for a Follow Through Day (FTD)—a key technical signal marked by a 1%+ index gain on higher volume, at least four days after a market bottom attempt. I’ll look for fundamentally sound stocks breaking out on strong technical volume when that happens.

I don’t expect the next bull market to be led by the “Magnificent 7” from the last one. Instead, I’m eyeing leadership for insurance, international banking, and precious metals stocks.

The market may be setting up for a great buying opportunity—but for now, gold could remain the winner. Until conditions improve, sometimes the best offense is not losing.

Most importantly, Jesus died for all sins. If we believe, we receive His grace.

Grace & Peace to you and your loved ones this Easter!

Watch List: ADMA, AEM, ATGE, AXON, DRS, EGO, ESLT, IBN, IDR, LRN, MRX, NWG, PEN, PLTR, PRMB, RBA, SFM, SNEX, STN, VIRT & PHYS.

Praise be to the God and Father of our Lord Jesus Christ! In his great mercy, he gave us new birth into a living hope through the resurrection of Jesus Christ from the dead. 1 Peter 1:3

If you know anyone who would like to receive these updates or invest with me, please Email or call me. 

Dexter Lyons, Portfolio Manager
337-983-0676,
ChristianMoneyBlog.net
100% BRI, Honoring God with Our Investments!
Actively Managing Risk
Since 1990!    

          

 

 

04-13-25 Tariff Driven Inflation!

Tariff-Driven Inflation!

Check out my latest YouTube interview for a quick take on where things are headed.

Gold is trading near an all-time high of $3,250/oz as central banks continue to build reserves and inflation shows no signs of fading. I’ve added a 15% position in a physical gold ETF, anticipating further upside in the precious metals space.

Since April 4, 2025, we’ve seen some dramatic moves:

  • 20-year Treasury Bonds have dropped 6.4%
  • The U.S. dollar is down 2.9%
  • The Swiss Franc is up 8.4%
  • The Euro has gained 5.2%

These are significant moves, especially for currencies typically known for their stability. This may indicate that China is selling U.S. debt in response to the 145% Trump tariffs. If that’s the case, big money is shifting away from America, seeking new trade partners for their goods.

If these tariffs remain in place, prices in the U.S. could continue to rise, contributing to tariff-driven inflation. That means Trump may need to find ways to stimulate economic growth to offset rising costs.

The Federal Reserve is in a tough spot. If they lower rates or increase the money supply, it could worsen inflation. Between September 16, 2024, and January 13, 2025—just 81 market days—the Fed cut the Fed Funds Rate by 100bps (18.6%), but the 10-year Treasury yield rose 110bps (32%). That’s a clear message from the bond market: don’t fight inflation with rate cuts.

The bond market is massive, and it’s signaling concerns. With $9 trillion of the $37 trillion U.S. national debt due for refinancing this year, bond investors are demanding higher yields. Currently, interest payments on our debt are around $3 billion/day, but tariff revenue only brings in about $2 billion—a big gap to close. Maybe Trump will start looking at creative options like privatizing national parks to raise cash.

On the bright side, key tech items—smartphones, servers, chips, solar panels, and TVs—were exempted from the 145% Chinese tariffs. That could offer some relief for markets in the short term.

I’m watching for a Follow-Through Day (FTD), a 1% index gain on higher volume, at least four days after a rally attempt. While not a green light to go all in, it’s a strong signal that institutional investors may be returning to growth stocks. Once we get that, I’ll turn to my watch list (below) for potential buys.

Despite all the uncertainty, we’re on the verge of a great opportunity. When the time is right, I’ll be ready.      Grace & Peace to You and Your Loved Ones!

Watch List: ADMA, BOW, BRBR, EAT, EHC, GEV, IBN, LOAR, LRN, PAAS, PLMR, PLTR, ROL, RYAN, SFM, SKWD, TGTX, TKO, WGS.

Those who trust in the Lord will renew their strength; they will soar on wings like eagles; they will run and not become weary; they will walk and not faint. Isaiah 40:31

If you know anyone who would like to receive these updates or invest with me, please Email or call me. 

Dexter Lyons, Portfolio Manager
337-983-0676,
ChristianMoneyBlog.net
100% BRI, Honoring God with Our Investments!
Actively Managing Risk
Since 1990!    

04-06-25 Cash is King!

Cash is King!

Check out this brief YouTube interview for my latest insights on the market!

Last week, I sold my gold (15%) and silver (10%) ETFs. The market wasn’t rewarding me for taking risk, so I moved to 100% cash and await a Follow-Through Day (FTD). An FTD typically occurs four days after a market bottom when the S&P 500 or NASDAQ jumps by at least 1.2% on higher volume. This is often a sign that institutional money is moving back in, which could signal the start of an uptrend. Institutions and hedge funds have the resources to hire top analysts, so I prefer to follow smart money as they create trends with their consistent buying. While it may take some time for bases and trends to form, I remain disciplined and patient.

The S&P 500 is down 13.4% YTD, and the NASDAQ has dropped 19.2%. I anticipate more capitulation selling this week, as investors trying to “buy the dip” may catch a falling knife. However, a substantial buying opportunity will emerge once the selling pressure subsides. We must wait for the dust to settle before re-entering the market.

The market is still grappling with the economic effects of the retaliatory tariff war, and it seems the Fed is considering a rate cut in June. However, the Fed knows this could spark inflation without encouraging growth, leading to stagflation. With limited tools to handle a stagflationary environment, we could be stuck in a high-risk, low-reward environment longer than anticipated.

Last Friday’s jobs report showed the economy added 228,000 new jobs, nearly double the expected 130,000. While that’s positive news, it might not be enough to ease concerns about the US’s financial strategy and its attempts to alter global trade. Meanwhile, Congress hasn’t yet passed a measure to keep the government running. Could we be facing a US debt downgrade soon?

If tariffs continue to escalate, we might witness a global economic restructuring as international trade is redefined. Interestingly, $100 in gold is more efficient than $100 in cash, as gold is a better way to transfer value physically—especially considering the US no longer issues bills larger than $100.

Trump’s “Liberation Day” of reciprocal tariffs ended up being an obliteration for many stocks, which were hammered by tariff uncertainty and widespread selling. Consumer confidence took a hit, and investor sentiment plummeted. The market could see more selling Monday as futures point to a 5% drop. Grace & Peace to You and Your Loved Ones!

Watch List: ADMA, ATGE, BOW, CALM, CBOE, CPRX, CVCO, EAT, HMY, IBN, LRN, MRX, OPCH, PHYS, PFSI, PLMR, PRMB, RGLD, SFM, TGTX.

So that being justified by his grace, we might become heirs according to the hope of eternal life. Titus 3:7

If you know anyone who would like to receive these updates or invest with me, please Email or call me.

Dexter Lyons, Portfolio Manager
337-983-0676,
ChristianMoneyBlog.net
100% BRI, Honoring God with Our Investments!
Actively Managing Risk
Since 1990!   

    

03-30-25 Risk Off, Tariff Wars = Defense!

Risk Off, Tariff Wars = Defense!

The S&P 500 and NASDAQ recently tested their resistance levels at the 200-day moving average (DMA) before returning to key support levels on Friday. If these support levels fail to hold, we may see capitulation selling, driving the market down another 3% to 8% as it tests the following levels of support. The S&P 500 is down 4.9% year-to-date (YTD), and the NASDAQ is down 10.3% YTD, suggesting that we may already be in a recession or bear market. The market hates uncertainty, and a tariff war that spirals into a recession is a real possibility. However, even in this challenging environment, there are opportunities for profit, such as in gold, silver, and ETFs that short the indexes.

I maintain a 25% risk-off position, with 15% in a gold ETF and 10% in a silver ETF. These ETFs are backed by physical gold and silver stored in vaults for every share issued. I view gold and silver as a hedge against the inflation caused by the Federal Reserve’s money printing, which erodes the purchasing power of fiat currency—money created from thin air and not backed by tangible assets.

Global central banks are stockpiling physical gold in preparation for a new, gold-backed currency. Gold is currently at an all-time high, trading at $3,086 per ounce, and I expect its price to climb even higher as the Fed continues to print more fiat money to finance the nation’s debt and deficits. Cryptocurrencies, like fiat currencies, are ultimately backed by nothing and created out of thin air, much like our nation’s trillions of dollars in debt. The Federal Reserve is creating inflation to devalue $37 trillion in debt, as it is impossible to repay that amount with today’s dollars. This is why they’ll continue to print more fiat currency, essentially repaying debt with devalued, cheaper dollars. Throughout history, every fiat currency has been destroyed by governments printing too much money too quickly, and the US dollar won’t be an exception. When paper money loses value, people turn to hard assets like gold. My highest conviction trade remains physical gold.

In the early 1900s, Charles Ponzi promised investors high returns through postal reply coupons but instead used new investor money to pay earlier investors. Do you think the Federal Reserve and Social Security system is essentially a giant Ponzi scheme, where profits are paid to earlier investors using funds from newer ones?

The stock market is increasingly focused on rising inflation and declining consumer sentiment, signaling concerns of a potential economic slowdown. In this environment, gold continues to shine. In 1913, the national debt was only 8% of GDP, but today, it has ballooned to 140%, growing by nearly 8% annually. According to Moody’s Analytics, the top 10% of Americans, mostly Baby Boomers, accounted for 36% of consumer spending 30 years ago, but that figure has now risen to 50%. In 2024, Baby Boomers increased their spending by 12%, while the other 90% of Americans spent less. This is a classic example of a K-shaped economy, where the wealthy prosper while everyone else struggles. Over the past four years under Biden, spending by the bottom 80% of Americans remained flat, while the rich increased spending by nearly a third. If Boomers reduce spending and increase savings due to uncertainty, we could see less economic growth and higher inflation, leading to stagflation. The Fed can’t bail us out of stagflation like it did in past crises, so it’s crucial to adopt a defensive strategy and prepare for what’s ahead.

Get to know the One who created you, and seek His Wisdom. Wishing you the best returns. Grace and peace!

Watch List: ADMA, AHR, ATGE, ATRO, CPK, CPRX, CRK, EHC, EVER, ETR, FMS, GOLD, HEI, OLLI, OPCH, PAGP, NEM, PAA, PHYS, PSLV, RGLD, RYAN, SE, SKWD, TGTX, TW, WELL.

The Lord gives Wisdom; from his mouth comes knowledge and understanding. Proverbs 2:6

If you know anyone who would like to receive these updates or invest in my Fund, please Email or call me.

Dexter Lyons, Portfolio Manager
337-983-0676,
ChristianMoneyBlog.net
100% BRI, Honoring God with Our Investments!
Actively Managing Risk
Since 1990!
 

03-23-25 Bearish Sentiment & Tariff Uncertainty

There is ongoing uncertainty regarding how tariffs will affect corporate earnings, leading to a generally bearish sentiment among investors (AAII 58%). The S&P 500 and NASDAQ are trading below their 200-day moving averages, indicating a higher-risk market environment. Effective risk management is critical for long-term financial success, and I am not willing to risk my savings on the belief that the market will always rise. My focus is on managing risk to avoid potentially life-altering losses. Ultimately, only God knows what the future holds, and I seek His guidance daily, trusting in His wisdom. When the market rewards me, I stay invested, but I hedge or sell when risks are high. I take full responsibility for my investments, knowing no one cares about my money more than I do. All my investable assets are in my Fund, and if you’d like me to manage your money as I do my own, consider investing in my Fund to share the same returns.

My portfolio comprises 15% in a gold ETF that holds physical gold, two gold stocks (5% each), and one software stock (1%), showing strong earnings and sales growth with solid charts. The once-popular “Mag 7” stocks have now become the “Lag 7” as large investors pull back. I believe the market will find a bottom once analysts gain more clarity on the effects of tariffs. Gold could serve as an early signal that inflation is rising while the economy slows (stagflation).

Fed Chairman Jay Powell has stated that tariff-induced price increases will be “transitory,” which could be an attempt to use tariffs as a scapegoat for inflation. Quantitative Tightening (QT) will slow from $25 billion to $5 billion monthly starting in April, with Powell forecasting two more rate cuts this year. The Fed has already reduced its COVID-era balance sheet by 25%, from $9 trillion in April 2022 to $6.7 trillion. Powell plans to allow mortgage bonds to “roll off” and purchase Treasuries, signaling a return to quantitative easing (QE). With $28 trillion of the $36 trillion national debt maturing in the next four years, the Fed is preparing to buy more Treasuries to support the bond market as global confidence in America’s ability to repay its debts wanes. As central banks grow more concerned about America’s high debt-to-GDP ratio (over 120%), they increasingly turn to gold, reflecting a broader loss of faith in fiat currencies. Gold is now at an all-time high ($3,025/oz), while the dollar has lost 98% of its purchasing power since Nixon took us off the gold standard in 1971. The Fed creates money and credit out of thin air, leading to inflation and rising prices that seldom decrease. Growth stocks with accelerating earnings and sales may offer some protection against inflation.

Fiat money, which relies on government taxation and debt repayment, is inherently fragile. History has shown that all fiat systems eventually collapse, and nations with the most gold will likely have the most trusted and resilient currencies. I believe the collapse of the fiat system is likely to occur within the next 10 years, so I prioritize risk management to protect my assets from potentially life-altering losses. Wishing you the best returns. Grace & Peace!

If anyone lacks wisdom, ask God, who gives to all generously and without reproach. James 1:5

If you know anyone who would like to receive these updates or invest in my Fund, please Email or call me.

Dexter Lyons, Portfolio Manager
337-983-0676,
ChristianMoneyBlog.net
100% BRI, Honoring God with Our Investments!
Actively Managing Risk
Since 1990!
 

03-16-25 Tariff Concerns!

Friday’s rebound was driven mainly by Congress avoiding a government shutdown, which could have added more uncertainty to an already jittery market. However, tariff wars continue to weigh on the markets and persist until analysts can better gauge how reciprocal tariffs may affect future earnings. Investors are seeking safe havens, and gold has been a primary beneficiary. I hold a 15% position in a gold ETF, with the remainder in cash, waiting for a Follow Through Day (FTD).

FTDs can happen four days after a market bottom if a major index closes 1% higher on increased volume. An FTD signals that significant money is flowing back into the market, and I’ll be ready to buy stocks at their pivot points when that happens. Risk management is crucial during corrections. The S&P 500 dropped 10% from February 19, 2025, to March 13, 2025, officially entering a correction. The NASDAQ 100, Russell 2000, and OTC indices experienced greater declines than the S&P 500. The S&P 500 is down 4% year-to-date, so it’s important to be cautious.

The AAII Bear indicator has been over 55% for three consecutive weeks, a pattern that has only been observed once before—on March 4, 2009, which marked a market low. Friday could have been a market bottom, but we need more time to confirm. Junk bonds are performing positively this year, suggesting this could be a minor correction, but risk management remains key.

Inflation is cooling, allowing the Fed to cut rates, potentially boosting stock prices. Hedge funds have been more leveraged long in U.S. equities than at any point in the last five years, with Commodity Trading Advisors (CTAs) almost 300% leveraged in stocks, which contributed to the 2024 rally. Traders were essentially “pulling forward” gains based on strong earnings expected in 2025. However, the “Deep Seek Black Swan” event has led companies to adjust their AI spending, and analysts are revising earnings expectations, signaling that we may be nearing more certainty than last week. The market struggles with uncertainty and is already discounting future earnings, which impacts stock prices. Stocks with great fundamentals without the technicals are not actionable; patience and discipline win. Grace & Peace!

Love each other, just as I (Jesus) have loved you. John 13:34

If you know anyone who would like to receive these updates or invest in my Fund, please Email or call me.

Dexter Lyons, Portfolio Manager
337-983-0676,
ChristianMoneyBlog.net
Actively Managing Risk Since 1990!

03-09-25 Defense & Uncertainty!

The S&P 500 fell below its 200-day moving average (DMA) but bounced back above it on Friday, signaling support from institutional investors. The last two times the index tested this level were August 9, 2024, and November 3, 2023. It’s crucial that the S&P holds this key support level, or the market could face more significant challenges. Uncertainty is the market’s enemy, and escalating trade wars and tariffs could lead to slower growth and rising inflation—potentially resulting in stagflation. Tariffs will likely drive up costs across all goods and services, further fueling inflation expectations, which could ultimately hurt corporate earnings. Playing defense may be the best strategy to minimize losses in a bear market.

Many stock charts have broken down, and they will take time to repair. According to Investor’s Business Daily (IBD), we need a Follow Through Day (FTD) before considering new buys. An FTD occurs when the market rallies more than 1% on higher volume, four days after an up day, making Wednesday the earliest potential day to buy. However, I don’t see many stocks in favorable buying zones besides defensive stocks, which isn’t a bullish sign. I moved to all-cash (defensive) on February 21, 2025, and will wait for an FTD before re-entering the market.

On the global stage, Trump recently criticized Europe and Germany for not investing enough in defense and suggested the U.S. might pull out of NATO, leaving Europe to fend for itself. The European Central Bank (ECB) can’t monetize debt through asset purchases while inflation remains above target. Germany will likely need to tap into global credit markets, increasing competition for U.S. Treasuries, especially now that it may need to offer higher yields to attract investors. This dynamic caused a 3.5% drop in the dollar last week, as German yields surged due to increased government borrowing to finance military support for Ukraine. The higher yields on German bonds also led the Euro to rise 4.4% as investors sought higher returns in European currencies.

On Friday, the Atlanta Fed’s GDP growth estimate plummeted from 2.3% to a negative 1.5%, signaling the possibility of a recession that may have begun weeks before Trump took office. Consumer spending is declining, and the savings rate is increasing. In times like this, the risk isn’t worth the potential reward, so it’s better to step aside, wait for a solid market bottom, and watch for stocks to break out from sound bases.

Sin will have no dominion over you, since you are not under law but under grace. Romans 6:14

If you know anyone who would like to receive these Updates or invest in my Fund, please Email or call me.

Dexter Lyons, Portfolio Manager
337-983-0676  Dexter@ChristianMoneyBlog.net
Active Risk Management, CANSLIM Investing
ChristianMoneyBlog.net