Market Update: 10-14-19

The Issachar Fund (LIONX), is in Cash patiently waiting for our next opportunity.  I sold all of the bond positions from the fund portfolio as the 20-year treasury bond dropped about 3.8% last week which caused yields to shoot higher.  The 10-year treasury yields made a higher low on October 4th (new up-trend?) and yields are approaching...

Market Update: 10-07-19

The Issachar Fund (LIONX), is fully invested in Bond ETFs.  I added to our bond positions (international, munis and short-term corporates) last week as they seem to have caught a bid while stock indexes dropped about 3% into Wednesday then rallied about 2% into Friday.  Stocks have been trapped in a volatile trading range between the...

Market Update: 09-30-19

The Issachar Fund (LIONX), is about 80% invested in Bond and Preferred ETFs.  I reduced exposure last week as some of our positions seem to have run out of gas.  Gold fell hard mainly due to a strong dollar.  The dollar rallied mostly because the Euro and Yen dropped as their economic growth prospects dwindled further.  LIONX...

Market Update: 09-23-19

The Issachar Fund (LIONX), is fully invested in Bond and Preferred ETFs and a Gold Mutual Fund.  The yield on the 10-year Treasury Bond peaked on 9/13/19 as it bumped up against its down trending line of resistance and has traded lower since.  This down trend in yields started in November 2018 which was right around the time the...

Market Update: 09-16-19

The Issachar Fund (LIONX), is essentially in CASH until the dust settles!  All positions were under pressure last week as rates rose, so I liquidated all bond exposure.  The long-term treasury bond dropped over 6% last week as the market digests a potentially less-dovish (lower rates) Fed.  I believe the market was expecting the Fed...

Market Update: 09-09-19

The Issachar Fund (LIONX), is fully invested in Muni Bonds, Mortgage Bonds, International Bonds and Gold.  I reduced our bond exposure last week due to a spike in rates which caused our bond positions to decline in value.  I did not sell our gold position, but it is on my sell “watch” list in case I am wrong.  I was expecting...