Market Update: 05-16-22

Bear Bounce! The Issachar Fund remains patiently in Cash! On Friday, the market rallied strongly after several weekly declines forcing short sellers to cover their beaten-down NASDAQ stocks. I have not seen anything that fundamentally changed the economic outlook of higher inflation and rising rates; therefore, I call it a bear market bounce...

Market Update: 05-09-22

Still on Defense! The Issachar Fund remains in Cash as of April 21, 2022! The Fed raised rates 50-bps on Wednesday, and the market blasted higher after Powell said a 75-bps hike in June is off the table. However, the sellers overwhelmed buyers and erased gains to end last week again in the red. This is a good time to play defense until the...

Market Update: 05-02-22

Cash is King!     The Issachar Fund is 100% in Cash as of April 21, 2022! I believe there are times to go on offense when the market is rewarding risk-takers, and there are times such as now to sit patiently on defense. I also believe that preserving assets and mental capital in a bear market is key to achieving your long-term financial...

Market Update: 04-25-22

On Defense!  The Issachar Fund is 100% in Cash! Powell said taming inflation is “absolutely essential,” and a 50-basis point hike was possible for their May 4th meeting. The S&P 500 index dropped -1.5% on Thursday and -2.7% on Friday, and it is down over 10% YTD. Our sell-stops were triggered, so we went to an all-cash position on...

Market Update: 04-18-22

Alternative Investing    The Issachar Fund is about 50% invested primarily in aerospace, agriculture, energy, and utility stocks. My conviction level increased in the energy sector, so I added exposure to a few stocks with great fundamentals and technically strong chart patterns. Biden suspended oil and gas leases in January 2021, but a...

Market Update: 04-11-22

Alternative Investing!     The Issachar Fund is about 35% invested primarily in agriculture, energy, and utility stocks! The market is trying to position itself ahead of higher inflation, slower growth, and a less accommodative Fed, so they came after the chips, transportation, and higher P/E growth stocks last week. The...