Market Update: 10-28-19

The Issachar Fund (LIONX), is Defensively positioned in Cash except for one small 3% stock position.  My junk bond average Risk On/Off indicator is still flashing “Risk On”.  However, the junk bond average seems to be up against a strong ceiling of resistance.  My “buy right” discipline has me cautiously waiting for what...

Market Update: 10-21-19

The Issachar Fund (LIONX), is in a Defensive Cash position patiently waiting for our next opportunity.  I did not make any changes last week as the market could not muster enough momentum/catalyst to break out about above the July and September highs of resistance. The market looks “toppy” here and I do not see a catalyst to move us past...

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...