Santa Rally! The Issachar Fund is 30% invested in growth stocks and Muni bond ETFs! Powell confirmed what everyone was thinking. He said small rate hikes are likely ahead and could come as soon as this month. However, Powell also said monetary policy will still be restrictive until the Fed sees real signs of lower inflation. The S&P 500...
Market Update: 11-28-22
Hitting Resistance! The Issachar Fund is 30% invested in 17 growth stocks! Most of our stocks are in energy since that is where I am finding opportunities for continued growth. While oil is in a downtrend, energy stocks are trending higher, and I believe oil prices will soon play catchup. Biden has been releasing oil from our strategic...
Market Update: 11-21-22
Holding Tight! The Issachar Fund is 27% invested in 15 (mainly energy) growth stocks! Issachar finished slightly higher last week as I added a few more growth stocks to our portfolio. Oil and gas prices dropped and bounced off support, but energy stocks showed resilience by holding tight and not falling in sync with oil and gas. Oil and gas...
Market Update: 11-14-22
Junk off the Bottom! The Issachar Fund is 20% invested in 10 (mainly energy) growth stocks! Stocks hit disciplined sell triggers Wednesday as the market dipped below its 50 DMA right before the surprise lower 7.7% inflation report on Thursday. The market took the weaker inflation print to mean the Fed may “pivot” and slow its aggressive rate...
Market Update: 11-07-22
New Leadership! The Issachar Fund is 35% invested in 23 growth stocks! I purchased stocks with accelerating earnings/sales with raised estimates coming out of sound technical chart patterns and sold stocks that triggered my sell stops. The market fell hard on Powell’s comments to kill inflation on Wednesday but recovered nicely by Friday. I...
Market Update: 10-31-22
Red Wave Bottom! The Issachar Fund is 25% invested in 22 growth stocks! The market may have bottomed on 10/13/22 as investors anticipate a “red wave” in the House and Senate races come November 8th. I sold all shorts and the dollar and went long fundamentally strong growth stocks breaking out of sound base chart patterns. The indexes...