Market Update: 04-04-22

Wait and See!   The Issachar Fund is about 65% invested mainly in agriculture, energy, metals, mining, and transportation stocks! I sold a few stocks in the chip space that did not meet my expectations and did not find anything compelling to buy last week. The market is in a “wait and see” mode looking for a catalyst to take it...

Market Update: 03-28-22

Grinding Higher!    The Issachar Fund is “back in the black,” with about 70% invested mainly in agriculture, chips, energy, medical, metal, mining, and transportation stocks! The major indexes have been steadily grinding higher since the March 14th low above their 50-day moving averages, albeit on lower volume. This week, I expect...

Market Update: 03-21-22

Powell, the Magician!    The Issachar Fund is about 25% invested mainly in energy, agriculture, and transportation stocks! The S&P 500 Index rallied strongly for the last four days into resistance at the 200-day moving average, so I would not be surprised to see some profit-taking. The beaten-down stocks hit the hardest in...

Market Update: 03-14-22

Index Downtrend Continues!   The Issachar Fund is about 50% invested and looking good in 2022! I took some profits in a few stocks that reached our 20% profit goal and purchased 20% more stocks that met my criteria. Fundamentally, I look for stocks with accelerating earnings and sales and double-digit earnings estimates for next...

Market Update: 03-07-22

Stagflation Arrives!    The Issachar Fund is about 30% invested in energy-related stocks, and we are off to a good start in 2022! While the major indexes trade in correction (-10%) territory, there seems to be a bull market in the energy and commodity space. The world is seemingly turning on Russia due to their invasion of Ukraine as Putin...

Market Update: 02-28-22

Downtrend Remains!     The Issachar Fund is in Cash, 100%! The market rallied up on Thursday and Friday from an oversold condition into a downtrend line, so I expect the market to head lower at this line of resistance. The economic outlook nor the fundamentals have significantly changed to say the bottom was made last Wednesday. Oil prices...