Market Update: 02-22-22

Don’t Fight the Trend!    The Issachar Fund remains 100% in Cash! The trend is down, and it appears the S&P 500 Index is headed lower to test the next level of support at the January 27 low. If this low does not hold, I expect the index will fall past the 10% correction level and bring many of the oil and gas leading stocks down with it...

Market Update: 02-14-22

Subject: Don’t Fight the Fed!     The Issachar Fund is still 100% in Cash! All the major indexes are trading back below their 200-day moving averages, indicating higher risk. Historically, the Fed tends to deliver what the bond market asks if it asks loudly. Treasury yields are rising fast, indicating that inflation is...

Market Update: 02-07-22

The Issachar Fund is still 100% in Cash! All the major indexes are trading below their 50-day moving averages, indicating a higher risk environment. The junk bond market tells us that investors may have lost their risk appetite. The 30-year Fed Rate mortgage went from 3.11% to 3.55% this year! That equates to a 14% increase in a 30-year mortgage...

Market Update: 01-31-22

Counter Rally!  The Issachar Fund is 100% in Cash! The S&P 500 index rallied into its 200-day moving average on Friday to finish the week up about one-half percent but still down about -7% for the year. I believe this could be a counter-rally that may last a few days to squeeze the out short-sellers, then we could see another round of...

Market Update: 01-24-22

The Issachar Fund is 100% in Cash! All major indexes are now trading below their 200-day moving averages on higher volume, which tells me that risk has shifted into high gear. I believe the market may be discounting a potential Fed rate increase which could slow economic growth/inflation. The Fed created the inflation they are now trying to tame...

Market Update: 01-18-22

Subject:   Cash is a Good Position!     The Issachar Fund is 100% in Cash! The market is in correction mode while all major indexes are trending down and trading below their 50-day moving averages. It is hard to get buy conviction when the index and junk bond flags flash red. Historically, I have found it more...