Market Update: 11-11-19

The Issachar Fund (LIONX), is about 40% invested in stocks and looking for more opportunities!  The major stock indexes have now all broke out above their ceilings of resistance.  That trend break-out confirmed what I needed to do and gave me the conviction to get invested.  We had been in a wide trading range for the last six...

Market Update: 11-04-19

The Issachar Fund (LIONX), is Defensively positioned but that could change very soon!  I made no changes last week, but I expect to get back in the game shortly.  The Fed cut rates ¼ point last Wednesday as expected and the unemployment numbers came in better than expected on Friday.  GDP growth came in at a 1.9% annualized rate...

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...