The Issachar Fund (LIONX), is still in Cash as of 3/8/20, but I see incredible opportunity in the making! While it was hard to see what could go wrong when LIONX was last fully invested on February 19, I believe one must always be ready to sell positions if risk rises and one’s “line in the sand” is crossed. I am an optimist at...
Market Update: 03-02-20
The Issachar Fund (LIONX), is 100% in Cash as of 3/1/20! As previously discussed, I heeded the “red flags” and sold all positions including our muni bond ETFs. The coronavirus fears have spread faster than anticipated and fear has trumped greed. The S&P 500 Index has declined every day losing -12.70% in the last 7-days of...
Market Update: 02-24-20
The Issachar Fund (LIONX), is about 60% invested in a diverse group of leading growth stocks and about 50% in Muni Bond ETFs. I sold the 30% hedge (short) tech position last Tuesday and the market peaked on Wednesday. Since Wednesday, technology has fallen about 2.8% so the market is in a minor pullback which could result in a deeper...
Market Update: 02-18-20
The Issachar Fund (LIONX), is about 99% invested in a diverse group of leading growth stocks, about 50% in Muni Bond ETFs and about 30% Short Technology. I purchased more stocks and muni bonds and put on a hedge (30% short) seeking to limit some downside risk should the market turn south on escalating coronavirus fears. If the...
Market Update: 02-10-20
Here is a revised link to My Strategy. The Issachar Fund (LIONX), is about 80% invested in a diverse group of leading growth stocks and about 40% in Muni Bond ETFs. I covered the Short “hedge” position last Monday as China and the Fed opened their spigots of QE amid escalating coronavirus fears. The flood of new money helped the...
Market Update: 02-03-20
The Issachar Fund (LIONX), is about 40% invested in a diverse group of 21 Leading growth stocks hedged with a 35% SHORT in a Large-Mid Cap Value Index. In theory, we are about 5% net long stocks going into Monday. The market took a little wind out of our sails this past week as the corona virus infected the stock market. Some...