Market Update: 09-19-22

Please Don’t Fight the Fed/Fundamentals!   The Issachar Fund is comfortable in Cash, 100%! In a Bear Market, almost all stocks eventually succumb to the selling pressure; therefore, I chose to sit patiently on my hands. However, I am stalking junk bonds and emerging markets on the short side. I have seen bear markets like this …

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Market Update: 09-06-22

Powell Plummet Persists! The Issachar Fund is about 10% invested and very concerned! Junk bonds sliced through their 50-day moving average after Powell’s scary inflation talk two Fridays ago. The S&P 500 index rallied into its 50-day moving average on Friday and quickly reversed lower on heavy volume, a sign of distribution. I believe the …

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Market Update: 08-29-22

Powell Plummet!   The Issachar Fund is about 67% invested and concerned! Junk bonds are trading below their 50-day moving average, indicating investors have lost their risk appetite and the market may be headed lower. I added a small junk bond short ETF as a hedge against further stock declines. Issachar owns stocks in the oil, …

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Market Update: 08-22-22

 Time to Hold, But!   The Issachar Fund is about 67% invested, but indexes are weak! The Russel 2000 index of small-cap stocks broke out above its 200-day moving average (DMA) two Fridays ago, and it looked like the S&P 500 index of large-cap stocks would follow suit after $1 trillion of new spending was passed. …

Market Update: 08-22-22 Read More »

Market Update: 08-08-22

The Issachar Fund is about 23% invested in fundamentally and technically sound stocks in the top sectors. The over-bought S&P 500 index is up over 13% since the 6/16/22 bottom; looking for an excuse to correct, but it has not found one yet. The employment report came out Friday better than expected, with more jobs …

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Market update: 08-01-22

The Issachar Fund is sitting patiently in Cash, waiting for lower-risk opportunities. The S&P 500 index dropped nearly -12% from 6/7/22 to 6/16/22 (7 days), then rallied about 12% (29 days) into the 4,177-congestion area of resistance on Friday. The NASDAQ 100 rallied past tight double-top congestion areas on below-average volume, so I expect these …

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