Biblical Stock Market Updates

Issachar is invested in growth stocks that should benefit from a faster-growing economy as America returns to work.  The inflation trade seems to be in focus as the dollar continues to decline.  The reopen/recovery stocks appear to be under accumulation, and that is where I see opportunity.  If I am wrong, I do not plan to stay there.  I plan to adjust the sails and let the wind steer us in the right direction.  Of course, God controls the wind, so I follow Him above everything!  

Issachar is less invested than the prior week as price action after earnings announcements are not very encouraging.  The major indexes are near all-time highs, but the action below the surface has me concerned.  We may be setting up for a correction or a minor pullback.  I am patiently waiting for proper buy points before taking any new positions, but they are hard to find.  Patience is a Fruit of the Spirit, so I wait. 

Growth seems to be in favor, so that is where we are invested.  Earnings are coming in better than expected for the most part, and I am encouraged.  Issachar stocks are fundamentally strong, with accelerating earnings and sales exhibiting sound chart patterns of institutional accumulation giving me great conviction.  I believe we could be entering a more favorable period where growth stock investors are rewarded for taking risk.  However, I rely on God’s Wisdom to keep us out of harm’s way and steer us in the right direction.      

The Fed stepped on the gas last week by creating more money to buy more bonds.  When the Fed buys huge amounts of bonds with newly created money, rates tend to fall, and stocks tend to rise.  The economy also benefits from the Fed’s balance sheet expansion project, so it seems like the market and economy are firing on all cylinders.  This year has been marked with stocks rotating from one sector to another, but that could be changing to favor our growth stock picking discipline.  I plan to enjoy the ride while it lasts because it will not last forever.  The only thing that lasts forever is God’s Word.   

Growth may be under accumulation, taking the lead, and value may take a rest.  I continue to find what I believe are best-of-breed stocks with accelerating earning, and sales and the future looks bright for growth, in my opinion.  I expect 1st quarter earnings to come in better than expected, and I believe the tide could rise and lift many of our boats.  If I am wrong, I rely on God’s Wisdom to do what is right.    

I like what I see in the market, and I am repositioning Issachar to take advantage of the opportunities that I am anticipating.  1st quarter earnings should come in better than expected due to the excess liquidity that has been pumped into the system, and I believe stock prices should respond favorably.  I certainly hope you had a Happy Easter because Jesus is alive in us, and that is Good News!     

Issachar is lightly invested, and I plan to buy more stocks this week if the market does what I expect.  I have a process for letting stocks pull me in and push me out, and it has served us well by avoiding the significant declines and capturing the uptrends.  I believe the big-cap growth stocks will continue to underperform the small-cap value/cyclical stocks, so that is where I am focused.  Many "pent up demand" stocks are poised to advance, so this is an exciting time to be investing. May God's peace fill your heart!       

: Issachar is 75% invested in cyclical and small-cap stocks with accelerating earnings and sales that appear to be under institutional accumulation.  I believe we just experienced a technical correction, but the fundamentals and new money creation should help to bid up stock prices.  Yields are still rising, and it has not derailed the stock market, but it could if the rate of increase accelerates.  If the market responds positively to the excess liquidity that was newly printed, I expect to increase exposure.  I plan to let stocks pull me in as prices rise and push me out as stops are hit.  If the market thinks the Democrat proposed higher taxes and increased regulation will kill the economic recovery, stocks could fall into a steep correction.  However, I believe the excess liquidity will boost stock prices, and the uptrend will resume, so I am positioned accordingly.  If I am wrong, I will do my best not to stay that way.  I continually pray that God’s Wisdom would steer us in the right direction and away from danger.      

Issachar is 95% invested in cyclical and small-cap names as they appear to be under institutional accumulation.  The “stay at home” tech stocks seem to be breaking down while the “real economy” stocks appear to be breaking out, so that is where we will stay as long as we feel welcome.  If the Democrats keep passing pork-barreled spending bills without Republican support, we may get to a breaking point in the market before the 2022 elections.  The wind is at our back for now, and I expect smooth sailing ahead.  However, may God help us if the dollar starts to free-fall.  I believe that it is only by the Grace and Love of God that America is still a beacon of hope.  Thank You, Jesus!     

Issachar is in cash, but that could change quickly if the bottom on Friday holds and institutions continue buying. When institutional money moves in and out of the market, they show their hand by leaving big volume footprints.  I believe the big boys have been selling last year's winners and buying cyclical stocks based on a robust economic recovery expectation.  Once the COVID “fear” runs out of steam and Americans get back to “normal,” I expect the economy could zoom higher as $2 trillion finds a happy home. I believe the correction could be over, and a new breed of stocks could lead us higher.  The Bible tells us that fear is not from God, so fear not!          

Risk has been rising, so I reduced exposure to stay in step with the market.  The short-term trend is down, and we could slide further unless the Fed steps on the gas of liquidity creation.  The $1.9 trillion stimulus bill should be good for the stock market and maybe not so good for the bond market.  Either way, I will take my cues from the charts and follow my discipline seeking to avoid life-changing losses.  If the market heads higher, I plan to quickly get in sync with the trend.  Sometimes it is easy to make money, and other times it is hard not to lose it.  However, my faith is in Jesus, and I trust that God is still on the throne of Grace, working all things for our good.  I pray that you would see God’s hand of blessing today.   

Issachar is fully invested and doing well.  Growth stocks took a breather last week and might be ready to run higher along with the cyclical/value stocks (basic materials, machines, finance, etc.) that seem to be under accumulation.  I am encouraged to see a bit of rotation into the cyclicals as this may confirm this bull may have more room to run higher.  Cyclicals are at the top of my buy list as new money flows into Issachar.  So, Thank You for adding to your account and trusting me to steward your assets.  I believe the Fed has our back, which adds to my conviction level as I find new inventory to buy.  I trust that God is giving me the wisdom to manage His fund in a way that brings Glory to His Name.  God is Truth, and He will never leave us because He loves us unconditionally!  I pray this gives you peace.            

Stocks have been in an uptrend, and I do not see that trend reversing any time soon.  If the trend reverses, I will do my best to lock in some gains and avoid life-changing losses.  Stocks with accelerating sales and earnings still appear to be under institutional accumulation, so that is where we are invested for now.  The Fed continues to have our back, and I do not see that changing any time soon.  However, my faith is in Jesus, and I trust that my Father is working all things for my good no matter what happens around me.  I pray that you experience the Love and Grace of The Father today.       

My perception of higher risk has subsided, and growth stocks are being accumulated, so Issachar is fully invested.  I am still finding stocks with accelerating sales and earnings displaying sound chart patterns, so the timing feels right, and the potential for more gains is promising.  I believe it is not too late to join the party, and there still may be room to run in this aging bull market.  However, if the character of the market changes, I plan to stick to my discipline seeking to maximize our profits and avoid life-changing losses.  I take my cues from the market and rely on the Wisdom of God to make all decisions.  I pray God’s Grace & Peace on you and your loved ones forever. 

Risk has been rising, and the market has come under heavy selling pressure, so cash has been a good place to be.  Short selling and short covering have caused a lot of volatility recently, so maybe it will take a little more time before the uptrend can resume.  However, I am carefully observing the markets and will do what is necessary, seeking to maintain our edge over the indexes.  The lights started coming on last week, so maybe it is time to leave the party before everyone rushes for the exits.  When I am stuck and don’t know what to do, I ask God for Wisdom, and He always provides.  May God’s Grace & Peace be with you today!       

Growth still appears to be in favor, and LIONX is being rewarded for taking risk, so I am an optimistic bull today!  I do not see any signs of an imminent decline, but that could change tomorrow, and I reserve the right to change my opinion.  The Fed has stepped on the gas of liquidity, and some of that new money is finding its way into our growth stocks.  The chart patterns are improving, and it feels like the market wants to continue trending higher.  The junk bond uptrend is telling me that investors still have an appetite for risk.  The major indexes are stretched from their averages, but I believe they can stretch a little more before they break.  Gold and Bitcoin do NOT look attractive to me.  No one knows how long the bull market party will last, so let’s continue to dance and have fun; however, we will always dance close to the door.  I plan to leave the party before the lights come on.  Jesus is the Light of the world!  God is Love, His Grace is sufficient, and His Mercies are new every day!  I pray you have a Blessed Day!         

I believe LIONX performed well in 2020, and I am optimistically bullish for 2021. Thank you for helping me grow LIONX assets from $11 million on 12/31/19 to over $50 million today.  Leading growth stocks are acting well with minor amounts of distribution, which tells me that the bull still appears to be in charge.  When the leaders start lagging, I plan to sell or hedge positions, seeking to avoid life-changing losses.  The dollar continues to slide while Bitcoin breaks record highs as we continue to spend and borrow money, we do not have without any plans to pay it back.  I believe the Fed holds the key to this bull market in stocks.  If the Fed changes from an expanding balance sheet policy to one of contraction, that could signal the bull's end and the beginning of a bear.    For now, growth stocks are leading, and liquidity is strong, so I am looking to invest the remaining cash as I find proper setups to buy. I want to wish you a Happy and Prosperous New Year!  I pray that God will bless you more abundantly and bless the USA with God-honoring leadership!  

Leading growth stocks have bent a little, but they do not appear to be broken as many are digesting recent gains and resting near key support areas.  I plan to increase exposure to growth stocks as I find proper buy points.  I believe the Fed will do whatever it can to keep rates low and inflation in check, but there is always a breaking point where they could lose their grip.  Gold is down over -4% YTD, and Bitcoin is up over 22%, so why are investors dumping physical for digital.  It is fascinating to watch all the bad things that are happening and want to run for the hills but fear NOT!  Fear is NOT from God.  I put my faith in God who knows tomorrow, and I believe He is working ALL things for my good.  

 LIONX is fully invested.  I continue to find growth stocks that meet my fundamental and technical criteria, so that is a good sign.  However, rising rates and a declining dollar have captured my eye.  All eyes are on the Fed because I believe they control and create excess liquidity, which has a way of finding itself in the stock market. However, I put my faith in God, not the government, and I believe that God is still on the Throne of Grace, working all things for our good.  Thanks for your time, and may God bless you and America! 

I believe LIONX performed well in 2020, and I am optimistically bullish for 2021. Thank you for helping me grow LIONX assets from $11 million on 12/31/19 to over $50 million today.  Leading growth stocks are acting well with minor amounts of distribution, which tells me that the bull still appears to be in charge.  When the leaders start lagging, I plan to sell or hedge positions, seeking to avoid life-changing losses.  The dollar continues to slide while Bitcoin breaks record highs as we continue to spend and borrow money, we do not have without any plans to pay it back.  I believe the Fed holds the key to this bull market in stocks.  If the Fed changes from an expanding balance sheet policy to one of contraction, that could signal the bull's end and the beginning of a bear.    For now, growth stocks are leading, and liquidity is strong, so I am looking to invest the remaining cash as I find proper setups to buy. I want to wish you a Happy and Prosperous New Year!  I pray that God will bless you more abundantly and bless the USA with God-honoring leadership!  

LIONX is close to being fully invested, and the market seems to be rewarding us for taking risk.  I am pleased with YTD's performance, and I expect to finish the year on a good note.  I believe the market will continue to advance higher as long as the Fed keeps its foot on the gas, flooding the market with liquidity and keeping rates near zero.  An upset in the Senate's balance of power could trigger a market correction, so I will be watching the market’s reaction to the Georgia Senate race on January 5th.  God is still in control; He loves us unconditionally, and that will never change.  I hope and pray that you experience the Love and Peace of our Lord and Savior, Jesus Christ.  Amen!     

I am optimistically bullish and expect the gains to continue mainly because the Fed has substantially increased liquidity in the market.  Congress is close to passing a stimulus bill, the vaccine is being distributed, and the market seems content.  I plan to get more invested as I find growth stocks exhibiting accelerating sales and earning with sound chart patterns.  Instead of selling positions in the next correction, I plan to hedge, seeking to capture more of the upside. I expect LIONX to drop about $1/ share today due to a required distribution, but it will not impact your account's value.  This is my favorite time of the year because I get to celebrate the birth of my Lord and Savior.  I pray that you receive the Love of Jesus and share it with your neighbor.  Love is a gift, so don’t forget to unwrap it and get a fresh revelation of God’s Grace. Merry Christmas and may God’s Unconditional Love Bless you like never before!               

LIONX is 20% invested in 20 growth stocks, and I expect Santa to rally the market into Christmas.  If Congress cannot agree on a stimulus bill before Friday, the market could take a turn for the worse and head south for the winter.  However, I believe the Fed will step in and support the market with fresh liquidity in hopes of keeping the market afloat.  I actively manage LIONX seeking moderate capital appreciation consistent with capital preservation, trying to avoid life-changing losses.  I want to wish everyone a Very Blessed Christmas, and I pray that you accept the Love of Jesus and share it with your neighbor.  May God’s Grace & Peace be with You forever!

LIONX is still fully invested, and liquidity remains strong, so my conviction level is high.  There is always a risk of a steep one- or two-day price drop to shake out “weak hands,” but I would likely view that as a buying opportunity.  I believe the trend is your friend, and there still appears to be room to run higher into Christmas.  If I am wrong and the market character changes for the worse, I will do my best to avoid any life-changing losses in LIONX.  Jesus is the reason for the season, so please join me in celebrating our Savior's birth, who died for all sins past, present, and future.  I pray God’s Grace, Peace, and Blessings on you and your loved ones. Amen!         

LIONX is fully invested, and that confirms how bullish I am.  I believe the bull market still has some gas left in the tank, and we may see higher returns before Christmas.  I am expecting a Santa Claus rally to push stocks higher, and I plan to take advantage of this historically favorable time of year. One primary concern is our ever-increasing national debt that gets harder to fathom ever paying it down.  For now, the market does not seem to care about our irresponsible spending, so I will let it rest.  The CDC says that if you have COVID-19 and you are less than 70, you have a 99% survival rate. God gave us freedom, so I chose not to live in fear, and I pray you do the same. Grace & Peace be with You!  

LIONX is almost fully invested, and I am still finding stocks with accelerating sales and earnings exhibiting sound chart patterns.  I am bullishly optimistic that growth stocks will continue to outperform, so that is where I am focused.  The Fed has committed to keeping rates low by buying bonds, and their balance sheet continues to expand, so my conviction level remains high.  I am grateful and humbled with all that God has blessed me with, and I pray you are as well.  It is only by God's grace that we are allowed to pursue our passions. The human mind cannot be angry and grateful simultaneously, so let us focus on an attitude of gratitude and expect God to bless His children.  I Wish You a Happy and Blessed Thanksgiving!         

We had a bit of a shakeout last week as money shifted from growth to value stocks.  The indexes are trading near their highs, and the Fed appears to be on our side, so all appears well for now.  I believe there will be a price to pay for all this deficit spending, but the market does not seem to care at this point.  If the dollar falls another -0.50% breaking its support line, we could see a wave of selling hit the market, but I believe the market will shrug it off.  Nevertheless, I have one foot on the gas, and I could easily tap the breaks if needed.  I rest in knowing that God is still on the throne, and He is sovereign above all.  May God's Grace and Peace be with you and your loved ones. Amen!

I believe growth stocks are looking good as they have broken out of the gates and appear to be leading the race once again!  LIONX is back in the market.  I am finding lower risk buy points in leading growth stocks, which gives me greater conviction to get more invested.  The election may not have turned out as many had expected, but there is always Hope.  Keep the Faith, Resting in His Grace, knowing that God is still on the throne, working all things for our good.  God is Love, and He loves everyone the same.  I believe heaven is a dimension that can be found on earth and not a physical location we visit one day.  I pray God's Peace on you today!  Amen!

Leading growth stock prices are falling, and risk indicators appear to be rising.  LIONX went to an all Cash position two Thursdays ago.  I believe the market may be declining because a stimulus deal could not be reached along with plenty of election uncertainty.  I feel the market will be pricing in the election results shortly, and I expect to take advantage of new opportunities as I find them.  The stock market is ripe for a V-shaped recovery, but it could also turn down with a vengeance.  Either way, I plan to take my cues from the leading growth stocks and position LIONX accordingly.  Peace and Patience are Gifts from God, and God is Love. Never forget that God loves His children like a Father loves his Son/Daughter, and His Grace is always looking for ways to Bless You. Thanks for your time. Amen!

LIONX is in cash patiently waiting for a clearer picture of the election outcome and the new opportunities it might bring.  I am optimistic that Trump will win reelection, and the market will continue higher.  If I am wrong, the consequences could be life-changing, so I believe caution is warranted.  Rising yields and a falling dollar has me concerned the market may be preparing for a bad outcome.  I believe knowing when to hold 'em or fold 'em is key to long term financial success. During this uncertain time, I like to put my faith in something that will never change, and that is God's Love for us.  Trust then Believe that His Grace is sufficient, and His mercies are new every day. 

LIONX is fully invested.  I believe the leading stocks appear to be acting well, and the indexes may be positioned for a cup-and-handle breakout.  I believe the Fed has our back and wants to help get Trump reelected, so they will do what is necessary to produce the outcome they desire.  I think the market is predicting that Trump will be victorious! If I am wrong, I am prepared to change LIONX positions seeking to limit risk and avoid life-changing losses.  I have never subscribed to the buy-and-hold philosophy but, instead, adhere to a managed risk approach.  Only God knows the future, and He has promised never to leave or forsake us.  I trust Him and rely on His faithfulness.      

For the week ending October 11, 2020, leaders continue to lead, and I plan to follow the leaders for clues as to when it may be time to take some chips off the table.  For now, I predict a landslide victory for the Republicans in all three Houses.  I pray to God that I am right because God help us if I am wrong.  I believe God holds the kings in his hand; His favor is on America, and He loves all of us like a Father loves his Son.  God is Love, and I pray that you receive and share His Love with your neighbor.  Amen!      

For the week ending October 4, 2020, Risk appeared to be declining as many leading stocks seemed to be under accumulation with prices rising on above-average volume.  If leading stocks showed signs of distribution like in February, I would be more concerned and expect the market to decline further.  However, I believe the Fed is still on our side, and they will keep rates low and liquidity high for the foreseeable future.  I pray and expect President Trump to fully recover and come out swinging to make America Great Again. Thanks for your time and may God Bless You and America!  

Risk appears to be rising, and now may be a time to take some chips off the table.  LIONX is in Cash waiting for the indexes to trade above their 50-DMAs before committing capital back in the market.  Sometimes, our best offense is a good defense.  Remember that Cash is a position, and sometimes you can win by losing less.  I remain defensive with a humble heart, and I try hard to rely on Wisdom from God and not lean on my understanding.  Believe the Truth, dispel the lies and trust the Holy Spirit in your heart.  God is for you and not against you, and He will never leave you nor forsake you.  That is the Truth!             

The NAZ is down about -12% from its recent high on September 2, and I believe the correction may have run its course.  I see money slopping and chopping in the market going from stock to stock and not a lot of money going to cash as I saw in February, so I am bullish, but caution flags are flying.  Many stock leaders that led us out of the March low have been beaten up pretty bad in this technical correction, but I do not see this as a fundamental shift as we saw in February.  We may need a little time for the leaders to take a breather and form new bases.  However, I am still finding new leaders with accelerating earnings and sales and constructive chart patterns.  I believe the Fed is still on our side, and I do not see that changing anytime soon, so I expect a rising tide of newly created Fed money to lift many boats. I am proud to be an American but more proud to be a Son of the Most High God.  I pray you know who are and whose you are and fulfill your God-given destiny.                       

The NAZ is finding support at its 50-DMA and that puts me in the cautious bull camp.  The leading NAZ stocks are holding up relatively well, and that tells me that “big money” is supporting their favorite stocks because they may like what they see over the next few months.  If the NAZ breaks below its 50-DMA on above-average volume, then I may change my opinion and exercise discipline seeking to reduce risk in LIONX.  By the Grace of God, I am doing what I believe I am called to do, and I pray you are doing the same.       

I believe the market is going through a minor technical correction, and I see no fundamental material changes.  I also think the Fed has our back and will do everything it can to increase liquidity in the stock market, hoping to ensure a Trump victory.  Increased liquidity has a way of supporting higher stock prices, so I expect the up-trend in the major indexes to resume shortly.  By the Grace of God, I get to do what I love to do, and I pray the same for you.  Ask God for Wisdom, and don’t forget to thank Him throughout your day.  Blessings!     

I plan to increase LIONX exposure as I find leading growth stocks with strong fundamentals and sound technical chart patterns.  The trend is up with signs of institutional accumulation and that gives me the conviction to hold what we have and add more positions as opportunities present itself.  I believe the Fed has our back and they will not do anything substantial before the November election so let’s enjoy the ride.  Grace & Peace to everyone and may you fall in love with Jesus and know that He is madly in love with you!        

There may be more gas left in the stock market tank, so I plan to do more buying this week.  I believe the Fed has our back and they have stepped on the gas by increasing their balance sheet of liquidity that the market is addicted to.  This balance sheet money expansion tends to lift many boats.  Risk appears to have subsided and I like what I am seeing in the market.  If I am wrong, I will do what is necessary to right the ship.  May God’s Grace & Peace overwhelm you!   

My perception of risk in the market has elevated to a level that I last witnessed back in February, so LIONX has moved to an all-cash position.  I am not saying the market will crash this week, but the risk of a steep decline appears to too great, in my opinion.  I believe the S&P 500 Index needs an infusion of fresh new money to overwhelm sellers and blast through this all-time high line of resistance, but I do not see that happening unless congress passes another massive spending bill.  If the old stock leaders resume their leadership role or new ones take over, I will do my best to get back in sync.  As you can see, LIONX is a mutual fund but I manage it like a hedge fund.  I manage the risk and the market determines the return.  Grace & Peace to everyone!       

It may be time to take the foot off the gas because there could be a turn ahead, so let’s keep both eyes on the road.  I believe the leaders stumbled a bit last week, so now we see if they can gain a stronger footing or they bring the rest of the market lower.  I feel like the market may have temporally lost its risk appetite, so maybe it is time to clear the deck and sit on the sidelines while the dust settles.  I worked too hard to get the gains we have in LIONX this year and I will not sit on my hands and let the market take our gains away, so I harvested some profits last week.  I believe that it is hard to go wrong taking profits!  By the Grace of God, I try to position LIONX according to the risk I see and the return I expect then I act accordingly seeking to maximize our gains and seeking to avoid life-changing losses.  I wish you the best of returns! Grace & Peace to everyone!      

The leading stocks are still leading the indexes higher.  I am satisfied with the current positions in LIONX.  I do not try to predict or forecast returns.  I try to manage the risk daily and let the market determine the returns.  The cloud-based stocks seem to be favored among growth managers and that is where I am finding stocks to add to the LIONX portfolio.  If these stocks do not perform as expected, I will not hesitate to sell, or hedge as needed, seeking to avoid life-changing losses.  Grace & Peace to everyone and fear not!      

I believe the market may penetrate overhead resistance and head higher this week.  If that happens, I plan to get more invested.  Growth stock leaders still appear to be in charge, and I expect them to continue their advance at least until we get early signs of an economic recovery.  Until then, I expect the “work from home-cloud based” software, medical and chip stocks to remain under accumulation by the large institutions.  I try to follow the “big money”.  If I am wrong, I will do my best to minimize the draw-down by going back to Cash if needed.  Do not forget to send me your email to sign up for the “Chat with Dex” webinar this Tuesday.  May you receive God’s unconditional Love and live to share it!  

I believe we will break out of this trading range and head higher into November.  The Fed currently appears to have our back.  If things go as planned, I plan to increase exposure this week.  If I am wrong, I will do my best to minimize the draw-down risk by going back to Cash if needed.  Don’t forget to sign up for the “Chat with Dex” webinar.  Grace and Peace to everyone!  Peace is a Fruit of the Spirit, so please do not let anyone steal the Peace that Jesus died to give you.  

Price is the final judge and it is telling me that the leaders and indexes are stretched and may be due for some backing and filling. LIONX is in cash but my guns are locked and loaded looking for lower risk buy points.  I am still optimistic that the Fed will do the right thing and not undermine Trump’s chances for reelection.  However, the trend of the Fed’s declining balance sheet in the last four weeks says otherwise.  On the other hand, QE is still in the system and liquidity is strong.  Fear not because God is still in control.  I pray for God’s Grace and Peace to be with everyone reading or hearing this message.       

Yes, I am concerned with the declining Fed’s balance sheet, but I follow the leaders.  I try to own leading stocks by letting them pull me in and then push me out.  I believe that some of the stocks that led the rally (leaders) off the market bottom on 3/23/20 may be running out of gas and they may take a breather as laggard stocks play catch up.  If these leaders back-and-fill a while without serious price corrections, they could build secondary bases to buy from later.  However, if the indexes can’t get above near-term resistance then we could see the indexes roll over and the leaders would likely come under heavier selling pressure more so than the indexes.  I truly believe there is a higher probability that the leaders could resume their advance into the November election and Trump will be reelected.  Only God knows the future and I have faith that He works all things for our good.     

 I believe this is a stock pickers market and not a buy the index market where a rising QE tide lifts all boats.  The leaders are still leading, but some have come in hard recently and my eyes are on the exits should the selling continue.  The big cap index is about 10.4% below its high.  The small-cap index is about 18.8% off its high while the tech index is only about 3.5% off its all-time high.  Cloud, software, medical, and internet tech stocks have been the leaders and we should soon find out if they will maintain their leadership.  If the techs breakdown, then I believe we could be in for some serious economic trouble.  I believe a steep stock market decline ahead of the election would not bode well for Trump’s reelection.  I believe God gives favor to whom He decides will be President and God gives wisdom to anyone who asks.  May God’s grace, mercy, and wisdom be with you always!   

 The election is on November 3rd and I do not believe the Fed will do anything to hurt President Trump’s chances for reelection.  However, if the Fed continues to contract its balance sheet at the current rate, I would not be surprised to see the stock market take a breather, but I do not expect a retest of the March lows.  Leading stocks in the cloud, software and medical space continues to charge higher but if they start to show a few “kinks in the armor” I will not hesitate to do what is necessary to get out of harm’s way.  There is ample negative news on social media and TV but fear not.  God is still on the throne and He gives wisdom freely to those who ask.  Trust God and He will never leave you or forsake you.     

I expect the laggard value stocks to take a back seat to the leading growth stocks. I believe the leaders were not being sold/distributed last week but rather buyers slowed their purchases. This appears to be a healthy dose of growth stock consolidation, in my opinion. However, 5% daily declines must be taken seriously. I like to buy the “tennis ball” stocks that bounce higher and try to avoid the “egg stocks” that just sit there looking broken. I believe the Fed has our back and that gives me the conviction to be 90% invested. I also believe that God has His hand on America, and He holds every President in the palm of His hand. Pray with me for the men and women who work hard to protect our freedoms. Thank You for Your Trust and Business and may God Bless You!

The laggard cyclical stocks have been leading the market higher.  I expect growth stocks to rest a while then pick up steam and start leading again.  If I am wrong, I will do my best to get right and avoid life-changing losses.  I believe the Fed “has our back” and I do not see that changing until at least after the November election.  Please keep praying with me for Godly Wisdom and Discernment for our President.  I believe that God has His hand on America because we still honor Him. Thank You for Your Trust and Business and I pray that everyone hearing or reading this will be Abundantly Blessed! I pray that you have a blessed and productive day!       

Growth stocks still appear to be in favor and that is where I expect to continue to find the best opportunities. The Fed continues to print “new money” and a lot of this cyber money is finding its way in the stock market. Until I see a change in the current uptrend, I will continue to put new money to work in what I believe are the best growth opportunities. Liquid stocks with three consecutive quarters of earnings and sales increases and double-digit earnings estimates for next year are at the top of my list. By the Grace of God, I get to pursue my passion for managing money. I pray that you have a blessed and productive day!