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!