Markets 'N5

The market has taken a big hit so far this year, and it might have more downside yet to go before finding a key support zone that will attract buyers, which is needed for the market to go back up. Keep in mind that not all stocks are toxic and that we are constantly hunting for attractive options to add to our portfolio sleeves (yes, even in a down market), but please know that we are only looking for attractive investments that are trending upwards and have more upside potential. In this episode, we discuss the next “major” support level that would be a very attractive entry point for large institutional investors, and one we would definitely begin to take advantage of as well… I hope you all have a blessed and safe holiday weekend, as we remember those who’ve bravely served our country.

With the market continuing its downward trend, investors should remember that the unloved asset class called “cash” does have its place from time to time. During major drawdowns, Cash is King! Watch this episode to learn more.

The market is off to a rotten start and is sitting at the lows of the year, which also happens to be major support. If it can hold, we may get some breathing room; however, if it can’t, we should buckle up. Check out our latest video which digs into the details. Learn more at cannonadvisors.com

As the market has recovered from its recent lows, we’re seeing some positive signs, as well as some cautionary red flags. It's important to note that due to the inflationary pressures, the market will continue to be quite volatile this year and opportunities will arise to take advantage of both on the up and down side. Spend a few minutes with us in this episode as we discuss a few of the touch & go signals which we are closely monitoring.

The market has begun to recover. The S&P 500 has broken its short-term downtrend and appears to be heading up. There is some overhead resistance it will soon face, but the short-term charts look okay for now. There is a warning sign that we are closely monitoring that could impact the markets over a medium to long-term time horizon, which we’ll discuss in this week’s episode. Nothing to be worried about yet, but is definitely something you should be watching! Learn more at cannonadvisors.com

There are several types of market corrections, and this one appears to be one of a slow death. In this episode, we discuss the current risk-off environment and how this pull back compares to others in the past. Learn more at cannonadvisors.com

The S&P 500 has breached major technical support and at this point looks like it will be making lower-lows. Cash is an asset class, and although not attractive over the long haul due to inflation, can serve as a nice hedge against market risk. In this episode, we discuss raising cash versus turning to ash. Learn more at cannonadvisors.com

If you haven’t seen Squid Games yet, I wouldn’t recommend it. It basically ruined my fond memories of playing the game in elementary school. Although the concept reminded me of the recent market pull down, which like Squid Games produced a lot of blood in the street. A lot of hot air got released from the balloon, and although risk is still present, there are a number of opportunities we are pursuing as a result. In this episode, I’ll walk you through an example.

Has the party ended, did the music stop, should you grab a chair? The market is close to a tipping point and you need to be prepared. In this episode, we discuss the market’s support levels and the important signs to watch.

As we enter a New Year, many of us resolve to lose weight. In this episode, we open the hood of the S&P 500 to see how just overweight it’s engine really is. The results may surprise you! Learn how we plan to use it’s weight to navigate the markets this year. Learn more at cannonadvisors.com

Damanick Dantes, Portfolio Director at Cannon Advisors, joins Yahoo Finance Live to discuss the record-breaking IPO surge in 2021 where more than 1,000 companies entered the market. https://finance.yahoo.com/video/mix-macro-factors-made-2021-155351989.html

As the inflation wave has rolled in, it’s forcing the Fed to react. The market had dropped up until the Fed’s decision on Wednesday. They then announced its plan to taper bond purchases and projected 3 rate increases for 2022, and this somehow excited the market?! There is a lot happening in the market today, and in this episode we unpack some of the risks.

At Cannon Tax & Accounting and Cannon Advisors, we believe we are uniquely qualified to help make your money work for you with the best tax outcome possible. Each firm's clients have the opportunity, if they choose, to benefit from the strength of two unified yet separate teams of advisors in tax, accounting and consulting services offered through Cannon Tax & Accounting, Inc. and private wealth management, financial & retirement planning and risk management offered through Cannon Advisors, Inc. Drawing on the wisdom of our combined experiences, each will work diligently to keep you informed of new opportunities and risks. Operating without the conflicts and hierarchies present in many larger firms ensures you receive responsive issue resolution and a nimble adaptation to changing needs. Learn more at cannonadvisors.com

As we all just want Covid to shrivel up and go away, unfortunately it’s doing the opposite by mutating and spreading another wave around the globe. In this episode, as new cases are discovered in the US of the new Omicron variant, we explore what impact this strain will have on the markets and what you need to watch out for.

Cannon Advisors Portfolio Director Damanick Dantes explains how Jerome Powell's Fed chair re-nomination may provide welcomed stability as the economy is still recovering from the pandemic and officials seek to balance inflation. https://news.yahoo.com/bidens-renomination-fed-chair-powell-173116129.html CannonAdvisors.com

During this episode, we discuss the relationship between rising commodity prices, increased cost of goods & services, and its impact on inflation. We then discuss some tips and tricks to having your portfolio weather the inflationary storm.