Broker Check

Blog

We regularly update our clients as to what we're seeing in the markets and overall economy, as well as provide some basic portfolio changes and updates we are making.  Stay tuned to learn more each week!

Monday, October 18, 2021

Key Takeaway Global equities staged an impressive rebound from key support levels last week. Our indicators shifted to risk-on, which allowed us to deploy cash into sectors/stocks with relative strength such as materials, financials,...

Monday, October 11, 2021

Key Takeaway Value stocks are poised for further upside relative to the S&P 500. As a result, we are building positions in lagging sectors such as financials and energy. Consumer discretionary and small-caps are also improving relative...

Tuesday, October 5, 2021

Key Takeaway Stocks continue to slide as the market enters a seasonally volatile period. Historically, October tends to produce choppy trading conditions ahead of a seasonally strong November. Therefore, we are raising cash across...

Monday, September 27, 2021

Key Takeaway The 10-year Treasury bond yield broke above resistance at 1.40%, which could benefit value stocks relative to growth stocks in Q4. Our indicators suggest the risk-on rally is stabilizing after the volatility spike last...

Monday, September 20, 2021

Key Takeaway Global markets are under pressure, stemming from weakness in China’s credit market. The S&P 500 broke below the 50-day moving average, which was an important gauge of trend support this year. We expect short-term...

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Monday, September 13, 2021

Key Takeaway The S&P 500 is testing uptrend support after a pullback last week. Our metrics indicate moderate risk-on positioning ahead of a seasonally weak period for equity markets. We have a mix of defensive positioning,...

Tuesday, September 7, 2021

Key Takeaway The CBOE Volatility Index (VIX) made a series of lower highs over the past year, supporting the market’s rise to all-time highs. Lower volatility (VIX below 20) is a positive sign for risk-on positioning, although we...

Monday, August 30, 2021

Key Takeaway Equities maintained trend strength in August and avoided breakdowns that would have triggered a shift to cash. Portfolios are positioned for relative strength in small-caps and other neglected areas of the market. The...

Monday, August 23, 2021

Key Takeaway The U.S. high-yield corporate credit spread is widening, which typically precedes downturns in risk assets such as equities. While our technical studies have not signaled an immediate shift to cash, we are starting to...

Monday, August 16, 2021

Key Takeaway The S&P 500 is holding technical support, driven by strong earnings growth and breakouts on the individual stock level. However, the uptrend in equities is narrowing, which could signal a seasonal pullback. We are...

Tuesday, August 10, 2021

Key Takeaway The 10-year Treasury yield is holding support above 1.20% as extreme short positioning in bonds recede. Typically, rising yields create opportunities in banking stocks, which benefit from higher interest income. Value...

Tuesday, August 3, 2021

Preparing for Seasonal Weakness Damanick Dantes, CMT Portfolio Director, Cannon Advisors Key Takeaway The S&P 500’s uptrend is narrowing and could enter a period of seasonal weakness. August is typically a mixed month, so...