Insights + Resources
Epic Insights
Market Update – Assessing the Technical Damange
Jul 26, 2024
Key Takeaways
- Volatility came back with a vengeance this week as selling pressure in the mega cap space dragged down the broader market. Counterbalancing weakness in these heavyweight names poses a challenge for the rest of the market.
- Overbought conditions can also be blamed for the recent weakness. The S&P 500 reached a 14.9% premium to its 200-day moving average (dma) last week, marking the highest level since 2011. Historical comparisons point to momentum continuing over the next year, but not on a linear path.
- Technically, the S&P 500 violated a short-term uptrend yesterday as momentum indicators turned bearish. While there is a growing risk the current pullback continues lower, there is plenty of support before the longer-term uptrend is challenged. Furthermore, longer-term breadth metrics and overall market leadership remain bullish.
Tags: Current Events, Investing, Investment Portfolio
Can You Use Life Insurance for Charitable Giving?
Jul 24, 2024
![](https://epiccapital.com/wp-content/uploads/2023/08/2023-08-14-Life-Insurance-and-Charitable-Giving.png)
Tags: Insurance, Investment Planning, Personal Finance, tax guide
Social Security Survivor Benefits
Jul 22, 2024
![](https://epiccapital.com/wp-content/uploads/2023/09/2023-09-13-Social-Security-Spousal-Benefits.jpeg)
Your family members may be eligible to receive survivor benefits if you worked, paid Social Security taxes, and earned enough work credits. The number of credits you need depends on your age when you die. The younger you are when you die, the fewer credits you’ll need for survivor benefits. However, no one needs more than 40 credits (10 years of work) to be “fully insured” for benefits. And under a special rule, if you’re only “currently insured” at the time of your death (i.e., you have 6 credits in the 13 quarters prior to your death), your children and your spouse who is caring for them can still receive benefits.
Making Investment Choices
Jul 19, 2024
![Investment Choices Doors Room](https://epiccapital.com/wp-content/uploads/2020/05/50-Making-Investment-Choices.jpg)
Information vs. instinct. When it comes to investment choices, many people believe they have a “knack” for choosing good investments. But what exactly is that “knack” based on? The fact is, the choices we make with our assets can be strongly influenced by factors, many of them emotional, that we may not even be aware of. (more…)
Tags: Investing, Investment Planning, Investment Portfolio, Personal Finance
Retirement Plans for Small Businesses
Jul 17, 2024
![](https://cdn.pixabay.com/photo/2018/08/05/13/17/retirement-3585585_1280.jpg)
Tags: financial advisor charlotte nc, Financial Planning, Personal Finance, retirement, tax guide, Wealth Building
Market Performance is a Tale of Haves & Have-Nots
Jul 15, 2024
![Market Update](https://epiccapital.com/wp-content/uploads/2020/03/Market-Update.jpg)
The S&P 500 strung together 37 record highs this year aboard an 18.1% rally, as of July 10. The advance has largely been powered by a handful of mega cap names tied to technology and/or artificial intelligence. In fact, six stocks — NVIDIA (NVDA), Microsoft (MSFT), Apple (AAPL), Amazon (AMZN), Meta (META), and Alphabet (GOOG/L) — are responsible for nearly two-thirds of the S&P 500’s total return this year. As highlighted in the chart below, the Magnificent Seven, which adds Tesla (TSLA) to the aforementioned six stocks, is up 51% on an equal weight basis. Without these seven stocks, the S&P 493 (ex Magnificent Seven) would only be up 8.3%.
Tags: Current Events, Investing, Investment Planning
Should You Care What the Stock Market Does Each Day?
Jul 12, 2024
![Stock Market Quotes Chart](https://epiccapital.com/wp-content/uploads/2020/02/37-Should-You-Care-What-the-Markets-Do.jpeg)
Investors are people, and people are often impatient. No one likes to wait in line or wait longer than they have to for something, especially today when so much is just a click or two away. (more…)
Tags: financial advisor, Financial Help, Investing, Investment Planning, Investment Portfolio, Personal Finance
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