Wed May 17, 2023

Range breakout should drive SPX to 4200+ as Debt Ceiling negotiation gains steam

TREND HAS IMPROVED WITH WEDNESDAY’S BREAKOUT; EXPECTING SPX RALLY ABOVE 4200 IS UNDERWAY WITH WEDNESDAY’S GAINS Wednesday’s range breakout seems to be occurring directly on signs of the Debt ceiling...

Tue May 2, 2023

LIVE Technical Stock Analysis May 2023

Mark will be conducting a live Webinar session for the most popular stocks requested by our subscribers. Mark will give his quick take (45 sec-1-minute of analysis) and consider several...

Mon April 17, 2023

Stocks up 65% of the past 20 trading days, highest since Nov 2021, and a reason it is starting to "feel like a bull market." We expect 1Q23 EPS to exceed expectations, likely 2H23 trough in EPS = supporting strengthening breadth.

The S&P 500 is up 8% YTD (~+20% in the past 6 months) and at this pace, is annualizing returns of ~30% -- that is not our forecast. And as...

Wed April 12, 2023

We view any equity weakness (possible) post-March CPI as chance to BTD given magnitude of "trapped bears" and softening inflation trends

On the eve of the March CPI report (released on 4/12 at 8:30am ET), few investors have conviction on what to expect from the actual report -- in other words,...

Mon April 3, 2023

Energy rally confirmed with WTI Breakout

The 2nd quarter got kicked off with some minor stalling out in many sectors, including Technology while both Energy and Healthcare surged.  Market breath finished flat, largely given Technology’s weakness...

Wed March 15, 2023

Lows are growing near; Yet a lot of damage has been done

It’s important to take stock of the damage after the Banks crisis led many other sectors down sharply and has caused some greater technical damage than what was seen a...

Fri March 3, 2023

LIVE Technical Stock Analysis March 2023

Mark will be conducting a live Webinar session for the most popular stocks requested by our subscribers. Mark will give his quick take (45 sec-1-minute of analysis) and consider several...

Thu January 12, 2023

Energy is an Overweight for 2023, but important to differentiate

Short-term trends remain bullish from late December lows as part of the larger ongoing downtrend from last January.  Thursday’s CPI failed to shake prices lower, but Treasury yields did manage...

Thu December 1, 2022

LIVE Technical Stock Analysis November 2022

Mark will be conducting a live Webinar session for the most popular stocks requested by our subscribers. Mark will give his quick take (45 sec-1-minute of analysis) and consider several...

Mon November 14, 2022

Biotech breakout worth following as Healthcare gets stronger

The near-term picture still looks positive for US benchmark indices and while momentum has reached intra-day overbought levels, this doesn’t imply a selloff has to happen right away.  Despite some...

Fri November 11, 2022

QQQ playing catchup while Defensives underperform

The extension of this week’s rally helped markets show greater than 5-8% gains, but has begun to change texture a bit as the week has come to a close.  The...

Tue November 1, 2022

Equities likely to bottom after FOMC as Rates turn down

1 year ago Free Webinar Introducing Mark Newton’s Upticks Stock List Speaker: [Mark] Mark L. Newton, CMT AC Head of Technical Strategy Watch the Replay of the Webinar Watch the...