About the Strategist
Mark L. Newton, CMT – Head of Technical Strategy
As former managing member/owner of Newton Advisors LLC, Mark has more than 25 years of buy-side and sell-side experience in finance. Before Fundstrat, he worked with Diamondback Capital Management, and with Morgan Stanley in New York City as their technical strategist. Mark has traded equity options as a market maker/floor trader on the CBOE, and worked in risk management. He is a member of the Market Technicians Association, and former member of the CBOE, CBOT, and PHLX. Mark makes regular appearances on CNBC, FOX Business, and Bloomberg. Mark graduated with a BS in Finance from Virginia Tech in 1991, and obtained his Chartered Market Technician designation in 2002.
Our Approach
Trend Identification
On a daily, weekly, and monthly basis
Structural Analysis
Looking at former highs and lows as potentially important for resistance and/or support in trading over multiple time frames
Trendline Utilization
Drawing trendlines extending from the lowest lows to the low preceding the highest highs
Fibonacci Analysis
Using the concept of Fibonacci for retracements in both time and price terms for identifying possible areas of exhaustion
Momentum Analysis
Seeking stocks exhibiting positive momentum for long investments over multiple time frames
Volume Analysis
Noting heavy volume, or lack thereof, in conjunction with price gains to track the duration of a trend
Breadth
Studying the underlying health of a market, especially for broader indices
Ratio charts
Comparing a stock to its industry and/or to an underlying index, such as SPX
Relative Strength
Seeking out stocks exhibiting stellar strength and trading at/within striking distance of 52-week highs (for long stock selection)
Counter-Trend Analysis
Using Tom DeMark's indicators, such as TD Sequential and TD Combo, to identify strong trends possibly on the verge of reversing course: downside to upside or vice-versa
Cycles
Using cycle composites to understand the most commonly seen cycles dictating patterns of low-to-low or high-to-high to help identify highs and lows price-wise
Elliott Wave Theory
Elliott Wave projections can help forecast price targets, using previous highs/lows to identify whether a rally is new and impulsive or represents a counter-trend move
Astro-Analysis
Using cycles of the sun, moon, and the planets to pinpoint highs, lows, and trends for stocks and indices, both from a transiting to transiting standpoint, or transits to natal charts for analysis
Seasonality Studies
Seasonality studies to identify times of above-average strength and/or weakness based on historical trends
Sentiment Analysis
Using equity put/call ratios for indices or stocks and/or commonly used sentiment polls to track investor sentiment.
Research and Coverage
Reports
Daily Technical Strategy
Every day, we deliver precise strategies derived from technical analysis, guiding you on potential market moves and insights to position accordingly.
What Rate cuts? Equal-wgtd. SPX has reached lowest levels since Sept.
SPX’s decline has started to play “Catch-up” with the Equal-weighted SPX’s weakness, which has caused near-term momentum to roll over while breadth levels remain anemic following a record string of negative Advance/Decline sessions. US Dollar and US Treasury yield trends have turned more...
⚡️FlashInsights
In these rapid updates, our expert analysts provide insights on immediate market changes and technical patterns, ensuring you are always one step ahead in the fast-paced world of trading.
Mark L. Newton, CMT
Head of Technical Strategy$AVGO strong 20% gains are causing some outsized strength in the Semiconductor sector, despite Technology overall being lower today. $SOX(Philadelphia Semiconductor sector) is up 2% but as can be seen, price has rallied to multi-day highs but remains at a key level...
Mark L. Newton, CMT
Head of Technical StrategyFriday's minor weakness has resulted in SPX pulling back to right above an important near-term area of support which lies at this past Tuesday's lows at 6029.89. It was thought that this level likely would not be broken and SPX should begin...
Weekly Roadmap
End your week with our "Weekly Roadmap", a summary that encapsulates our expert views and closing remarks for the week. This digest is crafted to bring all market happenings and our insights into one coherent context, ensuring you're well-informed and ready for the week ahead.
Will All the Real Buy The Dip Believers Please Stand Up?
“How much or how little money changes hands doesn’t make it philanthropy. Intention and effort make it philanthropy. If we acknowledge what it all has in common, there will be more of it.” — MacKenzie Scott
Fundstrat Team
Media
Daily Technicals Video
Our webinars bring you face-to-face with our experts as they share the latest market trends and technical analysis, offering an opportunity to clarify your queries in real-time.
What Rate cuts? Equal-wgtd. SPX has reached lowest levels since Sept.
SPX’s decline has started to play “Catch-up” with the Equal-weighted SPX’s weakness, which has caused near-term momentum to roll over while breadth levels remain anemic following a record string of negative Advance/Decline sessions. US Dollar and US Treasury yield trends have turned more...
Annual Outlook
At the start of each year, our annual outlook provides a comprehensive analysis of existing and potential U.S. policies, forecasting their impact on financial markets and offering actionable strategies for the year ahead.
Archives
Appearances Media Archives
Our researchers frequently appear across various media outlets, sharing their technical analysis and market insights. Our extensive archive ensures you have access to these valuable resources at your fingertips.
Podcast: US Markets Wrap: Nvidia to rally further into its stock split
6 months ago
CNBC Media Archives
We understand the importance of media in shaping market perceptions. Our archive of CNBC appearances provides a rich resource of insights shared by our researchers on this prestigious platform.
Podcast: US Markets Wrap: Nvidia to rally further into its stock split
6 months ago
Sample Reports
Technical Writeups of Super Granny-shot picks
Summary: I continue to see the US stock market as being attractive, technically speaking, and do not feel sufficient risk is there to warrant a selloff at this time. While price action has been a bit more subdued...
Mark L. Newton, CMT
Head of Technical StrategyFebruary 2024 Technical Outlook
FOR FULL REPORT, PLEASE CLICK HERE. WHAT LESSONS WE LEARNED FROM JANUARY: * SPX, NASDAQ rally back to new all-time highs was certainly a bullish development despite some evidence of breadth waning. Equal-weighted SPX, Russell 3k, nor Small...
Mark L. Newton, CMT
Head of Technical StrategyLatest Publications
What Rate cuts? Equal-wgtd. SPX has reached lowest levels since Sept.
SPX’s decline has started to play “Catch-up” with the Equal-weighted SPX’s weakness, which has caused near-term momentum to roll over while breadth levels remain anemic following a record string of negative Advance/Decline sessions. US Dollar and US Treasury yield...
Mark L. Newton, CMT
Head of Technical StrategySPX breakdown unexpected, but doesn’t look to extend much further
The big switch in the Dot plot to match Swaps markets pricing of fewer cuts for 2025 caught the market off-guard on Wednesday, resulting in a trend violation for SPX while the NASDAQ managed to show divergence positively. SPX...
Mark L. Newton, CMT
Head of Technical StrategySPX poised to lift to 6160-6182 despite poor breadth
Markets remain quite choppy, with SPX largely range-bound over the last eight trading sessions as part of an ongoing bullish uptrend. Despite ongoing deteriorating breadth issues, I expect this recent consolidation to be resolved higher initially, but it remains...
Mark L. Newton, CMT
Head of Technical StrategyLarge-cap Tech outperformance should continue following SOX breakout
Markets remain quite choppy, with SPX largely range-bound over the last eight trading sessions as part of an ongoing bullish uptrend. Despite ongoing deteriorating breadth issues, I expect this recent consolidation to be resolved higher initially, but it remains...
Mark L. Newton, CMT
Head of Technical StrategyBook a Meeting
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