Mark Newton CMT (@marknewtoncmt) 's Twitter Profile
Mark Newton CMT

@marknewtoncmt

Managing Director/Global Head of Technical Strategy, Fundstrat Global Advisors LLC-Technical Analyst/Trader, Frequent Market Commentator-CNBC, FOX, Bloomberg

ID: 253168011

calendar_today16-02-2011 18:01:05

31,31K Tweet

64,64K Followers

2,2K Following

Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) 's Twitter Profile Photo

FS Insight family... please check your inbox ✉️📪 - 4 reasons to think the "local" top in ViX = local "bottom" in stocks is now - Mark Newton CMT roadmap points to possibly Friday as key turning day - PS: also jobs report

Mark Newton CMT (@marknewtoncmt) 's Twitter Profile Photo

$TSLA showed some constructive Technical progress Wednesday that led to some decent follow-through on heavy volume today. I discuss this in my note tonight bit.ly/3zhabe3 Investors.com MarketSurge #IBDPartner

$TSLA showed some constructive Technical progress Wednesday that led to some decent follow-through on heavy volume today.  I discuss this in my note tonight
bit.ly/3zhabe3

<a href="/IBDinvestors/">Investors.com</a> <a href="/marketsurge/">MarketSurge</a> #IBDPartner
Mark Newton CMT (@marknewtoncmt) 's Twitter Profile Photo

Despite much of the financial media and many investors saying that September is a poor month and that stocks have "begun a correction", we certainly haven't seen much Equity volatility overall when compared to bond volatility.   Equal-weighted S&P 500 is down a paltry 1.6% and

Despite much of the financial media and many investors saying that September is a poor month and that stocks have "begun a correction", we certainly haven't seen much Equity volatility overall when compared to bond volatility.   

Equal-weighted S&amp;P 500 is down a paltry 1.6% and
Mark Newton CMT (@marknewtoncmt) 's Twitter Profile Photo

Canada Goose $GOOS has failed in numerous rally attempts since last Oct '23 lows & is nearing a important level at $10 after making zero progress since last year's lows Violations of $10 would have importance, as a negative support break & a level to keep on the radar this Fall

Canada Goose $GOOS has failed in numerous rally attempts since last Oct '23 lows &amp; is nearing a important level at $10 after making zero progress since last year's lows

Violations of $10 would have importance, as a negative support break &amp; a level to keep on the radar this Fall
Mark Newton CMT (@marknewtoncmt) 's Twitter Profile Photo

Market certainly caught off-guard a bit this week given the cross-asset volatility & economic weakness had largely failed to adversely affect Equities much until today. Fortunately, SPX is now nearing 50-62% retracement area of prior Aug rally while Equity Put/call has soared

Market certainly caught off-guard a bit this week given the cross-asset volatility &amp; economic weakness had largely failed to adversely affect Equities much until today.  Fortunately, SPX is now nearing 50-62% retracement area of prior Aug rally while Equity Put/call has soared
FS Insight (@fs_insight) 's Twitter Profile Photo

⏰Don't miss Mark Newton CMT on FOX Business on Monday, September 9, 2024 at 8:20am ET! 💥 Get daily technical strategy reports & videos from Mark Newton, only at FS Insight. 🙌🏻💡 fsinsight.com/our-services/?…

⏰Don't miss <a href="/MarkNewtonCMT/">Mark Newton CMT</a> on <a href="/FoxBusiness/">FOX Business</a> on Monday, September 9, 2024  at 8:20am ET! 💥

Get daily technical strategy reports &amp; videos from Mark Newton, only at FS Insight.  🙌🏻💡

fsinsight.com/our-services/?…
Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) 's Twitter Profile Photo

Mark Newton CMT saying #Tech #MAG7 bending not breaking #TuesdayFeelings Get the premium service “first word” at fsinsight.com/our-services FS Insight 🥇 Use evidenced based research to understand markets and #SMIDgrannyshots 🦹👵 to build a portfolio PS: Free 30-day

Mark Newton CMT (@marknewtoncmt) 's Twitter Profile Photo

I discuss $JPM along with $XLF and Financials price action in tonight's report given today's weakness & what might be in store Charts by MarketSurge here- bit.ly/3zhabe3 Swing by and see our Research -fsinsight.com/our-services Investors.com MarketSurge #IBDpartner

I discuss $JPM along with $XLF and Financials price action in tonight's report given today's weakness &amp; what might be in store

Charts by MarketSurge here- bit.ly/3zhabe3
Swing by and see our Research -fsinsight.com/our-services
<a href="/IBDinvestors/">Investors.com</a> <a href="/marketsurge/">MarketSurge</a> #IBDpartner
Mark Newton CMT (@marknewtoncmt) 's Twitter Profile Photo

$ALB Albemarle, the Lithium producer, is rising to multi-day highs and trying to put in a bottom, higher by over 11% today, the second-best performer on SPX. | 🐆 MarketSurge Notable how these Alternative Energy, solar stocks and renewable energy, are outperforming, while

$ALB Albemarle, the Lithium producer, is rising to multi-day highs and trying to put in a bottom, higher by over 11% today, the second-best performer on SPX.  

<a href="/IBD/">| 🐆</a> <a href="/marketsurge/">MarketSurge</a> Notable how these Alternative Energy, solar stocks and renewable energy, are outperforming, while
Mark Newton CMT (@marknewtoncmt) 's Twitter Profile Photo

Market breadth still negative today despite the Technology reversal, and Equal-weighted $SPX is lower by -0.50% as 10 sectors out of 11 are still falling. Yet, we did see some capitulatory-like breadth readings at today's lows this am, and a very impressive rally out of

Mark Newton CMT (@marknewtoncmt) 's Twitter Profile Photo

Early week evidence of $QQQ making a minor breakout vs. SPY provided some decent outperformance this week as rotation BACK to Growth has happened.

Early week evidence of $QQQ making a minor breakout vs. SPY provided some decent outperformance this week as rotation BACK to Growth has happened.
Mark Newton CMT (@marknewtoncmt) 's Twitter Profile Photo

#GOLD is back at new all-time highs today, w/ 10-year Real yields lower by ~3% this week, Sentiment on Gold is growing more bullish, but not overly speculative yet I discussed the risk/reward for Gold last week & will revisit tonight to discuss some of the best ways to still

#GOLD is back at new all-time highs today, w/ 10-year Real yields lower by ~3% this week, Sentiment on Gold is growing more bullish, but not overly speculative yet

I discussed the risk/reward for Gold last week &amp; will revisit tonight to discuss some of the best ways to still
Mark Newton CMT (@marknewtoncmt) 's Twitter Profile Photo

$AXON Axon Enterprises ("The old Taser") pushing back to record highs on ~5x its 20-day avg volume. This is an #UPTICKS name & will be commenting on this next week as i roll out an updated list for September Investors.com MarketSurge #IBDPartner

$AXON Axon Enterprises ("The old Taser") pushing back to record highs on ~5x its 20-day avg volume.  This is an #UPTICKS name &amp; will be commenting on this next week as i roll out an updated list for September

<a href="/IBDinvestors/">Investors.com</a> <a href="/marketsurge/">MarketSurge</a> #IBDPartner
Mark Newton CMT (@marknewtoncmt) 's Twitter Profile Photo

Many forget that Equal-weighted S&P 500 made all-time highs just 8 trading days ago on 8/30/24. Now cap-weighted $SPX is within 1.5% of ATH (Chart shown of $RSP)

Many forget that Equal-weighted S&amp;P 500 made all-time highs just 8 trading days ago on 8/30/24.   Now cap-weighted $SPX is within 1.5% of ATH  (Chart shown of $RSP)