Posts From Mark Newton

Mark Newton
Mark has more than 20 years of buy and sell-side experience in the financial services industry. He formerly served as Chief Technical Analyst at Greywolf. Prior to that he worked with Diamondback Capital Management as a technical analyst and portfolio manager, and with Morgan Stanley in New York City as their technical strategist. Before moving to the New York City area in 2004, Mark traded equity options as a market maker/floor trader at the CBOE, and worked in risk management. Mark is a member of the Market Technicians Association, and former member of the CBOE, CBOT, and PHLX. He graduated with a BS in Finance from Virginia Tech in 1991 and obtained his Chartered Market Technician designation in 2002. His expertise is primarily in using advanced methods of technical analysis to identify stocks, commodities, and currencies with above-average risk/reward characteristics that can maximize returns and minimize risk. In addition to employing standard technical tools to identify trend duration, relative strength, and momentum, Mr. Newton utilizes counter-trend analysis to identify potential trend exhaustion and reversals of trend. He appears frequently on CNBC’s The Closing Bell, BNN, FOX Business News, along with Yahoo Finance.
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S&P 500 Weekly Technical Perspective – March 27

Note that this is an excerpt from Mark’s premium research at Newton Advisors. The S&P 500 (INDEXSP:.INX) monthly chart below shows that US markets could possibly experience their first down month of the year after pulling back 0.83% over the first few weeks of March. There are just five trading days remaining….

S&P 500 Technical Trading Update and Outlook – March 24

S&P 500 Futures: (2-3 Days) Bearish Heading into the last day of the week, the short-term trend for the S&P 500 (INDEXSP:.INX) remains down. A bounce is occurring across the stock market indices but it has thus far failed to make enough progress to think lows are in place. Until futures prices can…

U.S. Equities Short-Term Technical Outlook – March 20

Most of the world stock market indexes are fractionally today, including the S&P 500 (INDEXSP:.INX). German and Italian bond yields are slightly higher, while the US Dollar (CURRENCY:USD) is largely unchanged vs most of the Majors. Equities have failed to show the kind of upside continuation that was thought to…

S&P 500 Trading Update: Watch Last Week’s Lows!

S&P 500 Futures: (2-3 Days)- Mildly Bullish The trend has proven quite shaky of late since late February, and it wouldn’t take much to turn the trend down, with one cycle study showing a low possible for 3/24. For now, there remains insufficient deterioration in trend of the indices themselves to suggest getting bearish…

Market Update: Yield Curve Breakout Bullish For Stocks

S&P 500 Futures: (2-3 Days)  Bullish The markets recaptured early weakness again on Thursday. And market momentum has begun to strengthen on the heels of the yield curve breakout.  Rising yields should be supportive to financial stocks near-term. Movement up above 2370 on the S&P 500 (INDEXSP:.INX) should help drive a rally back…

U.S. Equities: Short-Term Technical Indicators Point Higher Yet

S&P 500 Futures Trading Outlook (2-3 Days):  Bullish It still looks right to give the bulls the benefit of the doubt, as prices closed up above support at 2365 and now HOURLY TD COMBO buys are present. While there are notable warning signs of breadth divergence & more stocks hitting new…

S&P 500 Technical Update And Trading Outlook – March 3

S&P 500 Futures:  (2-3 Days) Bearish down to 2368 – Prices managed to give back around 60% of the prior day’s advance, though look to have a bit more on the downside into Friday/Monday before any kind of near-term low is place.  Pullbacks which get down under 2367 would be thought…

S&P 500 Technical Update: Near-Term Upside Limited

S&P 500 Futures: (2-3 Days)- Upside likely limited to 2375. The S&P 500’s (INDEXSP:.INX) move back to new intraday and closing highs could allow for brief upside into 2375 into early March, but I’m hesitant to think much more upside is possible. It’s tough taking a real bullish stance here as upside…

Stock Market Update: Sell Signals Warn Of Trend Reversals

The market continues to push upwards, though with less breadth and magnitude than seen in recent days. Today, the S&P 500 (INDEXSP:.INX) is driving closer to 2350, and the Dow Jones Industrials (INDEXDJX:.DJI) 20,600. While the Media talked about indices scaling further into new highs territory (which was certainly true), though, prices…

Market Update: Technicals Point To Exhaustion Next Week

S&P 500 Trading Outlook: (2-3 Days)  I’m mildly bullish into early next week, but I’m looking to sell rallies at 2315 stretching up to 2325 (and flatten out). I’m awaiting signs of a reversal, which should be in place by early next week. The S&P 500 (INDEXSP:.INX) is now up to within…