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 Update: Nagging Concerns, But New Highs Likely

S&P 500 Futures Trading Outlook (2-3 Days):  BULLISH Now that S&P 500 has eclipsed 2396, we have filled the gap while many sectors are on the verge of breakouts, including the Industrials (NYSEARCA:XLI). Over 2404 will drive the S&P 500 futures to 2425-35. And given the pattern since early March, its…

Market Update: Stocks Rally But Not Out Of The Woods Yet

Market Trading Update – Friday, May 19 We’re seeing another day of bouncing in the S&P 500 (INDEXSP:.INX) and other broad equity indices. Elsewhere, European stocks are also rallying while Asia is largely mixed. The U.S. Dollar Index (CURRENCY:USD) is getting hit hard yet again vs both the Pound Sterling and…

S&P 500 Mid-Day Technical Trading Update – May 17

Stocks are getting hit hard today across the board, with the S&P 500 Index (INDEXSP:.INX), Dow Jones Industrials (INDEXDJX:.DJI), and Nasdaq Composite (INDEXNASDAQ:.IXIC) all down over 1 percent each at the time of this publication. Here’s a mid-day stock market update and trading outlook. S&P 500 Update & Trading Outlook…

S&P 500 Update: Small Caps Lag But New Highs Likely

S&P 500 Futures: (2-3 Days) – Bullish Pullback attempts yet again were bought up by the bulls. The S&P 500 (INDEXSP:.INX) bottomed right where it needed to before rallying nearly 15 handles off early lows. Unless 2375 (futures) / 2378 (cash) is breached on a close, it’s still wise to play for…

U.S. Equities Technical Trading Update: Tech Stocks Stay Hot

The S&P 500 (INDEXSP:.INX) failed to match the bullishness of the NASDAQ Composite  (INDEXNASDAQ:.IXIC), which has been a common theme in recent weeks.  No change in outlook (still bullish short-term, 2-3 days) given that pullback attempts have largely failed to even get down under prior day’s lows. Look for rally…

U.S. Equities Short-Term Outlook: Still Bullish

S&P 500 Futures: (2-3 Days)  Bullish It’s thought that the late day rally in stocks on Thursday should follow the breakout higher in Treasury yields (INDEXCBOE:TNX) and begin to trend up to new highs in the days ahead. While a neutral trend for the S&P 500 (INDEXSP:.INX) is an accurate depiction…

U.S. Equities Update: Apple (AAPL) & The Fed In Focus

S&P 500 Futures: (2-3 Days)  Neutral We are neutral on the S&P 500 () until 2400ish (or 2395 on futures) is exceeded or 2377 is breached. Apple’s earnings (NASDAQ:AAPL) and the Federal Reserve statement will be the buzz of the day. The last 5 days have been lifeless, showing very little overall…

Market Update: Tech Stocks Stretched But Still Place To Be

S&P 500 Futures: (2-3 Days) – Bullish No real clues from Thursday’s unchanged close, but a few days of sideways consolidation on the S&P 500 (INDEXSP:.INX) after this recent run would likely be healthy and bullish. This may lead to a move back higher to new all-time highs. Any drawdown likely doesn’t get below…

S&P 500 Technical Update: New Highs On The Horizon

S&P 500 Futures: (2-3 Days) – Bullish Tests of all-time intra-day highs from March 1 are directly above for the S&P 500 (INDEXSP:.INX). S&P 500 futures came within a few points, and this area is likely to be tested and exceeded before any type of market peak is in place. Short-term trends…

U.S. Equities Short Term Technical Outlook – April 21

S&P 500 Futures: (2-3 Day Outlook) Bullish up to 2369-71, with moves above this leading to a more robust move back to new highs. For now, the S&P 500 (INDEXSP:.INX) is at a tough juncture; prices have exceeded 2347, but yet remain in a mild downtrend from early March. One can see…