Tue October 24, 2023

Tech remains quite strong vs. SPX despite some mixed results

QQQ, DJIA AND SPX ARE RIGHT AT OCTOBER LOWS, AND SHOULD ATTEMPT TO MAKE A STAND THIS WEEK.  HOWEVER, THIS LIKELY DOES DEPEND ON STELLAR TECHNOLOGY EARNINGS ALONG WITH A...

Thu July 13, 2023

Banks have turned more positive heading into Earnings

TREND BULLISH- EXPECT RALLY UP TO SPX 4515-25, AND ABOVE TO NEAR 4550-65 INITIALLY INTO NEXT FRIDAY, WHILE QQQ’S MOVE ABOVE 376 MIGHT HELP THIS REACH 380.  NO EVIDENCE OF...

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...

Thu March 9, 2023

Financials breakdown vs SPX will lead to further underperformance

The worse-than-expected Jobless Claims number Thursday (211k vs. 195k expected) caused a big Treasury rally but failed to lead stocks higher, given the big decline seen in bank stocks led...

Fri February 10, 2023

Aerospace/Defense nears breakout while Energy picking up steam

The near-term technical structure has worsened a bit this week with the break of 4100.  While I ultimately expect any further pullback to prove mild and not undercut 3885 before...

Fri January 27, 2023

Technical thoughts on Chemical stocks, Intel, Tesla and Bitcoin

The ability of SPX and NASDAQ to close up near its highs of the week is certainly thought to be a positive, not a negative as prices officially broke out...

Thu January 26, 2023

Discretionary extending run after breakout vs. Staples

Markets have ground higher in a way that seems perplexing to most investors who don’t utilize technical analysis.  While many are concentrating on earnings, or the endgame for Fed rate...

Fri December 2, 2022

Amidst a Backdrop of Other Developments, Powell’s Comments Spark a Good Week for Equities

Ordinarily, many investors would have been focused on the retail sector this week. If we consider Thanksgiving to be the official beginning to the holiday shopping season, this year saw...

Thu December 1, 2022

2-Year Yield finally showing some evidence of peaking out

1 year ago Members Only: FSI Macro and FSI Pro LIVE Technical Stock Analysis - November 2022 Wondering where your stocks are headed into the year-end? Please join us for...

Wed November 9, 2022

Crypto carnage looks to extend in the short run

Thursday’s CPI report could be the most volatile time this week, with SPX at-the-money straddles pricing in a 2% move.  As discussed, the hyper-weakness in Technology combined with the uptick...

Mon November 7, 2022

Negatives increasing after bounce; Short-term Peak likely by Thursday

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...

Mon October 10, 2022

Small-caps should be overweighted for Oct-Dec bounce

The drawdown in $SPX neared September lows to kick off the new week, while NASDAQ officially did break down to new 2022 lows before its late rally.  Does this mean...