Mark Newton CMT

40,703 Twitter followers

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

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Signal Clone Analysis

Mark Newton CMT

Note how minor setbacks barely affected many stocks in the Optics area, & stocks like $CIEN still quite robust & not much trend damage thus far. @IBDinvestors @marketsurge This will be something to watch, but Telco-Optics space remains one of the more bullish areas in the mkt with not much weakness thus far.

MKT

Mark Newton CMT

03-31

"Semis" cracked support of its 4-mth H&S today which i spoke about a bit last week but bears repeating. While $QQQ getting closer to support, this is notable short-term headwind as Software has roundtripped from Feb while $SMH and SOX broke down today. #IBD charts from @IBDinvestors @marketsurge bit.ly/3zhabe3 I discuss both Semis and Software tonight & levels to watch carefully for short-term lows in April http:/fundstrat.com/Mark

MTH

Mark Newton CMT

03-28

$NVDA breakdown problematic for Tech as Equal-weighted Tech ETF $RSPT also violated support today @IBDinvestors @marketsurge New charts like below found here: bit.ly/3zhabe3 While this might find strong support initially near 160-3, it will be important for SMH to hold 370. Market not really that oversold & no capitulation after five wks down. Disgruntlement doesn't equal Fear but that could happen into the 1yr annvy of last yrs lows. Watch Bond ylds, Crude & stay diversified w/ position sizing small w/ SPX under 200-day which normally is far more volatile. Happy Weekend all. Go WILDCATS

I appreciate you posting, thanks, better lucky than good :) still a tricky time

Mariusz | Investing in the UK

@Mariusz_Invest

03-27

That aged very well! @Mr_Derivatives @MarkNewtonCMT the GOAT 🐐 x.com/mr_derivatives…

Mark Newton CMT

03-27

Thread

I've been discussing the breakout in bond yields globally which is certainly quite important, but gave a head start on Equities breaking down- 10-Yr. German Bund Yields getting above 2.91 proved to be just as impt as TNX getting above 4.29% While many are busy studying 200-day moving averages, it's the cross-asset volatility & what's been happening across fixed income, Crude & FX that's essential to focus on right now.

BUND