Market Cycles Turning Down in Late February, Says Mark Newton

Video Description

View Fundstrat Membership Offers: https://fsinsight.com/sales/president-26/?utm_medium=social&utm_source=youtube&utm_campaign=appearance&utm_term=20260213&utm_content=pres-2026 Fundstrat’s Head of Technical Strategy, Mark Newton, joins Adam Taggart of Thoughtful Money for an in-depth discussion on his market outlook for 2026. In this wide-ranging conversation, Mark walks through the technical signals, market cycles, and sector trends shaping his view of the year ahead, including volatility, risk management, and areas of potential opportunity across equities, commodities, and global markets. This interview originally appeared on @adam.taggart ’s Thoughtful Money channel and is shared here with permission. All rights and credit belong to the original creator. 0:00 - Macro level outlook update from previous interview 2:06 - Choppy year ahead with potential 15-20% decline 2:51 - Cycles turning down in late February 3:37 - Sentiment optimism and geopolitical factors 4:34 - Technology slowdown and sector rotation 5:24 - Not an earnings-led decline, broadening positive 6:00 - Outperforming benchmarks by avoiding big tech 6:57 - Portfolio managers' potential outperformance 7:35 - Overweights in energy, materials, industrials 8:11 - AI beneficiaries spreading beyond developers 8:35 - Governments taking interest in AI globally 9:26 - Basketball team analogy for market health 10:27 - Global indices at highs, constructive signs 11:18 - Watching tech comeback after earnings 12:20 - Difficulty picking tops, segue to gold/silver 13:10 - Statistical rarity of consecutive strong years 14:11 - Difference in methodology from Tom Lee 15:48 - Choppy year with volatility and corrections 16:43 - Sharing screen for S&P outlook chart 19:04 - Sector overweights and concerns reversed 20:59 - De-risking strategies based on risk tolerance 21:48 - Commodities rally despite weakening inflation 23:52 - Silver's bullish long-term breakout 25:23 - Issues with metals' parabolic state and sentiment 26:23 - Rally into February then correction expected 27:35 - Conference views on bubble territory in metals 29:32 - Protecting gains with stops and trends 30:05 - Technical analysis over biased reasoning 30:50 - Interest rates bottoming, real yields creeping up 33:17 - Fed pressures and dovish policies 34:43 - Debt issues and tariffs' impact 36:03 - Fundamental question on precious metals 36:28 - Wall Street firms on bond regime shift 37:26 - Not suggesting gold entry now, poor risk-reward 38:17 - Crude ending bear market, rally expected 39:20 - Corroborative data on oil and gas attractiveness 40:41 - Need for fossil fuels with AI growth 42:10 - Cycles and trends for crude outlook 43:23 - Invitation for Q2 return appearance 44:08 - Dollar devaluation and currency opportunities 45:17 - Japan stock market and yen weakness 46:43 - Liquidity models and headwinds 47:55 - Affordability problems in housing 48:46 - Where to follow Mark Newton's work 49:35 - Closing thanks and appreciation FOLLOW US FOR DAILY INSIGHTS! X: @fs_insight (https://x.com/fs_insight) Instagram: @fs_insight (https://www.instagram.com/fs_insight/) TikTok: @fs_insight (https://www.tiktok.com/@fs_insight) LinkedIn: https://www.linkedin.com/company/fsinsight/ Merch Store: https://merch.fsinsight.com/ CONTACT US! [email protected]