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Mark Newton:: Tech Is Overbought. Where the Money Goes Next.

2026-06-02 People & Blogs
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Fundstrat
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Description

Fundstrat's Mark Newton joins Yahoo Finance to break down where the market goes from here. He shares his latest technical outlook on commodities, the tech trade, sector rotation, and the broader market setup heading into the summer. Get Fundstrat's full second-half 2026 outlook→ https://research.fundstratdirect.com/macro-update-and-top-ideas-webinar-may/?utm_medium=social&utm_source=youtube&utm_campaign=appearance&utm_term=20260601&utm_content=Yahhoo-Finance Start your free trial to watch Mark Newton live on his monthly Technical Analysis webinar→ https://fundstratdirect.com/full-services/?utm_medium=social&utm_source=youtube&utm_campaign=appearance&utm_term=20260601&utm_content=Yahhoo-Finance Follow Fundstrat Direct on socials: X/Twitter→ https://x.com/FundstratDirect LinkedIn → https://www.linkedin.com/company/fundstrat-direct/ TikTok → https://www.tiktok.com/@fundstrat_directt Facebook → https://www.facebook.com/fundstratglobal Instagram→ https://www.instagram.com/fundstratdirect/ #Fundstrat #TechnicalAnalysis #CrudeOil #OilPrices #SP500 #StockMarket #Semiconductors #TechStocks #SectorRotation #Bitcoin #marketoutlook

Top Comments (10)

@WayneCheli 2026-06-04

Good spending habits, good saving habits and very very importantly investing into good appreciating assets can be very very life changing. At 42, earning 75K biweekly… but honestly, the money isn't even the highlight. What means the most is having a family that stood by me when life was tough. I'm living the life I once prayed for. If you're still fighting your battles, don't lose hope — your season is coming.. ❤

12 18 replies
@oceanview3165 2026-06-03

Still waiting for ETH to go up to 20K man

6 1 replies
@MattRodriguez-h7j 2026-06-03

So Tom Lee is banned

6
@mikehoffman5130 2026-06-03

Every time Newton comes on screen, he delivers these wildly volatile, high-beta macroeconomic predictions with that exact same deadpan, stuttering, hyper-serious composure of Bob Newhart. He sits there calmly forecasting $60 crude oil based on a two-week drop, while simultaneously admitting that inflation is bound to rise over the next six months because oil had previously been over $100. It is pure theater presented as clinical strategy.

4 3 replies
@keto6789 2026-06-02

They've been saying tech is overbought for 20 years now.....

4
@AWH-kk3pp 2026-06-03

Making money in market feeds the midterm

1
@matthewcostigane5532 2026-06-03

Hard Asset Rotation precious metals.

0
@Futuresmarkethub 2026-06-03

Thanks.

0
@krunoslavkovacic5225 2026-06-03

BRENT December futures currently sits at $88.30 so it is very unlikely crude is going to fall to $60 any time soon.

0
@Stiitchjones 2026-06-05

Its not necessarily overbought...some companies are down from highs...Microsoft, Meta, Tesla those are mag 7 companies. Some of the ones overbought are some of the ones that shouldn't be there anyway. Nebius, Applied digital Palantir even though its coming down form its high too. Evrerybody is predicting 8000 S&P or more by year end. A good bit of that is Tech and Industry

0

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