Mark Newton Says Technology Is the Number One Sector to Own

Mark Newton thinks earnings strength and technical momentum still clearly favor tech over most of the market.
Key points:
- Technology stocks are driving earnings growth and continue to outperform the majority of other sectors
- Outside of tech, Newton favors healthcare and sees little reason to buy dips in consumer discretionary, industrials or financials right now
- He expects broader participation only closer to the midterms, when falling rates and a weaker dollar could help the whole market move higher