Fundstrat's Mark Newton Identifies Upcoming Pullback as Premier Buying Opportunity of Four-Year Cycle

Fundstrat Head of Technical Strategy Mark Newton expects near-term consolidation to precede an extended multi-month rally across global equities.
Newton noted that technology sector leadership remains robust, with strong technical performance in Micron Technology ($MU) supporting his projection that broad market indices have room to establish fresh highs.
According to Newton, a seasonal pullback developing from mid-to-late October into November could offer the most attractive buying opportunity of the current four-year cycle. He projects sustained equity strength from November through April, adding that a weakening U.S. dollar should provide an additional tailwind for emerging markets.