The S&P 500's failure to eclipse 2,940 in the last month should be over soon, technical analyst Mark Newton says
"Until we see some evidence of technology breaking, this is still going to serve as a tailwind for stocks," Mark Newton of Newton Advisors says.The S&P hasn't closed past 2,940 since early August.
An employee cleans a window at Apple Inc.'s new Canton Road store in the Tsim Sha Tsui district of Hong Kong, China.has closed within a 100-point range for about the last month, but the continued strength in technology stocks should finally drive it higher, Mark Newton of Newton Advisors predicted Wednesday on CNBC.
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