Why a Technical Analyst Predicts a 7% Drop in the Stock Market by Mid-November

Mark Newton, a technical analyst at Fundstrat, has forecasted that the stock market may experience a 7% correction by mid-November, attributing this downturn to factors such as investor complacency and unfavorable seasonal trends. In a recent communication to clients, Newton indicated that the S&P 500 is likely to exhibit weakness as it approaches the general...