Why You Shouldn't Buy This Dip Yet (ft. Mark Newton from Tom Lee's Fundstrat)

Everyone's rushing to buy the dip in tech. Mark Newton, Head of Technical Strategy at Fundstrat, thinks that's exactly the wrong move right now, and he has the charts to explain why. He joins Gav to break down why chasing beaten-down names is riskier than it looks, when he thinks tech actually bottoms, the levels that matter on the S&P, Micron, and Nvidia, and where he'd put new money instead while the AI trade shakes out. Fundstrat Direct is giving a free 30 day trial to everyone watching. Scan the QR code on screen or use the link below to unlock institutional level research from Mark and Tom Lee: https://fundstratdirect.com/full-services/?utm_medium=referral&utm_source=wolf-financial&utm_campaign=appearance&utm_content=MN-Wolf-Financial Subscribe to our FREE Newsletter: https://marketmadness-newsletter.beehiiv.com/ ▶ Follow Mark Newton: X: @MarkNewtonCMT ▶ Follow WOLF Financial: X: https://x.com/WOLF_Financial X: https://x.com/TheETFTracker This content is for informational purposes only and does not constitute investment advice. The views expressed by guests are their own and do not necessarily reflect those of WOLF Financial. Investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. 00:00 Intro 00:46 How he's reading a rotation-driven market 03:19 Why tech is still out of favor 05:07 Where to put new money instead of tech 08:20 The best time in the 4-year cycle to buy 10:13 Walking the S&P chart and the levels that matter 13:08 Exactly when he thinks tech bottoms 14:02 Why rising yields are the real risk 19:22 What he makes of Apple at all-time highs 21:19 The Micron chart: why he won't buy it here 22:58 Financials, and where the strength is 35:20 Inside Fundstrat's research and free trial 37:33 Final thoughts and his cycle roadmap