Downtrend for Russell 2000 Still in Effect, Mark Newton Says

The video discusses the January effect, highlighting a strong start for risk assets like NASDAQ 100 futures, oil, and Bitcoin. It analyzes year-to-date performances of various assets, including the Russell 2000, Fang trade, and energy sector. Mark Newton from Newton Advisors provides insights on market trends, noting historical challenges with the January effect and current market resistance. He suggests selling futures due to overbought conditions and potential market pullbacks. The video concludes with a cautious outlook on the upcoming earnings season.

What is the January effect and how does it relate to market performance?

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According to the discussion, what has been the performance of the Russell 2000 in January historically?

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What concerns does Mark Newton express regarding the current market trends?

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How does the RSI relate to the current market conditions according to the discussion?

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What indicators does Mark Newton mention that suggest a bearish outlook for the upcoming earnings season?

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