NYSE stock traders
The tech-heavy Nasdaq Composite and S&P 500 are up about 15% and 7%, respectively, so far in 2023.
  • The stock market rally will continue as tech stocks have made a strong comeback, according to Fundstrat's Mark Newton. 
  • "We do see signs of technology coming back with a vengeance in the last couple of weeks," he said. 
  • So far in 2023, the tech-heavy Nasdaq and S&P 500 have rallied 15% and 7%, respectively. 

The stock rally in place since the start of the year is poised to prevail as tech shares - which took a drubbing in 2022 - come back with a "vengeance," according to Fundstrat's head of technical strategy.