A uniquely pivotable tonearm stabilized by magnetic fields to achieve superior fidelity during playback, is disclosed. The tonearm comprises a tonearm and an arm wand suspended using two or more torsional elements. A top nut assembly is positioned over a top chassis. The top nut assembly is rotated to provide anti-skating force by rotating counter clockwise. The torsional elements are suspended from the top nut assembly and mounted to the arm wand body as an inverted V configuration. The tonearm further comprises two or more magnets including a ring magnet mounted on a lower chassis body and a pair of cylindrical magnets mounted in the arm wand body. Further, a counterweight is mounted on an end of the arm wand and configured to provide the necessary down-force to balance a cartridge and arm wand during operation, thereby providing improved stability with significant improvement in sound quality.