Short Term Bullish on Stocks

When you strip away the tumult in the Russell, the markets have been rather sanguine in 2024. At exactly flat for 2024, we are still waiting for a sensational move in either direction to set the tone for 2024. If you’re already long EV, solar and other cool areas of the market, the tone has already been set for you — sharply lower.

Here are 10 stocks with market cap above $50b with very strong technicals — take what you will from it.

$WDAY, $COST, $ISRG, $META, $NOW, $VRTX, $CNI, $ARM, $SAP, $BLK

The list carries on to 238 names fitting my criteria inside Stocklabs.

Once again, I find myself wanting to hate the market but being forced to like it. Even though I traded through a sickened haze last week, I was alert enough to understand the natural tendency of the market was higher and that bias had not been stricken down.