15 Bullish Technical Charts MKM Analysts Are Watching

In a new report, MKM Partners analyst Jonathan Krinsky explains why MKM believes that the S&P 500 is likely headed for another large pullback in coming weeks. According to Krinsky, the 13 percent, 26-day rally off of February lows is nearly identical in magnitude and duration of the rally in the Fall of last year.

Despite the cautious outlook, Krinsky names 15 stocks with very bullish technical charts that could be relatively safe plays in the event of another major market pullback.

“There is no theme here as these stocks are across different industries, but displaying strong absolute and relative charts,” he explains. Krinsky adds that MKM expects these 15 stocks to outperform in the short and intermediate-term.

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Krinsky notes bullish charts for the following stocks:

C R Bard Inc BCR

Cabot Corp CBT

Colgate-Palmolive Company CL

Drew Industries, Inc DW

Ebix Inc EBIX

FLIR Systems, Inc. FLIR

Firstmerit Corp FMER

NVIDIA Corporation NVDA

Pool Corporation POOL

Ruth’s Hospitality Group, Inc. RUTH

Teradyne, Inc. TER

Hanover Insurance Group Inc THG

Thermo Fisher Scientific Inc. TMO

UnitedHealth Group Inc UNH

Vulcan Materials Company VMH

Krinsky also includes the following annotated charts in his report.

Disclosure: the author holds no position in the stocks mentioned.