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.

Krinsky notes…

Click here to continue reading

Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common Sense. I don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!