Bulls are off to a solid start for 2018 with a solid rally.
Not a major rally, but considering the sell-off that concluded 2017, there was some pause among traders as to whether the selling would carry over into the new year.
So far that has not been the case, and the Santa Rally is looking pretty good so far.
Below are my trade setups that I will be following throughout this week, and, currently I have already added a couple of positions, and stalking another.
Healthcare stocks are showing a lot of promise here, and technology is trying its best to put a good bounce together here. I took casino stocks like Wynn Resorts (WYNN) off the list, as their charts are faltering today.
Here’s the bullish watch list: