Optimism appears to be providing the momentum for stocks to head higher in the near term, StockMonster's Guy Adami said Monday.
"The market's now impervious to everything," he said, noting that the market was coming off a "very bullish week."
Stocks ended near session highs in choppy trading, with the Dow Jones Industrial Average and S&P 500 closing in positive territory for the fourth straight session as investors remained encouraged by signs of progress in the budget deal.
On CNBC's "Fast Money," Adami said that stocks appeared to be poised to climb toward 1,725 to 1,730.
ExxonMobil appeared to have formed a double-bottom, he added, making it playable against $85.50 and $86 into its quarterly earnings report Oct. 31.
Adami also liked LinkedIn, saying, "That's another name that might be interesting to get into."
Karen Finerman of Metropolitan Capital Advisors said that she was sticking to stocks' underlying fundamentals.
(Read more: Hedge-fund manager gears up to short stocks again)
"It's scary, actually, to have to try to play how sane or insane our Congress is, so I kind of try to avoid the whole thing, knowing there's great volatility in the next few days," she said.