Stocks rose for the second straight day on Tuesday.
Ryan Detrick, chief technical strategist at Schaeffer's Investment Research, and Ronald Weiner, president and CEO of RDM Financial Group, shared their thoughts on whether the rally will last — and where people should invest.
Detrick is bullish on the market and said investors' low expectations will continue to send it higher. He pointed to its recent pullback of only about 5 1/2 percent, which caused the volatility index (VIX) to spike more than 33 percent.
"To us that says there's still a lot of skepticism," Detrick said. "We really think that you can buy this market, and [the S&P 500] should rally up to about 1,250 sometime into the first quarter of next year."
Gold is up nine years in a row, but Detrick said he doesn't recommend buying the crowded trade. Instead, he likes real estate investment trusts (REITs), which he thinks will outperform gold on the year.
Weiner remains bearish but said there are still safe areas to invest. While he would avoid risky areas, which he specifies as health care and REITs, he likes energy, industrial materials and technology. These sectors are safer because if they do take a dip, there's no doubt they'll bounce back as time passes, he said.
"Making bets on whether something is going to recover or not, it's just riskier," Weiner said. "So we prefer just not to be as risky."
Although natural gas is still a play, it's not as good as it was when touched nearly a 30 to 1 ratio against crude, Weiner said. Now it's important for investors to pick a good company, and he recommended Anadarko .
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Disclosure information was not available for Weiner, Detrick or their companies.