How should investors be positioned in this volatile market environment? Scott Redler, chief strategic officer at T3live.com, shared his best plays.
“We’re trying to navigate the ranges of this market—we’ve had 8 moves of 5 to 10 percent in less than 2 to 10 days so far this year, and we’re down 3 percent,” Redler told CNBC.
“So there’s quick money to be made following the short-term trend.”
Redler said investors should be active and use quick 1- to 3-day strategies because “that’s all the market is rewarding you for.”
Redler’s Picks:
Potash
Hewlett-Packard
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Scorecard—What He Said:
- Redler's Previous Appearance on CNBC (Aug. 12, 2010)
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More Market Intelligence:
- Art Cashin: Hindenburg Omen to Play Out in 3-4 Weeks
- How to Play the Rising Volatility: Stock Picker
- S&P Will Reach 1250—Invest Here: Chief Investor
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CNBC Data Pages:
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CNBC Slideshows:
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Monday's Top Dow Gainers (As of Mid-Morning):
Cisco Systems
Intel
Home Depot
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Disclosures:
No immediate information was available for Redler or his firm.
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