Stocks pulled back on Monday in yet another volatile session as fears over a Greek exit from the euro and Chinese slowdown weighed on the markets. With losses accelerating on Tuesday, the S&P 500 index has now turned negative for the year. But even amid the increased volatility of late, there are still names to own that can help protect your portfolio, according to Cornerstone Macro head of technical analysis Carter Worth.
"In a very up-and-down kind of environment, often favoring relative strength makes a lot of sense," Worth said on CNBC's "Fast Money."
Worth identified the health-care, consumer discretionary and financials sectors as three areas that have shown relative strength in the past few months. He went on to name one stock in each sector that has outperformed and that is setting up technically for more gains.
In the consumer discretionary space, Worth called flooring company Mohawk Industries a favorite pick. The stock broke out late last year, he said, and could be setting up for another move higher based on the charts. Mohawk Industries is up more than 23 percent so far this year.