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Wednesday, 24 October 2018

How to Play a Shaky Market: NYSE Trader Breaks it Down: TheStreet: Investing Strategies


Published 24 October 2018

Need some advice?

Kenny Polcari, director at O'Neil Securities, talked about the ways to prepare in a market meltdown.
"The market needs to find a way" to rally, Polcari says.

Many investors may be feeling the anxiety as the Dow and S&P 500 fall in trading on Wednesday morning.


On Tuesday, Oct. 24, the Dow dropped 548 points at the session low.

Polcari gives investors advice on how to handle a volatile market and he even comments on his pumpkin risotto--the recipe to which can be found in his newsletter.


Polcari tells TheStreet "the market has been struggling...to rally and find a level of comfort."

Cramer has previously warned about selling during a dip.

On Tuesday, Jim Cramer said that he believes that the current market is a "buyers market." When asked, Polcari says that he agreed with that. He added that sellers are feeling anxious.


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