Investors are coming off a wild up-and-down session for stocks, with the S&P 500 rising on Monday after hitting a new 2022 low.
"I think it's really hard to try to pick bottoms in the market or pick tops in the market," Tim Lesko, director and senior wealth advisor at Mariner Wealth Advisors, said Monday on CNBC's"Closing Bell.""I think what we're seeing is that in the long run, we've got a very high allocation to stocks, people are starting to rebalance and there's some competition for stock now in the marketplace.
"With financial conditionings tightening as they are, we think the Fed is going to be slightly more dovish than the market is expecting," Eric Johnston, head of equity derivatives and cross asset products at Cantor Fitzgerald, said Monday on CNBC's"Closing Bell."
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