The financial stocks have now turned down on the day, and gold is now up more than 1.5%, and therefore I am starting to get wary of whether the markets can stay up for much longer. Remember, the markets cannot continue to advance without participation from the financial sector..I hate that the general market and the bank stocks are so closely correlated, but unfortunately that the case.
Once again, if you have some slight gains outstanding, now might be yet another good time to get prepared to be more conservative in your investment approach. But, there's still a lot of ball left to play so we'll see how things continue to shape up.
