Be Cautious in Case of a Second-Half Hiccup

Equities finally saw some market volatility last week primarily on escalating tensions between North Korea and the United States. The S&P 500 slipped roughly 1.5% on the week. That's not much in the grand scheme of things, but it still was the index's worst weekly performance since last November. The index last Thursday also saw its first move of more than 1% in more than 55 daily trading sessions. High-beta sectors such as small-caps and biotech were hit worst last week, both posting declines of about 3%.

We also are near the end of second-quarter earnings season. Consequently, I think it is time to take stock of the market and make some investment observations....404 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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