Friday, July 30th, 2010

A strong argument can be made that every portfolio should include a stock from the financial sector. As one of the larger sectors, banks move the market in both positive and negative ways. The financial meltdown of late 2008 was the result of the financial institutions and in March of 2009 the stock market had an amazing 30% run up as a result of the financials. They truly do move the market.