Author: Jeff Clark, Jeff Clark Trader

In short, readers who bought bank stocks two weeks ago based on the bullish technical setup should take profits now.

Yes, stock valuations are stretched, but betting aggressively on the downside right now is probably a mistake.

This is the epitome of a low-risk/high-reward setup.

Folks should be careful chasing the price of gold higher in the current environment.

Traders should be looking for higher oil prices in the days and weeks ahead.