With the S&P 500 (^GSPC 1.12%) having already gained 6.5% this year, and 19% since June, is it heading for a pullback? In the following video, Motley Fool financial analyst Matt Koppenheffer gives his prediction, tells investors what they should do about it, and takes a look at US Bancorp (USB +0.23%) and Wells Fargo (WFC 0.98%), a couple of banks that could look like very enticing buys if prices do drop.
Buy Now or Wait for the Sell-Off?
By Matt Koppenheffer – Feb 12, 2013 at 4:58PM
NYSE: WFC
Wells Fargo
Market Cap
$270B
Today's Change
(-0.98%) $0.85
Current Price
$85.65
Price as of November 6, 2025 at 3:59 PM ET
Is the S&P 500 headed for a pullback?
About the Author
Matt is the head of the Coverage Team for The Motely Fool's premium products. Previously, he's been . Matt is a heavy user of AI tools and is working on harnessing them to help Fool members. Previously, Matt was GM of Motley Fool Ascent, led The Motley Fool Deutschland, has been an investor on various Fool services, and co-hosted the podcast "Where the Money Is". He also co-authored the book The Astonishing Collapse of MF Global. Matt started his career in San Francisco as a technology-focused investment banker and also worked at a $15 billion private equity company. When he's thinking about how to make Fools smarter, happier, and richer, you can usually find Matt running trails or making a mess in the kitchen. He's a graduate of the University of Pennsylvania, but is a lifelong fan of Penn State football.