With the S&P 500 (SNPINDEX:^GSPC) 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 (NYSE:USB) and Wells Fargo (NYSE:WFC), a couple of banks that could look like very enticing buys if prices do drop.
Matt Koppenheffer has no position in any stocks mentioned. The Motley Fool recommends Goldman Sachs and Wells Fargo. The Motley Fool owns shares of Wells Fargo. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.