Asian equity markets tumble on heavy losses on Wall Street and heightened concerns over European sovereign debt.

Gold futures rise early on Thursday as stock markets react positively to President Barack Obama’s State of the Union address, in which he outlined his intentions to continue supporting the economy.

Gold futures fall on Wednesday, as ongoing worries over China’s move to slow down its economic growth and weakness in other commodities prompts traders to sell the precious metal.

Stephen L. McKee, editor of the No-Load Mutual Fund Selection & Timing Newsletter, says that while investors may be worried about a market correction, they should be looking for bargains.

Stick to a few ETFs that represent excellent fundamental bets so as to not diversify away your gains.

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