The stock market is toppy. The Feds are still worried about inflation. The US is trying to get sanctions and import fees against China. All the headlines are pointing to an anti-business environment.
On 1/16/07 I made a post about the leading indicators for recession.

No false signals have been given by the 10-year bond minus the three-month T-Bill spread since 1970.

Today this signal has been down long enough to say the recession is coming. This will put a damper on stocks.
The last week high is now the high for along time coming.

Protect yourself on any rallies and buy puts or sell calls or sell some stocks that are going south. Tighten up your stops.

Good Luck.