One word, "Libya." Pretty much a lot of running to physical gold and oil.
On AMEX - KRY sp stalled after international news of Libya. The general Market news pulls on sp as well as company news, etc. International news won yesterday, so will see how today goes. Folks ran from stocks and to Gold and Oil.
S&P opened up a touch and is down at this time. Dow also down. Likely initial cost averagers seeing some bargains, but down side might not yet be done. Seeing about half green on my watched stocks at this time. Big hit on the Dow yesterday over this Libya stuff. May eventually come back once folks figure out that Libya has nothing to do with some things like US consumer spending (Macy's blew away the nunbers then got hammered), or many other things. Then again, could be an excuse to start a pullback/correction. Stay diviersified, and if not, get diversified.
Gold took off and ran by resistance. Totally Bullish at this time. Beware - as Libya will eventually settle out, one way or another.
Hang in there.