The recent market pullback caught a bunch of investors off guard.

But if you've taken a balanced approach with your retirement wealth, you should still be in great shape!

Investors who spread their capital into different areas of the market can ride out a pullback like this. That's because there are always some areas of the market trading higher.

And if you're diversified, you should always have some winners to help offset the weak areas in your stock account.

Today, I've got two areas of strength (and two specific stocks) for you to consider adding to your investment account.

All the information you need is in today's video. (And as always, I'm including my notes below).

Video Notes:

Today's market is showing some serious signs of weakness. That’s because there are a lot of concerns among investors including:

• The economic reopening — is it as strong as we thought, or are there variables at play keeping the reopening trades from performing how we hoped?

• Comparables — after a year of strong growth, can companies continue to keep up the pace heading into third-quarter earnings?

• Interest rates — how will some of the most popular stocks on Wall Street react to the Fed raising interest rates?

• New investors — will rookie investors begin to panic as volatility creeps in and the market trades lower?

These areas of uncertainty could stick around a while, so it may take a bit for the broad market to start showing signs of recovery.

But if you know where to look, there are always areas of opportunity. That's where we need to focus our attention right now as stocks continue to sell off.

That brings me to two great picks I want to highlight today that are both in strong areas of the market...

The first area of strength is financials, specifically bank stocks.

• Banks have historically made money by borrowing cheap and lending to individuals at a higher rate, referred to as net interest income.

• Although there have been some bumps along the way, the economy is still reopening and businesses will need to borrow to expand.

• This is great news for regional banks who lend to small businesses to help them grow.

• One of the regional banks I like right now is Fifth Third Bancorp (FITB), a primarily Midwest bank spreading into the Southeast.

The second area I want to highlight is energy, more specifically oil and gas producers.

• Oil prices are high thanks in part to the rising demand for gas.

• And since there haven’t been investments in new oil fields, there’s now a supply problem too, which drives prices even further.

• Halliburton Co. (HAL) is a name that we just used in my Income on Demand

• HAL serves oil and gas by providing parts, expertise and services for oil and gas producers.

• The company is growing profits, trading at just 15x earnings with an 0.8% yield. And I think this dividend could go higher in the near future.

That’s all for today! I hope you're faring well in this market and keeping a balanced approach.

Thanks for watching. And as always, feel free to let me know what you think about these two stocks by sending me an email or leaving me a note on Twitter.

Here's to living a Rich Retirement!

Zach Scheidt
Editor, Rich Retirement Letter
RichRetirementFeedback@StPaulResearch.com