Cramer: As Utilities, Pharma Advance, Should You Retrench?
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Conventional wisdom would suggest it's time to get out of the market about now. Both the utilities sector and the pharma sector are making noteworthy gains.

"It's a confusing thing," said Jim Cramer. "Pfizer and Lilly hit multi-year highs. Meanwhile, Dominion and Public Service Enterprises hit hit all time highs."



Typically when these defensive sectors advance, other areas of the market decline, especially those areas viewed as higher risk.



"You might think that means trouble lies ahead," said Cramer. But if you think that - you'd probably be wrong.