No Taper Decision by the Fed Results in All Time Highs for the Dow and the S&P 500; Bull Market for Gold Stocks is Confirmed

Fidelity Select Gold Fund (FSAGX, last change: 8.62%)

The Fidelity Select Gold Fund (FSAGX, last change: 8.62%) was the largest-gaining Fidelity fund in the market rally that followed the Fed’s decision about not dialing back on the QE3 asset purchase program. The chart pattern of higher lows confirm that gold stocks are no longer in a bear market.

 

Buy/sell signals for Fidelity funds are available at FidelitySignal.com 

 

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