Money flow: Where is the bull market now?

While the stock market selling continues, the bull market in treasury bonds accelerates.

Fidelity Spartan Long-term Treasury Bond Index fund (FLBAX) closed up 2.67% up

The Fidelity Spartan Long-term Treasury Bond Index fund (FLBAX) closed up 2.67%

Gold stocks break out of trading range

We’ve been tracking gold stocks for some time and the breakout happened today, following a 3.02% move in the gold bullion (GLD).

SPDR Gold Shares (GLD) up 3.02%

SPDR Gold Shares (GLD) up 3.02%

The Fidelity Select Gold (FSAGX) fund is up 1.64% today and broke out of its trading range

The Fidelity Select Gold (FSAGX) fund is up 1.64% today and broke out of its trading range