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Actionable news in TLT: ISHARES 20+ YEAR TREASURY BOND ETF,

What to Do About Negative Charts for Bonds, Gold, Utility Stocks

Treasury yields are on the rise, gold prices are slumping and investors are reducing investments in the dividend-paying utility stocks.

The yield on the 30-year U.S. bond closed Friday above its 50-day simple moving average of 2.279% for the first time since May 27, when this average was 2.633%. My annual pivot of 2.265% remains a magnet, with my quarterly pivot of 2.150%.

Investors can trade the U.S. Treasury 30-year bond like a stock using the 20+ Year Treasury Bond ETF (TLT) , which is an exchange-traded fund backed by a basket of U.S. Treasury bonds with maturities of 20 years to 30 years.

Comex gold futures failed to hold their 50-day simple moving average of $1,334.9 on Friday, with a pivot this week at $1,327.2. The key support is the 200-week simple moving average of $1,292.2. Gold has been...


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