While the Trump rally regained upward momentum, the "flight to safety" investments are holding onto positive weekly charts. The stock market leadership remains with the Nasdaq CompositeI:IXIC , setting an all-time intraday high of 6,036.02 on Tuesday. My annual and semiannual risky levels are 6,253 and 6,387, respectively.
The best "flight to safety" investment for 30-year U.S. Treasury bonds is the 20+ Year Treasury Bond ETF (TLT) - Get iShares 20+ Year Treasury Bond ETF Report . Gold bullion is best traded using the SPDR Gold Shares ETF (GLD) - Get SPDR Gold Trust Report . Investors seeking dividends invest in the Utilities Select Sector SPDR Fund (XLU) - Get Utilities Select Sector SPDR Fund Report .
Investors interested in junk bonds can trade the SPDR Barclays High Yield Bond ETF (JNK) - Get SPDR Bloomberg Barclays High Yield Bond ETF Report . Typically, junk bonds perform in tandem with stocks, not bonds. Corporate debt is at a record high so it's not prudent for investors to stretch for yield, but this exchange-traded fund can be traded.
This article is commentary by an independent contributor. At the time of publication, the author held no positions in the stocks mentioned.