Well we could not get this blog setup quickly enough to publish the official first EquitySurge™ buy signal for USA equities in absolute realtime, but here it is anyway: As of Thursday, January 28, 2016 at the market close EquitySurge™ has generated a buy signal! This is the first indicator status change since the sell/go to cash signal generated on November 4, 2015.
And look what happened in the market today, Friday, January 29, 2016! Wow, DOW up 400 points and SP500 up near 50 points!
News overnight had the Bank of Japan announcing a massive new program of negative interest rates, and this was met with strong equity market rallies around the world, including here in the USA.
Stay tuned to equitysurge.org to see daily market on close updates of the EquitySurge™ indicator!