As of Tuesday, March 29, 2016 at the close of trading EquitySurge™ has continued a buy-accumulate signal for USA equities.
USA Federal Reserve Chairperson Janet Yellen’s speech and question and answer session today provided a positive catalyst for the stock market. The S&P500 Index closed at its highest level so far in 2016.
The next leg higher in the stock market has most likely started, and any short-term price weakness is a buying opportunity. The next major market catalyst is this Friday’s Employment Situation Report.