Thursday, April 21, 2016

As of Thursday, April 21, 2016 at the close of trading EquitySurge™ has continued a hold signal for USA equities. This signal means to hold existing long stock market positions, but do not buy additional positions.

The stock market is exhibiting some signs of topping out in price, and the liquidity indicators which reflect money flowing into the market are also showing signs of weakening.

Still the overall liquidity backdrop of money flowing into the stock market is bullish, so at this time it is prudent to continue holding long equity positions but not adding to or initiating new positions until the market gives us more information about its next moves.

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