Tuesday, May 3, 2016

As of Tuesday, May 3, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities.

The market is in the midst of the mini-correction, and support levels are being tested. This process could continue for the next several days, although this Friday is the Employment Situation Report from the USA Commerce Department, and  this report typically acts as a catalyst for the market.

Liquidity indicators are still showing very strong money flow support for the stock market, so unless this changes further stock price weakness should be viewed as an excellent opportunity to buy or add to existing equity market positions.

 

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