As of Tuesday, May 17, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities.
The stock market sold off today on comments by non-voting members of the Federal Reserve that the economy is stronger than the market realizes. This sell-off occurred as liquidity indicators continued showing strong support for equities.
It is unclear how long the market will keep consolidating in this sideways trading range, but as long as liquidity continues to support higher stock prices and the continuation of the bullish trend, stock price weakness is an excellent opportunity to buy or add to existing long equity positions.
If you would like to review the EquitySurge™ trading signals generated so far in 2016 please see the Trading Signal Performance Chart page.