As of Wednesday, May 18, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities.
The Federal Reserve released the minutes from last month’s meeting today, and the market sold off after the minutes indicated that June might be a meeting where the Fed raises interest rates due to a strengthening USA economy.
It is likely the market will continue the recent sideways consolidation trading it has been doing for the last several weeks. However unless liquidity indications change from their current bullish support for higher stock prices, market weakness should be considered 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.