As of Wednesday, June 29, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities. SPECIAL NOTE: The stock market staged another major gap-up and run higher today, and liquidity indicators soared as well, a strong sign of higher stock prices yet to come. The market is making a “V-Bottom” off the “Brexit” lows from Monday fully supported by extremely bullish liquidity (money flowing into equities).
The FTSE100 Index, an index of the 100 largest companies listed on the London Stock Exchange (LSE) closed today above price levels from before last week’s “Brexit” referendum vote for Great Britain to leave the European Union, a stunning reversal of the roughly 9% loss the index suffered in the days following the vote.
With liquidity indicators now trading back near their highest readings from before the “Brexit” vote, current stock prices represent an extremely attractive opportunity to buy or add to existing long positions.
If you would like to review the EquitySurge™ trading signals generated so far in 2016 please see the Trading Signal Performance Chart page.