As of Monday, July 11, 2016 at the close of trading EquitySurge™ has continued a buy signal for USA equities.
Today the stock market closed at a new all-time-high on the S&P500 Index of 2143, and in a sign of more bullish price advances to come, liquidity indicators closed at their highest level so far in 2016.
While all of this is great news for stock market bulls, long treasury bond yields have hardly budged from their new-record lows.
Given this continuing odd pairing of new all-time-highs in stocks along with near-all-time-lows in bond yields, more price volatility in the stock market is probably coming.
However as long as liquidity indicators stay at or near their current very supportive levels for higher stock prices, then all dips in the stock market are buys. And the bigger the dip, the better the buy!
So in the coming days and weeks, use price weakness in the stock market as opportunity to continue building 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.