As of Tuesday, July 12, 2016 at the close of trading EquitySurge™ has continued a buy signal for USA equities.
The market closed at another new all-time-high on the S&P500 Index today around 2152, but stocks may be due for a retrace back down in price to check support levels as the second quarter earnings reporting season begins to unfold.
Liquidity indicators continued rising today, and remain at levels that are strongly supportive of higher stock prices.
So with this liquidity backdrop, price weakness, dips and small corrections over the coming days and weeks should be viewed as excellent opportunities 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.