Monday, August 22, 2016

As of Monday, August 22, 2016 at the close of trading EquitySurge™ has continued a buy signal for USA equities.

The stock market had another narrow-range consolidation day today and closed around the 2183 level on the S&P500 Index.

Importantly however, there were significant signs of strong liquidity in the market, which foretells higher stock prices in the coming days and weeks.

Given this very bullish liquidity backdrop we would continue using any price weakness as an 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.

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