As of Tuesday, August 23, 2016 at the close of trading EquitySurge™ has continued a buy signal for USA equities.
The stock market maintained its rotational consolidation ways again today, but this time stocks closed higher, near the 2187 level on the S&P500 Index.
Liquidity measures also rose again today, and the current liquidity backdrop remains extremely bullish for higher stock prices in the near future.
Given this set up we continue to favor 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.