Wednesday, August 31, 2016

As of Wednesday, August 31, 2016 at the close of trading EquitySurge™ has continued a buy signal for USA equities.

The stock market sold off from the open this morning following crude oil down after a larger than expected inventory build was reported. But by the close stocks had recovered significantly with the S&P500 Index ending near the 2171 level.

The liquidity indicators remain steadfast and still strongly support higher stock prices, so we would continue using 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.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s