As of Thursday, September 29, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities. The stock market sold off today on swirling rumors about the future viability of the large German bank, Deutsche Bank, which has been under pressure for much of 2016. Today’s action is just more of the […]
As of Wednesday, September 28, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities. The stock market climbed higher today with news that OPEC has possibly agreed a production cap arrangement. The S&P500 Index closed up over 11 points to the 2171 level. Stocks have been caught in an up-and-down consolidation […]
As of Tuesday, September 27, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities. The stock market had an up day today, more than reversing yesterday’s slide down in price. The S&P500 Index closed up almost 14 points to the 2160 level. While this up-one-day-down-the-next action may be frustrating and […]
As of Monday, September 26, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities. The stock market had a risk-off day today with all the major indexes down. The S&P500 Index closed down more than 18 points at 2146. Liquidity, the measure of money flow into the stock market, is […]
As of Friday, September 23, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities. The stock market pulled back some Friday along with a decline in oil prices. Liquidity indicators which show money flow into the stock market remain near recent high levels, so the backdrop for higher stock prices is certainly […]
As of Thursday, September 22, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities. The stock market gapped-up at the open and remained near the top of the day’s range during the entire session, with the S&P500 Index closing up 14 points at 2177. Liquidity took a giant leap higher […]
As of Wednesday, September 21, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities. The stock market reaction to the Bank of Japan and Federal Reserve policy announcements was resolutely positive, with the S&P500 Index climbing almost 24 points to close at the 2163 level today. Liquidity indicators jumped strongly […]
As of Tuesday, September 20, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities. The stock market had another flat day today in front of the Bank of Japan meeting overnight tonight USA time and the Federal Reserve policy statement scheduled for Wednesday afternoon. It is likely that either or […]
As of Monday, September 19, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities. Stocks had a back-and-forth day today that ended flat with the S&P500 Index unchanged at 2139. The main events this week are the Bank of Japan meeting overnight USA time between Tuesday and Wednesday and then […]
As of Friday, September 16, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities. While the major stock indexes were down some on Friday, equity markets were still able to post a positive week by the close of trading. There are plenty of signs that the correction we have been seeing […]
