As of Thursday, September 8, 2016 at the close of trading EquitySurge™ has continued a buy signal for USA equities.
Stocks had another narrow-range consolidation trading day today with the S&P500 Index closing down a few points at near the 2181 level.
Liquidity is maintaining its highly bullish levels for increasing stock prices, so we are continuing to use any price weakness in the stock market as an opportunity to buy or add to existing long equity positions. The strong liquidity backdrop is telling us that stocks are poised to break out in a new leg higher at some point in the near term.
If you would like to review the EquitySurge™ trading signals generated so far in 2016 please see the Trading Signal Performance Chart page.