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 is coming to an end, and the market’s next major catalyst is the Federal Reserve and Bank of Japan meetings coming up next week on Wednesday.
The liquidity (money flowing into the stock market) situation is still highly bullish for a strong resumption of the uptrend in stocks, so we will continue to use 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.