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 the Federal Reserve policy announcement on Wednesday afternoon. Either or both of these events could act as major catalysts for the markets.
Liquidity (money flow into the stock market) is still telling us to stay long the market and buy all dips, so with that strong indication in mind we would continue 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.