Tuesday, September 27, 2016

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 difficult to make sense of, it is actually a meaningful process of the market continually evaluating price levels.

The most important point is that liquidity indicators, which measure money flow into stocks, are very strongly indicating that equity prices are going to resume their upward climb at some point once this basing and consolidation period comes to an end. The message from liquidity also is that sell-offs and price weakness should be looked upon as excellent opportunities to buy or add to existing long equity positions.

Sometime soon it is highly likely this consolidation period will end with a strong resumption of upward price momentum for stocks.

If you would like to review the EquitySurge™ trading signals generated so far in 2016 please see the Trading Signal Performance Chart page.

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