Wednesday, November 16, 2016

As of Wednesday, November 16, 2016 at the close of trading EquitySurge™ has continued a hold signal for USA equities.

The stock market had a directionless lackluster day today and traded basically sideways all day.

Liquidity is not showing any signs of a healthy bounce higher from the recently set low levels, and that is of concern. However we do not have enough information yet to make any kind of determination one way or the other.

So for now we are maintaining long equity positions, but we are also eyeing the possibility of selling at least part of our longs as the market consolidates up here near the all-time-highs. Unless liquidity starts to rise substantially we will have to heed its warning and take cover in cash.

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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