As of Wednesday-Friday, November 23-25, 2016 at the close of trading EquitySurge™ has continued a sell signal for USA equities.
Stocks are indeed “melting up” into the Thanksgiving holiday, and this is the perfect opportunity to sell some long equity positions into these new all-time-high prices.
Liquidity is maintaining its message that something is wrong and warning us to phase out of long stock positions.
While it’s unclear just how high this market could levitate on the heels of the election rally, we are not taking any chances and will continue to sell into price strength.
If you would like to review the EquitySurge™ trading signals generated so far in 2016 please see the Trading Signal Performance Chart page.