As of Monday, November 28, 2016 at the close of trading EquitySurge™ has continued a sell signal for USA equities.
Stocks retreated today from the Thanksgiving holiday melt-up, with the S&P500 Index dropping about 11 points into the close.
Liquidity has not changed at all, and is still telegraphing a sell signal for equities. While it may seem counterintuitive to be selling stocks so soon after the breakout higher we’ve had since the election, nonetheless liquidity is an indicator you do not want to ignore.
At this point it’s odds on to heed the message from liquidity and sell stocks near the all-time-highs and hold in a large cash position.
If you would like to review the EquitySurge™ trading signals generated so far in 2016 please see the Trading Signal Performance Chart page.