As of Monday, November 14, 2016 at the close of trading EquitySurge™ has continued a hold signal for USA equities. Stocks traded in a narrow range today, with the S&P500 Index closing basically unchanged at the 2164 level. Stocks consolidated after the post-election gains, and are deciding if prices head higher or lower from here. Liquidity is telling […]
As of Friday, November 11, 2016 at the close of trading EquitySurge™ has generated a hold signal for USA equities. After making a stunning, almost vertical recovery off the lows made leading up to the election, the S&P500 Index may be topping out again. There are some troubling signs on the charts, and most concerning is that liquidity […]
As of Thursday, November 10, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities. Thursday’s stock market action included a new all-time-high for the Dow Jones Industrial Average in a continuation of the massive rally following the successful resolution of the presidential election. There was also a large rotation out of […]
As of Wednesday, November 9, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities. Stocks staged an enormous rally during the regular trading session today, after the S&P500 Index futures were down more than 100 points overnight. Today the S&P500 Index finished up almost 24 points at the 2163 level, just […]
As of Tuesday, November 8, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities. The presidential election is underway, but we may not know the results until late at night, or even in the early morning hours tomorrow. For stock investors it’s time to hold on and count on our […]
As of Monday, November 7, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities. The stock market had an enormous rally today after the apparent resolution of the latest FBI investigation into the Hillary Clinton personal email server case. Or was it that the market bounced substantially from an extreme […]
As of Friday, November 4, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities. The S&P500 Index has fallen each day for something like 9 consecutive days, a feat it has not repeated apparently since 1980 or even longer. Is the world about to end? Are there riots in the […]
As of Thursday, November 3, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities. The S&P500 Index dropped today to just above its 200 day moving average which resides at around 2082. The low for the day on the index was 2085. This area should represent major support over the […]
As of Wednesday, November 2, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities. The stock market continues to be extremely weak leading into the presidential election. At this point we have to rely on our tried-and-true indicator of liquidity, which measures the amount of money flowing into or out […]
As of Tuesday, November 1, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities. Stocks took a beating today in a broad-based sell-off, with the S&P500 Index closing down 14 points to the 2112 level. The presidential election circus and concerns about the Fed raising rates along with the recent […]
