Monday, January 30, 2017

As of Monday, January 30, 2017 at the close of trading EquitySurge™ has continued a strong sell signal for USA equities. The VIX volatility index shot up more than 20 percent today. In addition the S&P500 Index, which was down more than 25 points intraday, closed down 14 points at the 2281 level. If the “Pop and Drop” scenario […]

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Friday, January 27, 2017

As of Friday, January 27, 2017 at the close of trading EquitySurge™ has continued a strong sell signal for USA equities. Stocks declined slightly on Friday, with the S&P500 Index closing down 2 points at the 2295 level. We’ve talked a lot over the past month about liquidity warning us to be taking profits on long positions as the […]

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Thursday, January 26, 2017

As of Thursday, January 26, 2017 at the close of trading EquitySurge™ has continued a strong sell signal for USA equities. Stocks consolidated today after the big move up over the past two days. The S&P500 Index closed down about 2 points to the 2297 level. We talked briefly yesterday about the situation with the Volatility Index and its […]

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Wednesday, January 25, 2017

As of Wednesday, January 25, 2017 at the close of trading EquitySurge™ has continued a strong sell signal for USA equities. Stocks shot up to new all-time-highs today, with the S&P500 Index closing just under 2300 and the DOW 30 Index closing over 20,000, hooray! The flip side of the coin is that volume was very light, money flow […]

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Tuesday, January 24, 2017

As of Tuesday, January 24, 2017 at the close of trading EquitySurge™ has continued a strong sell signal for USA equities. Stocks advanced on Tuesday, with the S&P500 Index closing at a new record high of 2280. The 2300 level is clearly in play now, and only 20 points away, so it’s likely the market will advance there in […]

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Monday, January 23, 2017

As of Monday, January 23, 2017 at the close of trading EquitySurge™ has continued a strong sell signal for USA equities. More sideways rotational consolidation for stocks today, with the S&P500 Index closing down 6 points at the 2265 level. Technicals however continued diverging negatively today, and there were more signs on the daily charts that the stock market […]

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Friday, January 20, 2017

As of Friday, January 20, 2017 at the close of trading EquitySurge™ has continued a strong sell signal for USA equities. Stocks finished higher on Inauguration Day, with the S&P500 Index closing up around 8 points at the 2271 level. However the stock market is still just consolidating below the 161.8% Fibonacci retracement level from the Summer high to […]

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