Tuesday, August 29, 2017

As of Tuesday, August 29, 2017 at the close of trading EquitySurge™ has continued a strong sell signal for USA equities. Stocks gapped down this morning at the open but then spent the entire day moving higher during the cash session, retracing all of the 15-20 point overnight drop in the S&P500 Index. This is the third time […]

Read more "Tuesday, August 29, 2017"

Monday, August 28, 2017

As of Monday, August 28, 2017 at the close of trading EquitySurge™ has continued a strong sell signal for USA equities. After a pair of sell-offs and then retraces higher in August in the equity markets, it looks like more downside moves are coming thanks to North Korea launching a missile today which overflew Japan. S&P500 Index futures […]

Read more "Monday, August 28, 2017"

Tuesday, August 22, 2017

As of Tuesday, August 22, 2017 at the close of trading EquitySurge™ has continued a strong sell signal for USA equities. Last Wednesday, August 16, 2017, we wrote that the S&P500 Index had retraced back up to the 2470 level, an area of critical resistance following the sell off of the prior week. The Index then sold off […]

Read more "Tuesday, August 22, 2017"

Wednesday, August 16, 2017

As of Wednesday, August 16, 2017 at the close of trading EquitySurge™ has continued a strong sell signal for USA equities. The stock market has retraced higher after the sell-off last week. The retrace has taken the S&P500 Index back to a critical resistance level around 2470. Here are a couple of charts to consider: Corporate stock buybacks […]

Read more "Wednesday, August 16, 2017"

Friday, August 11, 2017

As of Friday, August 11, 2017 at the close of trading EquitySurge™ has continued a strong sell signal for USA equities. This week the market showed some vulnerability and significant volatility. We have been very early in our skepticism of the rally from the election last November, and we’ve had to endure what turned out to be a […]

Read more "Friday, August 11, 2017"

Monday, August 8, 2017

As of Monday, August 8, 2017 at the close of trading EquitySurge™ has continued a strong sell signal for USA equities. Things are getting dicey in the stock market now. Today we had another pop-and-drop on the S&P500 Index, with a rally off the open that reversed itself mid-day and ended with a loss at the close. In […]

Read more "Monday, August 8, 2017"

Friday, August 4, 2017

As of Friday, August 4, 2017 at the close of trading EquitySurge™ has continued a strong sell signal for USA equities. OK, we cry “Uncle!” it’s time to buy this market! The Dow Jones Industrial Average is up at a record close for the 9th straight day. Got to mean it’s time to buy and not sell, right? […]

Read more "Friday, August 4, 2017"