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 another sign the bull market rally from the election last November is beginning to crumble, here is a chart of the relative performance of small caps to large caps from the researchers at The Sober Look. As of today’s close the relative out-performance of the small caps since the election has completely reversed. True healthy bull markets have as among their components a strong positive relative performance of small caps to large caps. The now full reversal of this should well be heeded as a warning.
If you would like to review the EquitySurge™ trading signals generated in 2016 and so far in 2017 please see the Trading Signal Performance Chart page.