⇑⇑ Strong Buy As of Thursday, November 15, 2018 EquitySurge™ has continued a STRONG BUY signal for stocks. Update: Since our last update posted on October 30, 2018, the stock market made an interim price top on November 8th and then re-traced back down to form what surely looks like a bottom as of today. Bottoming washout signs […]
⇑⇑ Strong Buy As of Tuesday, October 30, 2018 EquitySurge™ has continued a STRONG BUY signal for stocks. Update: After yesterday’s spike down in price to the 2600 level on the SP500 Index, and the significant recovery from that level today, it is now looking more like a “V” bottom may have been put in place yesterday, and […]
⇑⇑ Strong Buy As of Tuesday, October 23, 2018 EquitySurge™ has continued a STRONG BUY signal for stocks. Update: It looks like the market is making the more common “W” bottom recovery, especially with the action in today’s regular session where after a roughly 40 point gap down overnight, market participants bought stocks during the entire day session, […]
⇑⇑ Strong Buy As of Tuesday, October 16, 2018 EquitySurge™ has generated a STRONG BUY signal for stocks. Update: In the last update after the big liquidation break sell-off we had in the stock market last week, we talked about the main two ways that stocks recover from a correction within a bull market. The more common recovery […]
⇑ Buy As of Friday, October 12, 2018 EquitySurge™ has generated a BUY signal for stocks. Update: Finally after having a Strong Sell signal for US equities since the Summer, a liquidity break has occurred and a substantial sell-off has exploded in stocks this week. After a big correction the market really only has a couple of ways […]
⇓⇓ Strong Sell As of Friday, July 27, 2018 EquitySurge™ has maintained a STRONG SELL signal for stocks. Update: Following the Facebook earnings debacle earlier in the week, and a test of the 2850 resistance level on the SP500 Index Futures, stocks came tumbling down on Friday to retrace much of the week’s gains. Liquidity conditions continue to […]
⇓⇓ Strong Sell As of Tuesday, July 24, 2018 EquitySurge™ has issued a STRONG SELL signal for stocks. Update: After a big earnings beat last night by Alphabet, Inc., stocks opened higher for regular trading today, but then turned around mid-morning and sold off. The selling reversal was lead by the small cap stocks and the DOW Transports, both […]
⇓ Short-Term | Long-Term ⇔ As of Thursday, July 19, 2018 EquitySurge™ has issued a SELL signal for short-term trading styles and a HOLD signal for long-term trading styles. Update: Stocks are struggling to hold recent gains, and liquidity is drying up. The three benchmarks we track in the RRG® graphs are squarely in the Lagging quadrant for short-term trading and moving […]
⇓ Short-Term | Long-Term ⇔ As of Monday, July 16, 2018 EquitySurge™ has issued a SELL signal for short-term trading styles and a HOLD signal for long-term trading styles. Update: Stocks completed a lackluster sideways trading day today during the regular session. However after hours Netflix reported earnings that missed expectation, which sent the stock down hard in extended hours trading. We […]
⇔ Short-Term | Long-Term ⇔ As of Thursday, July 12, 2018 EquitySurge™ has issued a HOLD signal for short-term trading styles and a HOLD signal for long-term trading styles. Update: After a strong move higher in stock prices from the recent sell-off/consolidation, liquidity is now showing some signs of drying up again which means an at least temporary top in equity prices […]
