⇑⇑ Strong Buy As of Friday, May 10, 2019 EquitySurge™ has generated a STRONG BUY signal for stocks. Update: Since our last post on March 19, 2019 we’ve been expecting the stock market to correct. The market did drop in the days that followed our post, but instead of the deeper correction we thought would happen back […]
⇓ Sell As of Tuesday, March 19, 2019 EquitySurge™ has generated a SELL signal for stocks. Update: The quick, sharp, but shallow pull-back we expected to happen, did in fact happen right on schedule and down to the price zone in the SP500 Index we thought would provide support, the 2750-2730 area. After reversing from the pull-back […]
⇔ Hold As of Friday, March 1, 2019 EquitySurge™ has generated a HOLD signal for stocks. Update: After a brief and shallow pull-back in early February, the SP500 Index then continued climbing higher for the rest of the month, reaching back up to the levels of last October. Now after 10 straight weeks of an almost vertical […]
⇑⇑ Strong Buy As of Thursday, January 31, 2019 EquitySurge™ has continued a STRONG BUY signal for stocks. Update: The SP500 Index is now very close to its 200 Day Simple Moving Average, which is just above us around the 2740 level. Reaching the 200 Day Average will pretty much confirm the V-bottom recovery from the December, 2018 […]
⇑⇑ Strong Buy As of Wednesday, January 16, 2019 EquitySurge™ has continued a STRONG BUY signal for stocks. Update: The SP500 Index has climbed back up to its 50 Day Simple Moving Average and hovers at that level as of the close today. This recovery and beginning of a new bull market is looking more and more like […]
⇑⇑ Strong Buy As of Friday, January 4, 2019 EquitySurge™ has continued a STRONG BUY signal for stocks. Update: We got another huge upside volume day in the NYSE on Friday, with an enormous reading of 95 percent. This is the second 90 percent plus upside volume day over the past two weeks, an extraordinarily rare occurrence that […]
⇑⇑ Strong Buy As of Wednesday, December 26, 2018 EquitySurge™ has continued a STRONG BUY signal for stocks. Update: The near vertical drop in stocks during the month of December in the face of the persistently strong bullish leading indicators on the RRG graphs in both the Daily and Weekly timeframes has created a massive imbalance in the […]
⇑⇑ Strong Buy As of Friday, November 30, 2018 EquitySurge™ has continued a STRONG BUY signal for stocks. Update: This week stocks stormed higher after closing on a down note after the Thanksgiving holiday. Last week we talked about the very bullish liquidity backdrop developing for higher stock prices, with the idea that buyers were ready to buy, […]
⇑⇑ Strong Buy As of Friday, November 23, 2018 EquitySurge™ has continued a STRONG BUY signal for stocks. Update: Stocks closed the Thanksgiving holiday week on a down note, with prices again approaching (and in some indexes dropping below) the October lows. However when we look at the liquidity indicators, the story seems to be more about buyers […]
⇑⇑ 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 […]
