Divergences and extreme Market Bullishness

Today I am in Phuket, Thailand for the Wealth Warrior Retreat with Pat Mesiti. I am showing people the power of options trading. I love teaching and have just returned from an Australia-wide tour with Harry Dent and John Thomas. Both complimented me on my knowledge of...

Markets Hit All-time Highs With Lighter Volume

I was sitting on a plane with Harry Dent last night, discussing the economy and the program I run for my elite students. He was very impressed with the program, and it was wonderful to hear his insights on the world economy. I’m on the last leg of a tour with Harry...

Are Buybacks Keeping this Market Up?

The markets The Federal Reserve meeting minutes came out overnight and the markets went up. The markets appear to be comfortable with the prospect of another interest rate rise soon. That is positive. I suggest looking at the first 30-minute highs and lows on the SPX...

Watch the Utilities and Negative Divergences

The markets All of the major indexes were up last night. The biggest mover was the transports up 0.96%. The Nasdaq was not too far behind at 0.85%. The Russell 2000, the S&P 500 and the industrials were all up about 0.5%. If you would like to join me and begin...