Stephen Leeb

Stephen Leeb, Ph.D. is the Chief Investment Strategist of The Complete Investor and Real World Investing.

Dr. Leeb’s books have been notable for predicting the secular bull market that started in the 1980s (Getting in on the Ground Floor, Putnam, 1986); the tech stock crash and rise of real assets, including oil and gold (Defying the Market: Profiting in the Turbulent Post-Technology Market Boom, McGraw-Hill, 1999); and the surge in oil prices (The Oil Factor: Protect Yourself and Profit from the Coming Energy Crisis, Warner Books, 2004). His national bestseller, The Coming Economic Collapse: How You Can Thrive When Oil Costs $200 a Barrel (Warner Books, 2006), co-authored with Glen Strathy, outlined the biggest challenges facing the US economy, and accurately predicted the 2008 sub prime mortgage crisis as well as the vicious subsequent economic cycle requiring massive infusions of government stimulus, near zero interest rates and much higher federal debt levels. Game Over: How You Can Prosper in a Shattered Economy (Business Plus, 2009) predicted a permanent peak in global commodity production. Dr. Leeb’s eighth and latest book, Red Alert (Hachette, 2011), outlined China’s growing prosperity and the ways in which its demands on increasingly scarce resources threaten the American way of life.

Among his many speaking engagements, he has been the keynote speaker at both a JPMorgan Chase energy conference and a Royal Bank of Canada commodities conference.

Dr. Leeb received his bachelor’s degree in Economics from the University of Pennsylvania’s Wharton School of Business. He then earned his master’s degree in Mathematics and Ph.D. in Psychology from the University of Illinois in just three years, an academic record that stands to date. He is frequently quoted in the financial media, including Investors Business Daily, USA Today, Business Week, The New York Times, NPR and The Wall Street Journal. In addition, Dr. Leeb is a regular guest on Fox News, Bloomberg, CNN and Neil Cavuto.

Analyst Articles

On the one hand it isn’t so surprising that on balance our indicators are unchanged over the past week. After all, it is end of August, a month that typically doesn’t show much in the way of new trends. On the other hand, what an August this has been. Not… Read More

Buy to open the Suncor Energy (NYSE: SU) January 19, 2018 $32 call option. My oil and oil stock indicators are becoming more positive. I think buying a call on an oil stock, rather than an oil stock ETF, will provide more leverage. I like the Suncor… Read More

A recent issue of New Scientist, a well-respected British periodical, led with an article entitled “The Coming Rise of Real Artificial Intelligence.” It was the latest in any number of articles and Wall Street reports touting the putative coming age of AI – machines that think. But while AI and… Read More

Buy SPDR S&P 500 ETF (NYSE: SPY) January 19, 2018 $250 call option. Buy Facebook (Nasdaq: FB) January 19, 2018 $180 call option. My stock indicator is bullish enough to open a call on the S&P 500. We like the SPDR S&P 500 ETF (NYSE: SPY) January… Read More

Today an article appeared on Bloomberg headlined “Robot Takeover Postponed as Quant Funds Flattened in Equities.” It makes the point that the much-ballyhooed switch from human-managed macro and bottoms-up hedge funds to so-called quant funds has failed badly in 2017. And it failed badly even though most hedge funds themselves… Read More

Sell to close the SPDR S&P 500 ETF (SPY) January 19, 2018 $250 call option. We may revisit this trade soon. For now, close the position. … Read More

Buy to open the SPDR S&P 500 ETF (NYSE: SPY) January 19, 2018 $250 call option. Our stock indicator is positive enough to initiate a long position in the S&P 500. We like the slightly out-of-the-money SPDR S&P 500 ETF (NYSE: SPY) January 19, 2018 $250 call option. Read More

One of the most dangerous phrases for an investor is “it’s different this time.” Every so often, though, it really is different. It was different in 2008, when a financial house of cards ran headlong into a tragically misguided Fed and a historic spike in commodities. It even was different… Read More

It was another week and another very small gain in an option. And even that was tough to come by as the very recent trend in oil and even in oil stocks has been mostly up. A year or two ago we would have sat out the uptrend and waited… Read More