Overall our indicators match the market’s striking lack of volatility. Except for the -2 for oil stocks, and the -1 for oil, they all are in stasis mode at zero, what we would characterize as a “do nothing” setting. Our indicators go back to the early part of the new… Read More
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.
With the exception of grains and other agricultural commodities, low volatility has been a common characteristic of markets–ranging from currencies to stocks to bonds to metals–since the beginning of the year. Vix, which is a measure of market expectations of volatility of the S&P 500, is currently trading close to… Read More
Earlier today we recommended two trades, both of them put options on ETFs – one tracking the S&P 500, the other reflecting oil explorers. These trades represent a change in strategy in how we apply our indicators. Previously in making trades we employed high thresholds. The results were close to… Read More
Buy to open the Energy Select Sector SPDR ETF (XLE) December 68 put option. Our oil stocks indicator has fallen into “-2” territory. We recommend buying to open the Energy Select Sector SPDR ETF (XLE) December 68 put option. This trade is rated high risk as it has a chance… Read More
Editor’s Note: Due to an unexpected outage at our email service provider yesterday afternoon, we were unable to send our Weekly Issue at its regular time. And with the Comey memo leak creating heightened uncertainty in the market, we decided to send the issue today to give the indicators one… Read More