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

Sell to close the SPDR S&P 500 ETF (NYSE: SPY) June 15, 2018 $282 call option. The option trade got off to a rocky start for us, but market has bounced back. Ahead of Jerome Powell’s first testimony before Congress tomorrow, which could have a significant effect on the market… Read More

Buy to open the SPDR S&P 500 ETF (SPY) June 15, 2018 $282 call option. Pay no more than $4.75. My stock indicator has become bullish enough to buy a call on the S&P 500. I like the SPY June 15, 2018 $282 call. Read More

Sell to close the VanEck Vectors Gold Miners ETF (NYSE: GDX) June 15, 2018 $22 at the market price.  We have a nice gain on the GDX call option trade in less than one week. We recommend taking the gain at this time. Read More

Buy to open the SPDR S&P 500 ETF (NYSE: SPY) June 15, 2018 $262 call option.  My stock indicator is positive now and I think there’s a good chance the signal will get stronger.  Still, the stock indicator signal is not quite as strong as the gold… Read More

Buy to open the VanEck Vectors Gold Miners ETF (NYSE: GDX) June 15, 2018 $22 call option. Pay no more than $1.48. My gold stock indicator is bullish enough to warrant buying a call option on the GDX, the gold miner ETF.  For the readers following my Three-Pot System, this… Read More

Whenever you start talking about “second derivatives” to explain market action, you know there’s likely a problem. And the recent sharp market volatility does have something to do with second derivatives – in this case, something known as “gamma hedging.” It’s practiced by arrogant traders with a masochistic streak, who… Read More

In the last month or so we’ve been able to provide you with a little more action. We expect this to remain the norm for some time to come. In other words, the market has changed. Anyone who’s been reading me for a while won’t be surprised to learn that… Read More