Happy Presidents’ Day Zingers! Let’s start today’s newsletter with a quick little history lesson (don’t worry, no pop quiz). President Calvin Coolidge oversaw the strongest stock-market returns while in office during his eight-year tenure in the 1920s. The market went up more than 25% on average in those two terms.

But, we all know how the Roaring 20s ended, and Herbert Hoover, who took over for Coolidge in 1929, oversaw the worst stock market returns in his time in office. The bubble popped the year Hoover took over and stocks moved lower by more than 30% a year during the four years he was president. No wonder he was a one-term president.

Also, need a step-by-step options guide? Today’s partner has you covered.

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MARKET SNAPSHOT

Friday: Was a downer on Wall Street. All major averages closed lower as a hotter-than-expected PPI reignited inflation fears.

On Our Radar: Nothing on the docket today for economic data, but tomorrow we will get leading indicators at 10am ET. This week’s earnings highlights include Walmart, Home Depot, NVIDIA and more.

TOP STORY

George Soros's Former Co-Founder Sounds Economic Alarm Saying, 'The Next Problem Has To Be The Worst In My Lifetime'

Briefly: Jim Rogers, George Soros’s former co-founder, is making a bold prediction about the markets and it doesn’t sound pretty.

Basically: Seemingly, the best thing he can say about stocks at the moment is that it's not the right time to short them … yet.

So: In a recent interview, Rogers shared that the world essentially is in an everything bubble, telling Soar Financially, "Bonds are a bubble, property in many countries is a bubble, stocks are getting ready for a bubble."

Timing Is Key: Even with his bearish conviction, he points out that he's "not shorting yet because often at the end there’s a blowoff and things get really crazy."

And Then: To play out his thesis as he waits for his planned short, Rogers is happy to sit in hard assets such as gold and silver, explaining "everybody should have some silver and gold under the bed." 

What Next: Read more Rogers’ call here.

PRESENTED BY VANTAGEPOINT

Unlock Your Options Trading: A Step-by-Step Guide

While Wall Street hangs on every word of the financial news cycle, the shrewd Options trader should be zeroing in on the insights offered by artificial intelligence in trading.

These tools aren’t just about crunching numbers; they’re about reading the market’s pulse, cutting through the noise of daily headlines, and zeroing in on what truly drives market movements.

For Options traders, the compass should always point one of three ways: up, down, or sideways. Everything else?

It’s just static.

The best part is, this strategy is accessible to everyone.

Whether you're a novice or seasoned Options trader...

Regardless of your retirement status or financial portfolio size...

All it takes is about an hour to grasp and implement this straightforward strategy.

See for yourself how leading indicators are triumphing over lagging indicators

FIVE ZINGERS

Instant Reactions: OpenAI announced Sora last week and social media users are already captivated by the AI video tool’s capabilities.

Moon Shot: You ever seen a crazy moon and then taken a picture of it with your phone and it’s totally underwhelming? Here’s how to fix that.

Hey Big Spender: A very generous customer tipped a waitress $10,000 on less than a $50 tab at a Michigan restaurant. Check out the full story.

Heavy Weight Bout: One VC founder is worried that Google may be behind in its battle with other tech giants to win the AI race.

Watch Out Fortnite: Does this guy ever get tired? Elon Musk replied to an X user, saying that he wanted to make a video game.

ONE FOR THE ROAD

Bitcoin's Bright Future? Hedge Fund Veteran Mark Yusko Foresees $150,000 Peak

What Happened: During an interview with crypto influencer Scott Melker last week, Yusko spoke about the potential for the cryptocurrency to double its fair value, which he suggests could be around $75,000 to $80,000 this bull cycle, due to network effects and increasing user and miner numbers.

Quoted: “It’s possible that Bitcoin’s fair value only goes to $75,000 or $80,000 during this bull cycle. Let’s just say $75,000.

Go On: So then the investors have been buying all this time up to fair value. Now we have new people, we have traders, we have speculators because the hedgers are selling — the gamblers haven’t even shown up yet," he said.

Basically: Yusko said he anticipates that new investors, traders, and speculators, combined with a decrease in leverage, could propel Bitcoin's price to twice its fair value, hitting the $150,000 mark between Thanksgiving this year and June of the following year.

What Next: Read the full breakdown here.  

PRESENTED BY VANTAGEPOINT

Unlock Your Options Trading: A Step-by-Step Guide

While Wall Street hangs on every word of the financial news cycle, the shrewd Options trader should be zeroing in on the insights offered by artificial intelligence in trading.

These tools aren’t just about crunching numbers; they’re about reading the market’s pulse, cutting through the noise of daily headlines, and zeroing in on what truly drives market movements.

For Options traders, the compass should always point one of three ways: up, down, or sideways. Everything else?

It’s just static.

The best part is, this strategy is accessible to everyone.

Whether you're a novice or seasoned Options trader...

Regardless of your retirement status or financial portfolio size...

All it takes is about an hour to grasp and implement this straightforward strategy.

See for yourself how leading indicators are triumphing over lagging indicators