 |
From PBRG Founder Tom Dyson in Tom’s Confidential: In our June 2015 issue, I warned you a crash was coming in Silicon Valley.
I said valuations in the technology sector were unsustainable. I recommended six “short” option trades to profit from these absurd valuations.
We closed all six of our Silicon Valley put option trades at a profit.
Our best performers earned us 95.1% on Twitter in five months, 221.5% on Yelp in one month, and 97.1% on Pandora in four months.
Here’s the thing… since we closed out these trades, it’s been business as usual in Silicon Valley. And the stocks of these companies have soared again…
To give you one example, the top 10 holdings of the First Trust Dow Jones Internet ETF (FDN) trade at a price-to-sales (P/S) multiple of 6.3. That’s a 245% premium to the Nasdaq.
I’ve been waiting for another opportunity to reload our Silicon Valley put option trades. The S&P 500 has climbed 10.5% since its mid-February low.
I never like to short a rising market. I like to wait for a downtrend to begin. Over the last 15 trading days, the market has fallen 1.4%.
It’s the new downtrend I’ve been waiting for to open up a new round of bearish bets on the overhyped Silicon Valley tech stock market. My Tom’s Confidential subscribers can access the trade specifics right here.
Reeves’ Note: The trades in Tom’s Confidential are normally only available to our highest-grade Infinity subscribers. But for a limited time, Tom’s offering special access to nonmembers…
These “short” trades are part of Tom’s ultimate “wealth-defense plan.” It comes not a moment too soon in today’s perilous market environment. Learn how to secure your family’s wealth right here.