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Todd 'Bubba' Horwitz

BubbaTrading.com
First call on the ledger

No calls filed yet. Quotes in curly quotation marks are verbatim; everything else is a labeled paraphrase. Every call links its original source. Before you trust the call, check the record.

Since they said it

8 calls on the record with a price to check. Said it would go up: 4; it is higher today in 3 of them. Said it would go down: 4; it is lower today in 0 of them. Prices as of 2026-09-10. These are the tape's moves since each call, not scores. Prices move for many reasons, a call can have a different horizon than today, and a view with no number or deadline is never graded here.

Gold from 2026-05-11 to 2026-09-10 · ▲ said up · ▼ said down · dot = the close that day
4,7193,986
DateMarketCallWhat was saidSince then
2026-06-09GoldupAnd I will continue to accumulate this asset because of its worth, because of its industrial use, because of its value, because of its stored value, because it's baby gold +4.1%
4,260 → 4,435
2026-06-09NasdaqdownYou know, this is like the dot-com bubble. We have some extreme valuations. We have warning signs galore out there for companies, for people, for the economy +2.2%
25,679 → 26,253
2026-06-09WTI crudedown (leaning)So you're seeing the fear premium trade out in the crude oil right now, which should help bring prices down +10.0%
88.20 → 97.02
2026-06-09S&P 500down (leaning)typically between this time of year in a midterm election, there usually is a pretty solid sell off. And I think we're seeing it. +3.4%
7,387 → 7,636
2026-06-09Golddown (leaning)I think it's probably got a little bit more room to go to downside it. I would think probably in the mid 50s +4.1%
4,260 → 4,435
2026-06-09S&P 500upRight now, I'm buying the main indexes to spy the cues. There are things that I would look to buy, but I'm buying those right now because I always want to be, I'm always 100% long the market from an investing standpoint. +3.4%
7,387 → 7,636
2026-06-09Appleup (hedged)Apple's getting into that point where it's pretty well beaten down. I mean, it's down about 10 bucks today, down 11. 11.29 today. It gets back to 270. I take a look at it. +8.8%
290.6 → 316.2
2026-06-09Teslaup (hedged)I mean, if Tesla got back to 350, I'd wanna jump in there. You know, right now, it's trading around 400. -7.2%
396.7 → 368.2

Where they stand

Views on the record but not scoreable bets: no single number and deadline to grade. Shown in their exact words, never scored.

BullGold & Hard Assets 2026-06-09
Todd 'Bubba' Horwitz tells Kitco he is a buyer of silver now and will keep accumulating it at 60 and 55 because it is 'baby gold' with industrial and stored value.
And I will continue to accumulate this asset because of its worth, because of its industrial use, because of its value, because of its stored value, because it's baby gold
Gold since this was said: +4.1% · 4,260 → 4,435 · as of 2026-09-10
BearThe AI Trade 2026-06-09
Todd 'Bubba' Horwitz tells Kitco today's tech/AI valuations look like the dot-com bubble, with warning signs everywhere, so serious pullbacks are due.
You know, this is like the dot-com bubble. We have some extreme valuations. We have warning signs galore out there for companies, for people, for the economy
Nasdaq since this was said: +2.2% · 25,679 → 26,253 · as of 2026-09-09
NeutralThe Fed 2026-06-09
Todd 'Bubba' Horwitz tells Kitco US interest rates are going up, not down, restating a call he says he made long ago.
which is what we talked about a long time ago, is that rates are going up, they're not going down.
BullSpaceX leaning · 2026-06-09
Todd 'Bubba' Horwitz tells Kitco he is a believer in SpaceX and thinks it will be fine, while noting buyers are paying up for a company that does not make money.
And of course, when you're buying into a SpaceX, I mean, listen, I'm a believer. I think it'll be fine, but you're buying into the hole and you're buying into a company that does not make money.
NeutralInflation 2026-06-09
Todd 'Bubba' Horwitz tells Kitco US inflation is much higher than the official figures admit, with the expected 4.2% CPI understating reality.
First of all, inflation that we have is much higher than they're willing to admit, right? 4.2 is well less than what it really is
BearOil & Gas leaning · 2026-06-09
Todd 'Bubba' Horwitz tells Kitco the war fear premium is trading out of crude oil and should keep pushing oil prices down.
So you're seeing the fear premium trade out in the crude oil right now, which should help bring prices down
WTI crude since this was said: +10.0% · 88.20 → 97.02 · as of 2026-09-10
NeutralThe Fed 2026-06-09
Todd 'Bubba' Horwitz tells Kitco the Fed (and Trump) are wrong to want cuts and should be hiking rates to slow inflation.
They shouldn't be cutting rates. They should be hiking rates. They need to slow the pace of this inflationary cycle, because the average American cannot afford to live at the prices that we're paying right now.
BearThe Fed 2026-06-09
Todd 'Bubba' Horwitz tells Kitco the 10-year Treasury yield will reach 6% before the end of 2026 and the Fed will have to hike.
notes reach 6% before the year's over, okay? I think we're running hot. They're gonna have to hike rates to try to keep things under control.
BearThe U.S. Economy 2026-06-09
Todd 'Bubba' Horwitz tells Kitco true US unemployment measured by U6 is 8.5% and getting worse, versus the official U3 figure.
But true unemployment in this country under six months is 8.5% as of today, and getting worse
BearThe U.S. Economy 2026-06-09
Todd 'Bubba' Horwitz tells Kitco 13% of credit cards are 90+ days past due, 6% of car loans and 4% of mortgages are in default, so the average American cannot afford to invest.
I mean, 13% of credit cards are 90 days past due or more. 6% of car loans are in default and 4% of mortgage are in default.
BearThe U.S. Economy 2026-06-09
Todd 'Bubba' Horwitz tells Kitco the US is already in a recession, at least the bottom of the K-shaped economy, and it will get worse.
Yes, we're gonna have a recession. I think we're in a recession now.
BearThe S&P 500 leaning · 2026-06-09
Todd 'Bubba' Horwitz tells Kitco the current decline is the usual midterm-election-year selloff and it is now under way.
typically between this time of year in a midterm election, there usually is a pretty solid sell off. And I think we're seeing it.
S&P 500 since this was said: +3.4% · 7,387 → 7,636 · as of 2026-09-09
Todd 'Bubba' Horwitz tells Kitco AI is destroying jobs and raising consumers' electricity bills.
And of course, we've got no jobs, which is AI is destroying jobs.
BullGold & Hard Assets 2026-06-09
Todd 'Bubba' Horwitz tells Kitco gold and silver will turn around and money will flow back into them once the margin-call flush settles.
I'm very confident that gold and silver will turn around.
Gold since this was said: +4.1% · 4,260 → 4,435 · as of 2026-09-10
BullGold & Hard Assets 2026-06-09
Todd 'Bubba' Horwitz tells Kitco he would be a buyer of physical gold and silver here, not the miners or paper metals.
So I think that I'd certainly look to be a buyer of gold and silver and not the miners, not the paper metals.
Gold since this was said: +4.1% · 4,260 → 4,435 · as of 2026-09-10
BearGold & Hard Assets leaning · 2026-06-09
Todd 'Bubba' Horwitz tells Kitco silver probably has a little more downside, to around the mid-$50s, before it turns.
I think it's probably got a little bit more room to go to downside it. I would think probably in the mid 50s
Gold since this was said: +4.1% · 4,260 → 4,435 · as of 2026-09-10
BullThe S&P 500 2026-06-09
Todd 'Bubba' Horwitz tells Kitco he is buying the main indexes (SPY, QQQ) right now and is always 100% long the market as an investor, hedged with derivatives.
Right now, I'm buying the main indexes to spy the cues. There are things that I would look to buy, but I'm buying those right now because I always want to be, I'm always 100% long the market from an investing standpoint.
S&P 500 since this was said: +3.4% · 7,387 → 7,636 · as of 2026-09-09
BullStock Picks 2026-06-09
Todd 'Bubba' Horwitz tells Kitco he bought more Monster Beverage, MP Materials, Super Micro and Cameco (and Rigetti) into the selloff.
today with this sell-off, I bought more Monster, I bought more MP, I bought more SMCI, I bought more CCJ
BullStock Picks hedged · 2026-06-09
Todd 'Bubba' Horwitz tells Kitco Apple is getting beaten down enough that he would take a look at buying it if it gets back to 270.
Apple's getting into that point where it's pretty well beaten down. I mean, it's down about 10 bucks today, down 11. 11.29 today. It gets back to 270. I take a look at it.
Apple since this was said: +8.8% · 290.6 → 316.2 · as of 2026-09-08
BullTesla hedged · 2026-06-09
Todd 'Bubba' Horwitz tells Kitco he would want to buy Tesla if it got back to 350 from around 400.
I mean, if Tesla got back to 350, I'd wanna jump in there. You know, right now, it's trading around 400.
Tesla since this was said: -7.2% · 396.7 → 368.2 · as of 2026-09-08
BearThe Crash Question 2026-06-09
Todd 'Bubba' Horwitz tells Kitco he expects US stocks to fall 40-60% from here, while urging investors not to panic and to stay hedged.
And I don't want anybody to panic because I think we're gonna cut 40 to 60%.
S&P 500 since this was said: +3.4% · 7,387 → 7,636 · as of 2026-09-09
BullThe S&P 500 2026-06-09
Todd 'Bubba' Horwitz tells Kitco the market will go down but recover, and US stocks will be higher than today in 10 years.
And the probability model says that this market will go down, but it will also recover. And 10 years from now, we'll be higher than we are today.
S&P 500 since this was said: +3.4% · 7,387 → 7,636 · as of 2026-09-09

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