Don Kaufman here. Holy crap, I've never seen anything like this. We're sitting at all-time highs - literally a day or two removed from them - and retail is acting like it's the end of the world. The liquidity concentration has never been more extreme, and it's getting worse by the day. The Numbers D
Don Kaufman here. This morning on Schwab's Big 3 Show, I warned about something most traders are missing. Stocks hitting all-time highs while economic weakness builds underneath. "Bearish feel out there in the marketplace," I said - but these names keep climbing anyway. Amazon just gained $200 billi
Don Kaufman here. While everyone else was losing their minds during the April 2025 crash, I was placing my biggest trade of the year. Not because I'm reckless - because I know something most traders don't: chaos is where the real money gets made. Let me be clear about something: I haven't taken one
Don Kaufman here. You know what nobody's talking about with this morning's $38 billion Amazon-OpenAI deal? It's not about the deal itself - it's about the desperation behind it. Sam Altman is writing checks his company can't afford, and he's running out of time to find the money. That money has to c
Don Kaufman here. I need to tell you about this Microsoft butterfly that just closed for 297%. Earlier this week I put on the trade at 63 cents. This morning, it was up over 100%. You know what everyone was saying? "Take the money and run, Don. Lock in your gains." Screw that. You want
Don Kaufman here. Yesterday at 3 PM, I placed a single options trade on Google earnings. Cost: 64 cents per contract. This morning: 203% profits. Here's exactly how it happened - the precise strikes, the mathematical reasoning, and why tonight's Amazon and Apple earnings could deliver the same syste
Don Kaufman here. This morning on Schwab's Big 3 Show, I told you volatility was coming. Powell just proved me right. "Not a foregone conclusion. Far from it," he said about December rate cuts. The Dow reversed 200 points in minutes. Markets went from euphoria to panic in real time. But I saw this s
Don Kaufman here. The entire marketplace is now based around one company that isn't even technically for-profit yet. Microsoft gaps up 3% on partnership news. PayPal rallies on collaboration announcements. Oracle mortgages its entire corporate existence building infrastructure. Every major tech move
Don Kaufman here. And welcome to what might be the most expensive lesson in market psychology you'll see this week. I just closed out Christmas tree spreads for over 50% gains in less than a month. You'd think I'd be celebrating, right? Instead, I'm getting the hell out. Why? Because those trades sh
