Stock valuations are at extreme levels — some call it a bubble, while others argue the bull market has more room to run. So, who’s right? And more importantly, what should YOU do as an investor? Lance Roberts & Michael Lebowitz expose the conflicting market narratives and explain why selling everything may not be the smartest move. Instead, they’ll explore how active investing, technical signals, and disciplined risk management can help you capture gains while protecting your portfolio if the tide turns. 👉 Learn why valuations matter but don’t tell the whole story 👉 See how to balance opportunity and risk in a bubble-like environment 👉 Discover the tools to navigate uncertainty with confidence If you’re feeling anxious about today’s market extremes, this discussion will give you the clarity you need to make smarter financial decisions. SEG-1a: The Problem with BLS Employment Numbers SEG-1b: Markets Moving Sideways - Prelude to Pullback? SEG-2a What is an Option? SEG-2b: Calls & Puts: The Tesla Example SEG-2c: Calls & Puts: What Do You Want to Achieve? SEG-2d: Why Leveraged ETF's Don't Work SEG-2e: 1-Option = 100-shares SEG-2f: The Nvidia Trade - A Case Study SEG-2g: Options Are a Binary Bet SEG-2h: How to Get Into Trouble in Options SEG-2i: Options Are a Function of Sentiment SEG-2j: Options Are Binary SEG-2k: One More Geeky Thing - Betting on Implied Volatility SEG-2l: Income ETF's - What You Get vs What You Give Up SEG-2m: Market Valuations as Tools SEG-2n: Dealing with Fear-mongering Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, w Portfolio Manger, Michael Lebowitz, CFA Produced by Brent Clanton, Executive Producer ------- Watch today's video on YouTube: https://www.youtube.com/watch?v=QXgmAXNATeU&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=2 -------- The latest installment of our new feature, Before the Bell, "Markets' Bullish Trend Remains Intact" is here: https://www.youtube.com/watch?v=OPN3UX4VjI8&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our Previous Show, "10 Reasons You Shouldn't Retire (but what to do if you do)...," is here: https://www.youtube.com/watch?v=uHA4ZE7kuHo&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=4s ------- Register for our next RIA Dynamic Learning Series event, "Savvy Medicare Planning," September 18, 2025: https://realinvestmentadvice.com/resources/events/savvy-medicare-planning-what-baby-boomers-need-to-know-about-medicare/ ------- Articles mentioned in this report: "Valuations Are Extreme: Navigating A Bubble" https://realinvestmentadvice.com/resources/blog/valuations-are-extreme-navigating-a-bubble/ "Portfolio Risk Management: Accepting The Hard Truth" https://realinvestmentadvice.com/resources/blog/portfolio-risk-management-accepting-the-hard-truth/ "Meme Markets: Investing vs. Entertainment" https://realinvestmentadvice.com/resources/blog/meme-markets-investing-vs-entertainment/ ------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #BullishTrend #NegativeDivergence #MarketCorrection #PortfolioAllocation #PortfolioHedging #RiskManagement #20DMA #50DMA #100DMA #200DMA #StockMarketBubble #MarketValuations #InvestingStrategy #BullVsBear #ActiveInvesting #OptionsTrading #Calls #Puts #Volatility #InvestingAdvice #Money #Investing