Rick Ackerman
Rick Ackerman Articles
Is the bull market about to come crashing down, or will we have to wait until autumn when such disasters traditionalllllllly occur? I’m a traditionalist myself and expect the bear that’s coming this fall to usher in America’s umpteenth...
Although there is no publicly traded company called Pirate’s Treasure, the impressive price history displayed in the chart above is real enough. The Canadian company holds royalties to five gold mines that could conceivably rank among the...
Some of you may remember Gary Liebowitz, a troll that I 86’d from the site years ago. He still harangues me now and then, and I am saddened to report that his rage has only worsened, especially where Trump is concerned. Here’s a pungent...
The chart above shows RCA’s spectacular climb to the Mother of All Tops in 1929. The larger chart that frames it shows what Nvidia shares would have to do to replicate the peaks and troughs that set up RCA’s plunge into hell.
The portfolio managers who rig the markets appear to be losing their touch. Usually, they are able to short-squeeze stocks in the ‘lunatic sector’ — our label for the egregiously mis-named ‘Magnificent Seven’ — when earnings are announced...
The devastating bear market in Treasury paper since 2020 may be nearing an end. I was pessimistic about this myself when TLT, an exchange-traded fund, that tracks the long bond, broke down last week.
[Many readers of these weekly commentaries may not be aware that the focus of Rick’s Picks each day is on timely trading ideas. Below is chat room banter for a typical ‘freaky Friday’. The discussion includes several trades that were...
The Fed’s main job supposedly is to manage our expectations, but have Powell & Co. painted themselves into a corner? At the moment, it would appear that investors have no clue what to expect.
For nearly a year, I’ve promoted the idea that the post-covid bull rampage would end when Microsoft shares hit $430. They effectively achieved that benchmark on Friday with a pre-dawn print at 428.95 that gave way to a $16 plunge.
The endgame inched closer to singularity last week with rigged rallies in stocks that had rightfully been given up for dead. There was the more than doubling in the price of Beyond Meat, for example. Until last week, shares of the veggie...