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March 6, 2017 | How Long Can Investors Tune Out the Political Mayhem?

Rick Ackerman

Rick Ackerman is the editor of Rick’s Picks, an online service geared to traders of stocks, options, index futures and commodities. His detailed trading strategies have appeared since the early 1990s in Black Box Forecasts, a newsletter he founded that originally was geared to professional option traders. Barron’s once labeled him an “intrepid trader” in a headline that alluded to his key role in solving a notorious pill-tampering case. He received a $200,000 reward when a conviction resulted, and the story was retold on TV’s FBI: The Untold Story. His professional background includes 12 years as a market maker in the pits of the Pacific Coast Exchange, three as an investigator with renowned San Francisco private eye Hal Lipset, seven as a reporter and newspaper editor, three as a columnist for the Sunday San Francisco Examiner, and two decades as a contributor to publications ranging from Barron’s to The Antiquarian Bookman to Fleet Street Letter and Utne Reader.

If Trump’s economic agenda has been reason for celebration on Wall Street, it is most puzzling that investors have shown so little concern lately over the political mayhem that has gripped the presidency, the news media and the nation. Indeed, even as these troubling forces have continued to gather force, investors have pushed shares to one record high after another. And yet, there were faint signs of weakness creeping in. For a technical discussion of this, see my latest tout for the Dow Industrials immediately below.

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March 6th, 2017

Posted In: Rick's Picks

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