- the source for market opinions


September 6, 2018 | Senator Cory Booker’s ‘Ashlee Simpson Moment’

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.

The Kavanaugh hearings were a good bet to dominate the news this week, but they were overshadowed on Thursday by the death of Burt Reynolds. Recalling the highlights of Reynolds’ illustrious career — Deliverance was my all-time favorite — sure beat suffering through a day of shameless self-promoting on Capitol Hill by Cory Booker, a New Jersey Democrat who evidently sees himself as his party’s frontrunner in the next presidential election. Booker laid an egg with his promise to divulge supposedly damning confidential emails authored by Brett Kavanaugh, Trump’s choice to replace Anthony Kennedy on the Supreme Court.  Turns out the emails were neither confidential nor damning, but not before Booker had declaimed to the world — or at least to anyone who was listening, “This is about the closest I’ll probably ever have in my life to an ‘I am Spartacus’ moment.”  More like his “I am Ashlee Simpson” moment, assuming anyone even remembers what he said. The news media trained their cameras on him and, well, he farted. Let’s hope no other beloved actors have to die in order to drown out the hubris in Washington as the confirmation hearings run their course. Booker makes Joseph McCarthy look like a class act. If he’s the best the Democrats can come up with for 2020, Trump will get a second term.

STAY INFORMED! Receive our Weekly Recap of thought provoking articles, podcasts, and radio delivered to your inbox for FREE! Sign up here for the Weekly Recap.

September 6th, 2018

Posted In: Rick's Picks

Post a Comment:

Your email address will not be published.

All Comments are moderated before appearing on the site


This site uses Akismet to reduce spam. Learn how your comment data is processed.