- the source for market opinions


September 11, 2019 | Negative News from Germany, China, Housing, Autos

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.

Positive equity markets, US-China trade war

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Archives September 11th, 2019

Posted In: Radio

One Comment

  • Al Klein says:

    Poor interview. Rick did not answer the question as to why the market is being dragged up by Apple. I. Fact he gave several reasons as to why Apple cannot sustain its growth due to consumer reluctance to replace products every two years. He is going out on a limb to predict a $242 stock price. Also gave conflicting answers for his view on gold. He sold GDX and believes gold is going into a corrective cycle over the next few months— on what basis? Yet he believes gold is headed for $2000 eventually? Interviewer should have pressed him more to stay on topic.,

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