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November 19, 2020 | A Tough Year for Santa

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 smell of distribution is as strong as wood smoke these days, but you’ve got to give DaBoyz credit for keeping a million-ton garbage barge airborne while they work their special brand of magic and deception. Usually, Wall Street is pushing the ‘Santa rally’ narrative hard at this time of year, leavened by urgent speculation about how “green” Christmas will be.  Santa obviously won’t be making the rounds in 2020, however, especially in department stores where his beard would become a superspreader device to rival the hydrogen bomb in killing power. Definitely not the Kris Kringle of our childhood.  One holiday fixture that is certain to survive is endless TV showings of  It’s a Wonderful Life, the Jimmy Stewart classic with an ending that could bliss out Jack the Ripper.  It’s hard to imagine anything that has happened so far this year that anyone will look back on with nostalgia.  Bringing just a little sweetness to a child’s day has never been more challenging for a parent, but it surely must begin with shutting out the digital world, particularly the Disney-fied version of it, for a few hours.

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November 19th, 2020

Posted In: Rick's Picks

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