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Rick Ackerman

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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.

HoweStreet.com Radio - Do you really own what you think you own?

Rick's Picks - [The following was written by my good friend James Trabulse.  A devout Catholic, Jim regularly attends a Latin mass. He is also a gifted trader who brings rigorous science and outside-the-box thinking to nearly everything he does, including playing golf, staying healthy, cooking savory dinners and training Olympic-caliber athletes. RA ] Merry Christmas, and may the Lord’s blessings […]

December 17th, 2023 | Gold Can’t Pussyfoot Forever

Rick's Picks -     Most of us had been expecting gold to explode through the $2000 “barrier” and soar into the wild blue yonder. Instead, it spasmed to $2152 for a nanosecond on December 4, then crashed back down below $2000 like an anvil dropped into an elevator shaft. What happened? Gold is most certainly in a […]

HoweStreet.com Radio - Which stock will tell you where the stock market is going?

Rick's Picks - [This essay originally appeared here in July 2022 and was written by a friend who spends a lot of time thinking outside the box. His provocative thesis is that that there is a physiological basis for our political differences; moreover, he notes, liberals cancel and ghost their conservative friends for reasons that are tied to […]

December 3rd, 2023 | My Brash Call for a Top

Rick's Picks -   They don’t ring a bell at the top, as the saying goes, but it’s hard to see how Mr. Market can avoid it this time. The stock market’s heedless, nutty short squeeze since October will end when Microsoft hits $430, probably early in the new year. It’s that simple.  How do I know this? […]

HoweStreet.com Radio - OPEC production cuts could be counter productive

Rick's Picks -   AI hubris has become America’s chief source of good news. Over the past year, artificial intelligence surpassed bitcoin as mankind’s most easily imaginable pathway to quick riches, shortened work weeks, ingenious solutions to every problem, and endless satisfactions. An AI-assisted world supposedly will revolutionize the way we do business, enabling high school graduates, even […]

Rick's Picks - Lacy Hunt, a gray eminence of the financial world and no doomsayer, was out with a Hoisington Report recently that should scare the pants off anyone concerned about the direction of the U.S. economy.  His meticulously detailed take on a commercial real estate debacle that has been metastasizing for more than a year should dispel […]

Rick's Picks - U.S. shares continued to climb a wall of well-justified worry last week, propelled with sufficient vigor to suggest new all-time highs are likely.  Notice how Microsoft’s push into record territory on Friday occurred after the stock had spent nearly six months consolidating at the red line. This is a ‘midpoint Hidden Pivot’, according to our […]

November 5th, 2023 | Markets, Riots, War and Peace

Rick's Picks - [A change of tone and tempo this week from our good friend Richard Charles, owner of Lake Tahoe-based Alpine Capital. His observations concerning gold’s historical role during periods of intense global strife should remind us that bullion’s sometimes crazy price swings should not be investors’ focus right now.  RA ]  With plans to attend memorial service for a dear […]

Rick's Picks - Although my technical forecasts have generally been accurate, occasional guesses about when the sky would fall have consistently underimagined the height of bullish folly. Since yet another October looks likely to pass without a stock-market crash, perhaps it’s a good time to look at the chart of Apple, an institutional proxy that is incapable of […]

HoweStreet.com Radio - Did the US economy really grow 4.9% in Q 3?

Rick's Picks - It took nearly two weeks for bears to recoup their mojo after getting sucker-punched by a suspiciously buoyant market following the October 7 Israel massacre. Although the attack could lead to a nuclear conflagration and world war, Wall Street kept its cool while trade desk sleazeballs deftly distributed shares to the rubes. But Friday’s are […]

October 15th, 2023 | Be Among the First to Panic

Rick's Picks - Finally, a rally in gold that looks capable of leaving the $2000 barrier in the dust! This one is being pushed not only by the threat of escalated conflict in the Middle East, but by the dawning realization that a strong dollar and rising interest rates are about to trigger a crisis for the world’s […]

HoweStreet.com Radio - US Real Estate, Natural Gas, Shipping Costs

Rick's Picks - The massive terrorist attack by Hamas on Israel over the weekend will unsettle the geopolitical world for the foreseeable future. The economic implications are potentially too grave to be treated merely as a tradeable event; investors should instead be thinking about safeguarding capital. Will the price of crude spike to $117 or higher, as predicted […]

Rick's Picks - Price action last week in the charts of three bellwethers suggests that this year’s ‘October surprise’ could arrive right on schedule and that it could be a doozy.  The first shows the dollar’s so-far shallow correction off a minor Hidden Pivot rally target. This portends yet more strength, threatening to turn Powell’s tightening regime into […]

HoweStreet.com Radio - Uranium gaining because wind and solar power are flops

Rick's Picks - The bullish gap on the chart holds ominous implications for the global economy, since it removes almost all doubt that interest rates on U.S. Treasury Bonds are headed significantly higher. The rally looks nearly certain to reach 4.81%, the target of the pattern shown.  The red line through which the gap occurred last Thursday is a […]

September 17th, 2023 | A Stroll Down Disinflation Lane

Rick's Picks -   [Last week’s commentary on the gathering economic storm elicited a light-hearted reminiscence from our friend Richard Charles of Alpine Capital.  You’ll find his recollection of some notable deflationists enlightening, and there’s also a new word — screwflation — he has coined to describe a phenomenon that has yet to gain traction with eggheads at some of […]

Rick's Picks - Can the Wall Street Journal‘s headline writers save America’s juiced-up economy from going bust?  They are certainly trying. Check out their lede in Friday’s editions: The Fall in Home Prices May Already Be Over.  Fancy that!  With mortgage rates headed toward 8%, many readers must have done a double-take when they read this seeming howler. Your editor […]

September 4th, 2023 | Some Scary Shit

Rick's Picks - I let it all hang out in the interview I did Friday with USAWatchdog‘s Greg Hunter. Do I actually believe the U.S. economy is headed into a condition of barter? Yes, I do.  It will be that bad. And global. Americans in particular will face a long period of severe hardship when these boom times end. […]

HoweStreet.com Radio - Your next insurance bill may be quite a shock

Rick's Picks - A handful of tech moguls already control the global flow of information, but their influence over our lives will only expand and deepen if Congress doesn’t do something soon to pry their greedy hands from the ultimate fruits of AI development. I say this while recognizing the irony of casting our elected representatives as the […]
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