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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 - 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 […]

Rick's Picks - [The following was sent out to clients in late July by my friend Doug Behnfield, a wealth manager and senior vice president at Morgan Stanley Wealth Management in Boulder, CO. Long-time followers of Rick’s Picks will be familiar with Doug’s work, since his thoughts have appeared here many times. I have always considered him not only one of […]

HoweStreet.com Radio - Why crude remains a solid investment

August 13th, 2023 | T-Bond Plunge Ahead?

Rick's Picks - Is Mr. Market about to deliver the coup de grace to bond bulls? It certainly appears that way.  They’ve been getting schmeissed regularly since a frightening few days back in March 2020.  At the time, investors were struggling to decide how covid would affect their financial lives. The wild gyrations near the top, followed by the subsequent collapse of […]

Rick's Picks - Last week’s commentary said the first big correction of 2023 had a ways to go, and that is still the case. If there were any doubts about this, Apple’s swan dive Thursday on punk Q2 earnings released after the close should have dispelled them. The most valuable stock in the world fell by nearly 5%, […]
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