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Rick Ackerman

  • Analysis & Opinion

Rick Ackerman's Opinion & Analysis
A complete archive of Rick Ackerman's articles, including current analysis & opinion.

The futures head-butted a 1601.00 midpoint resistance three times yesterday (see inset), implying that if and when bulls exceed it they’ll be on their way to exactly 1613.25, its ‘D’...
Has Gold (Finally) Bottomed?
By 
 - Jun 27, 2013
   |    1
Gold plummeted anew yesterday, diving $54 to a low that missed a bear market target of ours by less than $2. The intraday bottom at 1221.00 fell 1.80 shy of a 1219.20 target for the August Comex ...
This rally is sucker-bait, but we may not get a chance to short the 1604.00 target given here yesterday, since the futures struggled without success to reach a lesser target at 1594.25 (see inset). ...
Apple (AAPL) could fall a further $107 before reaching the worst-case Hidden Pivot target at 380.80 shown in the chart. Regardless, we’ll want to try bottom-fishing at the $380.80 midpoint ...
It’s early Monday morning and the futures have been down the equivalent of 100 Dow points so far. Fading Sunday night selloffs is usually a winner, but I’d caution against doing so before ...
If any stock looks strong enough to turn the market around, it’s this one. Unlike Netflix, which has also been quite robust in recent weeks, Google refreshed the bullish energy of the intraday ...
Refreshing. Exhilarating, even! But will it last? Our gut feeling is that this is not The Big One – that investors will soon be throwing money at stocks again with the same reckless abandon ...
We could not have improved on Bernanke’s speech yesterday, although investors appear to have found it more than a little unsettling. Don’t worry, they’ll soon be back in droves, ...
With yesterday’s moderate selloff, August Gold approached a ledge from which it could fall a further $135, to a longstanding target at 1219.40, before finding a good bottom. ...
Much as we’ve come to view the stock market as a one-way bet these days, so have we come to accept that Google (GOOG) will eventually sell for $1000 a share. Or will it? I’d need odds to ...