Rick Ackerman
Rick Ackerman Articles
I promised to share with you some of the terrific letters I’ve received in response to my query about whether we should be worried about restrictions on gold ownership. The question was inspired by a reader who asked whether it might be...
Like politics, all recessions are local.
They take root in auto showrooms and appliance stores, then slowly steal into the malls, choking off jewelry stores, stereo dealers, restaurants, clothiers and ski shops before creeping right up to...
TRADING NOTES: Anthrax murmurs swept from New York into the heartland on Friday, disrupting the Englewood, CO, post office that processes out-of-state mail eventually delivered to my neighborhood, among others. There are still no...
Having overestimated the psychological impact of President Bush's speech, I am obliged to focus even more resolutely on purely empirical indicators. Unfortunately, my most reliable tool -- the "hidden" pivot -- still paints a menacing...
It is clear that stocks are not attracting much buying interest unless allowed to freefall for a scary hour or two. So, do the specialists go for broke by pulling their bids on the opening today (Friday), allowing the DJIA to plummet to...
As New York City heroically digs out from under the rubble and businesses plot their return to normalcy, the feeling mounts that America has been greatly strengthened and unified by the appalling events of the past week. Not since World...
As of Friday's close, stochastic readings for many of the issues tracked in my daily newsletter were tracing out oversold lows that fell practically off the charts. Shouldn't technicians be screaming "Buy 'em!" from the rooftops, just like...
Key supports were breached Thursday (June 14) in several vehicles tracked by Black Box Forecasts, suggesting that sellers have not yet spent their energy for the near-term. Because Friday is a so-called triple-witching expiration, we...
Not that politics ultimately matters in the least, but the mid-cycle elections in 2002 could provide an entertaining test of entrenched political theory. The Republicans are universally expected to lose some Congressional seats simply...
Monday's hypnotic oscillations reinforced the nagging feeling that, Fed-wise, investors may no longer know what to hope for. (There's that pathetic, economically futile word "hope" again -- a word that encapsulates the navel-obsessed...
