Rick Ackerman
Rick Ackerman Articles
Treat the stock market as you would a sleazy carnival game and you hold the key to accurately predicting its behavior. Take AAPL, for instance. We should have known that permabears were being set up for a fleecing when an always-complicit...
With the ongoing financial turmoil and the potential start of another world war, gold is behaving as we would expect, showing exceptional strength. Although we are nowhere near the top as open interest is still low, we still must be on the...
The chart is meant to put Friday’s giddy short-squeeze in perspective. If you are a bull and feeling a little discouraged by what you see, that is what I had intended. What better time to rack bears than in the final hours of a week that...
Be skeptical if stocks start the new year on a positive note, since that would be the perfect way for Mr Market to set the hook to trap bulls and bears alike.
In an economy that over decades has grown increasingly dependent on revved-up holiday sales, investors have responded by praying more fervently each year for a Santa rally. It’s an odd metaphor, however, considering that Wall Street even...
The modest bear market rally begun in October likely ended last week when stocks turned sharply lower after failing to achieve clear 'Hidden Pivot' rally targets. Now, if the selling should continue to exceed minor abcd targets as occurred...
Bloomberg News, buzzed on Fed Kool-Aid as always, thinks the banksters have engineered a soft landing for deflation. Although it's true that price bubbles in everything from used cars to styrofoam surfboard blanks have begun to detumesce,...
Last week's commentary went full contrarian with the seemingly nutty idea that 2023 could be a dull year for investors despite the looming possibility of a global economic collapse. Inflation, deep recession, war, disease and political...
Early in October, it lifted my spirits to be able to bloviate about how a too-widely-anticipated October crash seemed as likely as a Martian invasion. One lunar calendar-based prediction in particular had October 21 as the crash date,...
Twitter and bitcoin share a key similarity in that their success while it lasted was just hubris. Realize that both companies were birthed by a virtual medium capable of monetizing turds if there is discoverable demand for them.
