Rick Ackerman

Articles by Rick Ackerman

The previous chart showed a rally target of moderate importance at 2250.00 derived from a low recorded on November 9. Here’s an alternative target at 2240.50 that comes from a larger pattern (see inset). There is yet one more target at...
We’ve been using a downside target of 16.350, but if support at that Hidden Pivot fails, we’d be looking at more slippage to at least 16.165 over the near term. That’s the midpoint Hidden Pivot support of the pattern shown, and as you can...
There is as yet insufficient evidence to speculate on whether copper’s impressive post-election leap will turn into a belly flop, or instead prove to be the booster stage of a much bigger rally. Whichever is the case — and I strongly doubt...
The chart included with yesterday’s DJIA tout showed a big-picture pattern going back to early 2016 that projects to as high as 19727. This one, tracing back to early July, points to a somewhat less ambitious target at 19489.  It is...
On Tuesday, the E-Mini S&Ps finally fell to a moderately bearish Hidden Pivot target that had been more than two months in coming. The fact that Wednesday’s bounce from this Hidden Pivot support was weak and lasted for less than a day...
The futures did everything we’d asked of them and more, generating a fresh bullish impulse leg on the hourly chart in the process. The next bullish benchmark lies at 18.940, equal to an ‘external’ peak recorded October 3 on the way down....
The chart below on display today returns us to a 2090.25 downside target that has been in play for five weeks. It still looks like a winner to me, even if it is taking forever to get there. Shorts entering at any point along the way would...
[Cam Fitzgerald posted the comments below in the Ricks’ Picks forum on Friday, but I am emailing them to all subscribers because his point — that the steep drop in platinum may be warning of a stock market collapse — deserves a wider...
How exhilarating! Just when bears were ready to throw in the towel after nearly three weeks of asphyxiating tedium, stocks swan-dived Tuesday into what we can only hope is an unfathomable abyss.  The S&Ps were down almost 35...
The stock market’s buoyant behavior is bizarre considering the dicey state of the US economy, the threat of war in the Middle-East, and an election campaign that has unsettled Americans as never before.



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Silver has the highest electrical conductivity and heat of all metals.