Rick Ackerman

Articles by Rick Ackerman

After yesterday’s selloff, we might benefit from pondering market psychology right now. Even if we get it wrong, merely knowing by how much could be of use later. My take in recent months has been that short-covering constitutes the only...
It’s always refreshing to see the stock market get the crap kicked out of it, even if it will take a 10,000-point fall in the Dow to cast out the thieves, thimble-riggers, broad-tossers, carny men, grifters, mountebanks and child molesters...
Mr. Market has been making it extremely painful for bears to stay short. The reason for this is that nearly everyone we know is bearish right now; and, for the first time in more than six years, it would appear that they are finally going...
A front-page story in the Wall Street Journal over the weekend reads like spin control as managed by the Federal Reserve: Crises Fall Short Of Going Global‘. This orchestrated sigh of relief reminds one of the scene from Dr. Strangelove...
We should watch closely to see how Greece handles its biggest problem — pensions — since the U.S. and Europe are certain to face the same problem eventually.  Try to monetize it, which is what I predict the Greek government will...
Today’s chart is a composite weekly that shows the entire bull market, going back to 2009. You don’t need a degree in technical analysis to see that it has gone on for long enough to be considered mature. On the other hand, the average...
I have mixed thoughts about what the stock market might do over the next 3-5 weeks, and in order to remain coldly objective, I’ll put the emphasis for now on technical indicators. First, however, and for the record, let me air my gut...
T-bonds have gotten trounced since late January, when long-term yields, which vary inversely with price, touched a millennial low of 2.23%. On Friday they spiked as high as 2.87%, reflecting the growing eagerness of investors to...
It’s no coincidence that the stock market’s steep rise in February began just days after an equally steep rise in the dollar stalled in late January.  The dollar has been moving sideways ever since, extending a monotonous sine-wave...
In these all-too-interesting times, the headline I found most disturbing last week, from The Wall Street Journal, was this one:  ‘Greek Troubles Cause Barely a Ripple’. This was not mere hubris but arguably something worse, since...

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Federal Reserve Blinks, Eyes Interest Rate Cuts; Dr. Engelhardt: Economy Beholden To Fed Interest Rate Policy