Rick Ackerman

Articles by Rick Ackerman

(I wrote here earlier that a public-pension bust is coming that will usher in the Second Great Depression. Could California, Illinois, Connecticut, New Jersey et al. avoid disaster by raising taxes? That’s what John Jay, a regular...
Rick’s Picks avidly follows the stock market’s ups and downs each day, as well as the way it is influenced by the Fed’s silly obfuscations. On some days it feels as though the cheerleaders at The Wall Street Journal et al. are overdoing it...
On Wednesday the Indoos poked marginally above a key peak at 25,908 recorded in December. This would likely have caused a multitude of technical traders and algos to smack their lips with anticipation, since such breakouts, even when...
AAPL, not long ago the one true love of fund managers, has been a conspicuous laggard since the broad averages trampolined off December’s lows. It is only in retrospect that we can see how they might have contrived, albeit with only modest...
So much for the wall of worry! Bulls have improbably shrugged off steep downturns in the housing and auto sectors, rising interest rates, a costly tariff war with China, the pernicious rise of socialism on Capitol Hill, the economic...
Stocks had trouble staying aloft Tuesday after rocketing higher a day earlier. Although the Dow finished with a 117-point gain, it was up by more than 200 in the early going and probably would have finished in the red if sellers had been...
Like many of you, I’ve been eagerly awaiting the day when this powerful bear rally drops dead. Instead, AAPL has rallied with a vengeance, drawing a thousand doomed stocks into its vortex. Yes, the rally is a hoax. And yes, the Masters of...
If you have strong feelings about how the week is going to end on Wall Street, then perhaps you don’t understand the situation. Although there was no bullish buying to speak of in the last five days, neither, evidently, was there any...
I’ve bent over backwards lately second-guessing my permabear side, on a hair-trigger as I wait for the short squeeze from hell to begin. Instead, the Masters of the Universe who supposedly control the stock market like it’s a PlayStation...
Although Rick’s Picks was itching to short into strength as Wednesday began, we stepped aside when buyers came on stronger than expected. Their bravado didn’t last long, however, and by day’s end bulls looked spent. Even so, the intraday...

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