Rick Ackerman
Articles by Rick Ackerman
We’ve been monitoring Apple shares closely because they look very likely to rise at least 10% above their current $220 price before bulls are spent. AAPL is a powerful engine for the bull market, and a big rally in the stock would all but...
Interest rates on the Ten-Year Note still have a long way to fall if they are going to achieve the 0.73% target shown in the chart (see inset). Although it is mildly bullish that they have bounced from well above the 1.30%...
Are rates on the Ten-Year Note finally bottoming? Quite possibly, according to technical indicators that we monitor closely. T-Notes touched a low last week of 1.47% after plummeting almost relentlessly from 3.49% last November. GDP...
Are rates on the Ten-Year Note finally bottoming? Quite possibly, according to technical indicators that we monitor closely. T-Notes touched a low last week of 1.47% after plummeting almost relentlessly from 3.49% last November. GDP...
Click to enlarge chart
A Pittance for Genius
The late John Scarne, one of the world great experts on gambling, once wrote a treatise explaining why you can’t win at three-card monte. That’s the game where a grifter lays...
A Pittance for Genius
The late John Scarne, one of the world great experts on gambling, once wrote a treatise explaining why you can’t win at three-card monte. That’s the game where a grifter lays...
Traders dumped stocks in the final hour on Friday, hinting that there actually is a threshold at which bad news begins to matter. For one, Black Rock, arguably the smartest money on the planet, reported a 7% drop in profits. If they can’t...
Facebook gets deservedly bad press, and yet the stock is rapidly approaching record highs. The latest headline suggests the company’s planned foray into cryptocurrencies will be stillborn. Trump’s administration has cited national security...
[The following was contributed by Mr. Farmer, a subscriber from Nairobi who is active in the Rick’s Picks chat room.]
Of all the lies we read reported without question by the news media, one of the most egregious is...
Of all the lies we read reported without question by the news media, one of the most egregious is...
Europe took competition to a new level last week in the global currency-devaluation olympiad. Nominating the politically-minded IMF chief Christine Lagarde rather than a blue-blooded financier to run the ECB is akin to making Trump...
Stocks remained in the grip of a low-grade euphoria Monday, lightened by what is being referred to in the news as a ‘thaw’ in trade relations between the U.S. and China. No one expected much to happen on the trade front, and nothing much...
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