March 9th, 2010
Published Daily
COMMENTARY for Monday

America Honors Its War Veterans

by Rick Ackerman on May 25, 2009 5:50 pm GMT · 6 comments

America paid tribute to its war veterans over the weekend with ceremonies, concerts and solemn gatherings across the nation. Washington D.C. was the scene of a particularly stirring tribute, the twentieth annual PBS National Memorial Day Concert held outside the Capitol rotunda.  Many in the audience were moved to tears by the incredible story of one veteran, Jose Pequeño, a New Hampshire National Guardsman and former Marine » Read the full article


TODAY'S ACTION for Friday

Dollar Looks Set to Bottom

by Rick Ackerman on May 22, 2009 12:01 am GMT

I’ve drum-rolled a Hidden Pivot target in the Dollar Index (DXY) today, since the turn from this number or somewhere near it could affect quite a few other markets in the coming weeks or even months.


Rick's Picks for Friday
$ = Actionable Advice + = Open Position
Current  Actionable  Open
All Picks By Issue:

GCM09 – Comex June Gold (Last:954.30)

by Rick Ackerman on May 22, 2009 12:01 am GMT

____ should be used as a minimum upside objective for the near term. This is the Hidden Pivot (HP) midpoint of the pattern begin from 805.20 on January 15. The 180m chart offers a nice panoramic view of the pattern. If you work the numbers you'll find that the 'D' target associated...

 Member-only content. Please Login or get a free trial of Rick's Picks to view.

DXY – NYBOT Dollar Index (Last:80.50)

by Rick Ackerman on May 22, 2009 12:01 am GMT

I've been bearish on the dollar for a while, but with expectation of a potentially important low near 80. The exact number shown on the chart is _____, and I don't see how this projection can miss....

 Member-only content. Please Login or get a free trial of Rick's Picks to view.

GS – Goldman Sachs (Last:137.04)

by Rick Ackerman on May 22, 2009 12:01 am GMT

A close above ____ would shorten the odds of a finishing stroke to at least _____. Both numbers -- respectively, a Hidden Pivot midpoint pivot and a 'D' rally target -- occur in the pattern shown in the accompanying chart. Ordinarily I would suggest laying in some calendar spreads at the 150 strike to play this move, but the spreads are quite pricey and ...

 Member-only content. Please Login or get a free trial of Rick's Picks to view.