March 14th, 2010
Published Daily
COMMENTARY for Friday

Euroland Worrywarts Lack America’s Cool

by Rick Ackerman on February 5, 2010 2:42 am GMT · 13 comments

Although yesterday’s selloff wasn’t quite ugly enough to write home about, only a fool would dismiss the possibility that the next selloff will be. We checked the Wall Street Journal’s online edition to determine the cause of the Dow’s 268-point plunge, but there wasn’t much to persuade us.  A headline attributed the selling to “Global Fears” about the economy, plus some previously well-exposed worries about euroland’s sovereign debt. But weren’t there headlines in the same newspaper just days ago trumpeting the U.S. economy’s red-hot economic growth for Q4?   Actually, looking back at a whole week’s worth of Wall Street Journal  headlines, readers might have inferred that, Toyota aside, » Read the full article


TODAY'S ACTION for Friday

Just a coincidence?

by Rick Ackerman on February 5, 2010 3:18 am GMT · 0 comments

Thursday night’s barely perceptible uptrend in the index futures held few solid clues for oddsmakers as of 1 a.m. EST.  The E-Mini S&Ps will have a chance to bottom at a moderately important Hidden Pivot at 1052.25 — an occurrence that could synchronize them, however briefly, with April Gold.  Mere coincidence?  Only someone who has spent years studying the parallels between the assassinations of Lincoln and JFK would bother to ask such a silly question. Incidentally, can you tell which of today’s touts are mine, and which are Harry’s?


Rick's Picks for Friday
$ = Actionable Advice + = Open Position
Current  Actionable  Open
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DJIA – Dow Industrial Average (Last:10002)

by Rick Ackerman on February 5, 2010 2:55 am GMT

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CLH10 – March Crude (Last:71.71)

by Rick Ackerman on February 5, 2010 3:06 am GMT

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GCJ10 – Comex April Gold (Last:1052.10)

by Rick Ackerman on February 5, 2010 3:13 am GMT

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TYH10 – March Ten-Year Note (Last:118^07)

by Rick Ackerman on February 5, 2010 3:15 am GMT

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