October 2nd, 2014
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Have you taken a trading course — or two, or three — only to find yourself still struggling years later to achieve profitability?  Maybe you’re someone with virtually no knowledge of the stock market looking for an alternative source of income if the economy should crash. You could also be bored housewife keen on using your mornings more productively. Or a college grad with no job prospects…or a laid-off factory worker…or a Realtor worried about very tough times ahead. Or a Louisiana shrimper looking for an easier life. Or a guy who’s tired of living with his mother…or of being hounded by loan sharks. If so, Rick’s Picks invites you to apply for a full scholarship to the Hidden Pivot Webinar scheduled for January 11-12.  Three stipends worth $990 apiece will be awarded. However, this particular class, as well as the post-grad perks you’ll receive, will go beyond anything we’ve offered in the six years » Read the full article

Video: Why the Euro Hasn’t Crashed

by Rick Ackerman on December 9, 2011 4:58 am GMT · 2 comments

This demo was done at the invitation of TradersLog.com and starts with a brief explanation of the Hidden Pivot Method. We then took a close look at some key charts that provide clues concerning how the global financial crisis might play out. Our focus was on long-term charts for T-Bonds, U.S. stocks, the dollar and the euro. The conclusions we drew are somewhat counterintuitive, most particularly a prediction that the euro will not crash when the PIIGs eventually default.


TODAY'S ACTION for Friday

Gold’s Enemies Open Fire

by Rick Ackerman on December 9, 2011 5:29 am GMT

Reputable sources reported that yesterday’s mini-crash in gold was orchestrated by sellers that included the U.S. Fed, the BIS and the Bank of England. Under the circumstances, with the central banks doing their sleazy best to temporarily overwhelm sharp rallies in bullion, we can’t be too careful initiating trades in gold or in managing position risk once we’re aboard.

Accordingly, today’s Gold tout is accompanied by a chart that shows numerous possibilities and potential camouflage opportunities.  Our objective is to get long, but only at such times as we can pare risk down to a bare minimum, and only when the entry signal meets our criteria precisely. Considering the bullish triangle that has been developing for months on Comex Gold’s daily charts, seizing the opportunity is akin to reaching beneath a guillotine to retrieve a 10 carat diamond.


Rick's Picks for Friday
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GCG12 – February Gold (Last:1716.60)

by Rick Ackerman on December 9, 2011 5:14 am GMT

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SIH12 – March Silver (Last:31.635)

by Rick Ackerman on December 9, 2011 5:51 am GMT

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ESZ11 – December Mini S&P (Last:1246.75)

by Rick Ackerman on December 9, 2011 6:12 am GMT

December Mini S&P (ESZ11) price chart with targetsYesterday’s bull trap created an impulse leg with immediate downside potential to 1210.00. The pattern is less than compelling but clear enough nonetheless to warrant bottom-fishing via camouflage at 1228.25.  That’s the target’s midpoint sibling, and it promises to at least blunt the onslaught begun from Thursday morning’s fleeting high. Alternatively, on a bullish turn, camouflageurs could try leveraging a pullback from the 1246.75 peak labeled in the chart. _________ UPDATE (9:11 a.m. EST):  The 1228.25 support came within a single tick of nailing the overnight low, so I am establishing a tracking position for your further guidance.  Although a bid at 1228.25 would have just missed, the ‘camo’ pattern that followed the reversal we’d anticipated was absolute perfection on the 30-minute chart (A=1228.50, B=12432.75, C=1235.75). Entry was signaled at 1239.50, and profits taken on half the position (i.e., two contracts) at the p midpoint, 1243.00. The subsequent thrust to ‘D’ at 1250.25 fell two ticks shy of being a “winner,” and so we hold two contracts with a cost basis of 1236.00. Use a fixed stop-loss at 1235.50 for now, but switch to a 4.00-point trailing stop on the single contract that would remain if 1267.00 is hit.  I am not recommending that you carry the position over the weekend, so if 1267.00 is reached in the final hour, take the money and run. _______ FURTHER UPDATE (11:53 a.m. EST):  The futures have wafted above our “winner” threshold at 1250.25, allowing us to exit a third contract and keep one with a paper profit-adjusted cost basis of 1228.75.  My short-term target is now 1259.25, implying that a too-tight 1.50-point trailing stop would be in effect from the so-far high at  1255.25.  My suggestion is to play it as you please, but to use a “structural” stop at 1246.50 whose provenance is clear on the one-minute chart._______ AND YET ANOTHER (1:14 p.m. EST): In the chat room just now, I’ve suggested taking some QQQ puts home for the weekend. Buy January 54 puts if and when the December E-Mini S&Ps trade at or near the 1259.25 target.  The equivalent target for the march contract is 1253.50.

QQQQ – Nasdaq ETF (Last:57.09)

by Rick Ackerman on December 9, 2011 10:39 pm GMT

It is 20 minutes from Friday’s close, and chat-roomers have reported buying QQQ Jan 54 puts and Jan 53 puts, respectively, for 0.74 and 0.96.  These buys came with the E-Mini futures trading within a hair of the rally targets I’d furnished for the December and March contracts.  I am establishing a tracking position for both of these options, but for now, just sit tight.

$RGLD – Royal Gold (Last:65.37)

by Rick Ackerman on October 2, 2014 3:38 am GMT

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$+TLT – Lehman Bond ETF (Last:118.41)

by Rick Ackerman on October 2, 2014 1:52 am GMT

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$JNK – High-Yield Bond ETF (Last:40.18)

by Rick Ackerman on September 29, 2014 8:30 am GMT

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$SLW – Silver Wheaton (Last:20.51)

by Rick Ackerman on September 22, 2014 8:23 am GMT

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$SIZ14 – December Silver (Last:17.255)

by Rick Ackerman on September 22, 2014 8:12 am GMT

The futures obliterated an 18.130 Hidden Pivot support on Friday, implying more downside to the 16.820 target shown. Because a tradable bounce from that Hidden Pivot seems likely,  I am recommending bottom-fishing there, albeit with a very tight stop-loss (or with a ‘camouflage’ bid on charts of 3-minute degree or less).  The futures have already slightly exceeded the 17.715 midpoint pivot (p1) associated with A=32.802 (1/25/13), so the new midpoint support (i.e., 16.820) is potentially a very important number. Notice that its easy breach would put an 8.776 ‘D’ target in play. ______  UPDATE (Sep 23, 9:22 p.m. EDT): A Hidden Pivot at 16.270 should also be mentioned as a downside target if the selling snowballs. It comes from a so-so, ’sausage’ pattern on the weekly chart, where A=24.865 on 8/30/13. _______ UPDATE (September 30, 3:53 p.m.):  The low of today’s selloff came within 3 cents of the 16.820 target flagged above.  For reasons noted above, this Hidden Support must not fail. _______ UPDATE (Oct 1, 9:23 p.m.): To remind you (and possibly buck you up): There are two never-say-die pivots not far below with the potential to generate a bounce:  16.500; or if not there, 16.270, as noted above. The lower number is the more conservative and promising place to try bottom-fishing with a tight stop.

$SNIPF – Snipp Interactive (Last:0.3400)

by Rick Ackerman on September 5, 2014 3:05 am GMT

I first touted Snipp Interactive back in January, when it was trading around 0.15. Although the stock subsequently fell to a dime, it has since rallied sharply, settling at 0.2562 yesterday. This is one of my favorite stocks, and I came away from a conference call with its CEO, Atul Sabharwal, eager to sing their praises. During that call, I hit Atul with my best idea, a sweepstakes-type promotion, but he was already three steps ahead of me, able to cite, for one, New York State’s rules and costs for exactly the type of marketing scheme I’d suggested.

Full disclosure: I hold 100,000 shares plus warrants to purchase another 50,000 shares.  But I hope that won’t discourage you from performing your own due diligence, since you are likely to be as impressed as I was when you find out what the company has been up to. For me, at least, Snipp (OTC: SNIPF) perfectly satisfies Peter Lynch’s rule that investors favor companies whose strengths and methods they can understand. Snipp does interactive marketing that allows clients to track results in real time. The results have been sufficiently impressive that the company has been attracting blue chip clients with little difficulty. Read more about SNIPP by clicking here.

From a technical standpoint, although the stock’s chart history is thin, it’s possible to project a near-term rally target of 0.2730. A tenet of Hidden Pivot analysis is that an easy move through such targeted resistance implies there is unspent buying power percolating beneath the surface. This is not a “hot tip;” indeed, Snipp’s story does not lend itself to the kind of hubris that will result in a $10 billion IPO. But it is an aggressive and imaginative pioneer in a rapidly developing niche, and its CEO has the kind of imagination, intelligence and energy that inspires confidence. _______ UPDATE (Sep 22, 8:30 p.m.): The stock has continued to rally, and the closest Hidden Pivot target is now 0.2668.  If that Hidden Pivot is exceeded on a closing basis for two days, however, a target at 0.3474 would be in play. _______ UPDATE (Sep 23):  Snipp has entered the Brazilian market via an exclusive marketing contract with Petrobas. Click here for the news release. ______ UPDATE (Sep 23, 1:57 p.m. EDT):  The stock has gone bonkers today, up six cents to within less than a penny of the 0.3474 target projected two days ago.

$+TSLA – Tesla Motors (Last:279.20)

by Rick Ackerman on September 3, 2014 5:30 am GMT

Tesla’s strong rally has turned the Oct 3/Sep 5 calendar spread into a solid winner. The spread is currently trading on a bid/asked of 4.50/5.07.  This means subscribers who bought the spread for as little as $1.00 last week could have quintupled their stake. The most paid for it would have been about 1.54. In any case, I’ll suggest offering half of the eight spreads to close today for 4.70. We’ll plan on rolling what’s left on Friday by covering (buying) back the September 5 300 calls we’re short and shorting the Sep 12 300 calls at the same time. ______ UPDATE (10:40 p.m. EDT): The stock’s push to an intraday high at 291.42 made the spread an easy sale for $5.00+, so I’ll consider the order filled.  Now, roll the four spreads that remain into the October 3 /September 12 calendar as detailed above. _______ UPDATE (Sep 7, 10:31 p.m.): The midway price on the spread intraday was 2.30. Imputing the premium to the four October 3/September 12 calendar spreads we now hold would zero out the initial cost of 1.54 and add 0.76 to the real-time value of the spread.  We’ll plan on rolling the spread again on Friday by selling the September 19/September 12 call spread (and thereby covering the short Sep 12 300s), but for now do nothing further. _______ UPDATE (Sep 15, 12:54 a.m.): I’ll use a 0.37 price, midway between the intraday high and low, as the spread price unless I hear from someone in the chat room who did better or worse. Imputing this new premium income to our Nov 22 / Sep 20 spread gives us a CREDIT cost basis of 1.13, for a guaranteed minimum profit on the position of $452. That would be in addition to whatever the Nov 22 calls fetch when we exit them.

+DIA – Dow Industrials ETF (Last:167.90)

by Rick Ackerman on October 2, 2014 2:28 am GMT

I’m tracking four Oct 10 167/169 put spreads for a 0.05 CREDIT, based on subscriber feedback left in the chat room. Traders were able to leg on this position at very favorable prices using a rally target at 171.10 sent out Monday night. It precisely nailed an intraday peak on Tuesday at 171.10, triggering a recommendation to buy the 169-strike puts, and then to spread them off yesterday morning by shorting 167-strike puts after DIA had fallen sharply. We’ll put the position on autopilot for now, since it cannot lose — will in fact produce a profit of $20 no matter what DA does, but with potential to serve up an $820 gain if DIA is trading below 167 come next Friday. For your interest, and to help you determine whether you could have followed my instructions, here is the recommendation exactly as it went out: “We’ll monitor this vehicle more closely for low-risk shorting opportunities in the days ahead. Let’s warm up with an order to buy four Oct 10 169 puts if and when DIA gets within 0.04 of the 171.10 target shown. I estimate that the puts will be trading for around  0.75 then, but you can refine the bid as warranted by training on the bid/asked when DIA gets to 170.90.  We’ll risk a theroretical $80 on this one, stopping ourselves out of the puts if they trade 0.20 below where bought.”


Hidden Pivot Webinar & Tutorials
The Hidden Pivot Webinar is one-day event is designed to teach you the risk-averse trading strategies Rick has taken to his seminars around the world. Once you have learned his proprietary secrets, you will approach trading and investing with enough confidence to make your own decisions without having to rely on the advice of others. The next Webinar will take place on October 16, 2014. For more information, or to register, click here.