Not that the stock market’s omnipotence needs to be affirmed by some indicator, but with Amazon’s resurgent shares once again nearing exit velocity, there will be no stopping the bulls any time soon. We’ve long treated the retailing behemoth as the most important bellwether of them all, since it is not just a bag of hot air like so many other companies sporting valuations of $20 billion or more. Amazon is about as brick-and-mortar as they get, with warehouses and shipping infrastructure that blanket America, and nearly 350,000 employees. The fact that the company keeps plowing all its profits into building an even more efficient and dominant network has always been the ostensible reason for analysts’ regularly recurring doubts. Those doubts are pure theatrics, however — a brazen ploy to coax the stock down whenever it gets too pricey. Of course, the $35 dive on February 3 was just another brazen shakedown by DaBoyz. The fact that it has been recouped in a mere six days with nary a pullback (see my AMZN tout and chart at bottom) suggests that the Smart Money is once again ready to rampage.
With AMZN’s Effortless Recovery, the Smart Money Is Ready to Rampage
Posted February 13, 2017, 11:47 pmComments on this entry are closed.
Tuesday, August 1, 2017
The consistent accuracy of Rick Ackerman’s forecasts is well known in the trading world, where his Hidden Pivot Method has achieved cult status. Rick’s proprietary trading/forecasting system is easy to learn, probably because he majored in English, not rocket science. Just one simple but powerful trick -- managing the risk of an ongoing trade with stop-losses based on ‘impulse legs’ – can be grasped in three minutes and put to profitable use immediately. Quite a few of his students will tell you that using ‘impulsive stops’ has paid for the course many times over.
Another secret Rick will share with you, “camouflage trading,” takes more time to master, but once you get the hang of it trading will never be the same. The technique entails identifying ultra-low-risk trade set-ups on, say, the one-minute bar chart, and then initiating trades in places where competition tends to be thin.
Most important of all, Rick will teach you how to develop market instincts (aka “horse sense”) by observing the markets each day from the fixed vantage point that only a rigorously disciplined trading system can provide.
The three-hour Hidden Pivot Course is offered live each month. If it’s more convenient, you can take it in recorded form at your leisure, as many times as you like. The course fee includes “live” trading sessions (as opposed to hypothetical ‘chalk-talk’) every Wednesday morning, access to hundreds of recorded hours of tutorial sessions, and access to an online library that will help you achieve black-belt mastery of Hidden Pivot trading techniques.
The next webinar will be held on Tuesday, August 1. Click below to register or get more information.
