Ricks Picks

Here’s a 20-to-1 Bet for Friday


We can debate whether the U.S. is winning the trade war with China, and even whether Trump understands how tariffs work (which apparently he does not). But if the President comes away from this weekend’s planned G20 dinner with President Xi Jinping smiling his orange smile and boasting of a deal, the Dow Industrials will be up a thousand points on Monday. To be sure, this is a longshot bet. Although China’s already weakened economy has taken a big hit from U.S. levies on its exports, the Chinese government has adamantly refused compromise, even on matters where they have no case to argue, such as intellectual property theft. In this category China ranks as the most corrupt, brazenly dishonest –and successful — country on earth, a virtual nation of perps and spies. However, by not giving an inch on patents, they risk alienating the rest of the world, even the wussy suck-ups in Brussels. Trump’s judgment is that his commie-rat counterpart will fold — if not at Saturday night’s tête-à-tête with Xi in Argentina, then eventually. With China’s economy just short of nosediving, Xi is running out of time. Will he give Trump something to brag about over the weekend? Probably not. But we’ll be pleased to take the odds if index call options on Friday are priced, as we are nearly certain they will be, to give us a 20-to-1 bet on the pass line.

Comments on this entry are closed.

none November 30, 2018, 9:42 am

Companies Bought the TOP at valuation and during a 12 month time span (trading range of 10%+/-) of non rising pricing.

Today we are 42+/- trading days from an important high point, 40-60 trading days from highs or lows is an important time frame where the market will asserted itself towards the longer trend in place.

The massive 2018 Buy Back is equal towards the 1929 buy back way back when. This observes the 20% draw down equity indexing level….as a major ‘Margin Call’ Level.

Have a great weekend Rick.

John Jay November 29, 2018, 11:21 pm

Speaking of doing business with the Chinese:
South Park’s point of view………………..
That is just part of a very funny segment!

Hidden Pivot Graduate
Help Page

Click here
for a help page needed as a Hidden Pivot Graduate.

Keep Your
Skills Current

Click here
for a special deal for graduates of the Hidden Pivot Course who want to stay on the cutting edge


Start a Subscription
Lost my password

Seminar Information page.

Tuesday, August 20, 2019

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 20. Click below to register or get more information.

Knowledge Base Link