Ricks Picks

Bear-Baiting

EST

Restrained by AAPL’s leaden performance, the Dow eked out an unusually small gain Monday, rising by an unnewsworthy 98 points. Buyers aren’t necessarily spent, just timid about going for the gusto without leadership from the world’s most institutionally owned stock. They are certain to try again on Tuesday, especially with AAPL’s canny sponsors doing their part to rev up short-covering ahead of the opening. Just before midnight, the stock was oscillating slightly beneath the intraday high, still underwater and within an extremely tight range. If it merely holds steady in the early going, bears who kept their cool on Monday are almost certain to panic. The feedback loop with AAPL should be sufficient to propel the Dow higher by at least 300 points. We shall see.

Comments on this entry are closed.

John Jay January 8, 2019, 10:25 am

I am watching with great interest the Yellow Vest movement in France.
Macron seems as dense as the Bourbon and Romanov types.
If he is not that dense, then is a one man Skirmish Line sent by the .01% to see if they can speed up the end of Legacy Europeans.

His “Let them eat cake” attitude and signing that Open Borders protocol in Morocco would provoke a Saint let alone your average French guy.

Retired French Generals have signed a letter denouncing it as the treason that it surely is.
The French Police might just join the Yellow Vests too.
A popular revolt backed by the military and Police would roil world markets, that’s for sure!
Those “Retired” Generals have many friends in the active duty French military, you can be sure of that!
Once again I will try to kick the Football of Hope that Lucy is holding for me!
LOL!

none January 8, 2019, 8:44 am

The battle field is liquid, as the importance’s of Apple stock loses sentiment value as well as price value over time. Continue liquidation in APPLE will be bitten to the core. 90.00 and below over time is its target.

Next up AMZN as wealth simply has no where to hide in a declining market environment (which few think we are in just yet).

The ICE is in play for the testing at the 1600 level in AMZN, but real devaluation comes in at ‘1300’ a target break down level (a break away level) towards the 700.00 +/- level.

It will be the destruction of AMZN that gets towards the public ‘whims’ in investing in general for the days and years ahead.

Have a great day Rick.



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

Login



Start a Subscription
Lost my password

Seminar Information page.

Tuesday, June 11, 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, June 11. Click below to register or get more information.

Knowledge Base Link
Show Buttons
Hide Buttons