Ricks Picks

Gold Bugs Index About to Get Some Respect?


HUI, the Gold Bugs Index, is close to triggering its first buy signal on the weekly chart in more than two years.  The first proved to be a dud, and it sent this popular trading vehicle into a ratcheting downtrend that would have driven most bulls to the edge of despair.  As a result, skepticism toward the current rally undoubtedly is high. But traders should be prepared  for a pleasant surprise if it touches 177.73, where the buy signal would occur (see inset). At that point we would raise our sights to a 224.34 ‘midpoint Hidden Pivot’ as a minimum upside objective. It is associated with a target at — better sit down for this — 317.56 that presumably would usher in a new era for the mining industry. Can you picture a geologist as Time magazine’s Person of the Year? Outside of the world of gold bugs, these companies have gotten precious little respect or attention since bullion topped more than seven years ago. This could be about to change.

Comments on this entry are closed.

none February 4, 2019, 10:07 am

$1 trillion of corporate share buybacks 02042019

Senate Democrats Schumer and Sanders call for restricting corporate share buybacks.

The two senators argue for limiting buybacks unless companies raise worker pay, boost benefits and invest in their business.
Large companies are buying back shares while laying off workers and closing stores.
Last year, more than $1 trillion of corporate share buybacks were announced.
—————observe the timing of 10b-18 stock for supporting the largest buy back year ‘ever’ in market history of 2018.

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


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