Ricks Picks

Rotation Is the Name of the Game

EST

Say this for DaBoyz, they’ve got rotation down. When Boeing and Facebook are getting socked the smart guys simply redirect the money toward, in today’s case, AAPL. There’s always some biggie moving higher, sustaining the illusion that all is well on Wall Street. It isn’t, and that’s why we should treat the rally from late December’s lows as a bull trap. We can go with the flow in the meantime as we have been doing. At the same time, we’ll continue to monitor stalls at important Hidden Pivots as occurred in Facebook. By keeping a midpoint resistance at 174.04 in our sights we avoided getting sucked in ahead of today’s 4% downdraft.

Comments on this entry are closed.

John Jay March 16, 2019, 11:57 pm

A record 7 million Americans are 90 days or more behind on their auto loans!
Total us auto sales in 2018 were 17 million.
So roughly 40% of last years auto sales should never have been financed.

Well, lets see, what manner of bailout will Congress dream up this time?
How about a refinance deal for all the Automotive “Dreamers”?
How about just pay whatever you think is fair every month, and at the end of 5 years, any outstanding balance is Forgiven!

Just run it by Ocasio first, she has a BS in Economics from Boston University!
Whew!
She arrived just in the nick of time, yeah?

none March 15, 2019, 6:24 am

Since just after the Trump election the DXY has been falling topping out in 01/2017, this suggest the investment flow had started moving ‘away’ from USA markets.

As, in other major bear markets the under current is part of a hidden peak in value, which comes well before the extremes in sentiment peaks.

The ‘point’, the public is continuity told that America is rebuilding that the money flow is inward and investing in America per se.

It is not, it is the other way around.

America is having ‘major’ failures right in front of everyone nose and it continues to suggest it is rebuilding ‘anew’.

95.029 DXY is a inflection point in price, for a rapid fall of everything American. As, GE, FB, BA are being cut to pieces in a day or so, so goes a long bear market no one thinks we are in.

The drop in DXY is observing to be as powerful as the 2000/2008 drop, and target a price level in the low 50’s towards the index itself.

The dislocation of GC from DXY had taken place after the Trump election as it is no longer observing price values of DXY and moving on its own accord. Observing the turning point of 1998/99 in doing the same sending a signal ‘tell’ that the flow towards equities where leaving the USA.

The recent DXY lower high is much worst then the last 2 bear market setups of 2000 and 2007.

Crushing equity devaluation is ‘dead ahead’. GE, FB, BA and quite a few others are just an indication of what’s ahead.

Have a great weekend 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, 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