Ricks Picks

For Apple Traders, All News Is Good News


Apple shares took an exuberant leap Tuesday evening, propelled by strong revenue growth announced after the close. DaBoyz were able to trigger off a short-squeeze because revenues increased with iPhone sales in a relative funk. This likely surprised many traders, since they had been hearing about iPhone’s slump in the U.S. and China for the last two quarters. However, a look behind the numbers suggests that AAPL’s nearly 4% rally may have been undeserved. For one, although it’s true that every area of the company’s business other than iPhone grew, the 13% rise in revenues for iPad, Mac and services including music and the apps store was the smallest quarterly increase in nearly four years. Also, profits actually declined for the third straight quarter, falling 13% to yield a slightly-higher-than-estimated $2.18 per share.

A Competitor Shows Pluck

There was one more reason to view the after-hours rally as at least mildly heedless: Huawei, an increasingly strong competitor in smartphones, announced very strong revenue growth despite the company’s blacklisting in the U.S. Under the circumstances, if Trump strikes a trade deal with China that takes some pressure off Huawei, look for AAPL to give up today’s gains in a trice when the news hits the tape.

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