Uncannily Accurate Forecasts for Stocks & Commodities
The Hidden Pivot Method — Since 1999
Rick Ackerman spent twelve years as a market maker on the Pacific Stock Exchange floor. He knows how the game is played — and he tells you exactly what he sees, without the Wall Street spin. Daily forecasts. Specific price targets. No hedging. No weasel words.
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I’ve returned TLT to the list in lieu of TNX.X, which tracks yields on the Ten Year Note. I made the switch because TLT offers a clearer bullish picture at the moment, implying higher bond prices and lower yields. Also, unlike TNX.X, TLT is tradeable. The weekly chart (thumbnail inset) shows how the long bond […]
Read full forecast →I’m swapping AAPL for MSFT in the touts list because when it tops, that will mark a clear and decisive end to the bull market. That day may not lie far off, since AAPL is just 8% from a potentially important target at 370.36. MSFT could also move higher, but its path is not as […]
Read full forecast →The nosedive following last Wednesday’s opening-bar short-squeeze generated an impulse leg on the daily chart that has made the so-far feeble rebound a promising short sale. We might have expected a feistier bounce, since the breakdown beneath mid-September’s key low at 57.90 would have shaken off the heaviness of many bulls newly eager to exit. […]
Read full forecast →Daily Commentary
As Apple goes, so goes the nation? That old saw used to apply to General Motors when companies that made actual things mattered. No longer, though. We are well into the Information Age, where the biggest companies mostly sell services so poorly understood that the potential returns can by hyped almost to infinity. The hype […]
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