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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Bears have struggled so hard to pull stocks lower that the 7437.00 downside target shown has become a fixture in these weekly updates. (Please note: 7506.00 is the equivalent target for the December contract.) Since the chimps’ simian brains can only process one theme at a time, they’ve apparently settled on crude’s capricious ups and […]
Read full forecast →The 159.17 rally target presented here last week remains viable, but I’ve switched to a neutral point of view because of last week’s stall. So far, GDXJ has held support at the red line, a midpoint Hidden Pivot at 122.07. If it heads higher this week without dipping beneath it, that would reaffirm the bullish […]
Read full forecast →The chart says last week’s high at 93.14 is about as high as crude prices are going to rise over the near term. There is just a little more room to the upside, with a theoretical ‘cap’ at 94.04. Does this portend an end shortly to the Mideast war and an easing of energy prices? […]
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Although we used to feature edgy market commentaries in this space, the time and effort spent crafting them is now devoted to making the Rick’s Picks Trading Room an absolutely unbeatable source of timely, profitable ideas for novices and professionals. I must also confess that your editor was deeply tired of having to write regularly […]
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