Uncannily Accurate Forecasts for Stocks & Commodities
Daily Commentary
Rick Ackerman’s daily market commentary — blunt, specific, and free of Wall Street spin. Browse the full archive below.
June 22, 2025
Tulipmania and the South Sea Bubble have nothing on the bunco game Wall Street has been running with Microsoft shares. I write on this subject often because the numbers are so huge, and because the game, which is intertwined with the biggest financial con-job in history, is not one you will ever read about in […]
Read the full commentary →June 15, 2025
There were few headlines out of the Middle East over the weekend, mainly because only Israel and Iran are capable of judging the damage, and neither is saying much. Wall Street, on the other hand, seems quite confident that whatever is happening, and irrespective of the outcome, it will be quite bullish for stocks. As […]
Read the full commentary →June 8, 2025
The stock market is in a topping process, brazenly manipulated by white-collar carnies who cut their teeth at Sloan, Wharton and Stanford. These newly trained ass-bandits have been working Microsoft shares to hold the broad averages aloft while they offload inventory to widows, pensioners and assorted other bag holders. I described in detail how this […]
Read the full commentary →June 1, 2025
The internet has evolved into the perfect medium for spreading crime into every household and every age group, and now Bitcoin is fast becoming the perfect medium for pushing a more violent kind of crime out into the streets. There was a time when one could avoid getting mugged simply by not wearing Italian shoes, […]
Read the full commentary →May 25, 2025
Of all the nutty ideas in investors’ heads these days, none is crazier or more pernicious than the mass delusion that grotesquely inflated asset prices have made tens of millions of us rich. As equity shares and residential real estate prices have risen higher and higher due to Fed stimulus with money conjured from nowhere, […]
Read the full commentary →May 18, 2025
I’ve supported Trump since his first term, but my hopes for his success peaked a month ago when a panic-induced plunge in the S&P 500 reversed almost precisely from a 4820 target I’d sent out to subscribers. I saw this as the surprisingly quick end to a bear market that had only just begun in […]
Read the full commentary →May 11, 2025
[The S&Ps are losing steam after recouping two-thirds of their 1400-point loss in March/April. The stall near 5700 has left them hovering in the danger zone, just like the U.S. economy. Will it skirt recession? I have my doubts, even if price action on the S&P chart on April 7 led me to speculate that […]
Read the full commentary →May 4, 2025
[We are coming up on a month since I blew ‘Taps’ for a bear market that supposedly was just starting. There was panic in the air that Sunday because America’s enemies in Brussels were dumping T-Bonds in an attempt to crash the market. They were intent on forcing Powell to ease, but their plan failed […]
Read the full commentary →April 27, 2025
[My prediction three weeks ago that the bear market had seen its worst seemed crazy at the time — particularly to me, because I’m an inveterate permabear. However, last week, bulls distanced themselves further from the low of the mini-crash that occurred when tariff panic was in the air. I’d said the selling would take […]
Read the full commentary →April 20, 2025
[Two weeks ago, I made the seemingly outrageous prediction that Trump’s tariff offensive would not cause a recession and that the stock market bear would soon be over. Shares were in a steep plunge at the time, and investors around the world seemed ready to hit the panic button that Sunday night. The S&Ps had […]
Read the full commentary →April 13, 2025
[Just ahead of last Monday’s steep plunge, I predicted here that an S&P reversal from 4820 would mark the end of the bear market. So far, SPX has rallied 646 points off an actual low at 4835. Bulls are not yet out of the woods, however, since a relapse could occur at any time. The stock market […]
Read the full commentary →April 13, 2025
[Just ahead of last Monday’s steep plunge, I predicted here that an S&P reversal from 4820 would mark the end of the bear market. So far, SPX has rallied 646 points off an actual low at 4835. Bulls are not yet out of the woods, however, since a relapse could occur at any time. The […]
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