About Rick Ackerman?
Barron’s once labeled Rick Ackerman an “intrepid trader” in a headline that alluded to his key role in solving a notorious pill-tampering case.
He received a $200,000 reward when a conviction resulted, and the story was retold on TV’s FBI: The Untold Story. But to the gang at CNBC, he’s been a pariah for the last ten years, a shoot-from-the-hip kinda guy whose irreverent style got him banned from the show after an interview on Squawk Box was alleged to have gone awry.
Who is Rick Ackerman?
His professional background includes 12 years as a market maker on the floor of the Pacific Coast Exchange, three as an investigator with renowned San Francisco private eye Hal Lipset, seven as a reporter and newspaper editor, three as a columnist for the Sunday San Francisco Examiner, and two decades as a contributor to publications ranging from Barron’s to The Antiquarian Bookman to Fleet Street Letter and Utne Reader. His detailed strategies for stocks, options, and indexes have appeared since the early 1990s in Black Box Forecasts, a newsletter he founded that originally was geared to professional option traders.
Rick Ackerman is the editor and publisher of Rick’s Picks, an online service for traders from novice to expert. He has been trading himself for more than 40 years, a dozen of them as an options market-maker on the floor of Pacific Stock Exchange. CNBC and Bloomberg have featured his work, and he has written on the markets and the economy for numerous publications, including Technical Analysis of Stocks & Commodities;Stocks, Futures & Options; Barron’s and The San Francisco Examiner. A headline in Barron’s labeled him an “intrepid trader” after he helped the FBI solve a notorious pill-tampering case. He received a $200,000 reward and a guest appearance on FBI: The Untold Story. An epic party on San Francisco Bay celebrated the event.
In the trading world, Rick is known for the unusual accuracy of his price predictions and for the Hidden Pivot Method he uses to trade and forecast. His provocative insights and timely trading calls have made him a frequent guest on shows hosted by Max Keiser, Greg Hunter, Corey Fleck and Jim Goddard, among others. His thoughts on the markets and the headlines have also been featured on ZeroHedge, Seeking Alpha, Benzinga, The Daily Reckoning, FX Street, Financial Survival Network, Crush the Street, Jory Capital, Howe Street, Gold-Eagle.com, Goldseek.com, 321Gold.com and Kitco.
What Is a Hidden Pivot?
What Is Rick’s Picks?
Rick’s Picks offers traders and investors a daily newsletter and intraday advisory packed with detailed strategies, fresh ideas and plain old horse sense. Recommendations and forecasts are based on proprietary methods that seek to identify exceptional opportunities for profit in stocks, options, futures, minis and indexes. Precious metals stocks receive special emphasis, and puts and calls are often employed to reduce the cost basis of long-term core positions in selected mining stocks. We encourage you to sample the site by browsing our archive.