Rick’s Picks – Rick Ackermen

Over One Thousand Paid Subscribers Won’t Make A Trade Without Looking At Rick’s Picks First…

Rick's work has been featured in

PUBLISHED DAILY​

Rick's Free Picks ​

$ESM24 – June E-Mini S&Ps (Last:5183.25)

The futures are topping here, since D=5220.00 is too compelling a Hidden Pivot resistance to simply give way.  The fact that the topping process has entered its third, tedious week is evidence not of the bull’s tenacity, but rather of the herd’s discovery of “our” pattern and target. Even with

Read More »
$CLJ24 – April Crude (Last:82.93)

For all its wacky histrionics, crude remains one of the most tradeable vehicles tracked on this list. The pattern shown, with an 82.48 rally target we’ve been using as a lodestar, produced a second ‘mechanical’ buy at x=77.26 last week that went on to rack up significant gains without much

Read More »
$GDXJ – Junior Gold Miner ETF (Last:36.74)

Although the impulse leg in the conventional pattern shown was not very powerful, it was persistent enough that I’ll give the bearish interpretation of this chart the benefit o the doubt. That means that GDXJ is on a ‘mechanical’-short signal triggered on first contact with the green line.  That implies

Read More »
$TLT – Lehman Bond ETF (Last:92.94)

The ‘mechanical’ buy triggered on Thursday when TLT fell to the green line (x=93.40) is looking like hell at the moment, with the steep fall over the last two weeks showing no sign of abating.  However, ‘mechanical’ entries are never supposed to feel warm and fuzzy, since they are designed

Read More »

Member Content

Unlock member content with a free trial subscription

THE MORNING LINE

Something’s Got to Give

For nearly a year, I’ve promoted the idea that the post-covid bull rampage would end when Microsoft shares hit $430. They effectively achieved that benchmark on Friday with a pre-dawn print at 428.95 that gave way to a $16 plunge. If this was not THE top, it certainly felt like A top, and a potentially important one. However, before we draw any conclusions, let’s see if the selloff gets legs, since we don’t want to underestimate the power of a market that has been in the grip of mass psychosis since October. If there were any doubt about this, consider how stocks have rallied into the Fed’s decision to stay tight even after investors had deluded themselves into expecting aggressive easing in 2024.

Originally I’d picked Apple as our infallible bellwether, because it is the most valuable company in the world, and because its shares are so heavily owned by institutions. But so are Microsoft’s, with a key difference:  Although iPhone sales are poised to implode in the severe economic downturn that’s coming, Microsoft is unlikely to feel much pain even in the hardest of times. That’s because revenues from Microsoft 365 will continue to flow from more than 60 million subscribers, regardless of the economy’s condition. The company’s earnings are nearly bomb-proof, and that it is why it is arguably the best stock in the world to own, as well as the most important stock to follow. When it is rising strongly, the broad averages cannot fall; if it falls, it will take the broad averages with it.

What If?

However, the technical picture is not complete without considering the very bullish chart of the S&P 500. It says that before the 15-year-old bull market ends, the S&Ps are likely to hit 6118.34, a 20% gain from current levels. How do we reconcile this with signs that MSFT may have peaked? A plausible answer is that both are topping but will resume their respective uptrends after significant corrections. A hard fall seems likely for Microsoft, if not necessarily for the S&Ps, because the software giant’s ABCD uptrend is so clear and compelling. It’s tempting to say there’s no way MSFT will simply blow past $430 without a struggle that features a punitive selloff and then a running start to new all-time highs. If so, the bull-market target would rise to 456.88, a Hidden Pivot derived from extending the pattern’s C-D leg to its maximum theoretical length. That would avoid having to use the bigger pattern’s puny December 2018 low at 93.96 as the starting point for the biggest bull market of them all. We’ll revisit this conundrum if and when MSFT gets second wind following a correction from these levels.

What our customers are saying about us...

Forecasts Delivered Before
The Morning Trading Bell Rings

As a Rick’s Picks subscriber, you will be getting this information the moment it’s posted on the membership site, usually shortly after midnight Eastern Standard Time… more than enough time to capitalize on Rick’s suggestions.

Then, throughout the day as Rick updates his forecasts with additional guidance based on market conditions, you’ll be instantly informed via email alerts… allowing you to take full advantage of breaking trends and market fluctuations.

These picks include a rotating basket of stocks, futures, indexes, and other hot issues, with a daily focus on precious metals. Rick’s Picks subscribers have their favorites, so Rick regularly covers Comex Gold & Silver, the NASDAQ, the Euro, and the E-Mini S&P in addition to the hot issues he believes will offer significant profit-taking opportunities for his subscribers.

Each specific pick is hand-selected by Rick, and includes actionable trading advice, specific price targets, and annotated Hidden Pivot charts with supporting data.

Your Free Subscription Includes:

Your Satisfaction is Guaranteed

Once you see how powerfully accurate Rick’s forecasts truly are, we’re sure you’ll stay on as a full member. But if for any reason you’re not convinced, simply cancel before the two week’s end and you won’t owe us a single dime. Fair enough

What We Offer

Monthly
Annually

Rick’s Picks Subscription

If you are looking for trading recommendations and forecasts that are precise, detailed and easy to follow, look no further.
$ 59 Month
  • ‘Uncannily accurate’ daily trading forecasts
  • Real-time alerts
  • Timely commentary on the predictions of other top gurus
  • Timely links to the world’s top financial analysts and advisors
  • Detailed coverage of stocks, cryptos, bullion,
    index futures and ETFs
  • A 24/7 chat room where veteran traders from around the world share opportunities and actionable ideas in real time

Mechanical Trade Course

A very simple set-up that will have you trading profitably quickly even if you have never pulled the trigger before, and even with a small account.
$ 497 Onetime
  • Leverage violent price action for exceptional gains without stress
  • Select trading vehicles matched to your bank account and appetite for risk
  • Reap fast, easy profits by exploiting the ‘discomfort zone’ where most traders fear to go
  • Enter all trades using limit orders that avoid slippage, even in $2000 stocks
  • Learn how to read the markets so that you no longer have to rely on the judgment of others