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$CLU26 – September Crude (Last:86.80)
Trading in NYMEX Crude won’t start for another hour, so I’ve had to imagine a pattern to predict how things might turn out. It is a foregone conclusion that quotes will open significantly lower, since Trump, as fully expected, has announced on a Sunday yet another ceasefire. This dog-and-pony show

$ESU26 – September E-Mini S&P (Last:7611.75)
Although DaBoyz could easily short-squeeze this gas-bag to new record highs with just a dollop of fake good news, I’ve presented a chart that is somewhat bearish. The 7266.00 target lies just 3.5% below, and even though the tedious struggle between bulls and bears has yet to achieve it after

$GDXJ – Junior Gold Miner ETF (Last:95.39)
I gave GDXJ the benefit of the doubt when last week ended, but all it did was add to the disappointment we’ve felt waiting and waiting…and waiting for gold to show a pulse. I set a low bar, and GDXJ didn’t have to do much to turn the intraday charts

TNX.X – Ten-Year Note Rate (Last:4.68%)
We’ve been using 4.82% as a minimum upside projection, but it’s time to shift the target to the 5.09% Hidden Pivot shown in the chart (see inset). The erratic ascent of long-term rates has been making headlines lately, but Rick’s Picks subscribers have been expecting them to hit 5% for
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THE MORNING LINE
Juggler Extraordinaire…
Although we featured pithy weekly commentaries in this space for many years, the time and effort spent crafting them is now devoted to making the Rick’s Picks Trading Room an unbeatable source of timely trading ideas for novices and professionals. You should check here weekly, since I will continue to post links to my latest interviews and to offer visual enticements designed to entertain, amuse and enlighten you. Much of it will come from YouTube, since their video catalog is endlessly fascinating. Submissions, including home videos, are welcome and should be sent to this address. To view this week’s entertainment offering, click here for a juggling performance that redefines the art. The artist is Peter Davison, whose inventiveness, technical skill and wit have astounded and delighted audiences around the world for decades. Even as he approached the age of 50, he was among the very few who could mount a high unicycle without assistance. He has choreographed ballet for the Denver company and been a mainstay of fringe and other festivals in the U.S. and abroad.
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The analytical ‘touts’ below, overhauled each Sunday and updated 24/7, will continue as always, as will their barbed emphasis on the similarities between Wall Street and sleazy carnival midways. The remarkable accuracy of our trend calls and price targets is a matter of daily record and must be observed up-close to be believed. Sign up for a free trial with access to all site amenities by clicking here (no credit card needed). Then click here for my most recent interview with Howe Street’s This Week in Money. We talk about the AI boom in a way that will enable you to understand why a bust is inevitable. It comes down to weighing the countless trillions of dollars that are being invested against expected revenues. How much are you currently paying for Claude/Grok/Chat GPT? How much more would you pay if their respective developers try to put the squeeze on you to recoup their costs? That’s my point, and it applies not only to individual customers, but equally to large corporate customers as well. Greed and hubris have blinded AI’s purveyors to its very finite limitations as a product we will pay for. Given the sums involved, this holds dire implications for the stock market and the economy. There is no turning back for investors, only down.
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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.
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- Timely links to the very best financial analysts and advisors
- Specific coverage of stocks, options, mini-indexes, gold, and silver
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Rick’s Picks Subscription
If you are looking for trading recommendations and forecasts that are precise, detailed and easy to follow, look no further.-
‘Uncannily accurate’ daily trading forecasts
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Real-time alerts
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Timely commentary on the predictions of other top gurus
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Timely links to the world’s top financial analysts and advisors
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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
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