Brian Catalucci

Register for the Next Live Wednesday Tutorial Rick's Hidden Pivot Tutorial is normally held second and fourth Wednesday of the month at 12:15 PM EST Click the link below to register to attend the next live Wednesday HP Tutorial When you register for the next live Tutorial, Zoom will send you a link that you will use to enter the webinar. Please safeguard the link as the link does not come from Rick's Picks. You should receive the link in about 2 to 15 minutes. If you don't get a link, let us know via subscriptions@rickackerman.com In these Wednesday Tutorials, Rick gives continuing Hidden Pivot education using real-time charts. Rick highly recommends that all HP subscribers and graduates attend these sessions. Rick uses these sessions to introduce new HP concepts and strategies. This is part of the Hidden Pivot training so don't miss out! Register for the next live Wednesday Tutorial (June 28) Register for the next live Wednesday Tutorial (July 12) Register for the next live Wednesday Tutorial (July 26)

  Setting up trades that can be initiated with limit bids or offers is the main focus of this lesson. Such trades are a built-in feature of all ‘mechanical’ entries, and we can use them to trade single-share lots of a $3000 stock if we so desire. There will inevitably be losers now and then, but if the initial idea was a good one, there is no reason why we shouldn’t attempt a promising trade a second time. There are some examples in this lesson to illustrate the point.

This is a test Tout from Rick's Picks - please ignore Thanks Rick's Picks

This session, in the words of a student who attended, was about learning to hunt. We hopped from one symbol to the next,  searching not for great opportunities, but for a few of the myriad small ones that occur throughout the day. Those of you with relatively small accounts may find our odd-lotting forays on Amazon’s lesser charts particularly interesting. This is where ‘mechanical’ set-ups are at their most impressive, getting us in and out of a $3600 stock with risk as low as $8.

This is for test simple

New Gold, along with Yamana, Gold Resources and First Majestic, is on my short list of quality gold and silver stocks I am looking to build a position for what I believe will be the next major leg up to $2500+ gold in the years ahead. NGD is now breaking down below a 10 year long trend line. I believe this type of action will shake out the last of the gold bugs and fortunately there is a cluster of daily targets just below at 1.90, 1.83 and a weekly P2 of 1.69. Catching falling knives can be hazardous to your financial health so be patient and wait for the an impulse leg on the daily before committing too many chips. UPDATE (July 26, 1:04 p.m. EDT): In bear markets all news is spun as bad news and NGD's Q2 results yesterday after the close was no different as the stock is being pummeled this morning down as low as $1.42.  Now that NGD is clearly below its long term trendline we are now getting the setup I look for. The time to buy is when there is blood on the streets and NGD has done its fair share of hemorrhaging. Stay disciplined and wait for an impulse on the daily on the way up before you enter.  A pair of d targets below here is where I would start looking for that first impulse leg up on the daily before going long. _______ FURTHER UPDATE(S) by Rick Ackerman (July 29, 5:07 p.m.): I wouldn't touch this stock until it falls below 0.65, a prospect that grew more likely with last week's plunge below a secondary pivot at 1.51. The initial tout, prepared by subscriber David Isham, appears to have underestimated the extent of the bloodbath in New Gold shares. In my opinion,

[I am indebted to my longtime subscriber David Isham for contributing the following analysis of Majestic Silver. It is a wake-up call to those of you who may have become too bored with silver to notice that it has been stirring lately after a long slumber. RA]  The last time First Majestic Silver showed any sign of life was two years ago, which coincidentally happens to have been the last time we discussed this silver miner.  I regard First Majestic as the canary in the coal mine, and here on the weekly chart we see the first instance of its surpassing a significant point 'C' peak recorded on the way down. As I noted here earlier in relation to the Hidden Pivot Method, if a stock wants to turn around, it will usually do so at p2, which lies halfway between the 'D' target and the midpoint Hidden Pivot. Here we have not just one but two p2's of different degree potentially ending this bear market in metals and setting up what could be the beginning of a next leg up. When you consider that silver has a much greater amplitude to both the upside and to the downside compared to gold, and further consider that silver miners have an even greater amplitude than silver bullion, you can start to imagine the gains we could reap if we pay close attention.  I'm looking for a pullback over the next day or two and a potential set-up to get onboard. Although the bull is stirring, we'll let the stock tell us in the days and weeks ahead if the more-than-five-year consolidation is over. We may not catch the exact bottom using this approach, but looking back five years from now, I am confident that any shares bought for less than $10

Gaps are not usually discussed as part of Rick's proprietary system but its something in my bag of tricks that has produced results for me. I have noticed when there's a gap right after point 'A' there's a very high probability it's the 'A' you want to use. It's the same reason why single bars increase the odds of a pattern playing out-- there's some kind of panic that allows the Fibonacci projections to play out.  Could it be that gaps are like head and shoulders patterns and you see them everywhere especially if you are looking for them? Perhaps. But in my experience gaps near 'A's are associated with too many successful patterns to be just a mere coincidence. Another observation I want to point out with this chart is that although we hit P before dipping below C and breaking this pattern is that failed patterns will still produce reliable P2 and d targets. So set alerts at 27,019 and 28,239 as I believe they will produce reactions.

Henny Penny or more commonly called Chicken Little in the U.S. is a folk tale about a chicken that believes the sky is falling when an acorn lands on its head. That's what I see when I turn on television everyday. Just one Henny Penny after another proclaiming the end of the bull market. The only problem is Henny Penny hasn't been paying attention to the Russell 2000 which this week broke out to new all time highs. There are a pair of P2 and d targets (1658.15 and 1637.49 respectively) directly above which we can use to gauge the strength of this market. Whether we get a tiny overshoot or a miss of each target will provide us with a wealth of information as to the state of this bull market.  At the end of the folk tale Henny Penny and all the other animals that follow Henny Penny are invited into a lair by a fox and all of them are eaten.