A Real Relief Rally Without A Real Relief
Less than 24 hours after announcing the blockade, Trump told reporters that "the right people" in Iran had called and "want to work a deal."
Expert's Profile
Rick Ackerman
Phenomenally accurate forecasts for stocks and commodities
Most recent content
The “Peace” Talks That Got Out of Hand
Twenty-one hours of talks. No deal. Vance boarded Air Force Two. The entire US negotiating team left Islamabad. Nobody stayed behind for back-channel discussions.
Mining Costs Just Got Higher in Australia, and the Precedent Reaches Further
On February 27, an Australian federal court handed down the largest native title compensation award in the country's history.
A Big Undeveloped Silver Project Won't Produce an Ounce Before 2034
Pan American Silver just released a dramatically improved mine plan for its La Colorada Skarn project. The numbers are better in every way. And it still won't matter for the current deficit.
India Opens a New Institutional Door to Silver
For the first time, India's mutual fund industry can include silver in equity and hybrid portfolios. Here is what that means in concrete numbers.
Approach / Strategy
What Is a Hidden Pivot?
When a stock's price fluctuates, it reflects the ongoing balance between supply and demand, likened to the natural flow of yin and yang. Stock movements resemble an "inhale" and "exhale" pattern, with each rise (zig) having a corresponding fall (zag).
Hidden pivots lie at key turning points within stock movements, helping determine price changes with precision, and they are “hidden” because they cannot be detected using such conventional technical tools as trendlines, support and resistance lines, Fibonacci levels, Gann angles, momentum oscillators or stochastic indicators. While Elliott Wave Analysis can offer similar insights, the hidden pivot method is simpler and more straightforward for traders to use.
Full Bio
Rick Ackerman is a seasoned trader, known for his 40+ years in the financial markets. He spent 12 years as an options market maker on the Pacific Coast Exchange and is now the editor and publisher of Rick's Picks, an online service for traders from novice to expert.
In the trading world, Rick is known for the unusual accuracy of his price predictions and for developing the Hidden Pivot Method that he uses to trade and forecast. His insights have been featured on CNBC, Bloomberg, and publications like Barron’s and The San Francisco Examiner. 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. Ackerman also helped solve a famous pill-tampering case, earning recognition from the FBI.