Rick Ackerman’s Technical Forecasts – Thu 28 Jun, 2018

Some Personal Reflections On The Market

Rick Ackerman reflects on the markets and how it’s hard to be a bear. We discuss the ability of tech stocks to continue to bounce back after every drop and gold’s inability to gain any traction.

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Featuring:
Rick AckermanCory Fleck
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Comments:
  1. On June 28, 2018 at 3:16 pm,
    Silverdollar says:
    • On June 29, 2018 at 7:32 am,
      Rick says:

      Interesting link, thanks — right out of the Yale Hirsch almanac.

  2. On June 28, 2018 at 3:17 pm,
    Silverdollar says:
  3. On June 28, 2018 at 3:33 pm,
    Dick Tracy says:

    The policy of The Trump Administration is to collect what it feels other nations owe The US. Trump is not worried about ill feeling, he wants to bring back American manufacturing prowess. The US needs to return to the days of the American financial empire and let the rest of the world alone. DT

  4. On June 28, 2018 at 3:56 pm,
    CFS says:
  5. On June 28, 2018 at 9:08 pm,
    Excelsior says:

    Bitcoin down below $6K again to $5887.44 at present:

    https://markets.bitcoin.com/crypto/BTC

    • On June 29, 2018 at 5:52 am,
      Rick says:

      For what it’s worth, E, I’ve been projecting a potentially important low at 4396. This is basis the symbol BRTI. But we could see a snapback rally here as well, since bulls are getting stropped in droves out by the dip beneath February’s 5902 low.

      • On June 29, 2018 at 10:05 am,
        Excelsior says:

        Thanks for the targets Rick A. Much appreciated sir.

  6. On June 28, 2018 at 11:22 pm,
    CFS says:

    Stinking Swamp covers up Clinton emails of child exploitation.

    USAwatchdog:
    https://www.youtube.com/watch?v=ksfO2aC26Y0

    • On June 29, 2018 at 1:27 am,
      CFS says:
    • On June 29, 2018 at 1:34 am,
      Markedtofuture says:

      McCain Advised IRS to Audit so many that it becomes “Financially Ruinous” – Armstrong

      I have never been a fan of John McCain and see him as a hypocrite, which is my personal opinion. Now Judicial Watch has gotten hold of IRS documents that show McCain’s staff also advised the IRS to engage in audits of people he did not like and “audit so many that it becomes financially ruinous.” Direct Taxation has been used as a political tool since it was created. This is another reason why I believe that income taxes MUST be eliminated. The Founding Fathers were correct. Any taxation MUST be indirect and NEVER DIRECT because the latter requires personal accountability to the state. These people are beyond despicable. They are by NO MEANS true representative of the people. This is precisely why Republics have been one of the worst forms of government ever devised. There is NO EXCEPTION for they have always devolved into oligarchies. We cannot have an honest government with career politicians – ABSOLUTELY impossible.

      https://www.armstrongeconomics.com/world-news/taxes/mccain-advised-irs-to-audit-so-many-that-it-becomes-financially-ruinous/

  7. On June 29, 2018 at 1:22 am,
    CFS says:

    Off Topic, but worth watching:

    https://youtu.be/y8cp1KvZKPo?t=113

  8. On June 29, 2018 at 8:15 am,
    bonzo barzini says:

    Hi Rick, as gorgeous as Colorado is, and as much as I love hiking at the Maroon Bells, Manitou Springs, Ouray, Telluride, Breckinridge,Vail, Crested Butte, Hanging Lake, Nederland, Steamboat, Aspen, Redstone, Twin Lakes, etc., I do have a minor compaint. The air is so dry that my lips crack, and I won’t take my Taylor 810 rosewood guitar there for fear the top would crack if it dried out.
    The humidity in Houston may feel bad, but at least my guitar and lips are safe, and the roads are not icy in winter. Wish I could summer in Colorado and winter in Texas.

    • On June 29, 2018 at 8:34 am,
      Matthew says:

      Colorado. It’s just south of heaven. 😉

  9. On June 29, 2018 at 8:42 am,
    CFS says:

    Denver is going to be , (105 is hot even in low humidity) the mile fry city this weekend.