Some Personal Reflections On The Market

June 28, 2018

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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    Jun 28, 2018 28:16 PM
      Jun 29, 2018 29:32 AM

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

    Jun 28, 2018 28:17 PM
    Jun 28, 2018 28:33 PM

    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

    Jun 28, 2018 28:56 PM
    Jun 28, 2018 28:08 PM

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

      Jun 29, 2018 29:52 AM

      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.

        Jun 29, 2018 29:05 AM

        Thanks for the targets Rick A. Much appreciated sir.

    Jun 28, 2018 28:22 PM

    Stinking Swamp covers up Clinton emails of child exploitation.


      Jun 29, 2018 29:27 AM
      Jun 29, 2018 29:34 AM

      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.

    Jun 29, 2018 29:22 AM

    Off Topic, but worth watching:

    Jun 29, 2018 29:15 AM

    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.

      Jun 29, 2018 29:34 AM

      Colorado. It’s just south of heaven. 😉

    Jun 29, 2018 29:42 AM

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