Rick Ackerman joins me today to share some of the levels he is watching for a wide range of markets. We start with natural gas and Rick’s thoughts of more downside to come. Next up is the S&P and the question of where it could finally turn around for at least a short term correction. Finally we look at the gold and silver charts.
Rick Ackerman joins me to share what his technicals are telling him about a wide range of the major sectors we follow. We start with gold and GDX with buy levels Rick is waiting for. Next up is his short term outlook for the US Dollar and US equity markets.
Rick is with us today to share his updated thoughts on the charts for the S&P, gold, silver, and oil. Rick also comments on how he thinks the election will play out in 2020 and the market impacts.
Rick Ackerman is kicking off today by updating us on some of the trades he has been doing in both gold and the S&P. These two markets are very inversely correlated right now and after last week when Rick was playing the short side of the S&P, the drop early this week now has Rick watching some higher levels that if reached will impact gold as well.
Rick Ackerman joins me today to share a recent trade he is taking going short on the S&P. While he does not think this will be “the mother of all tops” but for how far the market has run without any sort of correction he thinks now is the time. We also discuss the VIX which continues to trend lower and the speculators build on there historic level of shorts.
I’m happy to report that Rick Ackerman is back! We look at the gold chart on a short term basis and discuss a couple trades Rick is making. I will be chatting with Rick on a weekly basis so stay tuned next week for more technicals from Rick.
On a day when markets are selling off and money is moving more into risk off assets we get to hear Rick’s updated targets and thoughts on general direction for a range of markets. We start with the US markets move to gold and platinum, then finish off with oil.
Rick Ackerman is with us today to share his thoughts on the precious metals and FAANG sectors. Starting with the metals we address how hard it can be to trade a market that continues to move sideways. We also are reminded of the levels Rick is watching for gold. As for the FAANG stocks there are a couple good companies and a couple companies that Rick terms the “dead stocks walking”. Listen in to find out which he is referring to.
Rick Ackerman is with us today to share his outlook for Gold and the US markets. He outlines a couple targets for both pullbacks and breakouts that need to be watched closely.
Rick Ackerman is with us today to share his thoughts on the gold, silver, and S&P charts. While still bullish on the metals there are some levels to closely watch for confirmation of an actual breakout.