Rickackerman.com gives you insights on stocks, options, mini-indexes, gold, and silver. This happens through a blog format. Each day the front page of the site contains the Topic of the Week, Today’s Action and Rick’s Picks.
This service features:
- Topic of the Week
- Today’s Action
- Rick’s Picks
- Hidden Pivot Analysis
- Email notifications
- Invitations to live events
Topic of the Week
Each week they have a different topic they talk about that stays current for a whole week so people can discuss it in the comments. They week of review they talked about “Remembering Why We Hold Gold”. In it Rick makes very insightful remarks about the trend of gold and the world economy. The commentary is always several hundred words long.
The discussion in the comments is quite lively and there were close to 100 people commenting on this article. So it seems like a really involved community. But let’s take a look at the other features first, before coming to final conclusions.
A sneak peek at the members section:
Today’s Action is a little blurb telling you what they think is the big action of the day. It is something actionable and current from which a lot of people will get some value if traded properly.
This is a list containing stocks, commodities and mini-indexes. They all get recommendations and forecasts and are updated almost everyday on their price movements. This is probably the only/most interesting to people who have these in their portfolio. The list at time of review contained:
- GOOG – Google
- DIA – Dow Industrials ETF
- ESZ13 – December E-Mini S&P
- GCZ13 – December Gold
- NFLX – Netflix
- KTZ13 – December Coffee
- FB – Facebook
- CLZ13 – December Crude
- DJT – Dow Jones Transports
- PCLN – Priceline
- YHOO – Yahoo!
The method used to analyze these and give you the recommendations and forecasts is Hidden Pivot Analysis. More on that below.
Hidden Pivot Analysis
On their website it is described as:
A proprietary technical analysis method that took more than ten years to develop and hone.
The basis of this is the ABC Method. Also known as a Formation Tool in most charting software. What it basically does is creating an ABCD formation on a chart, drawing the unknown point D in the future.
These notifications are sent out whenever forecasts are published or updated.
Every once in a while Rick will do a live event. All subscribers will get a message sent to them if the event hasn’t been scheduled in advanced very far.
The chat is very nice. It consists of two rooms:
- Rick’s Saloon & Betting Parlor
The Saloon is the more serious room. Here you can ask serious trading related questions to Rick. And the logs tell me that Rick always answers, almost right away.
The Banter room is for the unrelated talk. Go here if you want to socialize with the other members. Although Rick is chatting in there as well.
All in all this service is very well known and has a very high standing among retail traders. I think this is a quality service, looking at the features and the insights delivered.
Warning! Multiple user reviews by the same ip addresses have been detected! Most originating from http://www.rickackerman.com/chat
They offer a free trial of two weeks, but they do want your credit card when signing up.
- $49 per Month
- $106 per Quarter
- $200 per 6 Months
- $350 per Year
Visit their site: http://www.rickackerman.com/