Dennis Gartman

Re: Dennis Gartman

Postby winston » Tue Jun 14, 2011 8:03 am

Gartman: Gold will replace the euro

"The problems in Europe are so severe that we're going to wake up one day and find that the euro is no longer traded..."

http://www.hardassetsinvestor.com/inter ... -corn.html
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Re: Dennis Gartman

Postby winston » Fri Dec 30, 2011 11:09 pm

On Fast Money, CNBC

Lee brought in commodity guru Dennis Gartman to comment on investing in agricultural commodities.

He said it is a winning trade, along with the equities markets. He said he is seeing strong demand in the grain markets.

Gartman said the austerity programs in Europe is not bullish for gold. However, he believes gold and silver are close to a bottom and would get back into gold shortly.

Source: The Street
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Re: Dennis Gartman

Postby winston » Fri Jan 13, 2012 7:21 am

On Fast Money, CNBC:-

Lee brought in Dennis Gartman to comment on the strong demand in the 10-year Treasury note auction and a paltry yield of 1.9%.

Gartman said he sees rates going lower as everyone seems to shorting the bond market.

He said Europe doesn't look good, with German rates heading into negative territory, while there is a sense in the U.S. that the Fed may be up for some easing.

Source: The Street
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Re: Dennis Gartman

Postby winston » Thu May 31, 2012 11:28 am

When rock star traders are fearful, isn't it not the time to think about buying ?

On CNBC:-

You should be out of Equities now ...
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Re: Dennis Gartman

Postby winston » Fri Jun 01, 2012 8:48 am

Dennis Gartman: Move To The Sidelines In Stocks by Lee Brodie

Last week he was bullish, but no more. Dennis Gartman says cash out.

“I liked stocks a week ago," says the strategic investor and CNBC Contributor, "but technical indicators are not to be ignored.”

And there are plenty of signals that suggest the market is facing headwinds. This week the euro [EUR=X 1.2349 -0.001 (-0.08%) ] broke below a key level against the US dollar [.DXY 83.18 0.13 (+0.16%) ]. A stronger dollar has been negative for the stock market.

Also, the yield on the 10-year [US10YT=XX 1.564 0.006 (+0%) ] traded down to is lowest level in at least 60 years suggesting investors are willing to lose money – when adjusted for inflation expectations – because they’re so desperate for a safe haven.

In addition, oil prices [CLCV1 86.43 -0.10 (-0.12%) ] have tumbled, which is good for prices at the pump but bad for energy stocks [XLE 63.63 -0.56 (-0.87%) ].

On top of that, the CBOE Volatility index [VIX 24.06 -0.08 (-0.33%) ] jumped more than 12 percent, the biggest spike for the "fear index" since mid-April.

Plus, the S&P [.SPX 1310.33 -2.99 (-0.23%) ] continues to hit resistance every time bulls try to drive it much above 1325.

And, as if all that’s not negative enough, Gartman is particularly troubled by the action in the Dow Transports [.TRAN 5074.70 45.06 (+0.9%) ].

“They failed to make a new high even as the DJIA continued to rally,” he says. According to Dow Theory, the Transports confirm or deny moves in the Industrials. In this case, they're denied.

All told, “Get thee to a nunnery,” Gartman says. “It’s now safer on the sidelines.

http://www.cnbc.com/id/47617669
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Re: Dennis Gartman

Postby winston » Tue Jun 05, 2012 6:50 am

Dennis Gartman: Chance of Fed Stimulus Stands at 100 Percent By Forrest Jones

The chance the Federal Reserve will stimulate the economy via monetary easing measures stands at 100 percent, says Dennis Gartman, the editor and publisher of The Gartman Letter.

"The Fed has made it abundantly clear that it has kept QE3 up on the table; [it] would be executed if economic circumstances deteriorated. And you have to admit that Friday's number — no matter how you try to slice it — was deterioration," Gartman tells CNBC's "Capital Connection."

The announcement should come around the time of the Fed's June 19-20 monetary policy meeting, Gartman adds.

http://www.moneynews.com/StreetTalk/Gar ... /id/441135
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Re: Dennis Gartman

Postby winston » Thu Jun 21, 2012 9:09 am

Gartman: Interested in Gold? Buy Miners, Not the Metal By Julie Crawshaw

Trader Dennis Gartman, author of The Gartman Letter and well known for his expertise in commodities, says there's a shift in the gold trade.

“For the first time in a long time, I’d rather own the miners than bullion, or gold contracts or the GLD,” Gartman tells CNBC.

For the previous four to five years, even as the spot price has climbed to new highs, gold miners have deteriorated, says Gartman.

Now, that's changed, he says.

“Over the past few weeks, as the gold market advanced, the gold equities—that is, large-cap gold miners—performed better than bullion,” Gartman explains.

“I watch that sort of thing to see how efficient and how well entrenched the gold rally is.”

According to Seeking Alpha, gold miners ETF funds have been outperforming physical gold ETFs for over a month now.

“Perhaps it's because gold miners ETF products had been the victim of such a steep sell-off versus gold that contrarians stepped in to bet that the disconnect had to revert back to the mean,” writes contributor Christian Magoon, adding that the largest physical gold ETF, GLD, takes the bottom rung of this ranking, while mining-oriented products have soared.

However, Magoon notes, despite the surge in the performance of gold miners ETFs lately, these ETFs are still in negative territory in 2012 and have a dreadful one-year track record.

http://www.moneynews.com/StreetTalk/gar ... /id/442866
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Re: Dennis Gartman

Postby winston » Sat Feb 23, 2013 5:24 am

Dennis Gartman recently wrote that the game is “changing” and that it is time to “rush to the sidelines”…

“When tectonic plates in the earth’s crust shift earthquakes happen and when the tectonic plants shift beneath our feet in the capital markets margin calls take place. The tectonic plates have shifted and attention… very careful and very substantive attention… must be paid.

“Simply put, the game has changed and where we were playing a ‘game’ fueled by the monetary authorities and fueled by the urge on the part of participants to see and believe in rising ‘animal spirits’ as Lord Keynes referred to them we played bullishly of equities and of the EUR and of ‘risk assets’. Now, with the game changing, our tools have to change and so too our perspective.

“Where we were buyers of equities previously we must disdain them henceforth. Where we were sellers of Yen and US dollars we must buy them now. Where we had been long of gold in Yen terms, we must shift that and turn bullish of gold in EUR terms.

Where we might have been ‘technically’ bullish of the EUR we must now be technically and fundamentally bearish of it. The game board has been flipped over; the game has changed… change with it or perish. We cannot be more blunt than that.”


Source: The Trading Report
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Re: Dennis Gartman

Postby winston » Fri May 24, 2013 8:24 am

It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: Dennis Gartman

Postby winston » Fri Aug 23, 2013 6:40 am

Why Is Anti-Goldbug Dennis Gartman Getting into Gold?

Dennis Gartman, the editor and publisher of The Gartman Letter, has made no secret of his disdain for gold. But he believes a good trader is agnostic of everything.

So, when technical charts indicated it was time to buy, he did. In this interview with The Gold Report, Gartman talks about how he has been playing gold off of other currencies to turn a profit and discusses whether he is ready to get into gold equities yet.


http://www.theaureport.com/pub/na/15533
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