Dennis Gartman

Re: Dennis Gartman

Postby winston » Thu May 05, 2016 7:55 pm

Gartman says gold is in a true bull market—and on its way to $1,500

by Stephanie Landsman

Source: CNBC.com

http://www.cnbc.com/2016/05/03/gartman- ... =103598073
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Re: Dennis Gartman

Postby winston » Thu Aug 04, 2016 11:28 am

Dennis Gartman: Stocks could be in trouble

by Paayal Zaveri

Gartman also noted that stocks have already had an "outside reversal week … where you've made a new all-time high and then taken out the previous week's lows, already in a mere two-days period of time, those sorts of things have in the past been very indicative of important tops."


Source: CNBC

http://finance.yahoo.com/m/f4b98b8f-d71 ... could.html
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Re: Dennis Gartman

Postby winston » Fri Sep 16, 2016 8:41 am

Why Did This Investor Buy Far Out-Of-The-Money SPY Puts

By Tyler Durden

We have derivatives positions in place sufficient to keep our net market position to one that is somewhat net short.

We are also long, of course, of gold predicated in EURs and we have a very, very small position in “SPY” puts that are rather far-out-of-the-money at the moment as a bearish “punt.”


Source: Zero Hedge

http://www.thetradingreport.com/2016/09 ... -spy-puts/
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Re: Dennis Gartman

Postby winston » Fri Oct 07, 2016 6:13 am

As Gold Crashes, Gartman Has A Theory What Is Behind It

By Tyler Durden

As for gold and the other precious metals they remain rather obviously weak and as we move away from Tuesday’s collapse it appears more and more that this was a forced liquidation on the part of a large… actually a massive… hedge fund out of London.


Source: Zero Hedge

http://www.thetradingreport.com/2016/10 ... behind-it/
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Re: Dennis Gartman

Postby winston » Sun Aug 13, 2017 10:07 pm

Interesting week as more very intelligent money managers turn bearish

Dennis Gartman cited those very intelligent people as he made the prediction that the long bull run for stocks is over.

He said he realized what kind of damage such a call, if incorrect, could do to an 'already damaged' reputation, but he just feels compelled to do it.

So, more negative sentiment from the big names, though Gartman has lost big name status as he has sadly made multiple wrong calls on stocks, oil, and other commodities over the past year or two.

He truly appears to have just flip-flopped as the markets sold then rebounded, sold then rebounded.

The problem is you have to recognize you can and will be wrong. You must recognize you don't know with any certainty at all what the market will do. You study the patterns, the moves, the trends, and distill down to the possible moves at any given point.

Sometimes there are clear inflection points, e.g. SP400 and RUTX at the 200 day SMA right now. Then, you put yourself in position to play what appear to be the high probability plays, and importantly, the high profitability plays, up and down, at that time. Then when the moves are made, you play them.

Gartman really needs to be right this time because he has lost sight of what he really knows and does not know and thus made 'certainty' calls for market direction. When those go wrong, it is death. And sadly for him, the commentary to his Friday announcement about the bear market's end brought out the morbid humor.

"He has given up on prognosticating and has decided to become Captain Obvious." "How can you stake something you no longer have?" "At this point one has to wonder if Gartman's own family fades his market calls." The market is, as always, ruthless.

Source: Investment House
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Re: Dennis Gartman

Postby winston » Fri Dec 01, 2017 7:37 am

The stock market has 'gone parabolic,' says Dennis Gartman

The fact that the stock market wants to climb even higher is "stunning" but true, widely followed investor Dennis Gartman told CNBC on Thursday.

The Dow Jones industrial average soared more than 350 points on Thursday, breaking above 24,000 for the first time, on optimism over tax reform.

by Michelle Fox

Source: CNBC

https://www.cnbc.com/2017/11/30/the-sto ... yptr=yahoo
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Re: Dennis Gartman

Postby winston » Thu Mar 15, 2018 2:57 pm

Gartman Makes ‘Watershed’ Call to Sell Equities and Hold Cash

He is “calling for a major, multiyear top on the equity markets following the recent volatility and following the reversals to the downside that took place yesterday in the Dow Industrials; the Nasdaq; the S&P and the Russell 2000.”

Gartman wrote that stocks will suffer as monetary authorities slowly pull back on stimulus, and he’s concerned about a “violently random” trading environment in the past few months and reduced trading volumes.

“It is time to hold cash; it is time to sell rallies; it is time not to buy weakness,”


Source: Bloomberg

https://www.bloomberg.com/news/articles ... yptr=yahoo
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Re: Dennis Gartman

Postby winston » Tue Dec 31, 2019 8:16 pm

Where to Find Shelter in the Coming Bear Market

By Mark Hulbert

His pessimism derives from what he perceives to be the absence of fear among market participants.

The traders making the most money are those too young to remember the last bear market.

Which market is most undervalued now? Gartman says it’s commodities, especially agricultural commodities—which he says are “unbelievably inexpensive right now.”

The two agricultural commodities that he currently is recommending in his newsletter are cotton and wheat. ( iPath Series B Bloomberg Cotton Subindex Total Return (ticker: BAL), and Teucrium Wheat (WEAT)).

“The market will return to rationality the moment you have been rendered insolvent.”


Source: Barron's

https://www.barrons.com/articles/where- ... yptr=yahoo
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Re: Dennis Gartman

Postby winston » Tue Dec 07, 2021 3:01 pm

Dennis Gartman Says ‘Bear Market Is Required’ as Stocks Over-Valued

I think over the course of next year, he or she who loses the least amount of money will be the winner.

Participants have turned their attention to elevated inflation and Fed Chair Jerome Powell’s hawkish tilt, prompting hedge funds to ditch equities at the fastest rate in 20 months.

Prices should go lower within the next year and the 10-year Treasury yield will rise to 2-3% over the next several years.

‘Get the trend right’ and I think that the trend is now to the down, not the upside.

Gartman recommends high-dividend stocks and to “avoid the high-tech stuff Cathie Wood et al. have been exposed to.


Source: Bloomberg

https://finance.yahoo.com/news/dennis-g ... 28843.html
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Re: Dennis Gartman

Postby winston » Tue Jan 04, 2022 4:22 pm

Dennis Gartman Sees Stocks Falling 15% in 2022 on Aggressive Fed Hikes

by Emily Graffeo and Nathan Hager

Stocks could face a “slow, laborious” decline in 2022 as a result of a more hawkish Federal Reserve that may raise interest rates four times.

Gartman has long been calling for a bear market.

The benchmark overnight rate could jump at least 100 basis points from current levels by the end of the year.

Gartman admitted he’s been wrong for the past six months to call for a bear market.

Going to the sidelines in a quiet and reasonable manner I think is the proper way to trade for the next year or two.


Source: Bloomberg

https://finance.yahoo.com/news/dennis-g ... 28324.html
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