Tuesday, November 7, 2017

The market could surge higher in the short term

With the markets continuing to make new all time highs, many investors are cheering but Dennis Gartman is not one of the stock market bull cheerleaders,

"....We fear that we are about to enter that violent… and ending… rush to the upside that has ended so many great bull markets of the past. At this point, the buying becomes manic and prices head skyward. Speculation is the order of the day, not investment and when such periods have erupted in the past prices have gone parabolic until such time as the last bears have been brought to heel and the public has thrown investment caution to the wind. We’re there now; this may become wild."

via zerohedge