Tuesday, April 29, 2014

Gartman goes neutral the markets and recent market volatility

"I do not like switching back and forth. It's not fun. I would rather be consistently bullish. It's still a bull market and the worst that I'll become is neutral of stocks."

Dennis Gartman goes neutral the markets. And explains to CNBC on why recent market volatility has affected his opinions on whether to be long, neutral or negative. 

Video from April 28, 2014 via CNBC

Monday, April 28, 2014

Wednesday, April 23, 2014

Gartman on Gold and Barrick, Newmont merger

Dennis Gartman video above where he explains why he is pleasantly long on Gold and why he thinks Gold in dollar terms may have bottomed few months ago.

Tuesday, April 22, 2014

Dennis Gartman not scared anymore

Two and a half weeks ago I became very scared and went to neutral, no question, absolutely, I did. 

But after a good two weeks' decline, after 50 big handles in the S&P, after barely going through but holding the 100-day moving average, you have to understand: it's still a bull market. So it's back to being pleasantly long again. Last week I said it's time to be buyers of equities again generally. 

If we change again any time soon it shall be to increase our exposure to equities, rather than to decrease it.

Wednesday, April 16, 2014

Dennis Gartman on High Frequency trading

I'm going to get in trouble for saying this, but I'm a believer in high-frequency trading. You can't believe how many times people have attacked me on the Internet. It gets ugly."

I know what the price is on the exchange. The dark pool is not going to be manifestly different, if it's a penny different from what the exchange is. It's not going to be different at all.

Monday, April 14, 2014

Cash is not bad

"I've always told people there are three things you can do in a bull market," Gartman said. "You can be really really bullish. You can be pleasantly bullish, and you can be neutral. It's time for neutrality."

"I'm amused at people who say, 'You can't just hold cash.' Of course you can. If you held cash for the last year, you felt it, You lost money, or you were lagging well behind. But cash right now might not be such a bad place to be for the next month or two."

Via - CNBC.com

Wednesday, April 9, 2014

Dennis Gartman got scared last Friday

In a bull market there are only three positions you can have: Really long, pleasantly long and neutral. It's time to be neutral. It's still a bull market. You don't need to be short, but you don't need to be long at this point. I think cash is the right place to be.

The changes [in stock prices from last Friday] were material enough and important enough to mandate that action be taken to reduce our exposure to everything we have on, save for positions in gold. "The whole world switched at that period of time.

via http://www.cnbc.com/id/101561878

Tuesday, April 1, 2014

Gartman buyer of China

Dennis Gartman is bullish on U.S. equities because he believes the stock market is consolidating since about 1.5 months near current levels. 

Gartman added that U.S. stocks seem likely to break out to the upside. If being forced to choose, he would rather be a buyer of copper than a seller. 

He is also a buyer of Chinese equities via exchange-traded funds.

Article via http://www.thestreet.com/story/12538764/1/fast-money-recap-the-value-of-old-tech-stocks.html