Thursday, July 31, 2014

Aluminium, zinc, tin, copper together gives an accurate picture of the world economy

You know, you always hear people say that copper is the commodity with a Ph.D. in economics, I've always said, really, it's got a master's degree. 

When you look at aluminum, zinc, tin and copper combined then it gives you an idea of what's going on in the global economy and aluminum, zinc and tin are very strong.

Wednesday, July 30, 2014

Buy the 30 year and short the 10 year

Money is moving away from Europe and its moving to the United States, and it's going to park itself into debt securities.

In a bull move, you want to own the Bond market. You want own the 30 year. You want to be short the 10 years. You wanna own the Back end of the curve, you want to be short Front end of the curve. 

Tuesday, July 29, 2014

Dennis Gartman thinks Market Top could be near

Is the market really healthy when an IPO with the name EL Pollo Loco - the Crazy Chicken is a blow-out success and trades to a swift premium immediately

It reminds me so much of the late 1990's when you had goofy names, and its a wonderful company and they make great product so lets give them congratulations. But a lot of the market depends of the psychology and this just reminds of me so much of the furor, the frenzy that prevailed in the late 90's and early part of the century. Be careful.

If you want to look at chicken and have to be involved in the chicken market, go look in the Tyson's rather than Crazy Chicken.

Aluminium demand to grow says Dennis Gartman

Everyone laughed at me when I started buying aluminum nine months ago. 

You are going to see a larger off take of aluminum going into automobile production. It's the easiest way to meet EPA requirements for mileage is to make the automobiles and trucks lighter, and aluminum does that relative to steel and you're going to be selling, we're going to be selling, everybody's going to be selling a lot of automobiles for the Chinese.

Monday, July 28, 2014

Dennis says Gold prices has held its support

We caution everyone to be aware of the fact that although there shall be a great deal of conversation in the media about gold’s weakness it is worthy of not that gold even in US dollar terms has held its lows for the past full year and that the low made nine weeks ago was above the lows made in December of last year.

Interim lows have held at progressively higher levels. The psychology of the market may seem bearish, but the price action in broad terms is not.

via -

Tuesday, July 22, 2014

Gold rallies on Ukraine-Russia problem

Gold rallies on geopolitical problems, but those gains are all too often given up rather swiftly.

Monday, July 21, 2014

People are shooting first, asking questions later [VIDEO]

Dennis Gartman comments on the markets reaction to the Malaysian Air tragedy.

Wednesday, July 16, 2014

Dennis Gartman is optimistic USA over next 5 years

I think we're going to have a great five years. I think we're going to be surprised at how strong the U.S. economy is going to be, and even how strong the global economy is going to be.

Monday, July 14, 2014

Dennis Gartman of Fed policies and QE

Although there are ‘hawks’ voicing concerns about inflation and the lack of economic response to QE and calling for sooner-rather-than-later moves to tighten monetary policy, the fact of the matter is this Fed shall err expansionary and shall refrain from tightening rates for a very long while into the future. 

- VIA:

Thursday, July 10, 2014

Dennis Gartman vs Peter Schiff

Peter's talking about the fact that the United States is going to continue to destroy the U.S. dollar. But we also had the ECB come out and tell us last week that it will, in fact, be expanding reserves. I think you're better off being long of gold in euro terms than you are being long of gold in dollar terms for the foreseeable future.

via CNBC

Wednesday, July 9, 2014

Dennis Gartman still long Acoa and Apple stocks

I am on the sidelines, I am neutral. I am long of Alcoa, long of Apple. I've written calls against them, I have some derivatives to bring that net position back to almost net neutrality. But I'm still long of Alcoa and long of Apple and its still a bull market. 

via CNBC interview

Tuesday, July 8, 2014

Gartman calls for mild correction in markets

There are times when its wiser to be a bit moderate in ones approach and I think this is that time. I don't think you are going to get much of a correction, I don't think it will be much at all. This is a time to be net-neutral. Its time to be less long. 

Its more of a psychology call. I'm a little concerned that we got a little buoyant on the upside. Markets do get a bit ahead of themselves and that's all we gotten here. I saw some numbers, I was amused and interested in the fact, how much money was made in the first 4 or 5 days of the month and seasonally how bad things tend to get from middle of July to September on a historical basis. 

There are a number of things that made me say "probably a good time to go on the sidelines."

Watch the full interview below 


Monday, July 7, 2014

Dennis Gartman: Deflation in agriculture coming

Dennis Gartman feels that Deflation is coming to Agriculture and this could in turn benefit the major Food producers whose input costs are going to go down. 

"I think with the size of the crops, it is going to be a huge corn crop. It's going to be a huge soybean crop. It's going to be a reasonably large wheat crop. If you are a company whose major input costs are grains, you're going to have a great year. So I think you take a look at the Kellogg's of the world, the General Mills of the world. I think you take a look at the companies, live stock producers whose input costs are going to be declining. Deflation in agriculture is going to be a real harsh reality and its going to be beneficial to companies for those companies that use corn, soy beans, wheat as their major inputs."

Gartman thinks the companies are not going to reduce their prices and that will benefit their stock prices.
"They're going to keep their price increases in effect, but their input costs are going to go down. Therein lies an increase in their margins over the course of the next year"

Tuesday, July 1, 2014

Bullish Gold in non dollar currency

Gold Shares tend to be a leader of the market. Gold shares have historically led the move higher or lower and gold stocks have been doing quite well over the course of past several weeks. So anybody who has been bearish gold finds themselves for the first time in many months on the wrong side of the trade.