Gartman Covers His Short

"We are short of a small, token position in US equities and we are wrong by less than 1% at this point... it is best that we cover our position as soon as possible and with that very small loss taken hove to the  sidelines to watch and wait.

WTI Tops $57 After Biggest Crude Draw In 3 Months

WTI/RBOB bounced today in anticipation of a reversal of the last two week's builds in crude inventories, and bulls were not disappointed by the API print.  Jan '18 WTI pushed above $57 but RBOB fell after a big crude draw (though gasoline build).

Meg Whitman Out As CEO Of HP Enterprise, Stock Tumbles

HP Enterprise announced that long-time CEO Meg Whitman is stepping down effective February 1, 2018. And now we look forward to her entry in the 2020 presidential race, although it is not clear if she will run as a democrat or republican.

US Calls For 'Genuine Transition' In Zimbabwe As Mugabe Resigns

“What we don’t want is a manipulation by the government or by the ruling ZANU-PF party - holding rush elections, not taking into consideration a lot of the reform issues that the opposition wants to implement; also, not giving political space for Zimbabwe people for them to express what they want to see in a new government..."

Bankrupt Venezuela Is Demanding Oil From JV Partners Without Payment

A cash-strapped, and bankrupt, PDVSA has resorted to siphoning oil from its cash-paying joint ventures with foreign firms to feed its domestic refineries: "PDVSA started requesting some cargoes from Petrocedeno. Now it is asking Petropiar to relinquish almost half of its crude production."