Bear Market

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.

The 'Junkie' Market Is Back

The past few days have seen a reversal from substantial net New lows to substantial net New highs – a condition that has preceded poor performance in the past...

Weekend Reading: You Have Been Warned

"Investors aren’t paying attention... There is an important picture that is currently developing which, if it continues, will impact earnings and ultimately the stock market..."

Rickards On Gold, Interest Rates, & Super-Cycles

"I’ve heard the same stories from Switzerland to Shanghai and everywhere in between, that there are physical gold shortages popping up, and that refiners are having trouble sourcing gold. Refiners have waiting lists of buyers, and they can’t find the gold they need to maintain their refining operations."

The Complete Idiot's Guide To The Biggest Risks In China

To the 25-year-old traders who have never seen a bear market and are getting edgy after the recent grumblings out of China, here is a primer for absolute idiots courtesy of Deutsche Bank, laying out the biggest Chinese risks to keep an eye on in the coming months...

Gartman: "The Bear Market Is Upon Us We Fear "

"Today’s “universal” weakness…only a week from the global market’s all-time high… is a harbinger of further material weakness we fear and sets the stage for the start of what we fear might well be a bear market of some serious vintage."

It's A 'Turkey' Market

"You can try and fool yourself that weak earnings growth, low interest rates and high-valuations are somehow are justified. The reality is, like Turkeys, we will ultimately be sadly mistaken and learn a costly lesson..."

Goldman's Top Strategist Reveals The Two Biggest Risks To The Market Today

"We’ve also seen a growing allocation of retail and institutional money into “premium chasing” quant strategies, including, for example, ETFs that sell equity vol. I think many of these developments are positive, but the associated market structure remains largely untested. So I would not rule out the risk of a glitch that triggers, say, a 5-10% correction."