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Dennis Gartman's Latest Trade Recommendation
We wonder if Gartman's newsletter recently added a "purely for comic purposes" disclaimer because this is (and continues to be) nothing short of humor gold.
NEW RECOMMENDATION: We are sellers this morning of the Russell and we are buyers of the S&P, for the chart of the former is ominously bearish while the chart of the latter is interestingly bullish. We’ll do equal dollar sums on both sides of the trade and we’ll have a stop in tomorrow’s TGL, but for now we’ll not wish to see the trade more 2% against us and as we write the June Russell 2000 is trading 1222 and the June S&P is trading 2099.50.
And sure enough from the open: the "ominously bearish" RUT is up 0.7%, the "interestingly bullish" SP: +0.2%.
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I recommend Pennis Shitman to suck my dick.
Look...
When i enter a trade, I get a ? tIrade.....
When an i finds it's self in a genus (as a person who has found himself/herself), you get?
genIus....
Get at the root and then work up, weak foundations are looking to crack in this Apo-Calypso...
https://www.youtube.com/watch?v=rExEQwQZ428
Dennis Gartman should hang himself on a bungee cord from the Brooklyn Bridge, while taking a selfie for his $19.99 a month newsletter. ;-)
Looney
he is a spokesman for the Tribe
so please just do the opposite of what he says
Off topic; my dad told me, he is quite old, that Mark Zuckerberg is the grandson of David Rockefeller.
Is that true?
Unlikely, a schmuckalovitz named Jacob Greenberg got arrested for holding pot and his mugshot looks like a skinhead version of Zuckerberg. The rest is meme.
Some say he is Tim Stolper's uncle. Others say his nipple is in the shape of the S&P futures pit. All we know is, he's called The Gartman
I heard the Gartman can take a shit that is an exact miniature replica of the Gartman.
Whooaaaaaa.
I bet he got ridiculed and mocked as a child
Love how he gets all defensive whenever he gets called out on one of his never-ending wrong trade recommendations
Fucking arsehole
Mouth piece for the NWO fuck him and that nasty whore Melissa Lee. Communist assholes living off the people.
Oh no, Merissa Ree have very sexy mouth.
She make boom-boom long time, very good.
Vinz
Q - dennis what do you do to relax in your spare time?
Gartman - well I like to sit down with a big glass of scotch and listen to my wife play my favorite tunes on the jack-in-the-box to clear my mind.
I don't care what anybody says, this Gartman guy is no Tom Stolper. You could set your watch by Stolper. This guy accidentally makes contact with the ball every now and then which makes him incredibly dangerous.
Have they come out with the gartman inverse ETF yet ?
Lot of money to be made there.
Or the "Gartman Indicator."
Nice revision http://bloomberg.econoday.com/byshoweventfull.asp?fid=467247&cust=bloomberg-us&year=2015&lid=0&prev=/byweek.asp#top
expect this weeks print to be revised south of 1%
Totally sustainable. http://finviz.com/futures_charts.ashx?t=ES&p=m1
Excuse me. More details. Where is his stop? How should I do the Anti Gartman Stolper ETF if I don't know his stoploss? I need to set exit targets for the trade.
2% is his stoploss, if I interpret this correctly. Why does he speak from "we" ? Pluralis Majestatis?
True. Fineprint. Thanks.
But I found no "we".
Another famous quote from Gortman, "Klaatu Barada Nikto".
Sorry, makes no sense. "Take me to your leader" only applies if they didn't install the sumbitch. ;)
It makes even less sense than that. Gort(man) didn't say it, Helen Benson (Patricia Neal) did. "Gort, Klaatu Borada Nikto" after Klaatu (Michael Rennie) was shot and the robot carried him off to the temporary rejuvenation machine in the ship.
Nothing makes sense these days, so why should I bother to try.
thats kind of funny. i dropped my tgl subscription 4 or 5 months ago. and i made a bunch of money last month doing the opposite trade, long S&P 500 and short russell 2000. bought 6 s&p for every 5 russell sold. had a beautiful chart where the pair came right up and kissed the trendline resistance which had formerly been support. as to this reco it may or may not work. i also noticed the pair did not trade much with the dollar as one might have expected.
Analysis schmenalysis - HFT makes both technical and fundamental meaningless.
Gartman doesn't even know the difference between "interestingly bullish" and "pleasantly bullish". What an amateur.
The difference is measured in inches and the lack or presence of lube.
Thank you for clarifying. Just confirmed my Perma-Bear status.
Guess large caps are about to drop and small caps are about to pop.
You get partial credit, pun intended.
I think he forgot to mention he is "short of the Russell in Euro terms" and "long of the S&P in Thai Bhat terms"
Yeah, but WWJCD?
What would Jim Crammer do?
" and... I am LONG of BULLSHIT (and I get paid for it)
This guy is such an ass clown!
Dennis 'I am always wrong therefore I exist' Gartman.
How does this clown remain in business? Who would give him money to manage?
Better still, who would give anyone money to manage when nobody has beaten the S&P over the past 6 years?