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Bulls Beware: Days After Calling For Bear Market, Gartman Declares The "Bearish Run In Global Stocks Is Over"
It was just last Tuesday, when the market was poised for continued deterioration, that the long-awaited savior for the bulls emerged when Gartman turned mega-bearish again, warnings that a "Bear Market Will Take S&P To 1420-1550." Specifically, everyone favorite comic flip-flopper said "there are still many who deny that this is a bear market, but it is that and we fear that it has a good distance to the downside yet to travel. Merely to get to “The Box” shall take the S&P to 1420-1550! Rallies are to be sold; weakness is not to be bought."
This announcement proceeded to unleash one of the biggest market rallies in recent months,
It appears that all that is now over, and overnight, the bear market has been called off when Gartman flopped yet again, this time with his latest "bold" call, and has, once again, turned "bullish of stocks" calling that end of the "bearish run in global stocks." To wit:
SHARE PRICES TURNED VIOLENTLY AND SHARPLY HIGHER FRIDAY here in the US, in Canada and in Europe, and they have continued to strengthen in Asian share dealing. Further as believers in and followers of “Reversal” days on the charts we are this morning making the bold… indeed, for us, the very bold … statement that the bearish run in global stocks is over; that the bearish run to the downside in US shares is over and that we are henceforth to err bullishly of shares, diametrically opposed to the position we have had for the past several months wherein we erred steadily… almost relentlessly… bearishly. We made the change from manifestly bearish of commodity prices to one that was incipiently bullish of them several weeks ago, and we made the shift from having been even more manifestly bearish of crude oil for the past many months to one incipiently bullish instead, and we are now finishing the trifecta as we turn bullish of stocks.
You know what to do.
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I agree, my turds lined up in a triple bull pattern in the toliet this morning
Gartman should just put on the red nose and big floppy shoes and get on with it.
Who spilled Crazy Glue all over my keyboard and coffee mug? I am now stuck to both of them. Help!
Dennis Gartman
Actually did that once.......the whole freakin office.
Gartman??? You sure it's not Cartman?
http://youtu.be/AzAt5vsllFc
He's shoring up his resume to join the ever decisive Fed
Cocksucker!
Tyler, thank you dor making my day. Silver breaks and Gartman turns bullish on the same day... Yay!!
He forgot
Great voice to comment on markets
Can I also get people to pay me for advise two days AFTER the "Markets" have changed short-term direction? Again. What a fucking asshat....
"Kiss me fat boy!" - Dennis Gartman
https://youtu.be/bOUMIXbTM5U?t=14s
Fading Gartman works... until it does not.
Gartman: "I Picked the Wrong Week to Stop Sniffing Glue"
This is impossible to even believe any more.
Why?, there are always more sinners to believe it impossible over.
Gartman does a decent job of getting free publicity. Say crazy stuff, reverse oneself often & get new followers (subscribers to his newsletter).
But not as good as Trump!
looks like he's even pinpointed the last rally day...today....lol
I say bearshit!
Shit. Now I have to go pull the rally monkey out of the box under the bed. It's so dusty under there.
Just get the trunk monkey out and have him beat Gartman to death. I like to err on the side of solving problems once.
(trunk monkey compliation)
https://www.youtube.com/watch?v=8avOiTUcD4Y
I'm starting to really like this guy. I'm mean who else is willing to be such a punching bag day after day with his public flip flopping? It's like he signed up to be the village idiot on wall street! I wish we could get a guest writer on ZH that has actually followed this asshats' advice to see how much in transactional costs were incurred switching positions every 3 days. Good fun!
It's like he signed up to be the village idiot on wall street!
Pretty sure he didn't sign up, i'm thinking he was annointed
All Clear !
While the (I'm just a sad pawn) photo of D. Gartman is classic, would someone mind PhotoShopping a different tie or a Joker-like smile on him now and then? ... just for variation.
Thank you
This guy is UNBELIEVABLE.
You can't be wrong EVERY FUCKING TIME! This is as impossible as being right all the time.
And the worst thing is, ZH pointed out the contrarian nature of his statements like when? Half a year ago? A year ago?
With an initial bet of 1'000 USD I'd probably be a millionaire by now just by playing puts and calls.
Grrr.
Maybe it's not too late to start now?
Actually, it started in 2009. Just read the full thread.
Too much, I got through an estimated 1/10 of it, to July.
Thanks
That's insane.
Thanks ZH.
WOW! I havn't seen a Tyler response in years
Just wait for Groundhog day, thats when he gets nuts!
Huh? We proved the Fed is always wrong, but never in doubt. So if you did as I did , the opposite of the fed mandate, you could already have been a millionaire, like me.
That's uncanny. Does he work for Goldman...or Virtu?
They must be big subscribers
he must be bipolar: he goes from bull to bear, bear to bull and back again like a yo-yo!
Thanks for the heads up. Gartman has even greater influence on markets than the Fed.
LOL, wrong-way Gartman.
Gartman should keep his trap shut.
every time i see his picture early in the morning, i know it will be a good day
Total clown! Why would you even post this man Tyler?
We've entered the space where people will stop listening to EVERYONE because they are all clueless. Loss inconfidence in all these morons.
at the right place, at the right time! thanks, moron!
The whole "of" thing is just strange.
I sure hope they're not paying this guy more than minimum wage.
"Cassian Skarssen: When there's no way out, you find a deeper way in. "
I suggest Zerohedge put Gartman on the Ignore list.
This guy is such a perfect contra-indicator, I'm beginning to think a Gartman leak could be more valuable than a Fed leak.
Where's South Park when you need them. They should change Cartman to Gartman, cuz Denny gets killed every day.
i say look at the technical indicators you fucking trolls
First Rule of Trading-There are no rules to trading
Second Rule of Trading-Dont be apart of the masses
Third Rule of Trading-Manage your Fucking risk
Fourth Rule of Trading-The Market Owes you Nothing
Fifth Rule of Trading-Do it all your damn self
Sixth Rule of Trading-Lie to everyone but yourself
Seventh Rule of Trading-Never give up
Eight Rule of Trading-Fuck your feeling
Nineth Rule of Trading-Fuck FIFO
Tenth Rule of Trading-The Zen Master Must Stay Humble
Don't know why you got voted down there WiseB because those are some pretty good rules to live by in the trading world.
I like rules 1, 5, 7, 8 and 10.
You really do not understand why? Sad.
11th rule of trading is to go back to bed and fuhgettaboutit.
Inverse Gartman ETF, Please!
fartman is pleasantly long his own farts
Who and why people listen to this SHITHEAD?
This is the ENTERTAINMENT section of ZH; so let us all "lighten" up and enjoy the comedy relief that is GARTMAN.
Tyler we need some serious Banzai artwork to go with gospel according to "Gartman"....
I use to think Jim Cramer deserved the dubious distinction of bukaki queen to the mavens that "service" the financial elite... But I don't think even Cramer can swallow the load like Gartman can!
l love this man. Beyond words.
The emphasis with which he pronounces a rally leads me to believe today is going to be a serious shitshow.
How can one human being be so wrong, so many times, for so long?
More surprisingly, how on earth can ANYONE pay, to get advice from this ass clown?
I'm scratching my head here!
At least he's consistent LMAO
Why do I think this man looks as deranged as Krugman? I mean really look at their photos: the daft and twisted smile, the unglued look to the eye...brother bats in the belfry. Seriously twisted.