Tag Archives: Gartman

(Bloomberg) — Dennis Gartman is telling prospective dip buyers to sell any rallies in US stocks during a bear market that he dates to the start of the year, and expects to last for many months. Most Read from Bloomberg “The bear market started January 5,” the chairman of the University of Akron Endowment told Bloomberg Radio on Monday, referring to a day after the S&P 500 hit an intraday record. “People have to understand that fact, and adjust their trading perspectives and investment… Source link

(Bloomberg) — Dennis Gartman says U.S. stocks are and will be in a bear market until a one-day “violent, downward movement” signals that prices have reached bottom. Most Read from Bloomberg “We’ll have one day when we’ll be down 5% or 6% and that’ll be the final selling pressure,” the chairman of the University of Akron Endowment told Bloomberg Radio on Monday. “That’ll end the bear market.” Investors should “be less involved. Be less long. Try to be as conservative as… Source link