Dennis Gartman: The Recession Is Over
We saw it happen two weeks ago – it’s over.
– Dennis Gartman in a recent interview, quoted in “Recession is over, says economist”, Fortune, August 6
We saw it happen two weeks ago – it’s over.
– Dennis Gartman in a recent interview, quoted in “Recession is over, says economist”, Fortune, August 6
History doesn’t repeat itself but it rhymes – Mark Twain In the late 1960s and early 1970s there was a group of high quality companies including Kodak and Xerox that led the market and which investors piled into regardless of…
Day by day it is becoming clearer to me that the stock market is in the last throes of the great bull market that began on March 9, 2009. That’s because more and more smaller and lesser known stocks are…
Note: To sign up to be alerted when the morning blog is posted to my website, enter your name and email in the box in the right hand corner titled “New Post Announcements”. That will add you to my AWeber…
Any weakness in [Big Tech’s earnings reports] could be the catalyst for the market weight S&P to decisively break below its 200 DMA which I’ve been forecasting for three weeks now – “Market Technicals Heading Into Big Tech Earnings”, Top…
Like most tech stocks Salesforce (CRM) had a nice bounce off its May lows but that rally may be coming to an end. CRM reported 2Q22 earnings after the close Wednesday and the results clearly show revenue growth decelerating. CRM…
In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese…