Dennis Gartman: The Recession Is Over

ByGreg Feirman August 7, 2009 Reading Time: 1 minute

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

Story Stock Of The Day: RIMM Down Big On Big Volume
September 25, 2009 Reading Time: 2 minutes

Blackberry maker Research In Motion (RIMM) is getting crushed today on big volume after reporting fiscal 2nd quarter earnings after the close last night. Revenue was a little light as was their revenue forecast for the 3rd quarter. Average selling…

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Darden Restaurants, Owner of The Olive Tree, Lowers Full Year Forecast
August 26, 2008 Reading Time: 1 minute

This morning Darden Restaurants (DRI), owner of The Olive Tree and Red Lobster, lowered their full year forecast (Press Release). They lowered same store sales expectations for fiscal year 2009 from 2% growth to 0%-1% growth, revenue growth from 14%-15%…

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Tremendous Value In Cisco
February 5, 2009 Reading Time: 2 minutes

If you’d told me in 2000 that one day we’d own Cisco, I’d have said you were crazy. – Russell Croft , Co-Manager, Croft Value Fund, quoted in "Value Funds Awash In Deluge of Choices: Market Rout has Cut P/Es; Cisco?…

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Logic Is With The Bears, Animal Spirits With The Bulls; NFLX Earnings
January 22, 2024 Reading Time: 4 minutes

The S&P 500 broke out to new all time highs above 4800 Friday and the bulls were celebratory. Michael Antonelli – Market Strategist at Baird – reminded us that pessimists sound smart while optimists make money. Another financial advisor quipped…

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The 2000s: Looking Like Another “Lost Decade” For Stocks
March 26, 2008 Reading Time: 4 minutes

Conventional stock-market wisdom holds that if investors buy a broad range of stocks and hold them, they will do better than they would in other investments. But that rule hasn’t held up for stocks bought in the late 1990s or…

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The Fed’s Tough Decision, ORCL & KR Earnings Preview, The Antitrust Case On The KR-ACI Merger
September 9, 2024 Reading Time: 6 minutes

Technicals: The S&P closed last week at 5,408 – just above 5,400 which is an important level because the S&P has spent so little time below it in the last three months. In other words, below that level almost everyone…

Read More The Fed’s Tough Decision, ORCL & KR Earnings Preview, The Antitrust Case On The KR-ACI Merger

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