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Northeast Forecast To Get Big Winter Blast

Three days ago, we asked: Is A Major Winter Blast Coming To The East Coast This Christmas? Despite all the chatter from global warming alarmists this year, there is a chance, some in the Northeast could experience a white Christmas. Ed Vallee, a private weather forecaster based in Connecticut, reports merging storms will spread snow, rain, and […]


Exodus Starts: Millennials Ditch City Life

The urban revival of America’s core inner cities has been a decades-long failed experiment, as deindustrialization coupled with failed liberal policies have created a growing problem of inequality and violent crime. Middle-class advancement was once localized in the core of America’s cities, but that is not so much the case today, as those areas are labeled a […]


Whitney Tilson: “I’m Calling The Top Of The Cryptocurrency Madness”, Admits Bitcoin Could Hit $1 Million

There is just one thing that cryptocurrency bulls love hearing more than Dennis Gartman bashing bitcoin, and that is Whitney Tilson bashing bitcoin. The reason is the same: just like Gartman, Tilson has rarely if ever been right about anything -in fact, it is almost safe to say that he has been largely wrong about […]


The “Bombshell” Reason Tech Stocks Just Suffered The Biggest Rout Since Brexit, In Two Charts

“Last week, after making new highs, the NASDAQ “reversed” to the downside. It bounced from there, but yesterday’s action was horrific, for having opened sharply, violently, surprisingly higher, by the day’s end the NASDAQ was sharply, violently, surprisingly weaker and it was so even as the Dow finished higher on the day, albeit materially below […]


Gartman: “We Are Going To See Tax Legislation Pass Either Tonight Or Tomorrow”

In a dramatic showdown on the Senate floor on Thursday afternoon, the Senate tax bill came this close to being killed by deficit hawks, and in the resulting chaotic aftermath, votes and debates which were scheduled for Thursday evening have now been pushed back to Friday morning. Who could have possibly foreseen it? Well, anyone […]


Gartman Covers His Short

Five days ago, on November 16, upon reading the latest Gartman letter, we issued our usual warning: “For the bears out there the wisest thing to do may be to just step away for a bit, and certainly until Gartman’s already underwater position, is stopped out.” The reason: in the same letter, “world-renowned commodity guru” […]


Mauldin: It’s A Bonfire Of The Absurdities

Authored by John Mauldin via MauldinEconomics.com, “Vanity of vanities, saith the Preacher, vanity of vanities; all is vanity.”– Ecclesiastes 1:2, King James Version (attributed to King Solomon in his old age) This week’s letter will take a look at the growing number of ridiculous, inane, and otherwise nonsensical absurdities that fill the daily economic headlines. […]


Gartman: “We Are Now Short Of One Unit Of The US Equity Market”

So much can change in ten days. Having entered last week short, “world-renowned commodity guru”, Dennis Gartman, got spooked last Tuesday when faced with the relentless melt-up in global stocks, and admitted that he had “been wrong… badly… in taking even a modestly bearish view of the global equity market and effecting that bearish view […]


Mysterious Bitcoin Dip-Buyer Identified

Amid the cataclymsic collapse of Bitcoin late on Friday night, the crypto currency suddenly saw a large buyer step in as prices plummeted below $6000. We now have an idea who that buyer of last resort was… As a result of a giant publicity effort from its proponents, BCH saw mass investment as it heads […]


She’s Back! La Niña Is Here For The Second Consecutive Year

For the second consecutive time in two years, La Niña (translated from Spanish as “little girl”) is back and she means business. New data from Climate.gov indicates La Niña conditions have formed just in time for winter weather in the Northern Hemisphere. On Thursday, the Climate Prediction Center confirmed La Niña after analyzing October ocean temperatures cooling along the […]


Bitcoin Cash Spikes To Record High As Bitcoin Collapses Over $1000

Following the surge in Bitcoin's USD price after the suspension of the SegWit2x hard fork, the cryptocurrency has collapsed as traders exit 'fork dividend' trades. Dennis Gartman had a few words of praise for the bulls right before the collapse… Well “bully” for Those Who’d Gotten It Right: Our “position” on Bitcoin and the other […]


“We Have Been Wrong… Badly”: Gartman Covers Short, Expects “Violent, Panic Rush Skyward” In Stocks

Back in January 2016, Dennis Gartman said that oil would “not hit $44 during my lifetime.”   Then, just a few months after oil jumped above $44, yet failed to kill the “world renowned” commodity guru, Gartman made another bold prediction: “oil is not going above $55 for years.” Predictably, just over a year later, […]


Bitcoin Rebounds Sharply After Gartman Predicts Drop

Having tumbled from record highs near $7600 to $6900 in the last two days, Bitcoin is rebounding this morning, back to $7250 following condemnation from Dennis Gartman and blessing from 'father of financial futures' Leo Melamed. Gartman issued the following statement overnight… BITCOIN: A Bubble Bursting… Maybe?: Our antipathy toward Bitcoin specifically and toward the […]


Spain Rebounds, Pound Tumbles In Quiet Session Ahead Of ECB Minutes, Fed Speakers

Global markets came off record highs, trading subdued, with US index futures unchanged as traders are unwilling to make major moves ahead of today’s ECB minutes and tomorrow’s NFP release, and before speeches by central bankers including SF Fed President John Williams and the potential next Fed chair Jerome Powell, as well as ECB executive […]


Dennis Gartman: “This We Find Anomalous”

With stocks at all time highs, Dennis Gartman, who took the time to make a quick mockery of cryptocurrencies in his latest letter, is starting to get nervous on risk assets, pointing out what he calls an “anomaly.” Below are the selected excerpts from his latest note: THE S&P FUTURES: They Rise While Volume Falls!: […]