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Five Reasons Gold is Down 7 Percent Monday
Monday, April 15, 2013 - 7:19am | 555Read More...Gold is down again on Monday and by down, we mean plummeting. As of 6:00 am EST Monday, gold is down more than $100, trading below $1,400. That’s a seven percent drop. Silver is having a bad Monday too, but what’s interesting is that a six percent drop in the most talked about of all metals is...
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3 Reasons Cyprus Isn't About Cyprus
Monday, March 18, 2013 - 10:05am | 542Read More...Nobody saw this coming. How many investors could find Cyprus on a map? Did anybody know it’s an island? Hawaii is four times the size of Cyprus and its population is slightly smaller than South Dakota—the 47th largest state. California has about 48 times the population of Cyprus. If the country...
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These Stocks Posted 52-Week Highs and Still Have Room to Run
Thursday, January 24, 2013 - 9:09am | 418Read More...If you trade like famed investor Dennis Gartman, you buy high and sell higher. If the chart starts at the lower left and trends to the upper right that means money for long investors. On Wednesday, some notable companies logged 52 week highs with charts that did just that. Berkshire Hathaway's B...
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Does Lackluster Data Mean QE3? Not Yet...
Friday, June 1, 2012 - 10:54am | 407Read More...After the dismal Non-Farm Payrolls Report and the lackluster ISM release, it is hard to see where the growth is coming from. In this light, what are the chances of QE3? How low can rates go? These are all valid questions in this environment, so let us discuss. The chances for QE3 are higher now...
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Fast Money Picks For March 29th (SBS, FLAT, JPM)
Wednesday, March 28, 2012 - 7:16pm | 163Read More...On CNBC's Fast Money, Tim Seymour said that he would take profits in Companhia de Saneamento Basico (ADR) (NYSE: SBS) on Thursday. Companhia de Saneamento Basico (ADR) (SBS) gained 1.69% today, and it closed at $76.58. Ron Insana is a buyer of iPath US Treasury Flattener ETN (NYSEARCA: FLAT),...
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Fast Money Picks For February 29th (XLY, TGT, PAAS)
Tuesday, February 28, 2012 - 7:45pm | 178Read More...On CNBC's Fast Money, Keith McCullough said that he would take a short position in Consumer Discretionary SPDR (ETF) (NYSEARCA: XLY) on Wednesday. Consumer Discretionary SPDR (ETF) (XLY) gained 0.56% on Tuesday, and it closed at $43.35. Karen Finerman thinks that Target Corporation (NYSE: TGT) is...
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Fast Money Picks For January 18th (LLTC, TC, WLK)
Tuesday, January 17, 2012 - 9:53pm | 161Read More...On CNBC's Fast Money, Joe Terranova said that he would buy Linear Technology Corporation (NASDAQ: LLTC) on Wednesday. Linear Technology Corporation (LLTC) spiked 8.27% in the after hours after it reported quarterly earnings. Karen Finerman likes Thompson Creek Metals Company, Inc. (NYSE: TC), and...
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Fast Money Picks For January 6th (MBT, MA, DECK)
Thursday, January 5, 2012 - 8:04pm | 159Read More...CNBC Fast Money's Tim Seymour said on the show that he would stay with Mobile TeleSystems OJSC (ADR) (NYSE: MBT). He sees this stock at $17.10. Mobile TeleSystems OJSC (ADR) (MBT) spiked 6.16% today, and it closed at $15.86. Dennis Gartman would buy British pound, and he would sell the Swiss franc...
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Fast Money Pops & Drops, September 27th (WAG, JOYG, BEAV, BP, CAT, ATI)
Tuesday, September 27, 2011 - 7:20pm | 313Read More...CNBC Fast Money's Tim Seymour said on the show that Walgreen Company (NYSE: WAG) lost a major customer, and the stock fell 6.27%. This was a major loss, added Tim Seymour. Guy Adami thinks that Joy Global Inc. (NASDAQ: JOYG) is oversold, and it is going higher. Joy Global Inc. (JOYG) gained 5.23%...
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Fast Money Picks For September 28th (HPQ, MBT, HL)
Tuesday, September 27, 2011 - 7:01pm | 149Read More...On CNBC's Fast Money, Stephen Weiss said that he would buy Hewlett-Packard Company (NYSE: HPQ) tomorrow. Hewlett-Packard Company (HPQ) gained 3.87% today, and it closed at $23.59. Tim Seymour thinks that Mobile TeleSystems OJSC (ADR) (NYSE: MBT) is a buy. Mobile TeleSystems OJSC (ADR) (MBT) gained...
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Dennis Gartman: Insights on Gold, Euro Schisms, and a Rebound for the USD/Euro Index as Summer Draws to a Close
Thursday, August 4, 2011 - 10:26am | 322Read More...“The problem with gold,” says Dennis Gartman, author of the Gartman Letter, “is that it's been a wonderful trade.” In a May 2011 interview, Gartman recommended gold in Euro terms as the hottest trade for the summer ahead. But when a currency risk hedge climbs charts as rapidly as gold has since...
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Dennis Gartman Condemns "Papering Over The Cracks" In Greece
Thursday, July 28, 2011 - 1:21pm | 102Read More...Dennis Gartman, Fast Money contributor and acclaimed writer of The Gartman Letter, said on CNBC today that there are philosophical and religious problems that are going to continue to cause problems between Germany and Greece when looking for a solution to the latter's debt crisis. “You can't just...
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Fast Money Picks For June 29th (LULU, XHB, BAC, LLY)
Tuesday, June 28, 2011 - 7:40pm | 201Read More...On CNBC's Fast Money, Joe Terranova said that Lululemon Athletica inc. (NASDAQ: LULU) keeps working. He added that you should place a stop loss at $108.99, and sell a half of your position below that price. Lululemon Athletica inc. (LULU) gained 4.16% today, and it closed at $113.10. Steve Grasso...
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How Germany Could Inadvertently Destroy the Euro and Doom Its Economy
Thursday, June 16, 2011 - 10:46am | 846Read More...Reports say the German government is pushing to delay the second round of Greek bailouts until the end of the summer, but with riots increasing in intensity, it seems unlikely that the Greeks can wait that long. A delay might lead to Greece defaulting or exiting from the Eurozone. German...
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Dennis Gartman Thinks Stocks Are Headed Lower
Wednesday, June 15, 2011 - 12:58pm | 61Read More...Dennis Gartman was just on CNBC's Fast Money Halftime Report, and he said that he thinks stocks are going lower, as commodities, such as copper have topped out. Benzinga recommends you look at the Copper ETF (NYSE: JJC). Gartman writes the famous newsletter "The Gartman Letter" and is a frequent...
