SubscribeTDI Podcast 109: Dennis Gartman is investing in….
May 17, 2009 11:59 pm
Guest: Dennis Gartman provides us some reasons for the potential bull market in commodities. What to look for and what to stay away from. We also spend some time discussing the direction of the markets by looking at the McClellan Oscillator and other technical tools. We also delve into to Gartman’s – 22 Rules for Investing.
—
LISTEN TO PODCAST NOW | LISTEN @ ZUNE - @ iTUNES
—
Dennis Gartman is editor and publisher of The Gartman Letter and has been directly involved in the capital markets since August of 1974. In just over a decade, Mr. Gartman worked as an economist for Cotton, Inc., traded foreign exchange and money instruments for NCNB National Bank, and was chief financial futures analyst for A.G. Becker & Company. He was also an independent member of the Chicago Board of Trade until 1984, trading treasury bonds and notes and GNMA futures contracts. In 1984, Mr. Gartman moved to Virginia to run the futures brokerage operation for Sovran Bank, and in 1987 he began producing The Gartman Letter on a full-time basis.
Clients of The Gartman Letter, LC, include many of the leading banks, broking firms, mutual funds, hedge funds, energy trading companies, and gain trading companies. Mr. Gartman often appears on CNBC, ROB-TV, and Bloomberg Television, discussing commodities and capital markets, and speaks before various associations, trade groups, central banks, and financial ministries around the world.
He has taught classes for the Federal Reserve Bank’s School for Bank Examiners on derivatives, and served a two-year term as an outside director for the Kansas City Board of Trade. Mr. Gartman has been a member of the Suffolk Industrial Development Authority since 1998 and now serves on the Investment Committee of North Carolina State University.
(Trial of The Gartman Letter – Send email to liz@thegartmanletter.com)
—
Sponsor: Try GotoMyPC free for 30 days! For this special offer, visit www.gotomypc.com/podcast
—
Stocks Discussed in this episode: Market Vectors Agriculture (MOO), PowerShares DB Agriculture Fund (DBA), Mosaic (MOS), Potash (POT), Ford (F), Goldman Sachs (GS), Captial One (COF), Prudential (PRU), Lincoln National (LNC), Hartford (HIG) and others.
—
McClellan Oscillator and Summation Index.
Podcast: Play in new window | Download (Duration: 35:00 — 19.2MB)
Sorry, No Related Posts.
15 Responses to “TDI Podcast 109: Dennis Gartman is investing in….”
Got something to say?
Links
Andrew, you said the car buying model is broken. Go try Scion. When I bought mine, I built it online, priced it and went to dealer to shop/order. All dealers offered exact price. No pressure and consistent experience.
—
Thanks!
Andrew
[...] “Dennis Gartman is Investing in…. (page link)” (click this link to listen in iTunes), Andrew and Dennis discuss his current [...]
I haven't listened to the podcast (just put it now on MP3 player), but was just emailing friends this morning about the bullish patterns emerging in various commodity etfs, not to mention the stocks. glad to see you aren't fighting the tape on this one:)
—-
Been there for weeks already
A
Andrew,
Thanks for your TDI 100 stock information you provided in the Excel spreadsheet. I bought EXM Excel Maritime and its up 80% from when I purchased it.
Also in the portfolios you manage, are the funds held by a third party?
Thanks again for your great advice.
Andrew, I really enjoy your podcasts but I still find it interesting that you don't believe gold is going higher. There are much more qualified traders to discuss commodities and precious metals than Dennis Gartman, such as Frank Holmes and Tom O' Brien.
Did you notice the big moves in the $USD and long bonds recently? Historically big currency moves have preceded major market events. Some news event seems likely that will push the markets down. Ignore gold if you want, but I believe it's going to be much higher even if it pulls back first.
You seem to have been kind of irritated by this recent rally which I don't really understand why. Wasn't a 55% drop in the markets enough? I know Mish was calling for a 500 S&P level.
After the rally began in March, I was buying and I gave you price targets of 750 > 800 > 875 > 903 > 943 > 1000 on the S&P. I thought we topped at the 907 mark but we got up to 930. I also recommended looking at the bottoms in 2000 and 2003 to give clues of things to look for in this rally. That helped me.
I believe we have topped for now. I'm back to 100% cash in my 401(K), and long a few short ETFs. Now I'll just watch the price & volume and Fib levels as we retrace to see if we hold or try to test the March 2009 lows. May the rest of this year be a safe and profitable one for you.
We like gold ( actually have been invested for a few weeks now and nicely up on the position) BUT, it may take some time to breakout, even as inflation seems to be inevitable.
I just think that it needs to be a part of a portfolio and that some “bugs” are thinking that his may be the big-one! Perhaps it is, but I believe that the real gold fighting inflation time is still a bit off into the future as it appears that even the WORST of news cannot break these markets. ( Just look at a news feed for global economies for 5/25/09)
One more thing… Only irritated as the obvious machinery behind the rally. There are some strange happenings during the last months or so…. Otherwise, always enjoy and respect your info. Good stuff!
Andrew – Thanks for the replies. I obviously misunderstood your take on gold so sorry about that and congrats on your winning position. Thanks for all you do.
–
No worries
Thanks
Andrew
Interesting. But what sign on novelties of the news?
–
Huh?
A
Honestly, where does thedisciplinedinvestor find such idiotic "Gurus" and give them such a relevance by asking such complicated questions. Can you not afford to talk to a real economist, say a Nobel laureate for example. Please spare us such ignorance in the future.
Gartman provided very useful and interesting rules of investment.