2017 For The Bears

As some of you may recall, when our man Gartman was asked this question, he had this response:

surprising

I would offer up a different answer myself – maybe “blows” or “sucks out loud”. Something along those lines. Because, as you’ve seen, this hasn’t been just a bullish year; it’s been a never-before-seen, unprecedented, all-records-broken kind of year, with things like 12 up months in a row (never happened before).

I won’t bother digging up all the other ‘never happened before’ items, but they’re there. This is nicely illustrated with the bearish fund symbol HDGE:

slopechart_HDGE

And amplified by a view of volatility, which is basically grinding around near 9…

(Click on image to enlarge)

slopechart_$VIX

How about 2018 and me? Oh, that’s easy. I’m way less interested in stuff I cannot control (like this idiotic, fake, propped-up, phony, manipulated “market” of ours) and way more interested in stuff I can control.

Disclaimer: This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.