Fast Money's Dennis Gartman Stock Picks
1099 views
Rate Now: 1 2 3 4

average rating: 0.00 / 0 ratings
Created by barrons3
DESCRIPTION:

Date updated:10-15-2008

Strategic investor Dennis Gartman, author of the Gartman Letter, joined the traders to discuss whether the bottom is close in the markets. Gartman said the life of a stock trader right now is "unbelievable." "Everything I do is absolutely hedged. I am still buying bank stocks, but I am hedging it by being short the stock market," he said.

symbol name last price % change open
  • +
  • CME
    Cme Group Inc.
  • $322.23
  • -0.45%
  • $323.69

Gartman says he's buying CME Group (CME) and the Intercontinental Exchange(ICE), but he's also hedging those buys by being short the stock market.

People owning CME also tend to own: ALLBBOFLCZFCFKFSGFSIITGNDAQ

TheStreet.com Rating: C+ What is this?

  • +
  • ICE
    Intercntntlexchan
  • $107.47
  • -1.04%
  • $108.63

Gartman says he's buying CME Group (CME) and the Intercontinental Exchange(ICE), but he's also hedging those buys by being short the stock market.

People owning ICE also tend to own: ADPADSKAGNAIGBABHICELG

TheStreet.com Rating: B- What is this?

  • +
  • KBE
    Spdr Kbw Bank Etf
  • $21.99
  • -0.63%
  • $22.11

“I’m still buying bank stocks [KBE] but I’m hedging it by being short the stock market [SDS]. "

People owning KBE also tend to own: IGWKIEVAWVCRVDEVGTVHT

TheStreet.com Rating: No Rating What is this?

  • +
  • SDS
    Pt Ultrshrt Sp500
  • $35.959
  • +0.03%
  • $35.92

“I’m still buying bank stocks [KBE] but I’m hedging it by being short the stock market [SDS]. "

People owning SDS also tend to own: ABXBHPBVNCAMCEOCRESYDXD

TheStreet.com Rating: No Rating What is this?

  • +
  • FCX
    Freeport Mcmoran
  • $85.59
  • +0.30%
  • $85.48

And in commodities Freeport McMoran [FCX] is on Gartman’s radar as a buy. (Don't buy yet, he says wait for copper prices to begin to rise.)

People owning FCX also tend to own: ACIAINVANRAPCBBDBTUCHK

TheStreet.com Rating: D What is this?

Portfolio not tracked!

Comments not available

ADD YOUR COMMENTS:

latest articles | popular forums
Black Friday Short-Squeeze Oppor...

By Jonas Elmerraji Posted on Nov. 25, 2009 With Thanksgiving fast approaching, retailers have one thing on their collective minds: Black Friday. After all, the day, whi...

11.25.09 | 13:33 PM
Dividend Stocks for the Week

By Jonas Elmerraji Posted on Nov. 24, 2009 Don’t dismiss dividends right now. While stocks may have made significant strides in the rally that’s taken hold of the m...

11.24.09 | 11:36 AM
This Week's 'Barron's' Roundup

By Roberto Pedone Posted on Nov. 24, 2009 10 Terrific Dividend Stocks: This Barron’s article highlights 10 high-quality dividend-paying stocks for investors who’re ...

11.24.09 | 08:05 AM
Rocket Stocks for the Week

By Jonas Elmerraji Posted on Nov. 23, 2009 As well as broad-based indexes have performed in the last few months, Stockpickr's weekly Rocket Stocks list has managed to d...

11.23.09 | 10:34 AM
more articles
General market Technical Analysi...
11.14.07 | 22:55 PM From author ZA
The YouTube Exchange
07.22.09 | 17:45 PM From author Rawbrrt
huge rally in the making?
11.23.09 | 08:09 AM From author tradintrash
new margin requirements for leve...
11.25.09 | 21:01 PM From author graspthemarket
more forums
recent answers | popular answers
bubble(0)
today 's lists
Analyst Upgrades

Analyst Upgrades or Estimate Increases for Nov. 25, 2009. Read more here. more

52-Week Lows

Here is a list of some of the biggest stocks that hit 52-week lows on Nov. 25, 2009. more

Stocks With Unusual Option Activity

Unusually active options can often indicate that a major event in a stock is about to take place, or that unsophisticated investors (using options in lieu of leverage) are ... more

show all today's lists