Today's Rally Explained: Gartman Is Again "Selling The Markets Short" Just Two Days After Turning Bullish
This past Friday morning, when the tremendous bear market rally finally fizzled after an initial spike higher following by gradual daylong selling which closed the market in the red, following by another red close on Monday, we warned the bulls early that the "Rally is in Jeopardy" for one simple reason: Gartman had covered his shorts.
As a reminder, this is what he the perennial CNBC guest said early on Friday morning: