Dennis Gartman: “The Commodity Bubble Has Burst”

The top in the Wheat market was marked by a speculative bet by a rogue trader who had the right idea; his timing was off ever so slightly.

The Intrepid Potash (IPI-NYSE) deal was interesting as well, and might have marked the high water mark in recent speculative activity. While the commodity bulls would scoff, you might want to consider piggybacking Dennis Gartman.

He is out, short Deere (DE-NYSE) and buying technology stocks, where he believes the money has been, and will continue to flow.

Fast Money, April 29th

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The content contained in this blog represents the opinions of 1440 Wall Street. This commentary in no way constitutes a solicitation of business or investment advice. It is intended solely for the entertainment of the reader, and the author.
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