12/06/17

Gartman: "The Nasdaq One Day Will Collapse... But Buying Today On Weakness Should Be Wise" [feedly]



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Gartman: "The Nasdaq One Day Will Collapse... But Buying Today On Weakness Should Be Wise"
// Zero Hedge

As "expert" opinions on Friday's tech meltdown pile on, here is perhaps the most actionable: that of "world renowned commodities guru" Dennis Gartman.

THE NASDAQ'S ONE DAY COLLAPSE: Will The Trend Line Hold?:

 

Friday's low was right along this trend line… which if we had space, could be extended well back into '16. If this is still a bull market… and until proven otherwise it is… then buying the NASDAQ on weakness today should be wise and we shall.

 

 

 

Turning to the so-called FANG stocks… Facebook; Apple, Netflix and Google…and including the likes of NVidia and Microsoft… all collapsed on Friday if by ...

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