Mr. Gartman has been directly involved in the capital markets since August of 1974, after his graduate work at the North Carolina State University.
He was an economist for Cotton, Inc. in the early 1970's, analyzing cotton supply/demand in the U.S. textile industry. From there he went to NCNB National Bank in Charlotte, North Carolina where he traded foreign exchange and money market instruments. In the late 70's, Mr. Gartman became the Chief Financial Futures analyst for A.G. Becker & Company in Chicago, Illinois. Mr. Gartman was an independent member of the Chicago Board of Trade until 1984, trading in Treasury bond, Treasury note and GNMA futures contracts. In 1984, Mr. Gartman moved to Virginia to run the futures brokerage operation for the Sovran Bank, and in 1987 Mr. Gartman began producing The Gartman Letter on a full time basis. He continues to do so today.
Clients of The Gartman Letter, L.C. include many of the leading banks, broking firms, mutual funds, hedge funds, energy trading companies, and grain trading companies. Mr. Gartman has lectured on capital market creation to central banks and finance ministries around the world, and has taught classes for the Federal Reserve Bank's School for Bank Examiners on derivatives. Mr. Gartman served a two-year term as an outside Director of the Kansas City Board of Trade from 2006-2008. He has been a member of the Suffolk Industrial Development Authority, and now serves on the Investment Committee of both the University of Akron and the North Carolina State University. Mr. Gartman appears often in financial media discussing commodities and the capital markets, and speaks before various associations and trade groups around the world.
The traders kicked off a big week of CNBC's "Fast Money" by addressing increasingly mainstream concerns of a bubble in the equity markets.
"If crude oil makes its way lower, I think it spells the demise of the solar energy phenomenon," the commodities trader says.