Market Insider

Gartman sounds the all clear for stocks

Dennis Gartman
Adam Jeffery | CNBC

Dennis Gartman is back to buying stocks and is "pleasantly long" on the market after bailing out in early April.

Read More"I'm back to being pleasantly long," said Gartman Monday, on "Fast Money." "Two-and-a-half weeks ago, I became very scared and went to neutral...No question about that. Last week, I went back to being pleasantly long. I may even get to being aggressively long. The market wants to go higher."

Gartman, publisher of the "Gartman Letter" said on "Fast Money" April 10 that market action on the morning of April 4 scared him out of the market. "I'm not sure what happened, but something happened between 11 and 11:15, that everything turned on a dime," he said at the time.

(Watch this: Gartman: Staying on sidelines for now)