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Adam Sarhan WSJ Quote: S&P 500 Breaks Out, But Watch That 50-Day Moving Average
Thursday, June 27, 2013, 1:36 PM ET ByTomi Kilgore It takes more than a three-day rally for technicians to say stocks are headed back up. The S&P 500 has run up 2.6% in three sessions, and was headed for the first three-day win streak in over six weeks. But technicians say the pullback from…
Adam Sarhan Reuters Quote: Gold rallies late as risk rout revives haven bid
By Frank Tang NEW YORK | Wed May 30, 2012 4:59pm EDT (Reuters) – Gold staged a dramatic mid-session turn-around in heavy trade on Wednesday, rebounding more than $30 an ounce as a deepening sell-off in riskier assets rekindled safe-haven demand and technical bids kicked in at a key support level. The abrupt reversal at mid-morning prevented gold…
Adam Sarhan WSJ Quote: Stock Futures Lower Ahead of Jobless Data
Futures Ease on Thursday After a Sharp Prior-Day Run-Up By TOMI KILGORE April 10, 2014 8:19 a.m. ET U.S. stock futures eased ahead of jobless-claims data, pausing after a sharp run-up in the previous session, as investors digested weak data out of China. About 90 minutes ahead of the open, Dow Jones Industrial Average futures…
Adam Sarhan Reuters Quote: Gold rises as ECB comment boosts easing hopes
Thu Jul 26, 2012 12:31pm EDT By Frank Tang * ECB’s Draghi comment to rescue euro zone underpins * Gold briefly above 100 DMA, seen near inflection point * SPDR Gold Trust posts outflow (New details throughout, updates comment, changes byline, dateline, previously LONDON) By Frank Tang NEW YORK, July 26 (Reuters) – Gold rose…
Reuters Quote: Dow, S&P 500 Lower on Mixed Earnings; Nasdaq Rises
* Amazon jumps after posting unexpected profit * Visa rises after results beat expectations * Biogen slumps after slashing forecast * Futures: Dow down 31 pts, S&P down 2 pts, Nasdaq up 3 pts (Adds details, comment, updates prices) By Tanya Agrawal July 24 (Reuters) – Wall Street was set to open slightly lower on…
Media Quote: COMMODITIES-Oil pierces $90; grains rally on thin volume
Thursday December 23, 2010 08:44:19 AM GMT MARKETS-COMMODITIES Oil at 2-year high after sharp drop in US stockpiles * Grains at multi-month peak; copper off from record * Trading volumes stay thin as holidays get nearer * Coming up: US jobless claims data on Thursday By Barani Krishnan NEW YORK, Dec 22 (Reuters) – Oil…