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CNBC Asked Adam About The Stock Market
U.S. stocks closed well off session lows on Friday, helped by a sharp rise in health care shares. The S&P 500 ended 0.5 percent higher at 2,691.25 after falling more than 1 percent. Health care sector was the best-performing sector, gaining 1 percent. Shares of Universal Health Services and Perrigo were among the best-performers in the index….
US Stocks Rally Into New Year, Boosted By Data; DJIA Up 125
“Today’s just a continuation of what we’ve been seeing for the past four months,” said Adam Sarhan, chief executive of Sarhan Capital. He pointed to four primary drivers for the gains: the improving economic recovery, easing worries over euro-zone debt, the Federal Reserve’s stimulus program, and optimism for U.S. companies’ fourth-quarter earnings reports.
“If we do have a strong Q4 earnings season, it’s going to bode well for equity markets in the near future,” Sarhan said. He noted Deutsche Bank’s upgrade of Alcoa comes a week before the company is set to kick off the earnings season.Sarhan in CNBC: Stocks Hold Higher After Fed Minutes
July 6, 2016 9:55am U.S. stocks rose Wednesday, helped by a reversal in oil prices and gains in health care stocks. The Federal Reserve meeting minutes released in the afternoon showed policymakers said it was prudent to wait for more data and the Brexit vote result before raising rates. The non-farm payrolls report due…
IBTimes: Paris Terror Attacks 2015: Global Financial Markets Expect Short-Term Shock, Little Long-Term Fallout
November 16 2015 4:28 AM EST Conventional wisdom holds that Monday is likely to see a rout in stock markets worldwide, as investors recoil in panic from the terrorist attacks in Paris. But what meager data is available on the behavior of traders following such tragedies suggests a morbid possibility: panicked selling may yet present…
Forbes: Oil Rally: Is This The Real Deal, Or Is A New Bottom On The Way?
Read The Full Story Here: http://www.forbes.com/sites/adamsarhan/2016/03/22/to-bottom-or-not-to-bottom-a-closer-look-at-crude-oil/#7cf0babe1737
Sarhan in CNBC: US stocks slide, pulling back from record highs; Fed minutes eyed
Tuesday, August 16, 2016 3:25pm Stocks slipped Tuesday, led lower by telecommunications, as investors awaited the release of the minutes from the Federal Reserve’s July meeting. “I think we had a little bit of profit taking. We had that trifecta concurrent record high yesterday. Part of it might be driven by the fact that we…
