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Adam Sarhan Wall Street Journal Quote: Raw Sugar Drops to 28-Month Low
By LESLIE JOSEPHS December 12, 2012, 3:33 p.m. ET NEW YORK—A surprise increase in sugar output from top producer Brazil sent futures prices for the sweetener down to a 28-month low. Raw sugar for March delivery on ICE Futures U.S. dropped 1.8% to settle at 18.54 cents a pound, the lowest settlement since Aug. 11, 2010….
Sarhan In CNBC: U.S. Stocks Open Lower, Tracking Global Markets
CNBC: Tuesday, 8.2.16 1:34pm EST U.S. equities traded lower Tuesday, following global stock markets lower, particularly in Japan and Europe. The Dow Jones industrial average held more than 150 points lower in afternoon trade, putting it on track for its first seven-day losing streak since August of last year. Apple and Goldman Sachs contributed the…
Reuters Quote: Palladium's "golden cross" signals near-term gains
TECHNICAL-Palladium’s “golden cross” signals near-term gains 3:17pm EST * Palladium up 3 pct in 2013, lone gainer in precious metals * “Cross” seen bullish on prices in next 3-6 months -analyst * Open interest in U.S. futures near 1-1/2 year high * Has met strong resistance at $780 six times in 2013 By Frank Tang NEW…
Adam Sarhan Reuters Quote: 'Golden cross' indicates gold momentum turning more bullish
Thu Sep 20, 2012 3:49pm EDT * Key chart rise signals improving long-term outlook * Bullion soared 11 percent after last golden cross in 2009 By Frank Tang NEW YORK, Sept 20 (Reuters) – A “golden cross” formed on spot gold’s price chart gives bullion investors another reason to increase their bullish bets. On Thursday,…
Adam Sarhan WSJ Quote: Brazil Drought Jolts Commodities' Prices
COMMODITIES Brazil Drought Jolts Commodities’ Prices Coffee, Sugar and Soybeans See Sharp Increases By ALEXANDRA WEXLER, JEFFREY T. LEWIS and LESLIE JOSEPHS Updated March 4, 2014 7:27 p.m. ET SÃO PAULO, Brazil—Brazil’s worst drought in decades is decimating crops but breathing new life into battered commodity markets. It hardly has rained in some of the…
Sarhan's Latest Media Quote: Reuters More flexible yuan mildly bullish for commodities
“China’s economy is experiencing explosive growth and Beijing has taken several key measures in recent years to curb that robust growth.
“Allowing the yuan to be more flexible is simply another calculated measure to achieving that goal,” said Adam Sarhan, founder and chief executive of New York’s Sarhan Capital.
