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Adam Sarhan Reuters Quote: Hedge funds cut commods net longs by $9bln in week
Fri Apr 13, 2012 11:06pm BST * Sharpest drop in managed money net longs since Dec * Copper price down 5 pct, open interest over the week By Barani Krishnan FREE GUIDES AND REPORTS FROM DIANOMI ADVERTISEMENT Risk Management Guide Understanding the Basics of Risk Management Request FREE Guide April 13 (Reuters) – Hedge funds…
Sarhan In Reuters: Energy shares drag Wall St. down, Yellen speech awaited
Markets | Tue Mar 29, 2016 9:55am EDT Wall Street was lower on Tuesday as oil prices skidded, and investors awaited Federal Reserve Chair Janet Yellen’s speech for clues on when the central bank may raise interest rates. Crude oil fell about 3 percent amid concerns that a two-month rally may be in danger of…
Adam Sarhan Reuters Quote: COMMODITIES-Nine-week rally shows signs of fatigue, gold flat
Fri Aug 24, 2012 5:28pm EDT * CRB index, down on day, logs eighth weekly rise in 9 wks * Some say rally petering out as grains, oil short of highs * Gold back in favor with best weekly gains since Jan By Jonathan Leff NEW YORK,…
Sarhan in @CNBC: Dow snaps 7-day losing streak; oil jumps 3%
Wed 8.3.16 4pm EST U.S. stocks closed slightly higher on Wednesday, amid a sharp rebound in oil prices, while the Dow snapped a seven-day slide. “Investors are in a wait-and-see mode ahead of the jobs report,” said Adam Sarhan, CEO at Sarhan Capital, noting that a strong report could provoke a sell-off, as it raises…
Sarhan In Reuters: Wall Street set to open higher as oil jumps
Markets | Thu May 5, 2016 9:28am EDT U.S. stocks looked set to open higher on Thursday, after three straight days of losses, as oil prices rose for the first time this week, and investors awaited the monthly jobs data on Friday. Oil prices jumped more than 3 percent as a huge wildfire near Canada’s…
Adam Sarhan Reuters Quote: METALS-Copper gains on improving global economy, year-end covering
Join Our Free Newsletter Thu, Dec 26 15:22 PM EST * NY trading stabilizes after Tuesday’s ‘fat finger’ * March Shanghai copper extends gains, hits 4-mth high * Prospect of purchases by state reserves boosts prices SINGAPORE/NEW YORK, Dec 26 (Reuters) – Shanghai copper futures rose to four-month highs and U.S. prices extended recent…