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Sarhan in CNBC: Bulls vs bears – Two arguments for stocks in the second half
Stocks have been flat for 18 months, but some market participants see potential upside in the second half despite many reasons to doubt the staying power of this weeks’ gains. After Thursday’s close, the Dow Jones industrial average and the S&P 500 were virtually unchanged for the year, having gained just 2.69 percent and 2.90…
CNBC: Could Russell Correction Signal More Losses Ahead?
Fri, 08.21.15 – As U.S. investors assess the market’s ongoing selloff, they may find the proverbial canary in the coal mine to be small-cap stocks, particularly those within the Russell 2000. The Russell, a key small caps index, entered correction territory Friday, trading about 10 percent below its 52-week high of 1,296, reached June 23,…
Adam Sarhan Latest Reuters Quote- Gold's Double Top
“If we are not able to get above the all-time high, by definition the double top remains in place. In the short term, it’s definitely going to be technical pressure,” said Adam Sarhan, CEO of New York-based Sarhan Capital.
International Business Times: Why Are Stocks Dropping? Here's What US Equity Market Gyrations Are Telling Us
September 06 2015 8:20 AM EDT Global fears about China’s economic slowdown have rocked equity markets around the world the past few weeks, and while many stocks, and even entire sectors, have remained in a slump since the country’s so-called Black Monday, some securities have snapped back impressively. However, the list of winners in recent…
CNBC: Stocks close narrowly mixed despite oil slide; FB, Alphabet rise
Mon, Feb 01, 2016 U.S. stocks closed narrowly mixed Monday, stabilizing on the first trading day of February, despite declines in oil prices and soft China manufacturing data. The Nasdaq composite closed higher as Facebook extended recent gains and shares of Alphabet rose ahead of its earnings report, due after the close. Hopes of more…
Adam Sarhan WSJ Quote: US Stock Futures Fall
IF YOU LIKE THIS POST- JOIN OUR FREE NEWSLETTER & GET POWERFUL IDEAS DIRECTLY TO YOUR INBOX By TOMI KILGORE And TOMMY STUBBINGTON Feb. 13, 2014 8:19 a.m. ET NEW YORK—U.S. stock futures fell, as disappointing results from Cisco Systems and losses in overseas markets prompted a pullback. European markets declined, and were headed for the first…