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MSN.com Gold Quote: Gold falls 2% to 3-week low
On charts, gold should find support at $US1,702, a recent low reached in late August, representing the “neckline” of a bearish double-top pattern after bullion failed to extend gains above $US1,900 an ounce twice in the past four weeks, said Adam Sarhan, CEO of New York-based Sarhan Capital.
“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,” Sarhan said.Adam Sarhan Reuters Quote: COMMODITIES-Mostly down; index reweighting starts
COMMODITIES-Mostly down; index reweighting starts with limited impact Wed Jan 8, 2014 4:48pm EST * Dollar, jobs data and Fed mute impact to rebalancing * Gold, oil and natgas fall; arabica coffee rallies (Updates with market activity and price action from session) By Barani Krishnan NEW YORK, Jan 8 (Reuters) – Gold, oil and…
CNBC Quote: Dow Jumps 100 Points In Open Amid Greece
FindLeadingStocks.com Single Stock Ideas… Starting at Only $19/month Advanced Report…. Starting at Only $97/Month By Evelyn Cheng 9:35am EST U.S. stocks opened higher on Tuesday, attempting to bounce from the worst trading day of the year, as investors turned more optimistic on the Greece crisis. “I think it’s an oversold bounce. … We also had…
Adam Sarhan Reuters Quote: COMMODITIES-Futures pull back after early rally, await China data
COMMODITIES-Futures pull back after early rally, await China data Tue May 7, 2013 5:35pm EDT * China April trade data expected on Wednesday * Brent crude closes below $105 after nearing $106 earlier * Copper consolidates early run to 3-week high * Gold down as Australia cuts rates, ECB open to more easing (Updates with…
Adam in @MarketWatch: These signs will mark the bottom for the stock market
Published: Jan 22, 2016 5:13 p.m. They’ll be crystal clear only in hindsight. After getting off to the worst start to a new calendar year in history, U.S. stocks on Friday finally posted the first winning week of 2016. So did stocks bottom or is this just a bounce within a bigger pullback that could…
Reuters Quote: Q1 2011 Global Macro Recap
“I think at this point, the market deserves the bullish
benefit of the doubt,” said Adam Sarhan at New York-based
financial advisory Sarhan Capital.
“You have a nuclear threat in Japan, instability in
oil-producing countries, debt panic in Ireland and other
periphery countries in Europe, and yet the market doesn’t come
down.”
