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Adam Sarhan Reuters Quote: PRECIOUS-Platinum hits 2-month high on S.Africa supply fear
Mon Aug 20, 2012 1:17pm EDT * Speculators bet on fall in S. Africa platinum output * Charts show platinum near overbought territory * Gold-platinum spread narrows after platinum rally By Frank Tang NEW YORK, Aug 20 (Reuters) – Platinum prices jumped nearly 2 percent on Monday, hitting a two-month high after deadly violence at a mine…
Sarhan in WSJ: Why China’s Selloff Isn’t Bringing Down U.S. Stocks
Feb 25, 2016 3:19 pm ET U.S. investors returned to their desks on the first trading day of the year to see that the Shanghai Composite Index had fallen 6.9%. The resulting stateside selloff was swift and heavy. Less than two months later, U.S. traders got in Thursday morning to see the same thing: a6.4% selloff in…
Adam Sarhan Reuters Quote: Gold down 2 percent after strong U.S. nonfarm payrolls
By Frank Tang NEW YORK | Fri Nov 2, 2012 1:18pm EDT (Reuters) – Gold slid 2 percent in heavy trade on Friday, breaking below $1,690 an ounce for the first time in about two months as an encouraging U.S. nonfarm payrolls report lowered expectations for economic stimulus provided by global central banks. Bullion hit a two-month…
Sarhan on Bloomberg TV: Oil and Commodities: Breaking Out or Breaking Down?
1:15 PM EDT June 10, 2016 Adam Sarhan, founder and chief executive officer at Sarhan Capital, discusses the trade in oil and the potential for a new bull market in commodities. He speaks on “Bloomberg Markets.” (Source: Bloomberg) Or Watch Here: http://www.bloomberg.com/news/videos/2016-06-10/oil-and-commodities-breaking-out-or-breaking-down
CNBC: Stocks mostly lower amid earnings; energy lags
U.S. stocks traded in a narrow range Monday, as investors prepare for a deluge of earnings while digesting Chinese economic data. “I think it’s earnings-driven,” said J.J. Kinahan, chief strategist at TD Ameritrade. Over a fifth of S&P 500 companies are scheduled release quarterly results this week. Banking giant Morgan Stanley posted earnings per share…
Benzinga Quote: Expert Roundtable: Is The Fed Just 'Kicking The Can Down The Road'?
Benzinga June 18, 2015 10:20am The Federal Open Market Commission released its updated economic projections for the next two years on Wednesday, slashing GDP forecasts for 2015, while showing a mildly hawkish medium-to-long-term outlook on the economy. Meanwhile, the Federal Reserve announced that it would keep interest rates near zero for the time being, although it…