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Reuters Quote: Alibaba options show investors wary ahead of lock-up expiration
(Reuters) – Alibaba Group Holding Ltd’s blockbuster IPO has been followed by a steady slide in its stock price, which options market players do not expect to abate, with nearly a fifth of its shares to be released for trading on Wednesday. The Chinese e-commerce giant’s stock soared after it first went public in September,…
Adam Sarhan Reuters Quote: Stock futures flat at 5-year highs, investors await earnings
By Ryan Vlastelica NEW YORK | Tue Jan 22, 2013 8:17am EST (Reuters) – Stock index futures were flat on Tuesday as investors held back from making large bets ahead of an onslaught of corporate earnings and after recently notching five-year highs. Both the Dow and S&P 500 closed at their highest levels the earnings season. U.S. markets were closed on…
Adam Sarhan Reuters Quote: Gold up with riskier assets, snaps four-day decline
By Frank Tang and Amanda Cooper NEW YORK/LONDON | Thu Oct 11, 2012 2:30pm EDT (Reuters) – Gold rose on Thursday, tracking U.S. equities and other commodities higher, as a sharp drop in the number of Americans filing new claims for jobless benefits helped the metal snap four straight days of declines. Bullion could…
Adam Sarhan MarketWatch Quote: Stocks flat after dipping on ISM data
Dec. 2, 2013, 1:14 p.m. EST EBay rises on Cyber Monday hopes after mixed results from shopping weekend By William L. Watts, MarketWatch NEW YORK (MarketWatch) — U.S. stock indexes traded near unchanged Monday, making up losses in the wake of a stronger-than-expected reading on November manufacturing activity thatreinforced expectations the Federal Reserve will move sooner…
CNBC Fast Money Quote: Did Gold Bubble Just Pop?
“On the charts, gold has breached below two important support levels, namely its 50-day average at $1,382 and – as we mentioned above – its December lows at the $1,360s, explains Adam Sarhan, chief executive of New York-based Sarhan Capital in a Reuters interview.
“At this stage of the game, gold is at a very important inflection point,” Sarhan says.”