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CNBC Quote: Stocks Attempt Gains As Street Eyes Data, Earnings
By Evelyn Cheng | @chengevelyn 11:22 am U.S. stocks traded mildly higher on Tuesday as investors eyed economic reports and earnings that continued to indicate less-than-robust growth, amid news of a deal in Iran. “To a certain extent, bad news keeps the Fed at bay,” said Ben Pace, chief investment officer at HPM Partners. “Maybe…
Adam Sarhan Quoted in MarketWatch: Home builder ETF wavers near a breakout point as earnings roll in
While chart watchers got fired up when a play on home builders broke out to a record high last month, the SPDR S&P Homebuilders ETF XHB hasn’t done much since then. MarketWatch columnist Kevin Marder and Adam Sarhan of Sarhan Capital were among the technical analysts who pointed out XHB’s bullish move above 34 last month. They weren’t necessarily…
Latest MSN.com Quote- Gold enjoys biggest jump in eight days
Gold jumped to its biggest gain in eight sessions on Tuesday, snapping back from steep day-ago losses as the anticipation of further US stimulus mingled with new fears over global growth. In a jittery session marked again by gold trading less like a safe haven and more like a risky commodity, bullion rallied in the…
Adam Sarhan Reuters Quote: Instant View- U.S. manufacturing sector grows in September for first time since May – ISM
NEW YORK | Mon Oct 1, 2012 10:24am EDT (Reuters) – The U.S. manufacturing sector expanded in September, shaking off three months of weakness as new orders and employment picked up, an industry report showed on Monday. COMMENTS: PETER JANKOVSKIS, CO-CHIEF INVESTMENT OFFICER AT OAKBROOK INVESTMENTS LLC IN LISLE, ILLINOIS “Numerically that is a pretty small amount…
Adam Sarhan Reuters Quote: U.S. job growth offers upbeat sign for weather-beaten economy
Want More? Join Our OUR FREE NEWSLETTER Published: Friday, 7 Mar 2014 | 10:07 AM ET * Nonfarm payrolls rise 175,000 in February * Unemployment rate rises to 6.7 percent from 6.6 percent * Average hourly earnings rise nine cents, workweek falls * Data seen bolstering Fed’s resolve to scale back stimulus WASHINGTON, March 7…
Thursday Recap: Sarhan in CNBC: Stocks slash earlier losses, hold nearly flat after oil rises
Thursday, October 13, 2016 U.S. stocks fell on Thursday, but traded well off session lows, as investors digested weak data out of China and rising oil prices while assessing the possibility of a Federal Reserve rate hike. The Dow Jones industrial average dropped more than 150 points before holding about 10 points lower, with…
