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Adam Sarhan Reuters Quote: COMMODITIES-Down on bets EU summit will fail; oil loses 3 pct
Thu Jun 28, 2012 3:14pm EDT * US crude ends below $78 amid doubts about EU summit * Copper down too, heads for worst quarter since Q3 2011 * Gold slips 1.6 pct on day on signs of no Europe stimulus By Barani Krishnan NEW YORK, June 28 (Reuters) – Oil prices fell by up…
COMMODITIES- Markets up, rebound from rout on US jobs data
“What’s happening now is the global economic recovery story has become just as important as the dollar story, if not more,” said Adam Sarhan at Sarhan Capital in New York. “That’s the shift we’re starting to see now.”
Adam Sarhan Reuters & CNBC.com Quote: Hedge funds long money in commods up after 4 weeks
Published: Friday, 4 May 2012 | 6:30 PM ET NEW YORK (Reuters) – Hedge funds and other money managers made more positive wagers on commodities than negative bets for the first time in five weeks, the Commodity Futures Trading Commission reported Friday, as softening U.S. data raised expectations for a stimulus. But a huge sell-off in…
Sarhan In Reuters: Wall Street Week Ahead – Economic data could put stocks back on higher path
Markets | Thu Mar 24, 2016 8:59pm EDT The March U.S. employment report and other key economic numbers next week could help U.S. stocks resume their recent winning path as long as that data hits the sweet spot: Not strong enough to add to worries about further interest rate hikes, yet not weak enough to…
Adam Sarhan WSJ Quote: S&P 500 Breaks Out, But Watch That 50-Day Moving Average
Thursday, June 27, 2013, 1:36 PM ET ByTomi Kilgore It takes more than a three-day rally for technicians to say stocks are headed back up. The S&P 500 has run up 2.6% in three sessions, and was headed for the first three-day win streak in over six weeks. But technicians say the pullback from…
Adam Sarhan IBTimes Quote: Madison Square Garden Spinoff Could Reveal How Much Knicks, Rangers Are Worth
By Jessica Menton on October 28 2014 7:43 PM The Madison Square Garden Company announced on Tuesday it is exploring splitting its business into two separate companies, which would spin off the New York Knicks and Rangers from MSG’s entertainment unit. The reasoning for the split could be largely driven by investors who want to…
