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Adam Sarhan Wall Street Journal Quote: Facebook Shares Plummet on Day 2
Facebook Shares Plummet on Day 2 By DREW FITZGERALD And MATT JARZEMSKY NEW YORK—Facebook Inc. shares plunged on their second day on the stock market, a black eye for all those involved with the social networking company going public. “The underwriters completely screwed this up,” said Michael Pachter, analyst at Wedbush Securities. “This thing should have been half as big…
Adam Sarhan Reuters Quote: PRECIOUS-Gold up on short covering, platinum in biggest gain since Oct
Join Our Free Newsletter Thu, Dec 26 16:30 PM EST * Gold, silver gain as traders cover short positions * Prices head for biggest annual drop since 1981 * Platinum set for biggest daily gain in 2 months (Updates prices, adds comment) By Clara Denina and Josephine Mason LONDON/NEW YORK, Dec 26 (Reuters) –…
Adam Sarhan MarketWatch Quote: Goldman: This rally doesn’t need techs
Goldman: This rally doesn’t need techs May 9, 2013, 4:48 AM As Wall Street continues to break records, the players have been changing. Value-oriented stocks and defensives had been leaders in the bull market, but recently money has been moving into cyclical stocks — technology, financials and energy. To many, this is a healthy sign for a…
Adam Sarhan Reuters Quote: Copper climbs to one-month high after Fed minutes
By Chris Kelly NEW YORK (Reuters) – Copper prices in New York extended gains to new one-month highs in after hours trade on Wednesday after minutes of the most recent Federal Reserve policy meeting indicated the central bank was likely to further ease monetary policy “fairly soon” unless the economy improves. “Many members judged that…
CNBC: Stocks Close Lower As Wall Street Braces For French Election, But Post Weekly Gains
Friday, April 21, 2017 U.S. stocks closed lower in choppy trade Friday as investors looked ahead to the French election. Wall Street also digested falling oil prices and comments from the Trump administration on tax reform. The Dow Jones industrial average fell about 30 points with IBM contributing the most losses. The index briefly turned…
Adam Sarhan Reuters Gold Quote 11.28.11
PRECIOUS-Gold surges on euro hopes, biggest gain in 3 weeks Mon Nov 28, 2011 4:01pm EST * Rises 2 pct to one-week high, biggest gain in 3 weeks * Volume high as investors roll positions forward * Option’s implied volatility at one-month low * Gold-S&P positive correlation tightest in 6 months * Coming up:…
