Similar Posts
Adam Sarhan Reuters Quote: Gold lower after strong US jobs data; platinum falls
* Drop in US jobless claims stirs ideas of Fed tapering * Platinum hits four-month low on technical selling * China’s imports from Hong Kong highest in seven months * Coming up: U.S. markets shut on Thursday By Frank Tang and Clara Denina NEW YORK/LONDON, Nov 27 (Reuters) – Gold fell on Wednesday, erasing initial…
Voice Of America: February Brings More Volatility to US Stock Markets
Jill Malandrino February 05, 2016 3:39 PM NEW YORK—The first trading week of February 2016 saw more volatility on U.S. markets due to continued weakness in crude oil and massive moves in the U.S. dollar and global currencies. Just in the last five trading sessions, the S&P 500 has traded in nearly a 100-point range….
CNBC Quote: Dow briefly adds 100 points as stocks bounce; Greece eyed
U.S. stocks traded higher on Wednesday, recovering some of Tuesday’s sharp decline, as investors eyed Greece headlines amid continued rise in the dollar and bond yields. The Dow Jones industrial average briefly gained more than 100 points soon after the open. The blue chip index fell as much as 242 points on Tuesday before closing…
Adam Sarhan Reuters Quote: PRECIOUS-Gold rises on technicals, short-covering after Fed move
Thu Sep 19, 2013 4:42pm EDT * Hopes of low U.S. interest rates, no Fed taper boost gold * Short-covering helps drive gold’s rally after Fed * Gold seen bottoming on charts * Coming up: CFTC Commitments of Traders report Friday (Adds trader comment, technical analysis, second byline, dateline) By Frank Tang and Clara Denina…
Why Sarhan Capital's CEO Thinks Twitter And Social Media Can Go Higher
Kevin Riley , Benzinga Staff Writer April 01, 2015 12:34pm Adam Sarhan was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Sarhan Capital CEO Adam Sarhan was bullish on Twitter Inc TWTR 0.78% and social media. Sarhan noted that social media did not…
Reuters Quote: Copper extends slide as global growth woes mount
“Even if Greece is off the table and this referendum passes, it doesn’t resolve any of Europe’s broader issues, i.e., the rest of the PIGS countries are broke,” said Adam Sarhan, chief executive of New York-based Sarhan Capital, using an acronym for Portugal, Italy, Greece and Spain.
“That is the underlying problem which is weighing on the markets collectively, from copper to equities … Nothing that was addressed last week even scratches the surface dealing with their debt.”