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Adam Sarhan CNBC.com Quote: US STOCKS-Payrolls leads Wall St higher; Dow near 18,000
* Nov jobs report comes in well ahead of expectations * Financials lead on the day, energy falls again * American Eagle tumbles after outlook, results * Indexes up: Dow 0.4 pct, S&P 0.3 pct, Nasdaq 0.4 pct (Updates to midday trading) By Ryan Vlastelica NEW YORK, Dec 5 (Reuters) – U.S. stocks rose on…
Adam Sarhan Reuters Quote: Hedge funds selling gold after propping market a month ago
By Barani Krishnan NEW YORK | Fri May 17, 2013 6:55pm EDT (Reuters) – Hedge funds and other big speculators in commodities have started selling gold in a big way, trade data showed on Friday, just a month after they had supported the precious metal amid a record tumble in its price. Money managers, including hedge funds,…
Reuters Quote: Gold jumps to record over $1,450 as corn, crude surge
“It appears that gold is beginning a new up-trend after its recent consolidation,” said Adam Sarhan of Sarhan Capital. “If gold negates this breakout and falls back below $1,440 to $1,430, one would expect sideways action to continue.”
Friday Recap: Sarhan in CNBC: Stocks close mostly lower after new Hillary Clinton probe sends markets for wild ride
Friday, October 28, 2016 4pm EST U.S. equities closed mostly lower on Friday after the Federal Bureau of Investigation announced it is investigating new emails related to Democratic nominee Hillary Clinton. The Dow Jones industrial average ended about 10 points lower after trading 74.71 points lower following the announcement. The index was trading about 75…
Sarhan CNBC: Stocks mixed despite oil slide; Nasdaq holds higher
U.S. stocks traded in a range Friday, continuing to consolidate after solid gains earlier in the week and mostly shaking off pressure from declines in oil prices. The major averages held mixed in midday trade, but well off session lows with the Nasdaq composite trading mostly higher. “I think people feel the market’s stabilizing to…
CNBC: Dow closes at session highs as Street's overseas tension concerns ease
Monday, 4.18.17 U.S. equities closed higher on Monday as a weekend filled with geopolitical worries ended more calmly than investors expected, while bank stocks charged ahead. The Dow Jones industrial average closed more than 180 points higher as Boeing and Goldman Sachs contributed the most gains on the 30-stock index. The S&P 500 gained 0.86…
