Adam's April 2015 Market Outlook on Benzinga.com 04/01/2015
Adam Sarhan, Founder and CEO of Sarhan Capital – #PreMarket Prep for April 1, 2015
Adam Sarhan, Founder and CEO of Sarhan Capital – #PreMarket Prep for April 1, 2015
Wednesday 6.15.16 8:55am EST Wall Street was set to snap a four-day losing streak on Wednesday as lower chances of an interest rate hike offered solace to investors amid jitters of Britain’s possible exit from the European Union. The Federal Open Market Committee (FOMC) will release its policy statement at 2:00 p.m. ET after a…
Thursday, June 7, 2012 MICHAEL MORAN, CHIEF ECONOMIST, DAIWA SECURITIES AMERICA, NEW YORK “Bernanke didn’t reveal anything new in his prepared remarks. He was general and vague about what the Fed might do with monetary policy. He reiterated the Fed was willing to do more, if needed, but offered no clues as to whether additional…
Wed Feb 20, 2013 1:20pm EST (Writes through with possible hedge fund liquidation and other details, quotes; adds NEW YORK to dateline, second byline) * Rumor of commodity fund liquidation sparks broad selloff * Gold at 6-month low, silver down most in 2 months * Copper hits 1-month bottom * Gasoline, US crude oil down…
* Coca-Cola up after earnings, Apple up after bond pricing * Pfizer rises after share buyback news * Indexes up: Dow 0.78 pct, S&P 1.04 pct, Nasdaq 1.26 pct (Adds data, updates to late morning) By Sinead Carew NEW YORK, Feb 10 (Reuters) – U.S. stocks rose on Tuesday on hopes that Greek debt negotiations…
Thursday, May 5, 2016 9:45am U.S. stocks traded higher Thursday as higher oil prices supported a more risk-on tone, ahead of the key employment report due Friday. “It’s a little bit of a relief rally … oversold bounce,” said Adam Sarhan, CEO of Sarhan Capital. “You also have a rebound in oil which is very…
U.S. stocks closed narrowly mixed on Thursday as investors digested more earnings and second-quarter GDP, a day after the Federal Reserve left interest rates unchanged. “I think there’s a lot of confusion really. The focus was trying to understand what’s going on with economic growth and the Fed,” said David Kelly, chief global strategist at…