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
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Reuters Quote: Wall Street falls steeply with China, Greece fears paramount
(Reuters) – The S&P 500 posted its biggest percentage loss since March 25 on Friday as investors shunned risk amid new trading regulations in China, renewed worries about Greece running out of money, and tepid U.S. corporate earnings. Selling followed sharp overseas stocks declines and was broad, with all 10 major S&P 500sectors losing ground….
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.”Sarhan in CNBC: Stocks Hold Higher After Fed Minutes
July 6, 2016 9:55am U.S. stocks rose Wednesday, helped by a reversal in oil prices and gains in health care stocks. The Federal Reserve meeting minutes released in the afternoon showed policymakers said it was prudent to wait for more data and the Brexit vote result before raising rates. The non-farm payrolls report due…
International Business Times: Why Are Stocks Dropping? Here's What US Equity Market Gyrations Are Telling Us
September 06 2015 8:20 AM EDT Global fears about China’s economic slowdown have rocked equity markets around the world the past few weeks, and while many stocks, and even entire sectors, have remained in a slump since the country’s so-called Black Monday, some securities have snapped back impressively. However, the list of winners in recent…
Adam in CNBC: Nasdaq hits record high as stocks rise; oil slides more than 3.5% ahead of OPEC meeting
November 28, 2016 1pm U.S. equities rose on Tuesday as investors kept an eye on falling oil prices ahead of a key OPEC meeting, while digesting economic data. The Dow Jones industrial average traded about 30 points higher, with UnitedHealth Group contributing the most gains. The S&P 500 traded 0.2 percent higher, with health care…
Reuters Quote: Twitter shares slammed after disappointing results
Technology | Tue Apr 28, 2015 4:23pm EDT (Reuters) – Micro-blogging website operator Twitter Inc (TWTR.N) reported quarterly revenue below Wall Street expectations, causing shares to drop sharply in the last hour of trading. Twitter’s results were leaked early by Selerity, a financial data company; they were scheduled for release after the close of trading….
