Adam Sarhan Reuters & CNBC.com Quote:

Adam Sarhan Reuters & CNBC.com Quote:

NEW YORK (Reuters) – New single-family home sales dropped in March to their lowest level in four months, but the reading still beat analysts’ expectations as the government said sales in prior months were higher than initially thought. Consumer confidence edged slightly lower in April, while Americans also reined in their inflation expectations after a…

Adam Sarhan Quoted In Reuters: Copper Ends Week Up 2%, EU Concerns Cap Gains

Adam Sarhan Quoted In Reuters: Copper Ends Week Up 2%, EU Concerns Cap Gains

By Chris Kelly and Maytaal Angel NEW YORK/LONDON | Fri Apr 20, 2012 2:31pm EDT (Reuters) – Copper posted its best weekly performance since late February on Friday, helped by strong first-quarter earnings results in the United States and by receding debt concerns in Europe. Copper jumped 2 percent on Friday to be near the top of winners in the…

Adam Sarhan Quoted in TheStreet.com: Markets Face Housing Data, French Elections in Coming Week

Adam Sarhan Quoted in TheStreet.com: Markets Face Housing Data, French Elections in Coming Week

NEW YORK (TheStreet) — The major averages are flirting with critical support levels, and it remains to be seen whether bulls will swoop in to defend them. “The major averages are at a critical inflection point as they are all flirting with their respective 50-day moving averages lines,” says Adam Sarhan, founder and CEO of…

Stocks End Week Mixed; Nasdaq Closes Below 50 DMA line- 1st Weekly Close Below It This Yr!

Stocks End Week Mixed; Nasdaq Closes Below 50 DMA line- 1st Weekly Close Below It This Yr!

Friday, April 20, 2012 Stock Market Commentary: Stocks ended the week mixed this week as investors digested a slew of earnings and economic data. As earnings and economic data continues to be released in droves, it is paramount that we not only pay attention to the actual numbers but how the stocks (and major averages) react to…

Stocks Fall On A Slew of Earnings & Economic News

Stocks Fall On A Slew of Earnings & Economic News

Thursday, April 19, 2012 Stock Market Commentary: Stocks and other risk assets were mostly lower on Thursday as investors digested a slew of earnings and economic data. As earnings continue to be released in droves, it is paramount that we not only pay attention to the actual numbers but how the stocks (and major averages) react to…